Loan Analyst job description

Whippany, NJ

As a Barclays Syndicated Loan Closing Analyst, you will be maintaining a portfolio of Secondary LSTA loan trades from trade date through to settlement while ensuring effective client service. You will have the opportunity to work alongside the KYC team to ensure all internal checks are complete prior to trade settlements.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

What will you be doing?

* Liaising with trade counterparties, agent banks, legal counsel, both internal and external as required to ensure documents are in order for a smooth settlement
* Reviewing of Credit Agreements to assess transferability requirements and restrictions
* Liaising with the Operations trade settlements team to instruct the settlement of trades
* Keeping senior members of the loan sales and trading desk and closing team management of potential issues with trade settlements

What we're looking for:

* Bachelor's Degree
* One+ years of experience in par and distressed loan and trade claim closing
* Three+ years of experience using Microsoft Suite

Skills that will help you in the role:

* Commercial awareness
* Ability to balance priorities
* Good communication skills
* Organized, able to work under pressure and within tight deadlines

Where will you be working?

At Barclays, we are proud to be redefining the future of finance and here at Whippany we are defining the future of the workplace and the future of the way we work and live. We are creating a unique community, one of four strategic tech-enabled hubs that will redefine opportunity for everyone who works here. Whatever you do at Whippany, you'll have every chance to build a world-class career in this world-class environment.

At Community West Bank, we put deposits to work locally, making loans to businesses, families and non-profit organizations. We are the largest publicly traded and only community bank headquartered and serving California's Central and South Coast area of Ventura, Santa Barbara and San Luis Obispo counties, with full-service branches in Goleta, Oxnard, Paso Robles, San Luis Obispo, Santa Barbara, Santa Maria, and Ventura. We were named one of the Central Coast Best Places to Work by the Pacific Coast Business Times, and we love working here and think you may too!

As an integral member of the Loan Servicing team for Community West Bank, this position will provide extraordinary customer service to our internal team members and external customers, exemplifying the Bank's values and our dedication to quality and service. This position will have direct responsibility as a Credit Operation's team member to assist in the accomplishment of the Department Business Plan goals and objectives. This position will elevate the team as a member of the Bank's high performance culture that emphasizes empowerment, quality, productivity, ethical standards, goal attainment and the ongoing development of CWB's vision to become the bank of choice, providing an unparalleled customer experience for our customers, employees, and community.

The Loan Servicing Analyst performs a wide range of Loan Servicing functions including but not limited to providing supervision, mentoring, and assisting coworkers. This position works loosely with the Sr. Loan Servicing Officer and aides in creating process efficiencies and procedure writing along with client inquiries and problem solving. This position performs all essential duties in compliance with regulatory requirements as well as Bank policies and procedures.

Community West Bank is an EEO/AA/Disability/Vets Employer. Reasonable Accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.

* Understands and performs all functions within the Loan Servicing Dept as assigned by the Sr. Loan Servicing Officer
* Works with a high level of independent discretion
* Provide recommendations for establishing efficient and streamlined processes
* Assists with policy changes and procedure writing
* Troubleshoot, research, and analyze problems that may arise when a loan file is or becomes out of compliance
* Mentor and assist with staff training
* Assists the Sr Loan Servicing Officer as liaison between the department and other areas of the bank
* Acts as the escalation point of contact for the department
* Handles vendor relations and management alongside the Sr Loan Servicing Officer
* Assist with funding and disbursing of loan proceeds
* General Ledger Accounting and Certifications verifications
* Reviews documentation and provides approvals as needed
* Call back loan fundings, file maintenance, daily balancing, in accordance with the loan service level agreements
* Assist with issues related to the Bank's relationship with entities like the FRB and FHLB including but not limited to FRB and FHLB reporting
* Manage issues related to loan related insurance requirements including but not limited assisting with the management of force-placed insurance and making and responding to customers calls regarding coverage issues
* May assist with loan documentation production
* Assists with maintaining and release of collateral
* Cross train in additional functions of the department
* Meet responses and resolution times as defined in service level agreements and/or service requests, and follow established processes to meet service level commitments
* Complete all required regulatory training as assigned within deadlines established on an annual basis
* Process payments on manufactured housing loans, core bank loans and SBA loans
* Other duties and/or projects as assigned by supervisor



Bachelor's degree, or an equivalent combination of education, training and experience. Minimum 3 years of related experience, preferably at a financial institution. Ability to work under pressure, prioritize and meet deadlines. Ability to manage and develop personnel resources. Ability to disseminate information and guidelines clearly to employees and check for understanding. Ability to work independently and collaborate effectively as a team member. Ability to effectively comprehend and interpret Bank policies and procedures in the work environment. Exhibit high degree of professionalism in handling and having access to sensitive information, and protect and maintain that confidential information. Professional in appearance, and in verbal and written communication. Proficient with: MS Word, Excel, Outlook, Internet
Ability to exercise good judgment in making decisions.
Excellent interpersonal skills to communicate effectively with a wide range of employees and customers. Ability to complete tasks within prescribed time frames.

Responsibilities include:

• Research escalated issues, perform root cause analysis and report findings
• Create process flows and timelines to identify process improvement opportunities
• Coordinate research and responses to monthly monitoring research requests
• Identify process gaps and present improvement opportunities from research activities
• Support reporting activities and responses to ensure timely monitoring of pipeline activities
• Perform other research and reporting activities as required
• Assist with closing coordination activities, as needed

Experience:

• College degree or equivalent experience
• Minimum of 3 years' experience in commercial loan operations or a credit/lending environment
• Knowledge of commercial loan documentation
• Strong verbal, written and organizational skills
• Experience with gathering data, analysis and presentation
• Experience in process improvement activities; solution proposals
• Detail oriented with ability to multitask and prioritize work in a team-based environment

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

Equal Opportunity Employer/Disability/Veterans