Loan Servicing Associate

Dexian; Newark (DE); On-site; USD 52,000 - 70,000; Full time

Job summary

Dexian is seeking a dedicated Loan Servicing Associate in Newark, Delaware to support syndicated credit structures and bilateral loans. You will interface with borrowers, lenders, and partners to ensure accurate loan accounting, adherence to credit agreements, and precise system records.

You will initiate funding activities, monitor accruals, and reconcile cash flows while coordinating with legal teams on credit documents.

Qualifications

• Excellent oral and written communication.
• Strong client servicing abilities.
• Proficient with MS Office applications.
• Ability to manage multiple tasks efficiently.
• Able to work independently and in a team.
• Basic to intermediate accounting knowledge.
• Reading syndicated loan documentation experience preferred.

Responsibilities

• Initiate loan activities such as fundings, repricings, and payments based on client instructions and credit agreements.
• Calculate and monitor complex interest and fee accruals across various rate levels and lender distributions.
• Reconcile daily funding and payment transactions, ensuring all cash flows are recorded accurately.
• Read, interpret, and coordinate with legal teams on complex credit agreements and related documentation.
• Manage automated funds movements per client and lender instructions.
• Monitor and elevate past due payments to maintain accurate loan accounting.
• Perform maintenance of margin changes and communicate updates to relevant teams.
• Provide requested information to clients, business partners, middle office, and lenders.
• Update control reports and document comments accordingly.
• Participate in system testing and administrative tasks related to credit agreement terms.
• Conduct quality control reviews of new deals, restructures, and amendments, verifying system setup accuracy.
• Support colleagues and assist with special projects or other assigned tasks.

Skills

Communication

Interpersonal skills

MS Office

Excel

PowerPoint

Word

Task management

Independence

Analytical thinking

Accounting basics

Education

Undergraduate degree

Tools

MS Office Suite

Excel

Word

PowerPoint

Job description

Our client is seeking a dedicated Loan Servicing Associate to provide operational support for syndicated credit structures and bilateral loans. This client-facing role involves direct contact with borrowers, lenders, and business partners, ensuring efficient loan management and compliance with credit agreements. The position requires managing loan activities, performing reconciliations, interpreting legal documentation, and maintaining accurate system records to support the organization's financial operations.

Key Responsibilities

• Initiate loan activities such as fundings, repricings, and payments based on client instructions and credit agreements.
• Calculate and monitor complex interest and fee accruals across various rate levels and lender distributions.
• Reconcile daily funding and payment transactions, ensuring all cash flows are accurately recorded in statements and ledgers.
• Read, interpret, and coordinate with legal teams on complex credit agreements and related documentation.
• Manage automated funds movements in accordance with client and lender instructions.
• Monitor and elevate past due payments, including principal, interest, and fees, to maintain accurate loan accounting.
• Perform maintenance of margin changes and communicate updates to relevant teams.
• Provide requested information to clients, business partners, middle office, and lenders.
• Update control reports and document comments accordingly.
• Participate in system testing and administrative tasks related to credit agreement terms.
• Conduct quality control reviews of new deals, restructures, and amendments, verifying system setup accuracy.
• Support colleagues and assist with special projects or other assigned tasks as needed.

Required Qualifications

• Excellent oral and written communication skills.
• Strong interpersonal and client servicing abilities.
• Proficient knowledge of Microsoft Office applications, including Excel, Word, and PowerPoint.
• Ability to effectively manage multiple concurrent tasks in an organized manner.
• Capable of working independently within a team environment.
• Strong analytical, problem‑solving, and decision‑making skills.
• Basic to intermediate accounting knowledge.

Preferred Qualifications

• Undergraduate degree.
• Experience in reading and interpreting syndicated loan documentation or related legal documentation.

Why This Opportunity May Be Appealing

This role offers a unique chance to develop expertise in structured loan servicing within a reputable organization. You will gain experience working closely with financial professionals and clients in a dynamic environment, supporting critical financial transactions. The position provides opportunities for growth and professional development, along with a collaborative team setting dedicated to operational excellence.

Dexian stands at the forefront of Talent + Technology solutions with a presence spanning more than 70 locations worldwide and a team exceeding 10,000 professionals. As one of the largest technology and professional staffing companies and one of the largest minority‑owned staffing companies in the United States, Dexian combines over 30 years of industry expertise with cutting‑edge technologies to deliver comprehensive global services and support.

Dexian connects the right talent and the right technology with the right organizations to deliver trajectory‑changing results that help everyone achieve their ambitions and goals. To learn more, please visit https://dexian.com/.

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.