Vacancy expired!
Senior. Specialist, Commercial & Wholesale Operations
New York, United States of AmericaWHAT YOU WILL BE DOINGThe primary function of the Senior Specialist, Commercial & Wholesale Operations is loan/letter of credit booking, funding, payments, and maintenance for the defined lines of business, or executing related controls, utilizing the systems and processes defined by management. The incumbent handles analytical components (i.e. interpreting credit agreements) related to various loan/fee accruals, calculations as well as ongoing/ad-hoc reconciliation and remediation, for commercial loan/letter of credit products, which include new loans, modifications, and extensions.USA Job Function Description:- Responsible for the day-to-day operations of the company's business units.
- Aims to deliver superior service to clients by driving and optimizing the effectiveness and efficiency of people, processes, and technology thereby enhancing financial performance, increasing investment capacity, and managing risk.
- Builds the sustainable repeatable capabilities that support the delivery of the highest standards of service and execution.
- Analyzes and reviews data tools, business processes, and operational standards to execute service delivery.
- Evaluates and will ensure that operations meet company objectives, business needs, service agreements, and relevant requirements.
- Researches and monitors the external landscape to identify developments and translate them into operational implications for the company.
- Processes transactions involving booking and servicing commercial loans and letters of credit.
- Researches and will respond to incoming commercial loan requests received from business areas supported by the department.
- Researches payment history, loan balances, and associated documentation including loan notes, forbearance agreements, and modifications.
- Performs dollar transactions, collateral setup and maintenance, GL balancing, and quality review.
- Creates and analyzes error reports, researching the payments log, and incoming wire transfer payments
- Ensures proper documentation is filed appropriately and is available for internal and external audits.
- Identifies and resolves problems within established guidelines.
- Requires excellent communication, good organizational skills, and attention to details
- Solid knowledge/skills of Microsoft Office Suite and various bank systems
- Ability to adapt quickly and be a team player
- Working knowledge in Commercial Banking
- Ability to meet deadlines
- Strong knowledge of the Syndicated and Commercial Loan products and markets
- Demonstrated knowledge of other banking products and the ability to apply that information to this role
- Expert knowledge of overall lending policies and procedures, credit analysis, underwriting, structuring, etc.
- Excellent organizational, management, communication, and customer service skills
- Solid judgment within broadly defined policies and practices
- Frequent Minimal physical effort such as sitting, standing, and walking.
- Occasionally moving and lifting equipment and furniture are required to support onsite and offsite meeting setup and teardown.
- Physically capable of lifting up to fifty pounds, able to bend, kneel, and climb ladders.
- This job description does not list all of the job duties of the job.
- You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based on your performance of the tasks listed in this job description.
- The employer has the right to revise this job description at any time.
- This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.
Vacancy expired!