StateStreet HCL For Bank Loans

Job Description

Opportunity with Bank Loans Experience: 2 to 11 years Candidate should have minimum 2+ years of experience in Bank Loans Job Responsibility Understanding of loan lifecycle management. Experience in loan syndication process. Knowledge of payment processing (interest, fees, principal etc.). Processing of drawdown request and understanding of notices Expertise in applications like, WSO, ACBS, LIQ, TLM ,LIBOR,Term Loan, Interest and fee reconciliation Accurate and timely wire application Exposure reconciliation (term and revolver loans) Knowledge on pricing grid, servicing parameters, pay offs etc Understanding of PIK, amortization, fee setups, libor breakage calculation etc. Attention to details Looking into the past dues, unapplied cash and cash breaks Knowledge into trade life cycle (buy and sell trade) Adhere to established operating, risk, and compliance controls and standard operating procedures. Elevate areas of potential loss/exposure immediately and include supporting documentation. Serves as a technical resource to junior staff. Reviews all open risk, control and reconciliations exceptions and work towards resolution of the same Knowledge of downstream effects and economic impact of the different types of loan Ability to apply industry knowledge to help other staff members The individual acts as a second level resource within assigned business unit to support transactions in accordance to established procedures. Willing to work in night shifts/ rotational schedule Process large and variable volumes accurately whilst consistently meeting external and internal deadlines