Prestigious International Bank located in Westchester, NY is looking for a Loan Servicing Associate to join their team.
- Train and coach staff; provide daily performance feedback and technical expertise.
- Assist loan specialists ensuring loan servicing is accurate and approved.
- Generate reports to monitor and track department activity; verifies reports for data integrity.
- Manage and lead new business and product initiatives as assigned.
- Participate in Disaster Recovery exercises to ensure smooth recovery of applications in the event of unplanned business disruption.
- Experience relevant to the position
- Experience in MS Word, MS Excel, MS Access, LoanIQ or LoanApp
- Experience managing a team of loan specialists in a banking or financial institution.
- Advanced ability to interpret credit agreements and related documentation.
- Advanced understanding of all aspects of loan or deal administration functions (including all aspects of funding).
- Experience collateral agency, depository agency, subscription deals, project financing, real estate loan products, construction loan, lease financing and other products serviced by the bank
- Interpret credit agreements and related documentation
- Experienced in varieties of loan servicing including all aspects of funding
- Understanding of bilateral and syndicated deal structures