Loan Administration Consultant

Madison-Davis
  • New York, NY
  • $40–$45 Per Hour
  • Instant Apply
3 days ago

Job Description


Title: Loan Administration Consultant

Office Status: In-Office

Pay Rate: $40-$45

Contract Length: Not specified

ABOUT THE ROLE

A financial institution is seeking a detail-oriented professional to support the operational side of its commercial lending business. This role will handle loan documentation, transaction processing, portfolio reporting, reconciliations, and day-to-day operational controls while partnering with internal teams and outside legal counsel. The ideal candidate has early-career commercial banking experience, strong attention to detail, and the ability to manage multiple time-sensitive activities in a regulated environment.

RESPONSIBILITIES
  • Coordinate with legal counsel and internal stakeholders to facilitate commercial loan closings and ensure approved terms are accurately reflected in final documentation.
  • Organize and coordinate execution of loan documents with borrowers and other required parties.
  • Process day-to-day commercial loan transactions, including advances, payments, fees, credit limit changes, and interest-rate adjustments.
  • Monitor loan operations activity to ensure transactions are completed accurately, efficiently, and within required timelines.
  • Perform daily reconciliations between loan system activity and general ledger balances, investigating and resolving discrepancies.
  • Maintain complete and organized electronic and physical loan records in accordance with internal procedures.
  • Prepare recurring reports and portfolio information for management and other internal stakeholders.
  • Review operational activity for adherence to applicable banking regulations, internal policies, procedures, and compliance requirements.
  • Assist with system implementations, enhancements, upgrades, user acceptance testing, and related operational projects.
  • Work collaboratively with lending, operations, accounting, compliance, and other internal teams to resolve issues and maintain smooth loan servicing operations.

QUALIFICATIONS
  • Bachelor's degree in Business Administration, Management, Finance, Accounting, or a related discipline.
  • 1 3 years of relevant commercial banking experience;commercial loan operations experience is preferred.
  • Familiarity with banking regulations, operational controls, and compliance requirements is a plus.
  • Proficiency with Microsoft Office, particularly Excel, Word, and Outlook.
  • Strong organizational skills with the ability to manage multiple priorities in a deadline-driven environment.
  • Good analytical and problem-solving abilities with strong attention to detail.
  • Strong written and verbal English communication skills.
  • Fluency in Chinese is required, with the ability to read and speak Mandarin and/or Cantonese.
  • U.S. Citizens and Green Card holders only.

Numbers & Facts

LocationNew York, NY
Salary$40–$45 Per Hour

Skills

  • Acceptance Testingunmatched
  • Accountingunmatched
  • Administrative Managementunmatched
  • Analysis Skillsunmatched
  • Banking Operationsunmatched
  • Banking Regulationsunmatched
  • Banking Servicesunmatched
  • Business Administrationunmatched
  • Cantonese Chinese Languageunmatched
  • Chinese Languageunmatched
  • Commercial Bankingunmatched
  • Commercial Loansunmatched
  • Communication Skillsunmatched
  • Consultingunmatched
  • Detail Orientedunmatched
  • Documentationunmatched
  • English Languageunmatched
  • Financeunmatched
  • General Ledger Accountingunmatched
  • Interest Ratesunmatched
  • Investment Managementunmatched
  • Legalunmatched
  • Legal Support Skillsunmatched
  • Loan Closingunmatched
  • Loan Documentsunmatched
  • Loan Operationsunmatched
  • Loan Servicingunmatched
  • Loansunmatched
  • Mandarin Chinese Languageunmatched
  • Microsoft Excelunmatched
  • Microsoft Officeunmatched
  • Microsoft Outlookunmatched
  • Microsoft Wordunmatched
  • Multitaskingunmatched
  • Operational Auditunmatched
  • Operational Supportunmatched
  • Organizational Skillsunmatched
  • Presentation/Verbal Skillsunmatched
  • Problem Solving Skillsunmatched
  • Reconciliationunmatched
  • Regulatory Complianceunmatched
  • Reporting Skillsunmatched
  • Time Managementunmatched
  • Transaction Processing/Managementunmatched
  • Writing Skillsunmatched

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