Top Consumer Loan Servicing Executive jobs in Boca Raton, FL

We are seeking a highly motivated individual to join a Private Equity firm client of ours as a Loan Servicing Specialist.

The ideal candidate must have experience and will be responsible for the following :

• Initiate loan activity (funding, repricing, payments) as instructed by the client in accordance with the credit agreement(s)
• Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions
• Read and interpret complex legal credit agreements and related documentation, working with attorneys when applicable
• Initiate and reconcile automated funds movement in accordance with client / lender 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 voices
• Maintenance of margin changes and proper communication to bank group
• Provide information as requested by Clients, Business Partners, Middle Office, or Lenders

Requirements

• 3 years of experience in credit monitoring and analysis with an understanding of accounting principles, financial statements and income tax returns
• Bachelor’s degree in Finance, Accounting, Economics or related field
• Commercial lending or monitoring experience with a focus on small business loans
• Ability to commute to Boca Raton as it is not a Remote role.

Last updated : 2024-04-23