Quick overview
Job description
Syndicated Loan Ops Analyst
Duration 12 months + (Long Term Contract)
Location Baltimore, MD 21231
Max Pay Rate - $25.93/hr on W2 (No Benefits)
- Hybrid: 3 days per week on-site
QUALIFICATIONS:
- Loans/loans syndication experience
- Loan IQ (preferred - not required)
The role within FSL Operations is responsible for the servicing of a loan portfolio comprised of bi-lateral and syndicated loans. The portfolio includes a mix a facilities where Brokerage is sole lender of record, administrative agent and lender on syndicated facilities, or lender in third party agent s syndicate.
Core functions include:
- Processing borrowing/funding and settlement/paydown requests received from clients or agent via email to MS books and records
- Preparation and distribution of notices (e.g. funding, paydown, rate-set, etc.) to clients and/or syndicate lenders
- Preparation and distribution of periodic interest & fees invoices to client (or in the case of facilities with third-party agent, tie out to interest and fees distributed on agented notices. Processing of said interest and fees to books and records.
- Daily review of exception/break reports (including cash suspense and past dues) and taking appropriate actions to resolve
- Fielding other ongoing/ad hoc inquiries/requests from clients, third-party agent (if applicable), and internal MS stakeholder (e.g. Business Unit, Financial Controllers)
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