SMBC – Loan Servicing Analyst, White Plains

The Loan Servicing Analyst will support an agented portfolio whereby SMBC is the Administrative, Collateral, and/or Depositary agent in the Agency Services Department in the Middle/Back Office. This role also supports a portfolio of loans, will read and interpret credit agreements, support software processes, and will communicate via telephone with a variety of audiences including customers, banks, and client executives.

This role requires an understanding of Loan IQ or similar loan system.

RESPONSIBILITIES

• Accurately process new drawdowns, paydowns, LC activities and fees for syndicated and bilateral deals.
• Provide our lending services to our customers and maintain accurate data
• Coordinate daily funding requirements with Treasury Desk for managed loan portfolio.
• Support Treasury Desk and its’ daily requirement to accurately manage its cash and funded positions.

Other Responsibilities

• Complete coordination, review, and system (LIQ) input of assigned new deals and amendments
• Ensure banks books accurately reflect the intentions of the credit agreement and credit approval
• All past-due principal interest and fees are reported, followed up on, and ultimately collected
• Ensure all monies due and payable to the bank are collected and/or reconciled
• Complete assigned projects generally to address workflow or business-related matters

QUALIFICATIONS

• Minimum of 2-3 years of experience in loan administration and managing bilateral and syndicated deals
• Highly organized approach in meeting job requirements
• Follows instructions very well; detail-oriented
• Team-oriented; willingness back-up and cross-train on all departmental functions
• Strong written and verbal communication; effective communication with external and internal customers
• Has experience interfacing with relationship managers, customers, and other related departments
• Strong knowledge of LIQ preferred, but not required
• Strong or expert knowledge of MS Excel and MS Word

Operational Abilities

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

System Responsibilities

• Use of LIQ preferred, but not required, or like loan system
• Construct and amend bilateral and syndicated deal structures
• Trouble-shoot basic loan related functional problems/issues