Job Description:
We are seeking a Loan Specialist to join the Credit Services Administration team in Pittsburgh, PA. This hybrid role supports Credit Services Institutional Bank Lending divisions. This middle office role supports loan closing readiness, credit agreement interpretation, facility setup and activation, ongoing facility maintenance, regulatory data requirements and portfolio monitoring across Corporates, Financial Institutions, and Real Estate lending.
Key Responsibilities:
Loan Origination Coordination: Coordinate the onboarding, facility setup, and activation of new and amended bilateral and syndicated credit facilities. Interpret complex credit agreement and loan documentation, ensure facility terms are accurately captured in source systems and partner with major stakeholders throughout the life of the credit facilities.
Credit Documentation Review: Analyze and interpret credit agreements and related legal documentation to extract and validate key economic and structural terms such as rates, fees, covenants, maturities, and other deal attributes
Facility Setup & Lifecycle Management: Own facility setup and maintenance across the loan lifecycle, including onboarding, amendments, waivers, extensions, repricings, restructurings, and related updates
Portfolio Monitoring: Monitor assigned loan portfolios, reconcile activity across stakeholders, and support covenant compliance and ongoing portfolio administration
Stakeholder Coordination: Work closely with lenders, loan operations, administrators, regulatory partners, and other internal business stakeholders across multiple platforms and lines of business
Cross-Functional Change Support: Support migration to a new loan system by partnering with business teams on requirements gathering, testing, and stakeholder coordination
Cross-Training & Development: Build expertise across different segments such as corporates, real estate, and financial institutions, with opportunity for broader cross-training over time
Qualifications:
1+ years of experience in loan servicing, middle office, credit administration, or a related financial services function
An understanding of the credit loan lifecycle, including closings, onboarding, and maintenance events
Strong analytical, organizational, and time management skills
Ability to work effectively in a high-intensity, fast-paced environment with multiple priorities
Strong communication skills and ability to collaborate across a broad set of internal and external stakeholders
Proficiency with Microsoft Excel and the broader Microsoft Office Suite
Bachelor s degree in Finance, Economics, Accounting, or Business Administration
Preferred Experience:
Experience reading and interpreting credit agreements and other complex legal or lending documentation
Prior Financial services experience preferred
MS Office Suite (Word, Excel, Outlook)
Additional Information:
Duration: 6+ month contract to hire opportunity
Work Model: 4 days onsite required weekly in Pittsburgh, PA
Shift: Monday - Friday, 8:30AM - 5:00PM EST
Rate Range: $28-33/hr. W2 (based on experience)
Numbers & Facts
Location
Pittsburgh, PA
Salary
$28–$33 Per Hour
Skills
Accountingunmatched
Administrative Skillsunmatched
Analysis Skillsunmatched
Business Administrationunmatched
Communication Skillsunmatched
Consultingunmatched
Credit Analysisunmatched
Cross-Functionalunmatched
Documentation Reviewunmatched
Economicsunmatched
Facilities and Maintenanceunmatched
Financeunmatched
Financial Servicesunmatched
Legal Documentsunmatched
Loan Closingunmatched
Loan Documentsunmatched
Loan Operationsunmatched
Loan Originationunmatched
Loan Portfoliounmatched
Loan Servicingunmatched
Loansunmatched
Maintenance Servicesunmatched
Microsoft Excelunmatched
Microsoft Officeunmatched
Microsoft Outlookunmatched
Microsoft Wordunmatched
Mortgage Lendingunmatched
Multiplatform/Cross-Platformunmatched
Multitaskingunmatched
Onboardingunmatched
Organizational Skillsunmatched
Real Estateunmatched
Regulationsunmatched
Regulatory Requirementsunmatched
Requirements Managementunmatched
Team Playerunmatched
Test Requirementsunmatched
Time Managementunmatched
Training/Teachingunmatched
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