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Senior Associate - Loan Operations

Job title: Senior Associate - Loan Operations
Contract type: Permanent
Location: New York
Specialisation: Banking & Financial Services / Insurance
Salary: USD 120,000 - 140,000 (Annual)
Reference: PR/086293
Contact details: Yu Nakada (Nick)
Contact email: Yu.Nakada@jac-recruitment.com
Job published: May 05, 2024 19:13
COMPANY OVERVIEW
Our Client is one of the largest financial institutions in the world with a variety of financing, securities, treasury services, Investment and Corporate banking. They are looking for an experienced Loan Ops specialist.
 
Fully knowledgeable on the day-to-day activities, resolves complex issues where expertise is required to interpret policies, guidelines, and practice. May be considered a subject matter expert for one or more functions or processes. Focus on operational execution and occasional broader planning within areas of expertise. May have direct report subordinate staff.
 
JOB RESPONSIBILITIES
  • Assists Vice President and Assistant Vice Presidents of Loan Operations with coordinating and approving the daily activities in Loan Operations Department.   Helps monitor and anticipate the work volume, set priorities and distribute work among subordinates.   Ensure that all work is processed and documented in compliance with the binding agreement(s) and Branch’s policies and procedures.
  • Ensures data integrity of all systems and files in support of the operations conducted and that appropriate audit trail is established.
  • Assists Department Manager, Vice President and Assistant Vice Presidents of Loan Operations with establishing and implementing new workflow and/or procedures to improve Department’s performance.

  • Trains the subordinates and assess their work for accuracy and timeliness and makes recommendations to Department Manager on staffing-related issues.

     

REQUIREMENTS
  • Bachelor’s degree or equivalent in business, economics, accounting or its equivalent with 5+ years of related experience.
  • 5+ years of experience in loan operations in a bank. Bilateral / syndicated / agency loans experience is required. 
  • 5+ years of experience using Loan IQ (version 6 or later), or experience with a Loan IQ implementation workgroup or implementation plan is required.
  • 3+ years of supervisory experience.
 
Benefits
  • USD 120,000 - 140,000 (Commensurate with experience)
 
We sincerely apologize, but due to a high volume of applicants, only those who pass the initial screening will be contacted.
We appreciate your understanding.

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