International Bank with a range of corporate lending activities seeks an experienced loan admin with letters of credit experience.
Maintain daily activity of facilities and loans, for all lending areas, which include the reconciliation of Syndication, Participation and Bi-lateral Direct loans, rollovers, pay downs, conversions, break funding, interest payments, quarterly fees and breakage fee
Create and maintain customer files
Create payment orders for outgoing funds.
Assist with verifying and authorizing lending transactions
Create notices to customers for new loans, rollovers, draw downs, etc.
Maintain Trade Finance activities, i.e., Process Letters of Credit issued by New York and Head Office.
Process Standby Letter of Credit Confirmations received from Head Office
Monitor and follow up on lending fees insuring timely receipt for all customers and all currencies.
Ensure funds received timely for all customers and all currencies.
Reconcile open items on Cash Position and differences between accrued, billed and paid amounts.
Process Swing line facilities and related loan activity for Head Office and branches
Assist with periodic customer and agent audit confirmations.
Assist in processing, verifying and authorizing of Retail activity as needed. (ie. Check Deposits/Funds transfers)