SMBC Group

  • Loan Servicing Representative

    Job Locations US-NY-White Plains
    Posting Date 1 month ago(5/13/2019 2:08 PM)
    Career Category
    Loans
    Position ID
    2019-0648, 0016, 0017
    Corporate Title
    N/A
    Type
    Full-Time
  • 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: Agency Services (Loan Servicing)

    •  

      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

    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

    Preferred Previous Work Experience:

    • 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 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 department

    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

     

    Required Skills/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

     

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