Randstad Loan Operations Entry Level in Wilmington, Delaware

Loan Operations Entry Level

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job details:

  • location:Wilmington, DE

  • salary:$18 - $20 per hour

  • date posted:Tuesday, August 1, 2017

  • job type:Contract

  • reference:407281

  • questions:302-658-6181.

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description

Loan Operations Entry Level Overview

  • Work on deal origination. This includes obtaining all the necessary information required to support a new deal and working closely with the deal transactors from attorneys, customers and investors to ensure a smooth closing

  • Provide deal origination and execution support to Debt Capital Markets and Credit Risk Management.

  • Initiate initial fundings on new deals and restructurings

  • Initiate systems set up on all aspects of new deals, including investors and borrower funding details

  • Manage the process of contacting investors and obtaining administrative information associated with new deals

  • Review legal documentation and maintain within repository systems.

  • Prepare loan book to provide to the client teams who will manage the deal on an ongoing basis

  • Manage the funding process with Corporate Treasury for the share of a deal

  • Read and interpret complex legal loan documentation

  • Coordinate closing of numerous transactions on the same day

  • Initiate funds movements on complex closing transactions

  • Initiate funds movement in accordance with client/investor instructions

  • Work with external vendors to obtain loan identifiers and setup of market based pricing.

  • Provide information as requested by Clients, Syndications or Lenders.

  • Assist with any administrative tasks associated with the terms of the Credit Agreement

  • Actively participate in working groups and provide input on how to improve current processes.

Loan Operations Entry Level Responsibilities:

  • Work on deal origination. This includes obtaining all the necessary information required to support a new deal and working closely with the deal transactors from, attorneys, customers and investors to ensure a smooth closing

  • Provide deal origination and execution support to Debt Capital Markets and Credit Risk Management.

  • Initiate initial funding on new deals and restructurings

  • Initiate systems set up on all aspects of new deals, including investors and borrower funding details

  • Manage the process of contacting investors and obtaining administrative information associated with new deals

  • Review legal documentation and maintain within repository systems.

  • Prepare loan book to provide to the client teams who will manage the deal on an ongoing basis

  • Manage the funding process with Corporate Treasury for the share of a deal

  • Read and interpret complex legal loan documentation

  • Coordinate closing of numerous transactions on the same day

  • Initiate funds movements on complex closing transactions

  • Initiate funds movement in accordance with client/investor instructions

  • Work with external vendors to obtain loan identifiers and setup of market based pricing.

  • Provide information as requested by Clients, Syndications or Lenders.

  • Assist with any administrative tasks associated with the terms of the Credit Agreement

  • Actively participate in working groups and provide input on how to improve current processes.

  • Participate in system testing, as needed, which may occur during non-business hours

Minimum Requirements:

  • Must have experience reading and interpreting loan documentation or related experience dealing with documentation.

  • Must be a team oriented individual.

  • Must be highly organized with ability to manage a variety of tasks.

  • Excellent communications skills oral and written.

  • Strong interpersonal/client servicing skills.

  • Strong analytical, problem solving and judgment skills

  • General accounting knowledge

  • Bachelor's Degree

Loan Operations Entry Level Keys to Hire from the Manager

  • Independent thinking, time management.

  • Need a good personality, hardworking, type A personality.

  • Responsible to confirm that your job is complete; sending money to high profile entities

  • They would try to relocate them within the organization.

  • They want to make sure through questioning that they are a hard worker.