Loan Servicer

**Responsibilities**:
**ABOUT THE JOB**:
Global Banking Technology & Operations (GBTO) delivers day-to-day services to Global Banking & Investor Solutions (GBIS) Business Units and their clients. With IT & Operations teams working side by side under the same leadership, the goal of GBTO is to meet the evolving needs of its clients and market requirements, as well as anticipate technological advances to accelerate and support the transformation of GBIS activities. GBTO is at the very heart of this technological and operational challenge.

The Loan Servicing Group oversees the booking and administration of the 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).

**What will be your DAY-TO-DAY?**
- Agency Role
- Borrower and Lending group facing servicing activity.
- Review, verify, and authorize daily loan transactions.
- Perform analysis and reconciliation of fee and interest accruals.
- Handle booking loans including Commercial Paper, Non-performing and Direct/Agented facilities.
- Prepare notices of activities to fax to all participants/customers for loan confirmation.
- Prepare/review loan forms related to booking of new borrowings, increases, rollovers, pay-downs, commitment reductions, etc., prior to obtaining loan officer approval signatures.
- Take responsibility for the daily transfer of loan proceeds.
- Prepare interest and fee billings on all direct/agented loans, bill the customers, and send pro-rata shares to the participants.
- Handle booking of risk participation sold.
- Process interest, commitment fees and investigate discrepancies when necessary.
- Handle preparation/posting of GL entries as required.
- Review various system generated reports to ensure proper monitoring of the facilities.
- Reconciliation of Open Cash, Suspense and Past due processing.

**Profile required**:
**Skills and Qualifications**:
**Must Have**:

- Agency servicing experience.
- Demonstrated exposure in supporting variety of portfolios (both as Agent and Participation).
- Knowledge of Financial Products (Especially Loans, Guarantee and Stand by Letter of Credit etc.).
- Knowledge of loan products, principles of cash payments in USD and foreign currencies.
- Strong working knowledge of Excel.
- Strong analytical and reconciliation skills.
- Attention to detail and accuracy.
- Strong written and verbal communication skills.
- Ability to work independently.
- Strong time management/organizational skills.

**Nice to Have**:

- International banking experience.

**Education**:Bachelor’s degree in finance, Accounting, or related discipline.

***

**Languages**:English, French***
- Ability to communicate in English, both orally and in writing, is a requirement as the person in this position will need to collaborate regularly with colleagues and partners in the United States._

**Why join us**:
**OUR BENEFITS**:
**WHAT WE DO DIFFERENTLY AT SOCIÉTÉ GÉNÉRALE**

Competitive compensation & benefits offering, including but not limited to:

- 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 (health, training, electronics etc.)

Fully sponsored virtual healthcare assistance and Employee Assistance Program to you and your immediate family

Various Employee Resource Groups (ERG) to engage with such as Pride and Allies, American Women Network, Black Leadership Network, One planet, etc.
- A culture of continuous development by encouraging our employees various training programs (online training and coaching platform such as Coursera, GoFluent, Pluralsight, First Finance, and others)

**Business insight**:
**OUR CULTURE**:
**D&I**:
Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.
Our Diversity & Inclusion Vision:

- Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
- Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents
- Engage our community and marketplace, and position the organization to meet the needs of all its clients

**HYBRID WORK ENVIRONMENT**:
Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols. Hybrid work arrangements vary based on business area. The applicable business lines will determine and communicate the work arrangements that best meet their business needs.

Diversity and Inclus