Loan Servicing - Participation - 1-4 Years - PAN India

Crescendo Global Leadership Hiring India; Mumbai, Pune District, Gurugram District; On-site; INR 260,000 - 420,000; Full time

Job summary

Crescendo Global Leadership Hiring India is recruiting for a Participation Loan Servicing role for a US-based banking client. The position targets candidates with interest in Banking Operations, loan servicing, syndicated loans, cash reconciliation, and transaction processing.

Locations include Gurgaon, Pune, Mumbai, and Chennai, offering exposure to loan servicing operations, documentation management, and strong controls within a four-eyes environment.

Qualifications

• Degree in Finance, Commerce, Economics, Accounting, or related field.
• 0–1 year of experience in Banking Operations or Loan Servicing.
• Basic knowledge of loans, interest calculations, and day-count conventions.
• Ability to review financial documents and maintain records.
• Understanding of banking operations, reconciliations, and transaction processing is a plus.

Responsibilities

• Process routine loan servicing transactions in Loan IQ, including interest, fees, and principal payments from agent banks.
• Review and validate rate resets, notices, and fee notices against documentation.
• Perform daily cash reconciliations between Loan IQ and cash statements.
• Maintain past-due reports, event trackers, and servicing records.
• Upload supporting documentation and ensure complete audit trails.
• Follow SOPs, control frameworks, and service-level requirements.
• Execute maker responsibilities within four-eyes control for accuracy.

Skills

Banking operations

Loan servicing

Cash reconciliation

Interest calculation

Documentation review

Loan IQ

Education

Finance / Commerce / Economics / Accounting degree

Tools

Loan IQ

Job description

Participation Loan Servicing - 15 Year PAN India

We are hiring for a Participation Loan Servicing role for a US-based banking client. This role is ideal for candidates with an interest in Banking Operations, Loan Servicing, Syndicated Loans, Participation Loans, Cash Reconciliation, Interest Calculation, Transaction Processing, and Financial Documentation who can ensure accurate processing and servicing of loan transactions.

Location

Gurgaon, Pune, Mumbai, Chennai

Your Future Employer

A leading global analytics and research organization providing high-quality financial services, risk management, and data-driven solutions to clients across the banking and financial services industry, with opportunities to gain exposure to loan servicing operations and commercial lending products.

Responsibilities

1. Process routine loan servicing transactions in Loan IQ, including interest, fee, and principal payments received from agent banks.
2. Review, input, and validate rate resets, interest notices, and fee notices against agent-issued documentation.
3. Perform daily cash reconciliations between Loan IQ and cash statements, investigating and escalating discrepancies as required.
4. Maintain and update past-due reports, event trackers, exception logs, and servicing records.
5. Upload and maintain supporting documentation, ensuring accurate records and a complete audit trail for all transactions.
6. Follow established Standard Operating Procedures (SOPs), control frameworks, and service-level requirements.
7. Execute maker responsibilities within the four-eyes control environment, ensuring transaction accuracy and completeness.

Requirements

1. Degree in Finance, Commerce, Economics, Accounting, or a related field.
2. 0–1 year of experience in Banking Operations, Loan Servicing, Financial Services, Accounting, or a related operational environment preferred.
3. Basic understanding of loans, interest calculations, and day-count conventions.
4. Ability to review financial documentation, identify discrepancies, and maintain accurate records.
5. Understanding of banking operations, reconciliations, and transaction processing will be an added advantage.

What's in it for You

1. Opportunity to work with a US-based banking client.
2. Exposure to syndicated and participation loan servicing and commercial lending operations.
3. Hands-on experience in cash reconciliation, financial documentation, and operational controls.
4. A strong foundation for building a career in banking and financial services operations.

Disclaimer

Crescendo Global specializes in Senior to C-level niche recruitment. We are passionate about empowering job seekers and employers with an engaging and memorable job search and leadership hiring experience. Crescendo Global does not discriminate based on race, religion, colour, origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Note

We receive many applications daily, so it may not be possible to respond to every applicant. If you do not hear from us within one week, please assume your profile has not been shortlisted. Your patience is highly appreciated.