Loan Administrator - Iselin, United States - EmployVision

EmployVision

Verified Company

Iselin, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

ACBS Loan Administrator

Summary -

To perform administrative tasks to support the operational requirements of commercial loan and letter of credit activities for portfolio assigned.

This includes ensuring the timely disbursement of funds and processing transactions through CA-CIB loan systems for accurate accounting. Special focus on the Supply Chain support.

Key Responsibilities

Act as point of contact for client or agent bank accounts within their assigned portfolio.
Maintains and establishes credit authorizations, fee accrual schedules and loan templates consistent with ALTAR closing request and credit agreements.
Maintains client standard payment instructions in ACBS for authorizations in their respective portfolio.
Enter upfront/amendment fee information in CLIX, consistent with ALTAR closing request and agent notifications.
Review maturity report to identify transactions maturing within five business days, and initiate appropriate rollover paydown operation.
Liaise with CA-CIB dollar (Blofi) and currency desks, as required, for funding of commercial loans.
Ensure loan related transactions are properly entered in ACBS.
Entree transactions to account for risk participations for Standby Letters of Credit in ACBS.
Maintain up to date operations file with supporting documentation.
Clear open items and daily exceptions in conjunction with CBO supervisors.
Followup late payments, missing interest and/or fees with clients or agent banks, as required.
Ensure client and participant notices/confirmations (loans, interest and/or fees) are completed and forwarded in a timely manner to clients within their portfolio as needed.
Liaise with the Commercial Groups in preparing Funding Memos for assignments and ensure this information is correctly entered into ACBS.