Job Description

:Look to perform/ Input all the Loan Trade Settlement activiies. Manage FED Wire Payments/Receipts, Settle/Book trades in system of record, Reconciliation of cash breaks, Payment investigations, RDS SSI set ups, Journal Entry Processing/Approvals, Principal Paydowns and other inquiries.Setting up new credit arrangements and loans to ensure timely funding of borrowing requests.Manage Advance Disbursements, Pro-rata calculations, Loan conversions, Assignment fees, Delayed comp are correctly recorded and other inquiries.Serve as primary point of contact for request related to administration of large corporate credits.Responsible for accurate data input to various ancillary credit or operating systems is required e.g. ACBS/Loan Runner,GIN, Loan IQ,Cash Manager & Bank Funds Transfer.Position requires proficiency with numbers to ensure accurate loan commitment, interest; fee and principal payments are recorded. Manage escalations and ensure time resolution to avoid any financial and reputational risks.Should have understanding of secondary loan trading market. Ensure that all intraday and end of day checklists are maintained correctly and sign-off to confirm completion of tasks.Undertake necessary steps to ensure that any required reporting requests are fulfilled.:
Possesses knowledge in a specialized function or skill gained through work experience or formal training. Supervisory role with responsibility to deliver critical to quality metrics for the lines of businesses that he/she supports. May recommend solutions to moderately complex problems, lead or train other associates or supervise highly routine work. Possesses leadership, communication and problem solving skills. May perform a specialist role in a support function performing routine transactions or functional activities. May also perform specialist roles like quality control, process level reporting of metrics, special projects for the line of business, etc. Incumbents would be Graduates / Post Graduates with 8+ years of experience.

Bank of America