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Job Details

Senior Analyst

Location
Jersey City, NJ, United States

Posted on
Feb 12,2020

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Duties:
JOB DESCRIPTION:
Overall Summary of the Job: Senior Analyst will be part of a loan administration team. The position requires adherence to strict deadlines, timely processing of payments. Analyst must be an expert to advanced user of Loan IQ system. Seeking for experienced individual in closing, servicing, primary, secondary, and 3rd party trading. Individual is required to understand and work in accordance with internal procedures and facility-specific documentation. Analyst must be able to read and interpret loan documentation.
Primary Responsibilities/Essential Functions:
•Responsible for analyze loan agreements and related documentation
•Perform loan servicing for different types of loans, which includes syndicated loans, collateral management, and escrow accounts
•Construct deal structures in Loan IQ including amending existing deal structures
•Execute and manage Loan Portfolio in multi-currency.
•Review and drive break resolution identified in reconciliations, either for daily or month-end reporting purposes
•Provide support to the Lender and Borrower by addressing all inquiries timely.
•Manage shared team functions and team email boxes.
•Communicate and support all inquiries from City Office team.
•Train junior Loans Administration Analyst(s)
•Trouble-shoot basic Loan IQ functional problems/issues
•Other work includes projects and any remediation efforts, as assigned.
Decision-Making Responsibility:
•Interpret terms of loans and translate build into the LIQ
•Assess and assist with streamlining and cost saves of our processes.
•Determine and drive solutions for gaps identified in performed functions, if any
•Review and approve transactions and loan processing, including but not limited to loan funding
•Ability to escalate and communicate to both internal and external stakeholders
Management of Risk (Operational Risk / FIM requirements)
•Each employee must be aware of the Operational Risk scenario associated with the role and acts in a manner that takes account of operational risk considerations.
•Each employee must ensure compliance, operational risk controls in accordance with client or regulatory standards and policies; and optimize relations with regulators by addressing any issues.
•Each employee must promote an environment that supports diversity and reflects the client brand.
•Maintain awareness of operational risk and minimize the likelihood of it occurring including its identification, assessment, mitigation and control, loss identification and reporting in accordance with section B.1.2 of the Group Operations FIM.
Observation of Internal Controls (Compliance Policy / FIM requirements)
•Each employee must maintain client internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators. Any failures to comply with the above should be reflected in year end performance assessments.
•Each employee must understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy.
•Understands, follows and demonstrates compliance with all relevant internal and external rules regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and Compliance policy.
TOP must-have skills:
1.) Advanced Excel knowledge
2.) Proficient in LIQ usage, including building and amending existing deal structures, and loan administration.
3.) Strong process and operational risk understanding
4.) Excellent written and verbal communication
5.) Ability to multi task, manage time and meet deadlines.
6.) ClearPar technology experience is a plus
Thanks,
Job Requirements
Loan IQ
Job Code:
50085382
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Recruiter
Khusbu
Email
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