Operations Team Lead
2 weeks ago
We are seeking a highly skilled Operations Team Lead to join our Loan Servicing team in New York. This role will focus on supporting the Structured Finance department, ensuring operational performance and efficiency across the perimeter.
About the JobAs a key member of our team, you will be responsible for reviewing, verifying, and authorizing daily loan transactions, including Money Market, Commercial Paper, Non-performing, and Direct/Agented facilities. You will also 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.
You will work closely with our production teams to ensure that all tasks are completed efficiently and accurately. Your analytical skills and attention to detail will be essential in identifying and resolving any discrepancies or issues that may arise.
Responsibilities- Assist production teams as needed and provide technical support to build expertise within the STR Servicing teams
- Review and verify 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
- 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 KPIs
To be successful in this role, you will need:
- 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 of $80,000 - $110,000 per year, depending on experience, plus benefits, including:
- 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
We live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes.
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