ACG Resources
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Job Ref: 15132
Salary: $0 – $
Syndicated Loan Processing Associate bilingual Chinese Consultant Temp
located on-site in Manhattan
The Syndication Loan Process Associate is to ensure the timely and accurate operation and administration process of syndicated loan and letter of credit transactions, review and process loan transaction requests and conditions effectiveness against current credit terms.
– Process loan booking, Loan amendment, and closing fees in the core banking system or CMS
– Prepare SWIFT messages on foreign currency transactions
– Work closely with the Treasury to prepare funding
– Process the collection of associated closing fees
– Reconcile monthly fee amortization, on-going cyclic commitment and facility fees
– Reconcile participation standby letters of credit balances and cyclic fees
– Understand and comply with the Bank’s procedures, policies, standards, and regulatory requirements
– Escalate any suspicious items and report to BSA Officer of the Front Business Line
– Respond timely to Internal/External auditors’ requests
Requirements:
– Bachelor’s degree is required
– 0-2 years of experience in financing and banking is preferred
– Knowledge in secondary trades, reconciliation of payments, and basic accounting principles is required
– Excellent Microsoft Excel and Word skills are required
– Bilingual ability in Chinese is preferred
This role requires unrestricted U.S. work authorization. Employer sponsorship is not available.
ACG Resources and our client partners are equal opportunity employers. All qualified applicants will receive consideration without regard to protected characteristics.
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