What are the responsibilities and job description for the Financial Services Specialist position at Crédit Agricole CIB?
Job Description:
We are seeking a highly skilled and organized individual to join our team as a Loan Administrator. As a Loan Administrator, you will be responsible for performing administrative tasks to support the operational requirements of commercial loan and letter of credit activities.
Key Responsibilities:
- Client Support: Act as point of contact for client or agent bank accounts within their assigned portfolio.
- Credit Authorizations: Maintains and establishes credit authorizations, fee accrual schedules and loan templates consistent with ALTAR closing request and credit agreements.
- Payment Instructions: Maintains client standard payment instructions in ACBS for authorizations in their respective portfolio.
- Transaction Management: Enter upfront/amendment fee information in CLIX, consistent with ALTAR closing request and agent notifications.
- Rollover Operations: Review maturity report to identify transactions maturing within five business days, and initiate appropriate rollover paydown operation.
- Liaison: Liaise with CA-CIB dollar (Blofi) and currency desks, as required, for funding of commercial loans.
- ACBS Management: Ensure loan related transactions are properly entered in ACBS.
- Risk Participations: Enter transactions to account for risk participations for Standby Letters of Credit in ACBS.
- Operations File: Maintain up to date operations file with supporting documentation.
- Clearing Operations: Clear open items and daily exceptions in conjunction with CBO supervisors.
- Follow-up: Follow-up late payments, missing interest and/or fees with clients or agent banks, as required.
- Notices and Confirmations: Ensure client and participant notices/confirmations (loans, interest and/or fees) are completed and forwarded in a timely manner to clients within their portfolio as needed.
- Funding Memos: Liaise with the Commercial Groups in preparing Funding Memos for assignments and ensure this information is correctly entered into ACBS.
Qualifications and Education:
- Bachelor's Degree: Bachelors degree
Skills and Experience:
- ACBS: Experience with ACBS
- Syndications and Agency Loans: 3 years of syndications and agency loan experience
- Supply Chain Processing: Some experience with Supply Chain Processing preferred
- Excel and Word: Excel and Word skills
