Loan Servicing Operations Expert
2 weeks ago
At Societe Generale, we are seeking an experienced Loan Servicing Operations Expert to join our team. This is a key role that will contribute to the efficient delivery of loan servicing services to our clients.
Job Overview:
The Loan Servicing Operations Expert will be responsible for reviewing and verifying daily loan transactions, including Money Market, Commercial Paper, Non-performing, and Direct/Agented facilities. The successful candidate will also oversee the review and approval of loan forms for new borrowings, increases, rollovers, pay-downs, and commitment reductions.
Main Responsibilities:
- Assist production teams as needed and provide technical support to build expertise within the STR Servicing teams
- Review and verify daily loan transactions, ensuring accuracy and completeness
- Oversee the review and approval of loan forms, ensuring compliance with regulatory requirements
- 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)
Requirements:
- 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)
Competencies:
- Strong analytical and reconciliation skills with attention to detail and accuracy
- Excellent written and verbal communication skills
- Self-confidence, ability to work independently, and strong organizational and time management skills
- A team player who collaborates effectively
What We Offer:
- An estimated salary range of $80,000 - $110,000 per annum, depending on experience
- Minimum of 20 vacation days + 4 personal days
- Supportive maternity, paternity, parental, and adoption leave policy
- Health spending ($2,000/year) and personal spending ($1,000/year) accounts with 75+ eligible reimbursement categories
- Fully sponsored virtual healthcare assistance and Employee Assistance Program
- Various Employee Resource Groups (ERG) to engage with
- A culture of continuous development by encouraging employees to participate in various training programs
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