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Loan Operations Consultant

Manhattan, New York Temporary USD40 - USD50 per hour View Job Description
This role involves handling the end to end loan operations process, including loan documentation review, booking, funding, and servicing payments. The successful candidate will manage collateral requirements, monitor loan compliance with regulatory standards, and provide exceptional support to its clients. Strong Attention to detail, the ability to work under tight deadlines, and experience in commercial loan processing are essential for this role.
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  • Experience at an International Commercial Bank
  • Opportunity for long term employment

About Our Client

This Chinese-based multinational financial institution provides a wide range of banking services, including personal and business banking, wealth management, and investment services. They also offer specialized financial solutions in corporate banking, treasury services, and global market operations, servicing customers across Asia and globally.

Job Description

- Manage the end to end processing of commercial loan, including loan disbursements, payments, and payoffs

- Ensure accurate documentation and compliance with regulatory and internal policy requirements

- Oversee the reconciliation of loan accounts, including interest calculations and payment schedules

- Collaborate with relationship managers, credit teams, and legal departments to resolve any discrepancies or issues

- Monitor loan covenants, collateral, and reporting requirement for ongoing loans

- process amendments, renewals, and restructures of existing loan agreements as required

- Provide reporting and operational support to internal stakeholders and external auditors

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

- 2-4 years of Loan Operations experience at a Wholesale Bank a MUST

- Experience with Commercial Loan Processing a MUST

- Strong understanding of commercial loan products, processes, and regulatory requirements, with prior experience in loan operations

- Proficient in using loan management systems and financial software, with advanced skill in Excel for reporting and analysis

- Strong communication and collaboration skills to work effectively with internal teams, clients, and external auditors

What's on Offer

- Competitive compensation

- Health Benefits (Medical, Dental, Vision)

- Opportunity for long term employment

- Hybrid Schedule

- Experience at an International Commercial Bank

Contact
Charles Pagesy
Quote job ref
JN-102024-6560933

Job summary

Sector
Banking & Financial Services
Sub Sector
Operations / Middle Office - Banking / Securities
Industry
Financial Services
Location
Manhattan
Contract Type
Temporary
Consultant name
Charles Pagesy
Job Reference
JN-102024-6560933