Full-Time Loan Adminstrator
We are seeking an Loan Administrator who will be responsible for the day-to-day detailed loan administration of assigned syndicated loans and/or accounts, including the accurate and timely recording of transactions into the loan system of record, and ensuring accurate reporting on securitized loans. Additional duties include clearing outstanding items on tickler and exception reports for assigned loans/accounts and research and reconciliation of principal and interest discrepancies between BNY Mellon and Agent Bank.
* Timely and accurate data entry of detailed loan/asset transactions into the loan system of record.
* Gain a thorough understanding of the workings of syndicated loans.
* Ensure that asset balances are current, accurate and up-to-date by the end of each day.
* Demonstrate a thorough knowledge of detailed loan structures – a participated/syndicated loan may consist of several loans with different maturity dates, term or revolving, etc.
* Quality check work to ensure the highest level of accuracy.
* Clear outstanding items on tickler and exception reports for assigned loans/accounts.
* Research and reconcile syndicated loans principal and interest
discrepancies between BNY Mellon and Agent Bank.
* Track loan history from other financial institutions.
* Other duties as assigned.
* Familiar with working on a PC. Comfortable with learning new PC applications/software.
* Accounting background; experience with transactions or loan processing is a plus.
* Ten-key by touch.
* Good attention to details.
* Good customer service skills.
* Good organization and communication skills.
* Must be able to work overtime – seasonal w/quarter end or new business.
* Ability to work in a stressful work environment with attention to meeting deadlines.
* Proven work ethic and high energy level.
* Demonstrate initiative and pride in work.
* Excellent team player.
* Excellent interpersonal skills with the ability to effectively communicate with various employee levels, including peers.
How to Applyhttps://bnymellon.eightfold.ai/careers/job?domain=bnymellon.com&pid=9446814&query=2112986
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