Loan Processing Associate ($20/hr)
Position: - Loan Processing Associate
Location: - Baltimore, MD (Onsite)
Pay Rate: - $20/hr
*This position is on-site*
Servicing Administrator For Servicing Team Duties May Include
Location: - Baltimore, MD (Onsite)
Pay Rate: - $20/hr
*This position is on-site*
Servicing Administrator For Servicing Team Duties May Include
- Processing incoming and outgoing paperwork including mail and facsimiles
- Support client service associates and operational personnel
- Checking inbound client documents for accuracy, notating all activities on the account, and submitting accurate forms for final processing to service centre
- Making outbound contact both in writing and verbally with clients concerning paperwork.
- Ability to define and prioritize project activities and follow-up on project progress
- Strong written and verbal communication skills
- Strong working knowledge and proficiency in the appropriate computer programs such as MS Word and database input is essential
- Knowledge of financial services field
- Must be able to learn quickly and to engage in a number of detailed tasks at once.
- Responsible for daily lifecycle servicing transactions within a dynamic portfolio of lending and trading positions supported by domestic and international based resources.
- Ensure that loan servicing transactions are processed accurately in Loan IQ.
- Review of legal documentation where applicable (Credit Agreements, Amendments and Waivers)
- Work with the Business Unit (BU), Financial Controllers (FCG), Global Capital Markets (GCM), Leveraged Acquisition Finance (LAF), Lending Joint Venture (LJV), and other internal teams on issues with P&L; etc.
- Provide recurring and ad-hoc support to Primary Origination and Secondary Trading desks.
- Represent the team during internal and external audits, including the coordination and articulation of evidence provided by the team.
- College Degree in Finance, Banking, Accounting, or Business Administration
- 1+ years of financial services operations experience preferred
- 1+ years of syndicated/corporate loan experience strongly preferred
- Loan IQ experience strongly preferred- Must be proficient in MS Office products, including Word, Excel, Power Point, and Outlook
- Must be proficient in documenting procedures and process flows
- Must be willing to work overtime during seasonal volume spikes
- Must be able to multi-task and prioritize workload for junior staff
- Ability to multi-task and manage tight deadlines
- Familiarity with syndicated loan products and credit documentation preferred
-
Seniority level
Entry level -
Employment type
Full-time -
Job function
Other -
Industries
IT Services and IT Consulting
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