Description:
The Temporary Associate’s primary responsibility is to execute all Loan Admin operational activities supporting the corporate lending business.
Responsibilities:
- Operating responsibility for Loan Administration, including drawdowns, rollovers, and repayments, in addition to serving as the Payment Agent for syndicated loan roles.
- Providing customers with excellent and professional customer service.
- Creating and maintaining reports to drive and manage risk within the business.
- Performing daily reconciliation of clearing accounts.
- Understanding and maintaining internal controls and fostering adherence to established systems of internal control across the department and division.
- Ensuring compliance with internal policies (e.g., credit procedures, documentation requirements) and fostering adherence to established standards.
- Complying with external rules and regulations, including reporting any suspicious activity under BSA/AML guidelines.
- Ensuring that the department operates professionally and upholds high ethical standards.
- Collaborating with Client Managers, Credit Middle Office, Compliance, and other colleagues to assure compliance and create and maintain proper documentation adhering to required standards, while maintaining a high level of customer satisfaction.
- Representing the organization with local vendors and stakeholders.