Commercial Credit Analyst

Dexian; Chicago (IL); On-site; USD 34,440 - 41,328; Full time

Job summary

A leading staffing solutions provider in Chicago is seeking an entry-level finance professional. This position involves initiating loan activities, performing financial reconciliations, and assisting with analytical tasks. Ideal candidates are recent college grads with relevant internships and strong Excel skills. Experience in finance or managing projects is a plus. This full-time role offers an opportunity for growth within the organization.

Qualifications

• College graduates with relevant internships in finance are encouraged to apply.
• Experience with equity firms or financial institutions is beneficial.
• Open to communication with clients and internal partners.

Responsibilities

• Initiate and track loan activity as instructed by the client.
• Reconcile daily funding and payment activities.
• Provide accurate information and assist with administrative tasks.

Skills

Analytical skills

Exceptional note taking skills

Managing multiple projects

Communication skills

Education

Recent College Graduate

Tools

Excel

Job description

Dexian provided pay range

This range is provided by Dexian. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$25.00/hr - $30.00/hr

*College Graduates with Internship can apply*

Responsibilities

• Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements
• Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions
• Reconcile daily funding and payment activity to account for all daily cash transactions
• Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable
• Initiate and reconcile automated funds movement in accordance with client/lender instructions
• Monitor and escallate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices
• Maintenance of margin changes and proper communication to bank group
• Provide information as requested by Clients, Business Partners, Middle Office, or Lenders
• Monitor control reports updating applicable comments
• Participate in system testing, as needed, which may occur during non-business hours
• Assist with any administrative tasks associated with the terms of a Credit Agreement
• Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement verifying system set up accuracy
• Back up co-workers, work with various special projects or other tasks as assigned
• Will manage single large client
• Will learn role as Account Manager/Real time training onsite
• Ability to manage multiple task
• Exceptional note taking skills
• Open to speaking up/Asking questions
• Experience managing multiple projects
• Syndicated loan experience is a big plus

Reason for role

• Growth to organization
• More analytical –(This role)
• Contractor will help grow into what this role will look like

Role

• Development of Excel workbook to manage payments

Background

• Recent College Grad with right internships (Working in finance) This is what we should focus on
• Any experience working with small equity firms/financial institution
• Communicating with Client and Internal partner

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Accounting/Auditing, Analyst, and Finance
• Investment Banking, Financial Services, and Banking

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Dexian is a leading provider of staffing, IT, and workforce solutions with over 12,000 employees and 70 locations worldwide. As one of the largest IT staffing companies and the 2nd largest minority-owned staffing company in the U.S., Dexian was formed in 2023 through the merger of DISYS and Signature Consultants. Combining the best elements of its core companies, Dexian's platform connects talent, technology, and organizations to produce game-changing results that help everyone achieve their ambitions and goals. Dexian's brands include Dexian DISYS, Dexian Signature Consultants, Dexian Government Solutions, Dexian Talent Development and Dexian IT Solutions. Visit https://dexian.com/ to learn more. Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.