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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





iCIMS ID



2022-13992





Corporate Title



Analyst





Type



Fulltime-Regular (Exempt/Non-Exempt)













































































Overview



















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.



























Responsibilities



















  • 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



























    Qualifications



















    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

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