What are the responsibilities and job description for the Loan Operations Coordinator position at Crédit Agricole CIB?
About the Role:
In this role, you will have the opportunity to work with a variety of stakeholders, including clients, agent banks, and internal teams. You will be responsible for ensuring the smooth operation of commercial loan and letter of credit activities, which includes managing client relationships, maintaining accurate records, and facilitating transactions.
Key Responsibilities:
- Client Communication: Act as point of contact for client or agent bank accounts within their assigned portfolio.
- Credit Management: Maintains and establishes credit authorizations, fee accrual schedules and loan templates consistent with ALTAR closing request and credit agreements.
- Payment Processing: Maintains client standard payment instructions in ACBS for authorizations in their respective portfolio.
- Transaction Review: Review maturity report to identify transactions maturing within five business days, and initiate appropriate rollover paydown operation.
- Liaison with Internal Teams: Liaise with CA-CIB dollar (Blofi) and currency desks, as required, for funding of commercial loans.
- Record Keeping: Maintain up to date operations file with supporting documentation.
- Clearing and Settlement: Clear open items and daily exceptions in conjunction with CBO supervisors.
- Follow-up on Late Payments: Follow-up late payments, missing interest and/or fees with clients or agent banks, as required.
- Notice and Confirmation: 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 Memo Preparation: Liaise with the Commercial Groups in preparing Funding Memos for assignments and ensure this information is correctly entered into ACBS.
Requirements:
- Bachelor's Degree: Bachelors degree
- Experience with 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 Skills: Excel and Word skills
