Loan Operations Specialist

ATR International; Chicago (IL); On-site; USD 39,950 - 49,593; Part time

Job summary

A leading financial institution is seeking a Loan Operations Specialist in Chicago, IL. This role involves managing complex financial data, initiating loan activities, and ensuring accurate loan accounting. Successful candidates will demonstrate strong account management skills, with syndicated loan experience being advantageous. Join a collaborative, high-performing team and elevate your career in loan operations.

Qualifications

• Strong account management skills and ability to handle multiple projects.
• Syndicated loan experience is a big plus.
• Ability to read and interpret legal documents.
• Accounting experience is a bonus.

Responsibilities

• Initiate loan activity including fundings, repricings, and payments.
• Track and calculate complex interest and fee accruals.
• Reconcile daily funding and payment transactions.
• Interpret legal credit agreements and collaborate with attorneys as needed.
• Monitor overdue principal, interest, and fees, ensuring accurate loan accounting.
• Communicate margin changes to the bank group.
• Support administrative tasks related to Credit Agreements.

Skills

Account management skills

Ability to handle multiple projects

Syndicated loan experience

Ability to interpret legal documents

Accounting experience

Job description

Overview

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

Base pay range

$29.00/hr - $36.00/hr

Direct message the job poster from ATR International

We’re Hiring: Loan Operations Specialist – Chicago, IL

Are you detail-oriented, enjoy working with complex financial data, and thrive in a fast-paced environment? We’re looking for a Loan Operations Specialist to join a leading financial institution!

What You’ll Do:

• Initiate loan activity including fundings, repricings, and payments
• Track and calculate complex interest and fee accruals
• Reconcile daily funding and payment transactions
• Interpret legal credit agreements and collaborate with attorneys as needed
• Monitor overdue principal, interest, and fees, ensuring accurate loan accounting
• Communicate margin changes to the bank group
• Support administrative tasks related to Credit Agreements

What We’re Looking For:

• Strong account management skills and ability to handle multiple projects
• Syndicated loan experience is a big plus
• Ability to read and interpret legal documents
• Accounting experience is a bonus

Ready to elevate your career in loan operations? Apply today and join a collaborative, high-performing team!

Seniority level

• Mid-Senior level

Employment type

• Contract

Job function

• Finance, Accounting/Auditing, and Administrative

Industries

• Accounting, Loan Brokers, and Financial Services