Loan Origination Associate
On-site · Newark, Delaware, United States
Job Summary
Loan Servicing Associate supports large corporate loan transactions in Debt Capital Markets, providing loan servicing/administrative support (reconciliation, billing, payments) with direct communication to borrowers, lenders and business partners; responsible for initiating loan activity, calculating interest and fee accruals, reconciling funding and payments, interpreting credit agreements, monitoring past-due amounts, and performing quality control on new deals and amendments; requires experience with syndicated loans, LoanIQ, and strong analytical and communication skills.
Required Qualifications
- Undergraduate degree strongly preferred but related job and industry experience can be accepted (3+ years)
- Solid working knowledge of Microsoft Office applications (Excel, Word, PowerPoint)
- Experience reading and interpreting syndicated loan documentation or related experience supporting syndicated loans and using LoanIQ
- Ability to manage concurrent assignments in an effective, efficient and organized manner
- Ability to work independently within a team environment
- Excellent oral and written communications skills and strong interpersonal/client servicing skills
- Strong interpersonal/client servicing skills
- Strong analytical, problem solving and judgment skills
- Flexible working schedule with some overtime required
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