Loan Operations Analyst
Kforce Inc.
Job Info
RESPONSIBILITIES:
Kforce has a client that is seeking a Loan Operations Analyst in Newark, DE.Summary:We are seeking an enthusiastic and detail-oriented Entry-Level Loan Processing Coordinator to join our team. This role is ideal for entry level candidates or those looking to start a career in finance and banking. You will play a key part in supporting the coordination and processing of loan documentation, ensuring that all transactions are executed smoothly and accurately.Key Responsibilities:- Collaboration: Initiate and facilitate collaboration across multiple teams to interpret loan documentation effectively for the accurate processing of new deals
- Payment Coordination: Own the coordination of principal and fee-related closing payments, ensuring timely processing and compliance with agreements
- Documentation Management: Maintain accountability for gathering all required documentation prior to deal closings, working closely with Transaction Coordinators and other partners
- Pipeline Management: Actively manage and prioritize a pipeline of assigned transactions to ensure deadlines are met and workflow remains efficient
- Exception Reporting: Govern and reconcile exception reports related to recently closed transactions, identifying, and resolving discrepancies
- Amendment Analysis: Analyze amendments made to existing agreements or deal structures and effectively communicate any changes to account managers
- Data Accuracy: Consistently provide accurate data and maintain a low-quality control error rate in all transactions
REQUIREMENTS:
- General understanding of finance and loan products
- Basic proficiency in Microsoft Office (Excel, Word, and PowerPoint)
- Self-motivated with a collaborative, team-oriented mindset
- Strong organizational skills with the ability to prioritize tasks effectively
- Ability to build and maintain professional relationships
- Exceptional communication skills, both written and verbal
- Previous experience in commercial banking
- Familiarity with syndicated loans
The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.
We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.
Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.
This job is not eligible for bonuses, incentives or commissions.
Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
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