Loan Officer

Overview

Support the reduction of the existing backlog of manual payments in Loan Operations. Including identifying optimisations and applying remediations to improve the process. Reporting, Margins applied to Loans, treatment of unapplied cash.

Key Responsibilities

• Identify and resolve unapplied cash
• Understand root causes of mismatches and mitigation measures (including margin implications)
• Create and update loan reports
• Read, understand, and draft Loan Agreements
• Understand General Ledger (G/L) impact and perform review and remediation
• Liaise directly with Operations teams globally (US and India), including regular engagement with the Global Head of Operations

This team will supplement the existing BAU Loan Ops function and work in parallel to future IT-led automation initiatives (e.g., payments process enhancements).

Focus Areas

• Review, investigate and provide solutions for existing data quality items, resolving unapplied cash; provide mitigation plan(s) where applicable.
• Interact with various stakeholders to collaborate, define, document, and effectively communicate various data quality findings with respect to: Data Quality Improvement, Monitoring, Root Cause Analysis
• Provide Data Profiling (Data analysis to understand content and quality) and Data Cleansing/Validation (Identification and correction process for data errors, inconsistencies, and data inaccuracies).
• Execute validation of corrections once processing complete

Key Skills & Experience Required

• Loan IQ Functional and Accounting experience and domain or loan operations background
• Excellent verbal and written communication skills
• Detail oriented with strong organizational and analytical skills
• Superb prioritization and time management skills
• Strong understanding of Corporate Lending and Loan Servicing
• Ability to write SQL Queries

Seniority level

• Associate

Employment type

• Full-time

Job function

• Other

Industries

• Financial Services and Banking

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