Loan Operations Specialist — Fast-Paced Finance Role

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

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.