Senior Operations Specialist (Syndication Commercial Loans)

Responsibilities

• Contact person responsible for all ongoing daily activity and reconciliation issues associated with assigned portfolio of approximately 60-80 deals.
• Maintain contact with agents regarding maturing loans for renewal or repayment.
• Process loans, deposits, commitment, and Letter of Credit facilities for cashflow deals.
• Manage and process any amendment transactions by updating Loan IQ, calculating applicable fees, and applying any associated fees and/or cost allocations.
• Calculate quarterly and monthly fees and interest, reconciling amounts with agent banks.
• Monitor and reconcile any past due, suspense or account receivable items, notifying account manager of any true delinquencies.
• Administer all loans in accordance with the terms of governing documents, relevant legislation, and company policy.
• Support management with various inquiries and audits.

Qualifications

• Bachelor's Degree and 0 years of experience in Accounting or Finance OR High School Diploma or GED and 4 years of experience in Accounting or Finance.
• Prior commercial syndicated loan experience.
• Knowledge of Bank operations and regulatory or legal environments.
• Bachelor’s degree in accounting or finance related area.
• 1+ year of financial operations experience.
• Superior communications and multitasking skills, with the ability to interact with multiple individuals and Agent banks.
• Knowledge of Loan IQ.
• Intermediate Microsoft Office.

Additional Information

The base pay for this position is generally between $20.00 - $27.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment. Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.