JerseyCityRecruiter Since 2001
the smart solution for Jersey City jobs

US Corporate Loan & Operations Analyst

Company: Sumitomo Mitsui Banking Corporation (SMBC)
Location: Jersey City
Posted on: November 23, 2022

Job Description:

US Corporate Loan & Operations Analyst

Job Locations

US-NJ-Jersey City

Posting Date

2 weeks ago(11/2/2022 11:35 AM)

Career Category

Loan Administration



Corporate Title



Fulltime-Regular (Exempt/Non-Exempt)


US Corporate Loan and Operations is a part of the BCDAD group and is responsible for servicing a syndicated loan portfolio in which the bank is a participant. The Analyst services a portfolio of complex loan products. This is a tactical and transactional role that requires a high degree of expertise and frequently exercises operating discretion within established parameters in partnership with more experienced staff. Assists Associates in the review and approval of administrators' work. Support a synidicated portfolio whereby SMBC is a participant lender in teh US Corporate Loan & Operations department in the Middle/Back Office. Support a portfolio of loans, ability to read and interpret loan notices, support software processes, has an understanding of Loan IQ and can communicate via telephone with a variety of people including customers, banks and client executives.


  • Processes new drawdowns, paydowns, Letters of Credit (L/C) activities and interest and fees for syndicated and bilateral deals
  • Provides lending services to customers and maintains accurate data
  • Ensures all past due principal, interest and fees are reported, tracked, collected and/or reconciled
  • Coordinates daily funding requirements with Treasury Desk for managed loan portfolios
  • Supports the Treasury Desk's daily requirement to accurately manage its cash and funded positions
  • Troubleshoots loan related functional problems/issues and resolves problems or escalates as appropriate
  • Trains and cross trains, mentors and guides team on new processes/improvements pertaining to the department's functionality
  • Adheres to all applicable internal and external regulatory policies and procedures


    Experience/Knowledge Requirements:
    • 2 to 5 years of comparable or relevant experience.
    • Experience managing complex loan portfolios in a financial institution is preferred.Preferred:
      • BA / BS (or equivalent experience)
      • Degree in Finance, Accounting, Economics or comparable discipline is a plus
      • MS Word, MS Excel, MS Access, Lotus Notes, Loan IQOperational Abilities:
        • Interpret credit agreements and related documentation
        • Experienced in varieties of loan servicing including all aspects of funding
        • Manage a syndicated and/or bilateral deal portfolio of 90 - 110 facilities
        • Follow instructions very well; detail-oriented
        • Understand all aspects of deal/loan administration functions and tasksSystem Responsibilities:
          • Use of LIQ preferred but not required, or similar loan system
          • Construct and amend bilateral and syndicated deal structures
          • Troubleshoot basic loan related functional problems/issuesRequired Skills/Abilities:
            • Business/Product Knowledge - 40%
              • Loan Servicing & Administration
              • Interpret credit agreements
              • Communication - 20%
                • Strong oral and written skills
                • Builds relationships
                • Problem Solving - 20%
                  • Quality of work
                  • Leadership - 20%
                    • Initiative
                    • Team player

Keywords: Sumitomo Mitsui Banking Corporation (SMBC), Jersey City , US Corporate Loan & Operations Analyst, Professions , Jersey City, New Jersey

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest New Jersey jobs by following @recnetNJ on Twitter!

Jersey City RSS job feeds