Senior Operations Specialist (Syndication Commercial Loans) Hybrid
This is a hybrid role, with the expectation that work time will regularly take place inside and outside of a company office. We are looking for candidates who live within a commutable drivable distance to our offices in Charlotte SC, Danville VA, Phoenix AZ, and Raleigh NC.
Responsibilities
- Serve as the contact person responsible for all ongoing daily activity and reconciliation issues associated with an assigned portfolio of approximately 60-80 deals.
- Monitor customer borrowings, payments, and rate setting activities.
- Contact agents regarding maturing loans for renewal or repayment.
- Process loans, deposits, commitment, and Letter of Credit facilities for cashflow deals.
- 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 the account manager of any true delinquencies.
- Process all trading activity on the portfolio, preparing funding memos and standard bank confirmations when necessary.
- Process customer audit confirmations in a timely manner.
- Administer all loans in accordance with the terms of governing documents, relevant legislation, and company policy.
- Support management with various inquiries and audits.
Requirements
- 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.
Skills
- Commercial syndicated loan experience.
- Knowledge of bank operations and regulatory or legal environments.
- Bachelor’s degree in accounting or finance-related area (preferred).
- 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 skills.
Pay
If hired in Virginia, the base pay for this position is generally between $20.00 - $27.00 per hour. 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
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.