SMBC Hiring for US Corp Loan Operations Analyst at White Plains, New York Full Time

Overview

US Corporate Loan and Operations is a part of the BCDAD group and is responsible for servicing a syndicated loan portfolio in which the bank is a participant. The Analyst services a portfolio of complex loan products. This is a tactical and transactional role that requires a high degree of expertise and frequently exercises operating discretion within established parameters in partnership with more experienced staff. Assists Associates in the review and approval of administrators’ work. Support a synidicated portfolio whereby SMBC is a participant lender in teh US Corporate Loan & Operations department in the Middle/Back Office. Support a portfolio of loans, ability to read and interpret loan notices, support software processes, has an understanding of Loan IQ and can communicate via telephone with a variety of people including customers, banks and client executives.

Responsibilities

• Processes new drawdowns, paydowns, Letters of Credit (L/C) activities and interest and fees for syndicated and bilateral deals.

• Provides lending services to customers and maintains accurate data.

• Ensures all past due principal, interest and fees are reported, tracked, collected and/or reconciled.

• Coordinates daily funding requirements with Treasury Desk for managed loan portfolios.

• Supports the Treasury Desk’s daily requirement to accurately manage its cash and funded positions.

• Troubleshoots loan related functional problems/issues and resolves problems or escalates as appropriate.

• Trains and cross trains, mentors and guides team on new processes/improvements pertaining to the department’s functionality.

• Adheres to all applicable internal and external regulatory policies and procedures.

Qualifications

• 2 to 5 years of comparable or relevant experience.

• Experience managing complex loan portfolios in a financial institution is preferred.

• BA / BS (or equivalent experience)

• Degree in Finance, Accounting, Economics or comparable discipline is a plus.

• MS Word, MS Excel, MS Access, Lotus Notes, Loan IQ.

• Interpret credit agreements and related documentation.

• Experienced in varieties of loan servicing including all aspects of funding.

• Manage a syndicated and/or bilateral deal portfolio of 90 – 110 facilities.

• Follow instructions very well; detail-oriented.

• Understand all aspects of deal/loan administration functions and tasks.

• Use of LIQ preferred but not required, or similar loan system.

• Construct and amend bilateral and syndicated deal structures.

• Troubleshoot basic loan related functional problems/issues.

Job Locations US-NY-White Plains

Posting Date 15 hours ago (8/16/2021 10:16 AM)

Career Category Loan Administration

iCIMS ID 2021-10580

Corporate Title Analyst

Type Fulltime-Regular

SMBC is an EO employer – M/F/Veteran/Disability