Loan Setup & Funding Associate-Asset Based Lending
About the position
Responsibilities
• Review loan documents for accuracy compared to internal credit reporting applications and operational conditions.
• Analyze complex disbursement authorizations and funds flow, identifying inconsistencies and ensuring compliance with policies.
• Evaluate fee accounting and Loan IQ fee types, understanding their impact on the firm's general ledger.
• Propose optimal borrowing base structures for ongoing monitoring based on the firm's system environment.
• Understand depository account structures and cash movements, including funds transfer agreements and corporate resolutions.
• Coordinate closing and funding of transactions, ensuring loans are booked efficiently and deadlines are met.
• Assist in loan operations projects, analyzing existing processes and proposing improvements.
Requirements
• 1 year of Syndicated Commercial loan experience.
• Knowledge of loan documentation, fee accounting, and flood regulation.
• Superior communication and customer service skills, both verbal and written.
• Ability to work collaboratively in a team environment and build interpersonal relationships.
• Demonstrated leadership qualities and willingness to take on additional responsibilities.
Nice-to-haves
• Bachelor's Degree in accounting, finance, or general business.
• Knowledge of asset-based lending concepts and roles in syndications, originations, and underwriting.
• Familiarity with Loan IQ or similar loan systems and Microsoft applications (Excel, Word, PowerPoint).
Benefits
• Hybrid work model with 3 days in-office and 2 days remote flexibility.
Apply Now
Apply Now
Responsibilities
• Review loan documents for accuracy compared to internal credit reporting applications and operational conditions.
• Analyze complex disbursement authorizations and funds flow, identifying inconsistencies and ensuring compliance with policies.
• Evaluate fee accounting and Loan IQ fee types, understanding their impact on the firm's general ledger.
• Propose optimal borrowing base structures for ongoing monitoring based on the firm's system environment.
• Understand depository account structures and cash movements, including funds transfer agreements and corporate resolutions.
• Coordinate closing and funding of transactions, ensuring loans are booked efficiently and deadlines are met.
• Assist in loan operations projects, analyzing existing processes and proposing improvements.
Requirements
• 1 year of Syndicated Commercial loan experience.
• Knowledge of loan documentation, fee accounting, and flood regulation.
• Superior communication and customer service skills, both verbal and written.
• Ability to work collaboratively in a team environment and build interpersonal relationships.
• Demonstrated leadership qualities and willingness to take on additional responsibilities.
Nice-to-haves
• Bachelor's Degree in accounting, finance, or general business.
• Knowledge of asset-based lending concepts and roles in syndications, originations, and underwriting.
• Familiarity with Loan IQ or similar loan systems and Microsoft applications (Excel, Word, PowerPoint).
Benefits
• Hybrid work model with 3 days in-office and 2 days remote flexibility.
Apply Now
Apply Now