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Loan Administrator

New York, NY | Direct Hire

Post Date: 10/25/2016 Job ID: 11565 Industry: Loan Operations

Loan Administrator 

(located in Manhattan)

RESPONSIBILITIES:   

Read and understand credit approval terms and conditions.

Interact with account officer to discuss deal structures and special nuances to ensure that the correct products are  booked.

Prepare or check documents associated with new facilities, advances, loan renewals and funding of transactions  based on proper account officer approvals.

Prepare or check documents associated with payments on loans, resolve discrepancies and make required  adjustments on loan transactions.

Process rate changes including margin changes and ensure all required funding takes place in a timely manner.

Ensure that the money transfer position desk is pre-advised of all expected monetary activity.

Act as a liaison with agent bank regarding all administrative matters on syndicated deals (e.g. rate settings,  advances, payments, next rollover dates).  

Interact with the loan operations group to pre-advise terms, conditions and timing of pending deals.

Prepare periodic managerial and statistical reports.

Research problems and questions through ACBS 

Perform other duties, as assigned, which fall within scope of responsibility.

QUALIFICATIONS: 

Experience with ACBS loan system, Loan IQ or ANY AUTOMATED LOAN SYSTEM  

  Strong knowledge of commercial loan products and processing. 

  Knowledge of state and federal banking regulations.     

  Strong written, verbal and interpersonal communication skills required. 

Experience Needed: A minimum of two  years relevant back office loan experience.

 

Education Required: Associates degree.

Franca Diona
VP

Franca Diona has over 15 years of recruitment experience. She is a graduate of Iona College with a Bachelor of Arts specializing in public relations. She started her career in the music business working for major radio stations in the tri-state area. She furthered her career promoting the world-renowned musician Debbie Gibson. She utilized her skills expanding into the financial industry as a recruiter. Being a part of Adams Consulting Group has allowed Franca to broaden her craft by setting goals and striving to achieve them. She remains energetic and enthusiastic about getting the job done at ACG.

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