Job Information
SMBC Agency Loan Servicing Representative in White Plains, New York
Overview
Support an agented portfolio whereby SMBC is the Administrative, Collateral, and/or Depositary agent in the Agency Services Department in the Middle/Back Office. Support a portfolio of loans, ability to read and interpret credit agreements, 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
Primary Responsibility:
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.
Complete coordination, review, and system (LIQ) input of assigned new deals and amendmentsEnsure 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 collectedEnsure all monies due and payable to the bank are collected and/or reconciled
Complete assigned projects generally to address workflow or business related matters
Adhere to internal and external regulatory policies and procedures
Qualifications
Preferred Previous Work Experience:
Minimum of 2-3 years of experience in loan administration and managing bilateral and syndicated deals
Project management skills
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 communication, both orally and in writing
Preferred Education/Licenses/Certifications/Registrations
Four-year college degree with a minimum of 2-3 years in banking
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
Job Locations US-NY-White Plains
Posting Date 2 weeks ago (2/23/2021 10:33 AM)
Career Category Loan Administration
iCIMS ID 2021-9135
Corporate Title N/A
Type Fulltime-Regular
SMBC is an EO employer – M/F/Veteran/Disability