14699DM TEMP Loan IQ Admin HYBRID

Foreign Bank in NYC is seeking a Seasoned Loan IQ Admin who has extensive syndicated and bilateral loan processing experience Position is remote three days per week and 2 days in the office is required.
Specific Duties include:

• Booking new Bilateral and Syndicated Loan deals and Letters of Credit Facilities in the Finastra Loan IQ platform.
• Processing loan and SBLC interest and fee accruals
• Booking Risk Participations in Loan IQ.
• Processing amendments, waivers, and deal terminations on the Loan IQ platform
• performing reconciliations and investigations
• responding to inquiries from external clients and internal bank personnel
• reviewing related credit application and loan agreements for new deal processing and amendments
• Processing Syndicated Secondary Trades on the Loan IQ Platform

Ideal candidate must be organized and flexible, a team player who is eager to take on various tasks as requested along with having the ability to work well under pressure. Candidate should also have:

• A minimum of 5+ years loan processing experience in a syndicated environment
• Basic familiarity with the Clear-Par loan trading platform
• Proficiency with reading and interpreting loan documents and related credit approvals
• Exposure to processing foreign currency loans
• Knowledge of Risk Participations
• Strong ability in performing investigations and reconciliations of open items in bank’s internal accounts
• Knowledge in booking SBLC’s and billing clients for SBLC fees
• Good Communication Skills – Oral and Written
• Excellent organizational skills
• Basic loan accounting knowledge
• A Bachelor’s degree from an accredited university

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