Job Description

Reference # : 17-05738Title : Loan Processing Analyst
Location : New York, NY
Position Type : Contract
Experience Level : Start Date : 06/15/2017

Loan Processing Analyst
Help drive change! Eclaro is looking for a Loan Processing Analyst for Loan IQ-LS2 for our client in New York, NY.
Eclaro’s client is a leading global bank stimulating change and innovation in the industry by offering top-notch financial products and services for a wide-range of clients worldwide. If you’re up to the challenge, then take a chance at this rewarding opportunity!

The purpose of Loan IQ-LS2 Loan Processing Analyst is to participate in the confirmation, remediation and testing of collateral types, loan purpose codes and borrower reference data to insure the correctness of reference data files within the Bank's various loan systems (e.g. Loan IQ (LS2)) in support of mandated Client Bank reporting on the Bank's Capital Adequacy Reserves.

  • Working with the Bank Regulatory Reporting Project Manager to improve the accuracy of the Bank's loans reference data files and process for input and reporting
  • Responsible for participating in maintenance of reference data in various loan platforms
  • Working with other groups within Bank who own systems that interact with the general ledger system (SAP) with loan related data
  • Participate in static data clean-up and exceptions investigation
  • Review of accounting transactions in accordance with Accounting Principles Document detailed business requirements, process flows and other documents as necessary
  • 5 – 7+ years experience in the Loans product including syndicated and traded loans
  • Knowledge of Loan IQ-LS2 system
  • Analyzing reference data mappings and Loan Purpose Codes.
  • Able to read and understand loan document terminology
  • Understand loan booking and loan processing
  • Able to Identify tactical and strategic potential solutions for internal and external problems
  • Experience in at least one related other area – Legal entity control / reporting, Financial Control, IPV, Regulatory reporting, Risk management
  • Experience in at least one of the following architecture components – Business process definition, functional definition, data definition, application architecture.
  • Exposure to, but not necessarily direct responsibility for, strategic project implementation.
  • Exposure in DFAST and CCAR regulations a big plus
If hired, you will enjoy the following Eclaro Benefits:
  • 401k Retirement Savings Plan administered by Merrill Lynch
  • TransitChek Pretax Commuter Benefits
  • Eligibility to purchase Medical, Dental & Vision Insurance through Eclaro
Interested in applying? Contact Sarah Leaño at now

Equal Opportunity Employer: Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!

Apply Online