Loan Operations Specialist Associate

Intesa Sanpaolo GroupNew York, NY
$80,000 - $110,000

About The Position

The person will be responsible for Syndicated loan set up & maintenance as a participant and Bi-Lateral Loans, ensuring the timely disbursement of funds and processing transactions through SIRE and LoanIQ, timely & Accurately processing Loan openings, closings and rollovers in SIRE or LoanIQ.

Requirements

  • 3-5 years of experience in the area of loan processing
  • Complete knowledge of loan processing, practices, applications and procedures
  • Understanding of loan products including receivables, syndicated facilities and fee structures
  • Thorough knowledge of BSA/AML/OFAC rules and regulations, KYC policies and procedures
  • Proficient in Microsoft Office suite of products (especially Excel) and possibly LoanIQ
  • Detail oriented in order to identify discrepancies in notices and payments
  • Proficient in the reconciliation of “Nostro”, and Sundry accounts
  • Detail oriented and accurate with a strong work ethic
  • Excellent organizational and follow-up skills
  • Ability to multitask and work as a member of a team in a fast paced environment and meet strict deadlines
  • Ability to work independently with minimum supervision

Nice To Haves

  • Bachelor’s degree in finance, accounting, economics preferred

Responsibilities

  • Track and control the receipt and payment of principal, and interest, fees
  • Investigate and report transaction discrepancies
  • Clear open items and daily exceptions
  • Reconciliation of receivable settlements including buffer accounts where appropriate
  • Create & Maintain operational loan files and archiving
  • Additional job related duties & responsibilities as assigned

Benefits

  • The salary range for this position is 80k $- 110k $
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