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Job Requirements of Loan Operations Specialist:
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Employment Type:
Contract to Hire
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Education:
4 Year Degree
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Location:
Manhattan, NY (Onsite)
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Loan Operations Specialist
The Loan Operations Specialist will be responsible for handling deal processing while ensuring compliance with internal controls and regulatory standards. They will also review credit documentation, confirm regulatory compliance, and manage the booking of new investments or amendments.
Client Details
Our client is a full-service, global financial institution which provides wholesale banking, treasury services, private banking, and trade finance solutions to institutional clients, primarily supporting investment and trade between the U.S. and the Arab region.
Description
- Handle deal processing while ensuring compliance with internal controls and regulatory standards
- Review credit documentation, confirm regulatory compliance, and manage the booking of new investments or amendments
- Ensure all compliance and operational steps are completed before deal closing or changes
- Coordinate with internal teams and external parties to execute bookings, amendments, and fund transfers
- Support credit analysts with monitoring and reporting for branch and head office purposes
- Track credit documentation and client reporting to ensure timely submission
- Act as agent in loan servicing, including communication with clients and other lenders and distributing documents
- Maintain internal systems, reports, and records related to credit files and approvals
- Complete additional tasks as assigned by management
Profile
- Bachelor's degree in Finance, Economics, or a related discipline
- Strong skills in business mathematics, analysis, and interpersonal communication
- Excellent organizational skills and attention to detail
- Comfortable using computers and business-related applications
- Strong written and verbal communication skills
- Advanced proficiency in Microsoft 365 (Excel, PowerPoint, Word, Outlook, and Access)
Job Offer
- Competitive hourly rates.
- Medical and dental benefits from day one.
- Amazing temp to perm opportunity.
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.