Loan Administration Consultant

The Loan Administrator is responsible for managing and servicing complex loan transactions, including coordinating deal closings, maintaining credit arrangements, and ensuring compliance with lending policies and regulations. This role requires expertise in loan operation systems, strong organizational skills, and the ability to handle specialized lending products and complex financial transactions with accuracy and attention to detail.

Client Details

The client was founded in New York City and is now the Largest Asset Manager in the world. Some of the services that they offer include asset management, portfolio construction, capital markets support, regulatory advisory etc.

Description

• Coordinate Loan Closings: Facilitate all aspects of new loan deal closings, including reviewing agreements, managing funds flow, and notifying lenders.
• Maintain Credit Arrangements: Ensure loan documentation aligns with credit approvals, establish accurate credit structures, and oversee ongoing updates to credit facilities.
• Process Loan Transactions: Manage daily loan operations such as rate settings, borrowings, repayments, prepayments, and invoicing for interest and fees.
• Monitor Specialized Lending Products: Oversee transactions for products like securitizations, leasing, and collateralized loans, ensuring proper compliance and accuracy.
• Resolve Discrepancies: Troubleshoot transaction issues, reconcile discrepancies with treasury or borrowers, and ensure accurate cash movement.
• Ensure Compliance: Uphold adherence to regulatory and internal standards, while maintaining high levels of accuracy and attention to detail in all loan administration activities.

Profile

• Extensive Experience: At least five years of experience in loan administration, particularly as an Administrative Agent, with expertise in handling complex financial transactions and specialized lending products.
• Technical Proficiency: Strong knowledge of loan operating systems like ACBS or LoanIQ, and familiarity with payment systems such as FED, CHIPS, and SWIFT.
• Detail-Oriented: Demonstrates exceptional accuracy and attention to detail in managing loan transactions, credit arrangements, and reconciliation processes.
• Problem-Solving Skills: Proven ability to identify, troubleshoot, and resolve issues in loan operations while ensuring compliance with policies and regulations.
• Strong Communication and Organization: Excellent written and verbal communication skills, combined with the ability to manage multiple tasks and work effectively under pressure.

Job Offer

- Competitive Compensation

- Experience with Largest International Asset Manager

- Hybrid Schedule

- Health Benefits (Medical, Dental, Vision)

- Opportunity for long term employment

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.