Loan Operations (Loan IQ/ACBS) - Associate/Sr. Associate/Delivery Lead

Loan Operations (Loan IQ/ACBS) - Associate/Sr. Associate/Delivery Lead

Notice period - 0 - 60 days

Work from office

Role & responsibilities

• Perform servicing activities in LIQ Rollovers, Advances, Paydowns, Past Dues, fees and others
• New Loan Onboarding, renewals and rebooking when needed
• Setup and update the repayment schedules in LIQ
• Review Credit agreement and other loan related documents
• Setup Pricing Index & Rules, Guarantor, Facility, type of facility, CRA info, Repayment, maturity etc.
• Assist Agency teams with any primary and secondary closings
• Maintain spreadsheets with Loan Trade information from initiation to Settlement
• Book the trade and process fees in Loan IQ
• Process invoices for Broker and Clearpar
• Reconcile cash payments: open cash items vs expected payments
• Review and correct as necessary Settlement Standard Instructions
• Track Past Due payments, clean up unpaid and prepare reports per requirement
• Ensure compliance with the Banks data governance policies, standards and operational procedures
• Prepare reports for upper management regarding status of project.
• Meet strict deadlines and ability to work under pressure

Preferred candidate profile

• Min 2-8 years experience in Lending Services
• Understanding of Commercial Lending lifecycle with excellent understanding of Loan Agreements and other loan documents
• Excellent knowledge of Loan IQ, ACBS, AFS
• Commerce Graduate / MBA (Finance)
• Good understanding of Project Management principles
• Excellent written and spoken communication skills