Loan Servicing Coordinator

4 weeks ago


Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time
About the Job

Global Banking Technology & Operations (GBTO) is a key player in delivering day-to-day services to Global Banking & Investor Solutions (GBIS) Business Units and their clients. Our teams work together under the same leadership to meet the evolving needs of our clients and market requirements, as well as anticipate technological advances to accelerate and support the transformation of GBIS activities.

The Loan Servicing Group is responsible for overseeing the booking and administration of loans for Société Générale New York branch. The department comprises two main groups: the Closers, responsible for setting up the deal in the bank's system (LIQ), and the servicers, who manage the loan administration: notices, funding, interests & fees.

Key Responsibilities
  • Support the Structured Finance department in 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 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.
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.
Competencies
  • Strong analytical and reconciliation skills with attention to detail and accuracy.
  • Excellent written and verbal communication skills.
  • Self-confidence, the ability to work independently, and strong organizational and time management skills.
  • A team player who collaborates effectively.
Languages

French, English

The ability to communicate in English, both orally and in writing, is a requirement as the person in this position will be expected to collaborate regularly with colleagues and partners in the United States.

Due to US Federal Securities law applying to this position, candidates who will apply for this position will be required to submit to an enhanced background screening, including the collection of their fingerprints by a third-party vendor selected by the Financial Industry Regulatory Authority (\"FINRA\").



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