What are the responsibilities and job description for the Commercial Loan Administrator position at ApTask?
Pay Rate: $48.00/hr on w2
REQUIRED QUALIFICATIONS
• Minimum 3-4 years of hands-on experience in syndicated loan operations at a bank, fund administrator, or financial institution
• Direct, daily working experience with LoanIQ — this is non-negotiable. Candidates must be able to navigate deal/facility/loan hierarchies, process servicing events, and troubleshoot system issues independently
• Demonstrated experience in at least two of the following three areas: loan booking/deal setup, participant servicing, agency servicing
• Understanding of SOFR-based lending conventions, including rate lookback mechanics, compounding methods, and fallback provisions
• Ability to read and interpret credit agreements, amendments, and agent notices to extract operational terms
• Strong attention to detail in a high-volume, deadline-driven environment
PREFERRED QUALIFICATIONS
• Prior experience at a bulge-bracket or large regional bank in a loan operations or loan servicing role (in the big banks)
• Experience with structured credit products: CLO warehouses, CRE warehouses, subscription finance / capital call facilities
• Experience with Microsoft Dynamics or similar case management / workflow tools
Salary : $40 - $48