Senior Loan Servicer

1 week ago


Montreal, Canada Société Générale Assurances Full time

Senior Loan Servicer

Banking operations processing Permanent contract Montreal, Quebec, Canada Reference 24000R8W Start date 2025/01/20 Publication date 2024/11/18

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 the administration of the loans for Société Générale New York branch. The department comprises with 2 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: 

Minimum 5 years prior experience in Commercial Lending using the LoanIQ application.  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: French, English

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.

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”).

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)

  • Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time

    About the OpportunityWe are seeking a highly skilled Senior Loan Servicing Expert to join our team in New York. This is an exciting opportunity to work with a leading financial institution and contribute to the success of our clients.Job SummaryThe Senior Loan Servicing Expert will be responsible for overseeing the loan servicing process, ensuring...


  • Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time

    About the RoleWe are seeking a skilled Senior Loan Servicing Specialist to join our Structured Finance team in New York. As a key member of our operations team, you will be responsible for ensuring the efficient and accurate processing of loan transactions.Job DescriptionThe successful candidate will have a strong understanding of loan products and cash...


  • Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time

    Societe Generale de Surveillance SA is a leading provider of integrated security and cash management solutions. Our team is committed to delivering exceptional services to our clients across the globe.Job Description:As a Senior Loan Operations Specialist, you will play a critical role in supporting the Structured Finance department at SGS Société...


  • Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time

    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 a supportive work environment for its employees.About the RoleAs a Senior Loan Operations Specialist, you will be responsible for ensuring operational...


  • Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time

    Job SummaryWe are seeking a highly skilled Senior Loan Operations Specialist to join our team in the United States. As a key member of our Global Banking Technology & Operations department, you will play a crucial role in supporting the Structured Finance department and ensuring operational performance and efficiency across our perimeter.About UsSociete...

  • Loan Servicing Expert

    3 weeks ago


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

    About the Role:SG Société Générale de Surveillance SA is seeking a skilled Loan Servicing Expert to join its team. This individual will be responsible for supporting the Structured Finance department, ensuring operational performance and efficiency across the loan servicing team.Key Responsibilities:Assist production teams as needed and provide technical...


  • Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time

    About the Role:The Loan Servicing Coordinator will be responsible for supporting the Structured Finance department in ensuring operational performance and efficiency across the perimeter. This role will focus on reviewing, verifying, and authorizing daily loan transactions, including Money Market, Commercial Paper, Non-performing, and Direct/Agented...


  • Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time

    About the Role:Société Générale Corporate Investment Bank is seeking a highly skilled Loan Servicing Coordinator to join its team in New York. As a key member of the Loan Servicing Group, you will be responsible for overseeing the booking and administration of loans for the Société Générale New York branch.Key Responsibilities:Assist production teams...


  • Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time

    About the Role:Société Générale Corporate Investment Bank is seeking a skilled Loan Servicing Coordinator to join its team in New York. As a key member of the Loan Servicing Group, you will be responsible for overseeing the booking and administration of loans for the Société Générale New York branch.Key Responsibilities:Assist production teams as...


  • Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time

    Job Description:At Societe Generale, we are seeking a skilled Loan Servicing Specialist to join our team. As a key member of our Structured Finance Operations department, you will play a crucial role in ensuring the smooth operation of our loan servicing processes.Key Responsibilities:Assist production teams as needed and provide technical support to build...


  • Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time

    About the RoleWe are seeking a highly skilled Loan Servicing Specialist to join our team at SGS Société Générale de Surveillance SA. As a key member of our Structured Finance department, you will play a critical role in ensuring the operational performance and efficiency of our loan servicing processes.Key ResponsibilitiesAssist production teams as...

  • Loan Servicing Expert

    1 month ago


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

    About the JobGlobal 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 closely together under the same leadership to meet the evolving needs of our clients and market requirements, as well as anticipate technological advances...


  • Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time

    About the RoleWe are seeking a highly skilled Loan Servicing Specialist to join our team at SGS Société Générale de Surveillance SA. As a key member of our Structured Finance department, you will play a critical role in ensuring the operational performance and efficiency of our loan servicing processes.Key ResponsibilitiesAssist production teams as...


  • Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time

    About the Role:As a key member of the Global Banking Technology & Operations (GBTO) team at SGS Société Générale de Surveillance SA, you will play a crucial role in supporting the Structured Finance department. Your primary responsibility will be to ensure operational performance and efficiency across the loan servicing perimeter.Key...

  • Loan Servicing Expert

    1 month ago


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

    About the Role:Societe Generale Corporate Investment Bank is seeking a highly skilled Loan Servicing Expert to join its team in New York. As a key member of the Structured Finance department, you will be responsible for ensuring operational performance and efficiency across the perimeter.Key Responsibilities:Assist production teams as needed and provide...

  • Loan Servicing Expert

    1 month ago


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

    About the JobGlobal 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 side by side under the same leadership, striving to meet the evolving needs of our clients and market requirements, as well as anticipate technological...

  • Senior Manager

    2 weeks ago


    Montreal, Quebec, Canada NBC Full time

    Key Responsibilities:As a Senior Manager - Special Loans Expert at NBC, you will evaluate risks and irregularities, creating turnaround strategies to manage high-risk large commercial accounts. You will improve overall credit quality by offering cost-effective credit solutions and reducing risks to the organization.Main Responsibilities Include:Minimizing...


  • Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time

    About the Role:As a key member of the Loan Servicing Group at SGS Société Générale de Surveillance SA, you will play a crucial role in supporting the Structured Finance department. Your primary responsibility will be to ensure operational performance and efficiency across the perimeter.Key Responsibilities:Assist production teams as needed and provide...

  • Loan Servicing Expert

    1 month ago


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

    About the RoleWe are seeking a highly skilled Loan Servicing Expert to join our team at SGS Société Générale de Surveillance SA. As a key member of our Structured Finance department, you will play a critical role in ensuring operational performance and efficiency across our perimeter.Key ResponsibilitiesAssist production teams as needed and provide...


  • Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time

    About the RoleWe are seeking a highly skilled Loan Servicing Coordinator to join our team in the Structured Finance department. As a key member of our operations team, you will play a critical role in ensuring the efficient and effective management of our loan servicing operations.Key ResponsibilitiesAssist production teams as needed and provide technical...