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LOAN ADMINISTRATOR - TEMP TO PERM - EXCELLENT PAY!
You will be responsible for the closing and day to day management of all transactions including daily input and authorization of transactions, reconciliations, management reporting, and general operational support. As Administrator, you will have a defined core competency and will assist in processing across operations.
Your responsibilities will include:
Ensure all compliance requirements are met Set-up deals, including pricing & fee matrix, evergreen clauses Update SNC for Syndication deals Establish an open and positive relationship with borrowers Provide timely notification of all activity to the syndicate lender group Provide information for daily MM position Input all activity into LoanIQ Daily monitoring of cash movements for lending activity to ensure no fails Reconciliation of the lending administration account Process all interest and fees in Loan IQ system Maintain loan files, settlement of assignments and secondary loan trading Prepare the letter of credit for new issuances Review loan clearing account daily to ensures all differences are resolved Run scheduled activity report for daily processing & position report Investigates all discrepancies regarding principal, interest, and fees Maintain and monitor breakage costs
2+ years relevant work experience with closing and day to day management of all loan transactions Familiar with the UCP 600 and the ISP 98 Working knowledge of Kapiti, Credient, Global Message Manager (GMM), eAloc Self-starter with strong analysis, communications & Excel skills