Loan Support Analyst
Job Summary
As a Loan Support Analyst, you will execute and reconcile commercial loan transactions while ensuring adherence to established procedures. The role involves managing documentation, coordinating with internal and external partners, and performing research to resolve workflow exceptions. You will be expected to maintain high accuracy and manage complex portfolios within the Dealer Finance organization.
Responsibilities
- Execute and reconcile complex loan transactions.
- Manage and prepare commercial loan documentation.
- Resolve workflow exceptions and ad hoc inquiries.
- Coordinate with internal and external business partners.
Required Skills
- Loan documentation expertise
- Banking/Loan administration experience
- Analytical thinking
- Regulatory compliance knowledge
- Detail-oriented
Job Details
Position Responsibilities:
- Executes varied transactions/processes utilizing standard procedures.
- May have specific responsibility for one or multiple specialized products or functional areas.
- May have responsibility for large, complex and sensitive assigned accounts or portfolio.
- Processes and/or reconciles varied and moderately complex transactions in accordance with established policies and procedures.
- Partners with internal and/or external business partners to route communications, documents or other action items to complete transactions.
- Identifies and may resolve exceptions; escalates appropriately.
- Ensures the appropriate materials and documentation are available to complete transactions.
- Provides responses and documentation to inquiries and ad hoc requests.
- Completes research and provides feedback on workflow and work received.
- Reviews transactions and related documents and verifies work processes to ensure completeness, accuracy and conformance to established service levels and applicable policies and procedures.
Qualifications & Requirements:
- Associates degree or equivalent experience (typically 3+ years).
- Background in commercial loan document preparation and execution.
- Banking background in loan administration and documentation.
- Ability to read and understand commercial loan credit packages.
- Comfortable communicating with both internal and external legal counsel.
- Analytical Thinking, Capital Management, Compliance Requirements, Due Diligence, Risk Mitigation Strategies.
- Competencies: Accuracy and Attention to Detail, Decision Making, Problem Management, Standard Operating Procedures.