Loan Services Analyst -Backoffice (Corona or Loan IQ)

About

A global bank is seeking a Loan Services Analyst for their Back Office operation . The Loan Services Analyst, Back Office will be responsible for processing deals (loans and payments) under agented, participated and bilateral facilities of the office. Additional tasks include processing of the amendments and assignments, authorization of transactions, reconciliation of open items, booking, and processing of the insurances. Process lender activity in deals that are financed by the firm (either bilateral, or participated, as well as agented transactions).

Responsibilities

• Loan input, payment to lenders, generating notices for lenders, fee payments, monitoring of incoming funds in Syndication Account from lenders / Borrower, daily reconciliation, preparation of invoices.
• Candidate will work closely with Middle Office, Loan Trading and Loan Booking teams on daily activity.
• Daily Corona reconciliation and past-due report monitoring are both essential duties for this role.
• Reconciliation tasks include review/investigating of all open items under individual's assigned accounts. Similarly, past-due monitoring will require review and feedback of all open items.
• Processing of assignments and amendments as received from the counterparties in the prompt manner
• Checking and authorizing of different types of the transactions handled by the team
• Set up, processing and reconciliation of the Insurance payments, as per the existing internal processes

Skills

• Knowledge of current regulations and best practices
• Knowledge of PC (Excel & Word) & Loan IQ; Payplus. Calypso, Corona knowledge is a plus