What are the responsibilities and job description for the Loan Analyst position at Asset Staffing?
Investment Bank located in Baltimore, MD seeks Lending Analyst
- Hybrid: in office 3 days per week
Requirements
- Minimum 2-5 years' experience
- Background in Loans as Product Controllers
- Accounting Experience in Investment Banking preferred
- General Project Management skills (Great comm skills, great writing)
Engagement Scope
1. IFRS Lending Accounting Analysis and Automation
- Gather and document business and accounting requirements from Product Control, LEC and Accounting Policy stakeholders
- Help assessing lending accounting treatment under IFRS and compare against current US GAAP processes to identify reporting, valuation, and disclosure differences
- Assist senior Product Owner to develop accounting requirements, business rules, and functional specifications for automation.
- Partner with Technology teams to design, implement, and validate system solutions.
- Support user acceptance testing, issue resolution, and obtain business sign-off.
2. Project Management and Governance
- Help prepare senior management materials to communicate project progress, key decisions, risks, and milestones.
- Document accounting positions, rationale, and materiality assessments for identified US GAAP to IFRS differences that will not be remediated through system enhancements. Structural and Commercial Benefits
- Establish a scalable and controlled IFRS lending accounting framework for MUFG reporting.
- Reduce manual accounting processes through automation and standardized requirements.
- Improve consistency of accounting treatment across legal entities and reporting frameworks.
- Support timely delivery of MUFG regulatory and financial reporting commitments.