Senior Loan Servicing Specialist
2 weeks ago
We are seeking a highly skilled Senior Loan Servicing Specialist to join our Structured Finance team. As a key member of our team, you will be responsible for supporting the servicing and administration of loans, ensuring operational efficiency and performance.
About the RoleThis is a senior-level position that requires a strong understanding of loan products, cash payment principles, and experience with Loan IQ (LIQ Loan System). You will work closely with our production teams to provide technical support, review and authorize daily loan transactions, and oversee the review and approval of loan forms.
Key Responsibilities- Assist production teams as needed and provide technical support to build expertise within the STR Servicing teams
- Review, verify, and authorize daily loan transactions, including Money Market, Commercial Paper, Non-performing, and Direct/Agented facilities
- Oversee the review and approval of loan forms for new borrowings, increases, rollovers, pay-downs, and commitment reductions, as well as daily approvals of loan proceeds
- Ensure proper reconciliation of interest, commitment fees, and investigate any discrepancies
- Contribute to the improvement of AMER processes and aligning STR processes globally, with a focus on data quality, payments, event management, and key performance indicators (KPIs)
- Support the STR manager in monitoring STR Servicing processes and data quality through various system-generated reports
- Serve as a Subject Matter Expert and preferred point of contact for related projects
- Ensure comprehensive process documentation and team training to maintain high standards
- Proficiency in Loan IQ (LIQ Loan System) and experience servicing syndicated deals as an agent
- Strong understanding of loan products and cash payment principles in USD and foreign currencies
- Advanced Excel skills
- A minimum of 5 years of experience in commercial lending using Loan IQ, with exposure to diverse portfolios (agency/syndicated loans)
- Knowledge of financial products, especially loans, guarantees, and standby letters of credit
We offer a competitive salary range of $85,000 - $110,000 per year, depending on experience, as well as a comprehensive benefits package, including health spending and personal spending accounts, fully sponsored virtual healthcare assistance, and employee assistance program. Our hybrid work environment offers flexibility to work remotely and on-site, promoting interaction and collaboration with colleagues.
CultureWe value a culture of continuous development, encouraging employees to engage in various training programs, such as online training and coaching platforms. Our Employee Resource Groups promote diversity and inclusion, providing opportunities for employees to connect and grow. We believe in a hybrid work environment that balances flexibility and collaboration.
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