Senior Loan Operations Specialist
2 days ago
At SGS Société Générale de Surveillance SA, we deliver day-to-day services to our clients through Global Banking Technology & Operations (GBTO). This team works together with IT and Operations teams under the same leadership to meet evolving client needs and market requirements. Our goal is to accelerate technological advances and support the transformation of our activities.
Société Générale Corporate Investment Bank is the third-largest corporate and investment bank in the Euro zone, present in 45 countries across Europe. It focuses on three primary areas: Euro capital markets, Derivative products, and Structured Finance. We aim to be a leading European corporate and investment bank, offering excellence of service, strong profitability, and being an employer of choice for our employees.
The Loan Servicing Group oversees loan booking and administration for our New York branch. This department comprises two main groups: Closers responsible for setting up deals in the bank's system (LIQ) and servicers who manage loan administration, including notices, funding, interests, and fees.
Job Responsibilities:
- We are seeking a transversal expert for our Servicing team to support the Structured Finance department, ensuring operational performance and efficiency across our perimeter.
- Key responsibilities include assisting production teams as needed, providing technical support to build expertise within STR Servicing teams, reviewing and verifying daily loan transactions, authorizing transactions, overseeing loan form reviews and approvals, ensuring reconciliation, contributing to process improvement, monitoring processes and data quality, serving as a Subject Matter Expert, and ensuring comprehensive process documentation and team training.
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)
- Knowledge of financial products, especially loans, guarantees, and standby letters of credit
Estimated Salary: $85,000 - $110,000 per year.
This position requires excellent analytical and reconciliation skills, strong communication skills, self-confidence, and ability to work independently. A team player with effective collaboration skills is also essential.
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