Job Description

Reference # : 17-07535Title : Loan Analyst - Junior
Location : Jersey City, NJ
Position Type : Contract
Experience Level : 2 YearsStart Date / End Date : 08/07/2017 / 01/31/2018
Assignment Detail
Industry:Financial Services
Description
Loan Analyst - Junior
Be part of the Financial Services Industry. Eclaro is looking for a Loan Analyst - Junior for our client in Jersey City, NJ.
Eclaro’s client is a full-service bank providing a wide spectrum of corporate, commercial, retail banking, and wealth management solutions with offices across the United States. If you’re up to the challenge, then take a chance at this rewarding opportunity!

RESPONSIBILITIES:
  • Process daily loan transactions in accordance with instructions received from the agent bank/middle office:
  • Input accurate information in CLO (Commercial Loan Operations) IRIS (Fax System) and LoanApp and ensure all instructions received are processed on the same day. i.e: Rollover, New loan, paydown, conversion, interest and fee settlement, etc.
  • Secure approvals from middle office via IRIS/LoanApp when necessary.
  • Report and escalate any back value / irregular transactions to the designated checker.
  • Arrange funding and/or break funding prior to the cut off time.
  • Process outgoing loan related payments via GPP for FED/CHIP/SWIFT payment.
  • Timely billing if applicable and process all incoming funds for fees, principal and interests.
  • Update customer / agent bank contact list and special handling list periodically.
  • Timely filing & Record Management.
  • Investigate and resolve pending items in WIP / FAD / SUS, GL / Sub ledger accounts.
  • Effectively communicate with agent bank/middle office to resolve discrepancies.
  • Claim compensation for late payment received.
  • Send swift message, e.g. MT199 for unidentified incoming funds
QUALIFICATIONS:
  • Requires a recent college grad or its equivalent with 2-5 years of experience in the field or in a related area.
  • Has knowledge of commonly-used concepts, practices, and procedures within a particular field.
  • Loan Experience a plus
  • ACBS experience a plus
  • Relies on instructions and pre-established guidelines to perform the functions of the job.
  • Works under immediate supervision.

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 Ivy Española at Ivy@eclaro.com 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

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