Loan Operations Specialist

Responsible for accurately administering and processing the daily activities for the NY Loan portfolio.

Client Details

Our client is a leading financial institution that provides financial and investment services and solutions to individual, corporate, and institutional clients in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

Description

• Structure the loan in the banks operating system
• Generate payment instructions against loan drawings  Enter the fees and amortization schedules
• Communicate changes in the Loan principle/interest changes with clients
• Transactional support with counterparties and account officers
• Maintain Syndicated loan balances and reports
• Review and validation of loan documentation in order to identify key information necessary to facilitate the setup of, or amendment of, loan related transactions
• Responsible for the preparation of the monthly reports
• Follow up correspondence with counterparties and agents for Loan activity and problem resolution
• Reconcile all relevant suspense accounts
• Maintain daily statistics
• Adhere to the loan processing related policies and procedures
• Participate in testing of all program changes and upgrades
• Ensure adherence to all pertinent laws and regulations governing BSA/AML, CTF, OFAC and the USAPA as well as all bank policy and procedures governing these topics
• Treasury Operations daily processing competency for support and back-up
• Complete assignments and projects as required by the Manager

Profile

• Minimum 5 years' experience in related field.
• Flexibility with taking on assignments
• Analytical approach to core processing
• Proficient in MS Word & Excel Critical
• Ability to multi-task
• Ability to work independently and as a team
• Attention to detail and accuracy
• Good communication skills
• Ability to follow procedures

Job Offer

• Amazing temporary to permanent opportunity.
• Competitive hourly rates.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.