SMBC Group

  • Loan Administrator

    Job Locations US-NY-White Plains
    Posting Date 3 weeks ago(1/4/2019 11:42 AM)
    Career Category
    Operations
    Position ID
    2018 - 0647, 2018 - 0648
    Type
    Full-Time
  • Overview

    SMBC is seeking an Loan Administrator III who 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. 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.

     

     

    Job will sit in White Plains, NY.
     

    Responsibilities

    Essential Functions: (White Plains - Deal Closing)

    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.

    Other 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

    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

    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.

    Projects
    Complete assigned projects generally to address workflow or business related matters

    Audit and Compliance
    Adhere to internal and external regulatory policies and procedures

    Qualifications

    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

    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

    Experienced in effective communication with external and internal customers; has experience interfacing with relationship managers, customers, and other related departments

    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.


    Other Skills, Abilities and/or Training:

    Strong or expert knowledge of MS Excel and MS Word

     

     

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