Loan Operations Analyst

Our client, an extremely prestigious Financial Service company is expanding their Loan Servicing team due to their growing portfolio.

Profile

Loans Servicing / Loan Accountant out of Middle Market or Lending Private credit (Loan Servicing is most important they are open to training the accounting portion)

Required

• BS, Business Related Degree
• Min of 2 years of Loan operations e xperience with at least one of these types of loans :
• M iddle Market
• Lending, Private credit
• C&I loans (Commercial and industrial loan)
• Syndicated loans (loans that are traded) and or Assignment or participation

Advanced Excel

• Explicit exposure to commercial, private credit, or secured lending
• Experience with loan boarding or loan servicing systems
• Direct involvement in borrower billing, payment application, and collections
• Ownership of loan amortization schedules and interest calculations
• Loan Accounting is a big plus

Job Description

The Loan Operations group is responsible for :

• Maintaining detailed loan accounting records
• Managing loan system
• Preparation of monthly, quarterly and annual loan portfolio reports
• Supporting monthly closing processes and financial statement preparation
• Billing and collecting from customers
• Loan disbursements and collection tracking and balance reconciliation
• Supporting all aspects of loan operations
• Pro-forma analysis and ad hoc requests

Responsible for contributing to all aspects of the loan operation department's functions by onboarding new loans, monitoring loan activity, reviewing legal documents associated with investments, reviewing loan related cash activity, supporting monthly closing processes, and others.

Why choose Addison Finance & Accounting?

• Benefits & Bonuses : You are eligible for medical, dental, vision insurance benefits, 401K, and monetary bonuses
• Permanent Employment : Many of Addison's Finance & Accounting job openings lead to potential permanent employment
• Connections : You connect directly with hiring managers from renowned organizations
• Options : You are presented multiple employment options near your home
• Professional Development : You are provided hiring process advice, resume revision, and employment term negotiation

Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.