Senior Analyst - Loan Closings & Deal Set-Up

Ally; Bethesda (MD); On-site; USD 85,000 - 150,000; Full time

Benefits offered by this job

Time Off

401K Matching

Health Insurance

Life Insurance

Disability Coverage

Employee Discounts

Job summary

Ally Financial is recruiting for an Operations Senior Analyst – Loan Closer in Bethesda, MD. The role handles set-up activities, initial funding, and loan modifications within Loan IQ, with a strong focus on KYC/AML compliance and accurate deal closures.

Ideal candidates have 3+ years in loan closing operations, BA/BS in Accounting or Finance, and proven MS Word/Excel skills. Hybrid or on-site work arrangements will be discussed in the hiring process.

Qualifications

• 3+ years of operational commercial Loan Closing work experience performing set-up related activities for agented/non agented relationships.
• Some experience performing deal servicing responsibilities.
• BA or BS preferred, in Accounting or Finance
• Excellent communication (verbal and written), interpersonal and organizational skills.
• Analytical, detail oriented with problem solving capability.
• High level of accountability and the ability to effectively prioritize tasks.
• Very motivated, self-starter.
• Must have experience with MS Word and MS Excel
• Experience with the Loan IQ system or comparable Loan syndication software preferred

Responsibilities

• Perform the detailed review of the Legal Agreement and Underwriting Approval documents to obtain pricing /handling requirements, loan structures and pertinent information to perform Deal Set-up activities ensuring the accurate recognition borrower balances, client income and servicing requirements.
• Well versed on the time sensitive nature of Initial Funding activities and Equity Co-Invest payments made with the Loan Closing process.
• Process all loan modifications including complex restructures
• Process all loan assignments as part of loan syndication or movement within co-lender funds
• Complete new deal set-up activities including review, finalize and validate set-up requirements prior to a scheduled funding to ensure closing day activities are handled smoothly according to identified processing deadlines.
• Perform Operational set-up activities according to identified new deal timeframes, the business need and divisional operating procedure.
• Perform all KYC, AML and Flood Insurance work required to close deals in accordance with Ally CF policies and procedure.
• Complete handling requirements “review and sign-off” sessions with the assigned Operations Servicing team members to ensure go-forward accurate handling of new accounts, pricing/handling changes and account restructuring activities.

Skills

Communication skills

Analytical thinking

Organizational skills

MS Word

MS Excel

Education

Bachelor's degree in Accounting or Finance

Tools

Loan IQ

Job description

Ally Financial is recruiting for an Operations Senior Analyst – Loan Closer in Bethesda, MD. The role handles set-up activities, initial funding, and loan modifications within Loan IQ, with a strong focus on KYC/AML compliance and accurate deal closures.

Ideal candidates have 3+ years in loan closing operations, BA/BS in Accounting or Finance, and proven MS Word/Excel skills. Hybrid or on-site work arrangements will be discussed in the hiring process.