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Loan Operations

Analyst (White Plains)

  • New York

  • $

    70,000 Per Year

  • Permanent

Reference: 23315

Description

 

Sumitomo Mitsui Banking Corporation

Job Title: Loan Operations Analyst

Location: White Plains

 

Overview:

US Corporate Loan and Operations is responsible for servicing a syndicated loan portfolio in which the bank is a participant. The Loan Operations Analyst services a portfolio of complex loan products. This is a strategic and transactional role that requires a high degree of expertise and frequently exercises operating discretion within established parameters in partnership with more experienced staff. This role will assist in the review and approval of administrators' work, support a syndicated portfolio whereby SMBC is a participant lender and support a portfolio of loans.

 

Responsibilities:

  • Trains and cross trains, mentors and guides team on new processes/improvements pertaining to the department's functionality.
  • Processes and approves new drawdowns, paydowns, Letters of Credit (L/C) activities and interest and fees for syndicated deals.
  • 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.
  • Troubleshoots loan related functional problems/issues and resolves problems or escalates as appropriate.
  • Adheres to all applicable internal and external regulatory policies and procedures.

Qualifications:

  • 3-5 years of comparable or relevant experience.
  • Experience managing complex loan portfolios in a financial institution is preferred.
  • BA/BS in Finance, Accounting, Economics or comparable discipline is a plus.
  • MS Word, MS Excel, MS Access, Lotus Notes, Loan IQ.

Operational Abilities:

  • Interpret credit agreements and related documentation.
  • Experienced in varieties of loan servicing including all aspects of funding.
  • Manage a syndicated deal portfolio.
  • Follow instructions very well; detail-oriented and takes initiative.
  • Understand all aspects of deal/loan administration functions and tasks.

System Responsibilities:

  • Use of LIQ preferred (or similar loan system) but not required.
  • Construct and amend syndicated deal structures.
  • Troubleshoot basic loan related functional problems/issues.

 

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Consultant

Adrian Kinnersley