SMBC Group

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Loan Specialist

Loan Specialist

Job Locations 
US-NY-New York
Career Category 
Position ID 
2018 - 0144
Corporate Title 
Posting Date 

More information about this job


SMBC is seeking a Loan Specialist Analyst level, part of the BCDAD group and responsible for servicing a syndicated loan portfolio in which the bank is a participant.




The Loan Specialist 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 Senior Loan Specialists in the review and approval of the loan administrators' work. Support an syndicated portfolio whereby SMBC is a participant lender in the US Corporate & Loans 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.



  • Processes new drawdowns, paydowns, Letters of Credit (L/C) activities 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 the 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 polices and procedures.



  • 2 to 5 years of comparable or relevant experience- This position is an Analyst level.
  • 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, LoanIQ.
  • Operational Abilities
    · 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

    · 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