Loan Servicing Analyst Jobs

Must-haves

- 2+ years experience within Loan Operations

- Previous Experience with a Loan Operations System (i.e. Loan IQ, ACBS, IBS Loans, FIS Platform)

- Strong knowledge of loan payments (including interest rates, principal interest, borrowers vs, lenders)

- Strong Excel skills (VLOOKUPS, Pivot Tables)

- Bachelor's Degree

Plusses

- IBS, FIS, or ACBS experience

- Peoplesoft Experience

- Recent PPP experience

Day-to-Day

A international banking client is seeking a Loan Operations Analyst to join their team. This person will fall within the Loan Operations organization, which consists of Loan Documentation, Loan Origination, and Loan Servicing. They will make sure to follow internal procedures and processes to ensure that there is appropriate quality control measures in place and that all transactions are tracked and documents as well. This team is responsible for post close execution. They will apply fees to newly closed loans, collect scheduled and principal interest, update internal data loans including risk rating, etc. This team will handle all requests post loan close including collecting interest from borrowers, paying out lenders. This individual will provide Quality Control on all payments that are being executed and sent out from the Loan Servicing team. The ideal candidate will have extreme attention to detail and have experience partnering with teams internally to provide quality control measures.

The responsibilities will include:

- Quality Control: This candidate will be responsible for Quality Control and Reporting within the Loan Servicing team. They will work through a progress cue to provide double verification on loan transactions.

- PPP Loans: The majority of requests will be related to the recent PPP Loans. They will be providing QC on the various payments as well as client documents. They will work with clients on the front end to ensure they are in correct order, making sure they sign promissory note, and to verify their calculations are correct.

- Loan Servicing: This candidate will be servicing loans by booking loans in a system, following the payment schedule.

- Balance Sheet Management: This candidate will make sure the loan data and payments post correctly to the General Ledger by utilizing various reporting tools and analytics.

- Loan Testing: They will be testing the controls for loans to ensure sox compliance. In addition, they will audit loan documents in the! system to ensure the documents meet compliance.