Deputy Administrator – Senior Public Service Administrator
Jobs2web
Client Processing Associate II – Syndicated Loan Administrator
BNY
full-time
Posted on:
Location: 🇺🇸 United States
Visit company websiteJob Level
JuniorMid-Level
About the role
- Manage the day-to-day servicing needs for a portfolio of syndicated loans.
- Accurately review/analyze documentation and information related to trades and syndicated loans.
- Confirm pertinent data for lender validations to ensure timely processing of loan trades.
- Research and resolve loan related matters, manage complex client inquiries, and identify, investigate, and resolve escalated issues.
- Collaborate with internal teams/external clients to communicate needs and issues, as applicable.
- Verify completion and execution of trade documentation (i.e., trade confirmations, transfer certificates, assignment agreements, etc.) prior to release of funds for purchases.
- Conduct callbacks for new lenders and follow appropriate procedures for trades not received via ClearPar to confirm and authenticate trade and money movement instructions.
- Coordinate and process settlements from purchases and sales, documenting relevant trade and asset information.
- Track purchases, sales, interest accruals, loan positions and proceeds to ensure accuracy.
- Complete audit confirmations, manage position verifications, and research discrepancies.
- May allocate/coordinate work within a team or project and employ subject matter and industry expertise within defined areas.
- Solve complex problems based on knowledge and intricacies related to the loan system.
Requirements
- Bachelor’s degree or the equivalent combination of education and experience is required.
- 3-5 years of total work experience is preferred.
- Ability to manage multiple tasks and work effectively across groups within the organization.
- 2-3 years of related experience with Syndicated loans and/or comparable commercial lending experience preferred.
- Experience with loan-based software: Loan IQ and ClearPar strongly preferred.
- Ability to work under limited supervision.
