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Asset Based Lending Specialist

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DISYS (Digital Intelligence SYStems Pvt. Ltd.)

2021-12-03 07:32:02

Job location Atlanta, Georgia, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

A Fortune 100 Financial Services organization in the ATLANTA, GA area is looking to add an Asset Based Lending Specialist to the team!
This is a 1 YEAR CONTRACT that has the potential to convert to FULL TIME!
The ideal candidate will be responsible for:

  • Ordering, reviewing, renewing and maintaining loan disbursements and payoffs for the most complex commercial and commercial real estate accounts.
  • Reviewing loan documentation terms and conditions
  • Monitoring loan draw requests
  • Coordinating loan disbursements, payoffs and demands
  • Reviewing completed disbursement audits; reviewing loan reconciliations; reviewing reports from lower level specialists
  • Ensuring all procedures are in compliance with government regulations and company policies.
  • Collection of delinquent payments and fees (within the Commercial business), insurance monitoring, payoff calculations, structured cash management loans and document review phase 2 boarding.
  • Identifies and mitigates risk in accomplishing business goals.

Primary daily responsibilities include the following:

  • Participation Settlements - True-up with participating lenders on outstanding pro-rata share of loan balances
  • Manual Cash Posting - Manually post any un-posted cash items to the corresponding Lucas loan based upon the information provided on the incoming cash notice
  • Libor Borrowing Notifications - Create Libor Tranches based upon the applicable rates within the Lucas system
  • Reconcile interest/fees for Sold and Bought Participations
  • *_Work directly with clients and front office as needed _*

Qualifications

  • 5+ years' loan administration or servicing experience
  • MUST HAVE attention to detail
  • MUST have a great personality and attitude to get along in a team environment

Job Type: Contract

Pay: $21.00 per hour

Experience:

  • Loan Servicing: 5 years (Required)
  • Asset Based Lending: 3 years (Required)
  • Libor Transactions: 2 years (Required)

Location:

  • Atlanta, GA (Required)

Inform a friend!

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