Financial Services Operations Specialist
2 days ago
We are seeking a highly skilled Financial Services Operations Specialist to join our team in New York. As a key member of our Global Banking Technology & Operations (GBTO) department, you will play a critical role in delivering day-to-day services to our clients and business units.
Our ideal candidate will have a strong understanding of loan products and cash payment principles in USD and foreign currencies, as well as experience servicing syndicated deals as an agent using Loan IQ. Advanced Excel skills and knowledge of financial products, especially loans, guarantees, and standby letters of credit, are also essential.
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 compensation package, including a salary range of $90,000 - $120,000 per year, based on experience, as well as benefits such as minimum of 20 vacation days + 4 personal days, health spending account ($2,000/year), and personal spending account ($1,000/year). Our hybrid work environment offers flexibility to work remotely or on-site, promoting interaction and collaboration with colleagues while adhering to all SG standard protocols.
Company OverviewSociete Generale is a leading European corporate and investment bank, offering excellence of service to its clients, strong profitability to the Group and its shareholders, and a collaborative work environment that values diversity and inclusion. Our employees enjoy a supportive maternity, paternity, parental, and adoption leave policy, as well as employee resource groups to engage with their colleagues and communities.
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