Kellton

Loan Processing Associate ($20/hr)

Kellton Baltimore, MD

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

  • 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.

Requirements

  • 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.

Responsibilities

  • 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.

Qualifications

  • 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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