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Lending Service Administrator (Commercial Lending)
Мэтч & Сопровод
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Описание вакансии
Текст:
TL;DR
Lending Service Administrator (Commercial Lending): Administering specialized commercial loan structures for participations, syndications, letters of credit, and New Market Tax Credit loans with an accent on funding accuracy, documentation, reconciliations, and financial reporting. Focus on processing loan transactions, coordinating with relationship managers and member banks, resolving portfolio issues, and improving lending administration procedures.
Location: Center, New Orleans, Louisiana, United States
Company
is a banking organization providing commercial lending and financial services.
What you will do
- Prepare and analyze specialized loan packages for completeness and accuracy.
- Set up and administer participations, syndications, letters of credit, and New Market Tax Credit loan structures.
- Support loan closings and funding activities, including due diligence, funding requests, member-bank notifications, and customer fund remittance.
- Process rollovers, conversions, rate changes, extensions, modifications, payments, payoff quotes, and letter-of-credit transactions.
- Maintain borrower, guarantor, facility, fee, loan, and credit portfolio data for accurate internal and external reporting.
- Research and resolve reconciliation items, delinquency issues, customer and partner inquiries, and critical administration issues while recommending process improvements.
Requirements
- High school diploma or GED required; an associate degree or vocational certification is highly preferred.
- At least 2 years of loan operations or operations experience, or an equivalent combination of education and experience.
- Knowledge of commercial loans and commercial documentation.
- Strong verbal and written communication, analytical, problem-solving, organizational, and planning skills.
- Ability to multitask, prioritize work, meet deadlines, make autonomous decisions, and operate effectively under pressure.
- Proficiency with Microsoft Word, Excel, Access, and PowerPoint.
Nice to have
- At least 2 years of syndication and participation processing experience.
- Associate degree or vocational certification.
Culture & Benefits
- Work involves collaboration with relationship managers, lending assistants, loan officers, lead banks, member banks, customers, and other financial institutions.
- No supervisory responsibilities.
- Required banking-regulation, HMDA, CRA, RESPA, and RMR certifications may be completed through company computer-based training after joining, where applicable.
- Travel may be required when needed for essential job functions.
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