Deal Administrator - Trade Finance

About the role

We are seeking a candidate with detailed knowledge of Receivables and Supply Chain Finance administration, along with experience in Loan Administration, including investigation and reconciliation. The Deal Administrator will handle Trade Finance transactions and daily workflow, booking of loan receivables, reporting, billing, document checking, and payments, with all transactions captured on the Loan IQ Lending platform.

Responsibilities

• Support the day to day of large data set of Receivables and Supply Chain loans
• Process receivables and incoming payments in compliance with financial policies and procedures.
• Perform day-to-day financial transactions, including verifying, classifying, computing, posting, and recording accounts receivables' data.
• Prepare bills, invoices as needed.
• Reconcile the accounts receivable ledger to ensure all payments are accounted for and properly posted.
• Facilitate payment of invoices due by sending bill reminders and contacting clients.
• Generate weekly aging reports and resolve outstanding payment issues.
• Maintain accurate records and documentation for all transactions.
• Collaborate with other departments to ensure smooth financial operations.
• Manage daily activity on existing Trade Finance transactions
• Reconcile discrepancies among interest and fees
• Monitor daily loan repricing activity and chase Agent as needed
• Monitor commitment limits and expiration dates
• Monitor daily cash flow and process transactions timely
• Assist Manager in any special projects as needed

Qualifications / Education

• You hold a Bachelor’s degree in Finance, Accounting, Business, Economics, Mathematics, or closely-related quantitative field from an accredited U.S. school (or equivalent)
• You have 4+ years of relevant experience in Receivable Finance and Supply Chain Finance

Experience / Knowledge

• Loan IQ experience is preferred.
• Experience and familiarity with Trade Finance agreements and others related loan documentation
• Strong problem solving and analytical skills
• Strong focus on controls, procedures, quality, accuracy and detail oriented

Main Responsibilities

The Deal Administrator will be responsible for all aspects of deal servicing, will be the primary client contact (external and internal) and will be responsible for performing the following functions:

• Support the day to day of large data set of Receivables and Supply Chain loans
• Process receivables and incoming payments in compliance with financial policies and procedures.
• Perform day-to-day financial transactions, including verifying, classifying, computing, posting, and recording accounts receivables' data.
• Prepare bills, invoices as needed.
• Reconcile the accounts receivable ledger to ensure all payments are accounted for and properly posted.
• Facilitate payment of invoices due by sending bill reminders and contacting clients.
• Generate weekly aging reports and resolve outstanding payment issues.
• Maintain accurate records and documentation for all transactions.
• Collaborate with other departments to ensure smooth financial operations.
• Manage daily activity on existing Trade Finance transactions
• Reconcile discrepancies among interest and fees
• Monitor daily loan repricing activity and chase Agent as needed
• Monitor commitment limits and expiration dates
• Monitor daily cash flow and process transactions timely
• Assist Manager in any special projects as needed

Salary Range

$80,000-$102,000