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Job Ref: 14770

Salary: $120000 – $140000

Loan Operations Senior Associate (Hybrid)
located onsite in Manhattan
Base salary-$120K- $140K depending on skills and experience
Duties and Responsibilities:

  • Assists Vice President and Assistant Vice Presidents of Loan Operations with coordinating and approving the daily activities in Loan Operations Department. Helps monitor and anticipate the work volume, set priorities and distribute work among subordinates. Ensure that all work is processed and documented in compliance with the binding agreement(s) and Branch’s policies and procedures.
  • Ensures data integrity of all systems and files in support of the operations conducted and that appropriate audit trail is established.
  • Trains the subordinates and assess their work for accuracy and timeliness and makes recommendations to Department Manager on staffing-related issues.
  • Helps coordinate workflow and information flow between Loan Operations and other departments in the Bank.
  • Identifies and reports operational irregularities to Department Manager without delay and takes initiative in resolving exceptions.
  • Knowledge:
  • Bachelor’s degree in business, economics or accounting or its equivalent with 5+ years of related experience
  • 5+ years of experience in loan operations in a bank. Bilateral / syndicated / agency loans experience is required. Loan IQ experience (version 6 or later) is highly preferred.
  • 2+ years of supervisory experience.
  • Solid knowledge of accounting theory/bookkeeping and credit instruments.
  • Good mathematical aptitude.
  • Proficient in Microsoft Outlook Email and Calendar, Word, Excel, Access, Teams, and SharePoint.
  • Good oral and written communication skills.
  • Good organizational skills.
  • Good time management, including punctuality and attendance.
  • Ability to multitask. Flexibility and teamwork.

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