Loan Operations (US Shift)

Acuity is currently looking for for experienced professionals (2-12 years) in Loan Operations and Loan Servicing with expertise into ACBS to join our growing team in Bangalore!

• Location:

  Bangalore (work from office)

• Work hours:

  6:30 PM to 3:30 AM IST (US Shift)

• Department:

  Lending Services

• Experience Level

  : 2-12years

Role & responsibilities:

• Perform servicing activities in ACBS Rollovers, Advances, Paydowns, Past Dues, fees, deal setup, reconciliation and others

• New Loan Onboarding, renewals and rebooking when needed
• Setup and update the repayment schedules in ACBS
• Review Credit agreement and other loan related documents
• Setup Pricing Index & Rules, Guarantor, Facility, type of facility, CRA info, Repayment, maturity etc
• Assist Agency teams with any primary and secondary closings
• Maintain spreadsheets with Loan Trade information from initiation to Settlement
• Book the trade and process fees in ACBS
• Process invoices for Broker and Clearpar
• Reconcile cash payments: open cash items vs expected payments
• Review and correct as necessary Settlement Standard Instructions
• Track Past Due payments, clean up unpaid and prepare reports per requirement
• Ensure compliance with the Banks data governance policies, standards and operational procedures
• Prepare reports for upper management regarding status of project.
• Meet strict deadlines and ability to work under pressure

Preferred candidate profile:

• Min 3-12 years’ experience in Lending Services

• Understanding of Commercial Lending lifecycle with excellent understanding of Loan Agreements and other loan documents

• Excellent knowledge of ACBS is must

• Commerce Graduate / MBA (Finance)

• Good understanding of Project Management principles

• Excellent written and spoken communication skills