What are the responsibilities and job description for the Syndicated Loan Ops (Max $20/hr W2) position at Lenmar Consulting Inc.?
Company Description
Finance
Job Description
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
Additional Information
All your information will be kept confidential according to EEO guidelines.
Salary : $2 - $20