Middle Office Analyst: Credit / Lending

Talan Group; New York (NY); On-site; USD 90,000 - 110,000; Full time

Benefits offered by this job

401(k) retirement plan with company matching

15 days of paid vacation per year

8 paid holidays and 5 sick days

Health, dental, and vision insurance

Job summary

An international consulting firm is seeking a Middle Office Analyst – Insurance Operations based in New York City. The role involves managing the lifecycle of credit insurance on lending transactions, calculating premiums, and ensuring timely payments. Candidates should have over 2 years of experience in commercial lending or asset finance, along with a Bachelor's degree. The position offers a salary range of $90,000 to $110,000 and includes excellent benefits such as a 401(k) plan and paid vacation.

Qualifications

• Minimum 2 years' experience in commercial lending, asset finance, or loan operations within a bank.
• Hands-on experience managing insurance on lending transactions required.
• Good knowledge of financial statements and ability to calculate financial ratios.

Responsibilities

• Manage full lifecycle of credit insurance on lending transactions.
• Calculate insurance premiums and ensure timely payment.
• Book and monitor insurance transactions in Loan IQ.

Skills

Commercial lending experience

Asset finance knowledge

Loan operations management

Excel proficiency

PowerPoint skills

Education

Bachelor’s degree in Finance or Business

Tools

Loan IQ

Cash Plus

FBTI

Job description

Talan is an international consulting and technology expertise group supporting Corporate and Investment Banking (CIB) and Financial Services clients through large‑scale transformation programs driven by data, technology, and innovation.

In North America, Talan works with some of the largest U.S., French, and Japanese banks, delivering high‑value expertise across front‑office, risk, finance, regulatory, and technology domains.

With over 20 years of experience, a presence across five continents and 21 countries, and Great Place to Work® certification, the Group is on track to reach 8,000 employees worldwide, including 600 in North America.

Job Description

We are seeking bilm a Middle Office Analyst – Insurance Operations to support the management of credit insurance across commercial lending and asset finance transactions. This role sits within the Middle Office and works closely with Front Office teams, Operations, and external brokers to ensure accurate booking, payment, and monitoring of insurance on deals.

Role and responsibilities

• Manage the full lifecycle of credit insurance on lending transactions, from pre‑closing review (when applicable) through payment, booking, and ongoing monitoring.
• Calculate insurance premiums based on credit agreements and insurance certificates and ensure timely payment to brokers.
• Book and monitor insurance‑related transactions in Loan IQ, ensuring accuracy and proper reconciliation.
• Review insurance policies and related documentation to confirm insurance requirements and correct system setup.
• Perform pre‑funding checks and validate insurance calculations prior to initial broker deposits.
• Act as the main point of contact for insurance‑related topics with Front Office, Middle Office, Operations teams, and brokers.
• Monitor insurance covenants and reporting requirements, escalating issues or discrepancies when needed.
• Support improvements to insurance booking, controls, and reporting processes.

#LI-MNRK

Qualifications

• +2 years of experience in commercial lending, asset finance, or loan operations within a commercial bank.
• Hands‑on experience managing insurance on lending deals is required.
• Bachelor’s degree in Finance, Business, or a related field.
• Experience using Loan IQ is strongly preferred; knowledge of Cash Plus or FBTI is a plus.
• Good working knowledge of Excel and PowerPoint.
• Comfortable reviewing financial statements and calculating basic financial ratios.

Visa Sponsorship: Talan does not sponsor or transfer U.S. work permits or employment visas for this role.

At Talan, we invest in our employees’ well‑being and empower them with benefits, including:

• 💵 The salary range for this role is US$90,000 - US$110,000
• 💸401(k) retirement plan with company matching
• 🌴15 days of paid vacation per year at hire and up to 27 according to seniority (annual untaken vacation days are cashed out)
• 📴8 paid holidays + 5 sick days + 2 personal days per year
• ❤️🩹Company health, dental, and vision insurance plans + FSA