Loan & Agency Services Account Manager
Location: Newark Del! aware
Description: Kforce is employing Loan & Agency Services Account Manager right now, this job will be placed in Delaware. For complete informations about this job opportunity please read the description below. Newark, Delaware (DE)
Loan & Agency Services Account Manager
- Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements
- Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions
- Reconcile daily funding and payment activity to account for all daily cash transactions
- Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable
- Initiate and reco! ncile automated funds movement in accordance with client/lende! r instructions
- Monitor and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices
- Maintenance of margin changes and proper communication to bank group
- Provide information as requested by Clients, Business Partners, Middle Office, or Lenders
- Monitor control reports updating applicable comments
- Participate in system testing, as needed, which may occur during non-business hours
- Assist with any administrative tasks associated with the terms of a Credit Agreement;
- Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement verifying system set up accuracy
- Back up co-workers, work with various special projects or other tasks as assigned
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If you were eligible to this job, please email us your resume, with salary requirements and a res! ume to Kforce.
If you interested on this job just click on the Apply button, you will be redirected to the official website
This job starts available on: Thu, 02 Jan 2014 15:43:09 GMT
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