Cash Management & Credit Services, Associate I

Job Description

Review and process distributions via wire, ACH, or check.
Daily, weekly, and monthly reconciliation of accounts with bank records.
Document custodial services for commercial, residential, or other loan facilities.
Processing of full or partial release requests.
Analyze and process client construction or capex draw requests on an as needed basis.
Monitor and communicate results for defined covenants and other financial metrics as requested by the client generally for positions held in syndicated or other structured loans.
Spread and analyze borrower and guarantor financial statements and commercial property level operating statements.
Assist with preparing written credit reviews and credit due diligence packages on behalf of our clients on commercial credits including C&I, commercial real estate, and government guaranteed loans (SBA 7(a), SBA 504, & USDA).
Assist with management of special assets, including coordinating with the lender, borrower, legal counsel, and other professionals deemed necessary to manage the process of asset resolution.

Qualifications

• Bachelor’s degree in finance, accounting, business or economics or commensurate work experience
• Prior work experience in finance services
• Ability to independently research and resolve problems
• Responsive, friendly, professional, highly organized, and superb communication style
• Solid Microsoft Excel experience
• Exceptional attention to detail and ability to thrive within a high-volume data-entry environment with both proficiency and accuracy
• Demonstrated willingness to work within a deadline-driven environment

Benefits

The salary for this role is $60,000 - $65,000/year depending on experience.