Loan Administrator

Pay $29-39hr depending on experienceKey Responsibilities:Ensure accurate and timely administration of the Bank's loan portfolio, adhering to state and federal regulations and Bank policies.Assist in new Agency deal closings as Administrative Agent or direct lender, managing funds flow, fee allocation, and lender notifications.Handle various products, including ABL, equity fund finance, and residential mortgages.Coordinate transactions between customers, Agent Banks, Participant banks, and internal teams, managing administrative aspects of new deal closings.Calculate, invoice, and disburse fees, monitor borrowing status, and manage ongoing loan maintenance (interest payments, rollovers, repayments).Provide consultative support on operational deal structures and ensure loan documentation matches credit approval.Troubleshoot deal management issues, reconcile transactions, and maintain data ply with Bank regulations, complete compliance training, and report potentially prohibited transactions (OFAC related).Your Skills & Experience:5+ of loan product experience as Administrative AgentExperience with loan operating systems: ACBS, LoanIQExperience with specialized lending products (e.g. Asset Securitization, Leasing, Collateralized Loan Obligations, Project Finance, Loan Trading, and or Credit Derivatives, as necessary)Proficient in management of lending productsKnowledge of payment (FED, CHIPS, SWIFT)

Created: 2024-10-25