Loan Syndication Operations Specialist Associate

Intesa Sanpaolo Group; New York (NY); On-site; USD 80,000 - 110,000; Full time

Job summary

Intesa Sanpaolo Group is seeking a professional for Syndicated loan setup and maintenance in New York. Responsibilities include managing loan transactions, ensuring timely fund disbursements, and reconciling accounts. The ideal candidate will have 3-5 years of experience in loan processing and a Bachelor's degree.

The salary for this position ranges from $80,000 to $110,000. Intesa Sanpaolo Group guarantees an inclusive work environment.

Qualifications

• 3-5 years of experience in Syndicated loan set up, maintenance, and processing.
• Complete knowledge of loan processing practices and applications.
• Understanding of loan products including receivables and fee structures.

Responsibilities

• Track and control the receipt and payment of principal and interest.
• Investigate and report transaction discrepancies.
• Reconciliation of receivable settlements including buffer accounts.

Skills

Syndicated loan set up

Loan processing

Microsoft Excel

KYC policies

Reconciliation of accounts

Education

Bachelor's degree in finance, accounting, or economics

Tools

LoanIQ

Job description

The person will be responsible for Syndicated loan set up & maintenance as a participant and Bi-Lateral Loans, ensuring the timely disbursement of funds and processing transactions through SIRE and LoanIQ, timely & Accurately processing Loan openings, closings and rollovers in SIRE or LoanIQ.

What you'll be doing

• Track and control the receipt and payment of principal, and interest, fees
• Investigate and report transaction discrepancies
• Clear open items and daily exceptions
• Reconciliation of receivable settlements including buffer accounts where appropriate
• Create & Maintain operational loan files and archiving
• Additional job related duties & responsibilities as assigned

Who we are looking for

• 3-5 years of experience in the area of Syndicated loan set up, maintenance & processing
• Complete knowledge of loan processing, practices, applications and procedures
• Understanding of loan products including receivables, syndicated facilities and fee structures
• Thorough knowledge of BSA/AML/OFAC rules and regulations, KYC policies and procedures
• Proficient in Microsoft Office suite of products (especially Excel) and possibly LoanIQ
• Detail oriented in order to identify discrepancies in notices and payments
• Proficient in the reconciliation of 'Nostro', and Sundry accounts.
• Bachelor's degree in finance, accounting, economics preferred

What we offer

• The salary range for this position is 80k $- 110k $

We guarantee an inclusive and equal environment. We will consider all applicants regardless of race, religion, sexual orientation, gender identity, marital status, national origin, age, disability, or any other protected category in compliance to D.lgs. 198/2006, 215/03 and 216/03.