What are the responsibilities and job description for the Financial Services Operations Analyst position at Randstad?
Do you want to work for one of the top financial services companies in the world? Our client, a Fortune 50, global investment bank is currently seeking a Commercial Lending Analyst to join their team. This is an excellent opportunity to gain experience working for a premier, technology driven organization that places a strong emphasis on training and development.
Location: Newark, DE
Duration: Contract with the intent to hire permanently based on performance
Compensation: $26-28/hr
- Commercial loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements
- and tracking of complex interest and fee accruals at various rate levels across changing lender distributions
- daily funding and payment activity to account for all daily cash transactions
- and interpret complex legal credit agreements and related documentation working with attorneys when applicable
- and reconcile automated funds movement in accordance with client/lender instructions
- and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices
- of margin changes and proper communication to bank group
- information as requested by Clients, Business Partners, Middle Office, or Lenders
- control reports updating applicable comments
- with any administrative tasks associated with the terms of a Credit Agreement
- quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement verifying system set up accuracy
- up co-workers, work with various special projects or other tasks as assigned
Salary : $26 - $28
