Loan Operations Support.

At-a-Glance:Are you ready to build your career by joining a global financial institution. If so, our client is hiring a Loan Operations Support.Position Type:ContractOnsiteRequiredRequired QualificationsMinimum 3-4 years of hands-on experience in syndicated loan operations at a bank, fund administrator, or financial institutionDirect, daily working experience with LoanIQ — this is non-negotiable. Candidates must be able to navigate deal/facility/loan hierarchies, process servicing events, and troubleshoot system issues independentlyDemonstrated experience in at least two of the following three areas: loan booking/deal setup, participant servicing, agency servicingUnderstanding of SOFR-based lending conventions, including rate lookback mechanics, compounding methods, and fallback provisionsAbility to read and interpret credit agreements, amendments, and agent notices to extract operational termsStrong attention to detail in a high-volume, deadline-driven environmentPreferred QualificationsPrior experience at a bulge-bracket or large regional bank in a loan operations or loan servicing role (in the big banks)Experience with structured credit products: CLO warehouses, CRE warehouses, subscription finance / capital call facilitiesExperience with Microsoft Dynamics or similar case management / workflow toolsResponsibilities:Loan Booking & Deal Setup:Book new loan facilities in LoanIQ based on credit agreement terms, including deal, facility, and loan-level hierarchy setupExtract and input key commercial terms from credit agreements: pricing grids, commitment amounts, maturity dates, repayment schedules, borrowing base structures, financial covenantsSet up deal economics accurately to support correct regulatory capital calculation, risk exposure, and credit availabilityCoordinate with front office, legal counsel, and product control on deal closing mechanics and funding instructionsParticipant Servicing:Process lifecycle servicing events for deals where the firm holds a participant position: interest payments, fee payments, principal repayments, rate resets, and rolloversReconcile agent bank notices against LoanIQ records; investigate and resolve discrepancies in payment amounts, rates, or accrual periodsMonitor and process borrowing base certificates, compliance certificates, and covenant reporting as received from agent banksHandle facility amendments, extensions, and waivers on participant positions, updating LoanIQ deal structures accordinglyAgency Servicing:Perform agent bank servicing functions in LoanIQ for deals where the firm acts as administrative agent or lead arrangerProcess and distribute interest, fee, and principal payments to the lender syndicate; calculate pro-rata and non-pro-rata distributionsManage lender positions following primary syndication, secondary trade settlements (assignments and participations), and commitment changesGenerate and distribute agent notices to the lender group: drawdown notices, rate-setting notices, paydown notices, amendment and waiver requestsProcess SOFR rate resets, calculate all-in rates including applicable margins and floors, and initiate rollover transactionsControls & ReportingEnsure all transactions are processed within established SLAs and in accordance with operational procedures and risk controlsEscalate exceptions, fails, and breaks promptly through the appropriate channelsSupport month-end and quarter-end processing, including accrual verification and GL reconciliation supportGet in Touch:We want to hear from you! If you think you'd be a good match, submit your resume and reach out to Avni at (551) 295-7716 to learn more.#HbM6349