Skip to content
mimi

Syndicated Loan Analyst/Recent Graduates

BC Forward

Newark · flexible Contract Entry Level $24 – $28/hr 4w ago

About the role

Description

Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements

  • Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions
  • Reconcile daily funding and payment activity to account for all daily cash transactions
  • Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable
  • Initiate and reconcile automated funds movement in accordance with client/lender instructions
  • Monitor and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices
  • Maintenance of margin changes and proper communication to bank group
  • Provide information as requested by Clients, Business Partners, Middle Office, or Lenders
  • Monitor control reports updating applicable comments
  • Assist with any administrative tasks associated with the terms of a Credit Agreement
  • Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement verifying system set up accuracy
  • Back up co-workers, work with various special projects or other tasks as assigned

Minimum Requirements

  • Undergraduate degree is strongly preferred but related job and industry experience can be accepted as a substitute (3+ years)
  • Solid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)
  • Must have experience reading and interpreting syndicated loan documentation or related experience supporting syndicated loans and using LoanIQ
  • Ability to manage concurrent assignments in an effective, efficient and organized manner
  • Ability to work independently within a team environment
  • Excellent oral and written communications skills and strong interpersonal/client servicing skills
  • Strong interpersonal/client servicing skills
  • Strong analytical, problem solving and judgment skills
  • Flexible working schedule with some overtime required

Benefits

  • major medical
  • HSA
  • dental insurance
  • vision insurance
  • employer-provided group life insurance
  • voluntary life insurance
  • short-term disability insurance
  • long-term disability insurance
  • 401k

Skills

ExcelLoanIQPowerPointWord

Don't send a generic resume

Paste this job description into Mimi and get a resume tailored to exactly what the hiring team is looking for.

Get started free