Loans Operations Specialist
3 days ago
The Societe Generale Corporate Investment Bank is a leading European corporate and investment bank, offering excellence of service to its clients, strong profitability to the Group and its shareholders, and being an employer of choice for its employees.
The Loan Servicing Group oversees the booking and administration of loans for the Societe Generale New York branch. This department comprises two main groups: the Closers responsible for setting up deals in the bank's system (LIQ) and the servicers who manage loan administration, including notices, funding, interests, and fees.
This role is part of the Structured Finance department and will focus on supporting the STR Servicing team, ensuring operational performance and efficiency across the perimeter.
- 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 align STR processes globally, focusing 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.
As a Loans Operations Specialist, you will play a critical role in supporting the STR Servicing team, ensuring operational performance and efficiency across the perimeter.
This role requires a strong understanding of loan products and cash payment principles in USD and foreign currencies. Proficiency in Loan IQ (LIQ Loan System) and experience servicing syndicated deals as an agent are essential. Additionally, advanced Excel skills and a minimum of 5 years of experience in commercial lending using Loan IQ, with exposure to diverse portfolios (agency/syndicated loans), are required.
Required Skills:
- Loan IQ (LIQ Loan System)
- Commercial lending experience
- Advanced Excel skills
- Strong analytical and reconciliation skills
- 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
Languages: English, French
Estimated Salary Range: $80,000 - $110,000 per annum, depending on experience.
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