LoanOps- Analyst

LoanOps- Analyst

____________________________________________________________________________________

Location:                         Jersey City, NJ-Hybrid

Hire Type:                       Full-time                                

Vertical:                          Financial Markets

____________________________________________________________________________________

Role Summary

eClerx is seeking an experienced Loan Ops Analyst to join our team. We are looking for someone to analyze loan administration activities.  The ideal candidate will interact with and support internal and external customers to ensure high satisfaction level with bank/customer relationship.

Key Responsibilities

• Book/Validate Deals, Facilities and Outstanding in LoanIQ
• Review credit agreement to reconcile terms and conditions to deal structure.
• Handle Loan Servicing activities.
• Book/Validate loan participations (new borrowings, increases, roll overs, pay-downs, commitment reductions)
• Responsible for the daily transfer of loan proceeds; receipt of funds and matching incoming cash
• Prepare/Validate Interest and Fee billing for the direct/Agented Loans, billing the customers and send pro-rata shares to the participants.
• Prepare/Validate notice for breakage fee activity for faxing it to the agent bank; follow-up with traders on rate to be assigned and process accordingly.
• Prepare/Validate notices of activities to fax to all participants/customers for loan confirmation.
•  Handle Swift Payments.
• Review the reconciliation of Loan positions, discrepancies in Interest and fee payments etc.
• Prepare/post manual General Ledger (G/L) entries as required.
• Review various system generated reports to ensure proper monitoring of the facilities; investigating past due items, suspense, receivables, expiring Stand by Letter of Credits (SBLCs), etc.
• Expertise using LoanIQ

Eligibility Requirements

• Bachelor’s degree in related field
• 3 years of experience
• Prior financial experience
• Excellent interpersonal, analytical, and mathematical skills
• Attention to detail

Please note that if hired, eClerx LLC may require you to provide your Covid-19 vaccination status as needed for any mandatory reporting purposes or to adhere to any for clients’ requirements for team members assigned to work at or visit client locations. Employees that are not vaccinated will be given the opportunity to request a medical or religious exemption with Human Resources. Exemptions will be reviewed based on each individual situation. Approval of exemptions are not guaranteed.

About eClerx

eClerx provides business process management, analytics, and automation services to a number of Fortune 2000 enterprises, including some of the world's leading companies across financial services, cable & telecom, retail, fashion, media & entertainment, manufacturing, travel & leisure, software and high-tech. Incorporated in 2000, eClerx is one of India's leading process management and data analytics companies and is today traded on both the Bombay and National Stock Exchanges of India. eClerx employs 14,000 people across its global sites in the US, UK, Italy, Germany, and Singapore, along with its delivery centers in India and Thailand. For more information, visit https://jobbio.com/eclerx.

eClerx is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law. We are also committed to protecting and safeguarding your personal data. Please find our policy here.