Loan Processor Jobs in Westbury, NY

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  • Loan Underwriter

    Meridian Capital Group

    Loan Processor Job 20 miles from Westbury

    Meridian Capital Group - Commercial Real Estate Underwriter The Commercial Real Estate Underwriter will be responsible for evaluating and underwriting commercial real estate loan applications. This role involves analyzing financial statements, property appraisals, and market data to assess the creditworthiness of borrowers and the value of the collateral. The ideal candidate will have a strong background in commercial real estate finance, excellent analytical skills, and the ability to make sound credit decisions. Key Responsibilities: Review underwriting models of commercial real estate loans (multifamily, retail, office, industrial), overall ensuring reasonableness of assumptions and accuracy of data Review and analyze commercial real estate loan applications and supporting documentation to include: Conduct comprehensive credit analysis of borrowers, including financial statements and market data. Assess the value and risk of collateral, including property appraisals and market conditions. Trace reported revenue and expense amounts to financial documents (e.g. property level financial statements and tax returns) provided by the borrower. Identify any issues and discuss with team leader Confirm the underwritten cash flow reflects leases in-place, tenant reimbursements and other assumptions provided by the borrower; and assess the reasonableness of the proforma Confirm any modifications, amendments to historical financial data are properly documented or flagged, if not Review the accuracy of rent rolls (e.g. schedules accurately foot, tie out # of vacant units, ensure accuracy of tenant names) Review Aged Receivable reports and assess consistency with other financial data Research the property, reviewing publicly available photos & maps Prepare detailed credit memos and present recommendations to the credit committee. Approve or decline loan applications based on creditworthiness and risk assessment. Complete other activities as may be assigned by your manager Monitor and manage a portfolio of commercial real estate loans, ensuring compliance with company policies and regulatory requirements. Collaborate with loan officers, underwriters, and other stakeholders to gather necessary information and resolve any issues. Stay current with industry trends, market conditions, and regulatory changes. Qualifications: Bachelor's degree in real estate, accounting, finance, business Minimum of 5-7 years of experience in commercial real estate underwriting, credit analysis or due diligence process or a related role Strong analytical and financial modeling skills A self-starter with the desire and ability to work well with a limited direction in a fast-paced, entrepreneurial environment Ability to balance multiple concurrent projects Flexibility and adaptability to various changing working conditions based on the priorities Excellent written and verbal communication skills Proficiency in Microsoft Office Suite, particularly Excel Knowledge of commercial real estate markets and property types Detail-oriented with strong organizational skills Benefits: Competitive salary and performance-based bonuses Comprehensive health, dental, and vision insurance Professional development opportunities Flexible work environment Meridian provides a total compensation package which includes a base salary, discretionary performance bonus and benefits. The estimated base salary range for this position is $80,000 - $120,000 depending on the individual's experience level, skills and qualifications.
    $80k-120k yearly 10d ago
  • Loan Review analyst (Residential Mortgages)

    REQ Solutions 3.2company rating

    Loan Processor Job 26 miles from Westbury

    Title: Sr Residential Loan review Analyst III Fulltime salary: $130000.00/Year + Benefits + bonus Candidate will be from a bank or credit union NOT Residential Mortgages Description: 10+ Years Experience in Mortgage Lending and operations, Residential and income producing mortgage areas on loan underwriting, appraisal review, regulatory compliance Must have knowledge of real estate related loan documents and lending regulations
    $130k yearly 8d ago
  • Loan Officer

    Opulence Home Equity

    Loan Processor Job 9 miles from Westbury

    Take Your Mortgage Career to New Heights with Opulence Home Equity! Imagine having a steady stream of high-quality leads-and an in-house processing team that ensures your deals close smoothly. At Opulence Home Equity, that's exactly what we deliver. We're not just another mortgage company-we're a one stop shop, combining premium marketing, innovative technology, and rock-solid operational support to help Loan Officers like you maximize your potential. We're actively growing in Westchester, Dutchess, and Rockland Counties, and we're on the hunt for driven Loan Officers ready to make an impact and close more deals with less hassle. What we Offer: Pre-Qualified Leads-Delivered in Real Time: Our in-house marketing team keeps your pipeline full with high-intent, purchase-ready clients. In-House Processing Team: Our in-house processors take care of the coordination, ensuring your files progress quickly. Proprietary Lead Management Tech: Our exclusive platform streamlines client follow-ups, provides real-time updates, and helps you stay organized-so you never miss an opportunity. Dedicated Sales Manager Support: You'll have a Sales Manager in your corner to help you strategize, close, and grow. Competitive Commission + Fast Payouts: Top-tier commissions, bonuses, and lightning-fast payouts. Comprehensive Benefits: Enjoy 401(k), health, and dental insurance offered. Training & Growth Opportunities We offer hands-on training and hybrid opportunities once you're fully ramped up. What You'll Be Doing: Consult with clients and offer customized mortgage solutions tailored to their needs. Analyze financials and recommend the best loan products with confidence. Guide borrowers through the application and approval process with ease-thanks to in-house processing support. Stay informed on industry trends, loan programs, and compliance updates. What We're Looking For: Active NMLS License (New York required). Proven knowledge of mortgage loan origination and financial products. Excellent communication and relationship-building skills. A passion for delivering top-notch service and helping clients achieve their homeownership goals. Ready to Close More Deals-With Less Hassle? If you're an experienced Loan Officer who wants better leads, better support, and bigger earnings, we want to talk. 👉 Apply Now through LinkedIn!
    $47k-74k yearly est. 6d ago
  • Sr Residential Loan Review Analyst III

    Veterans Sourcing Group, LLC

    Loan Processor Job 26 miles from Westbury

    Sr Residential Loan Review Analyst III Client: Banking Duration: Fulltime Work Schedule: Hybrid - 3 days onsite/ 2 days remote Job Description 10+ Years Experience in Mortgage Lending and operations Residential and income producing mortgage areas on loan underwriting, appraisal review, regulatory compliance. Must have knowledge of real estate related loan documents and lending regulations.
    $48k-81k yearly est. 8d ago
  • Loan Processor

    Elevate Career Group

    Loan Processor Job 20 miles from Westbury

    A Commercial Mortgage company is seeking a highly organized and detail-oriented individual to join their team as a Loan Processor. The Loan Processor will play a critical role in facilitating the loan application and approval process. Responsibilities include: Receiving and reviewing loan applications from clients Verifying the accuracy and completeness of all required documents and information Preparing loan files and ensuring they comply with regulatory guidelines and company policies Serving as a primary point of contact for clients, providing updates on the loan application status and addressing inquiries or concerns Collaborating with loan officers, underwriters, and other internal teams to ensure seamless coordination throughout the loan processing cycle Skills needed: Attention to detail Ability to handle multiple projects simultaneously Excellent communication and interpersonal skills Strong analytical and problem-solving abilities Location: Brooklyn, NY Hours: Full-time Salary: $25-40/hr depending on skills and experience Job#571
    $25-40 hourly 60d+ ago
  • Loan Processor

    Tomonetworks

    Loan Processor Job 20 miles from Westbury

    Who we are Tomo is a digital mortgage company on a mission to eliminate the greed and complexity in lending, helping homebuyers save thousands of dollars. Our AI-driven customer experience makes the lending process faster, less frustrating, and more affordable. By passing these savings directly to homebuyers, we eliminate excessive fees and inflated rates that cost Americans billions each year. Backed by top-tier venture investors, including Ribbit, DST, and NFX, Tomo is poised to become one of the most valuable fintech startups of our generation. The elevator pitch… Tomo is growing our mortgage operations team, and we're looking for our next GOAT! A Mortgage Loan Processor leverages established guidelines to ensure loan applications are thorough and accurate with supporting documentation. Our team's ultimate goal is to work closely and collaboratively to achieve on-time closings, while building a memorable experience for our customers. We are looking for resourceful Processors with proactive pipeline management skills and excellent intuition about customer needs. The ideal candidate for this role gets excited about moving quickly, using technology, innovating, and being around customer-centric teammates. You will have a powerful voice with our product development team - if you have long dreamed of fixing and modernizing an LOS then this will be a dream job. This role is based in our office Monday- Wednesday, and is remote optional on Thursdays and Fridays. This role is based in New York City, NY, Seattle, WA, or Detroit, MI. The things you'll do… Serve as the primary relationship manager and point of contact for the customer from when they enter processing to closing, keeping them informed and collaborating with other functions to make this happen Perform all processing, pre-underwriting, and pre-closing tasks required to proactively manage mortgage loan files from receipt in processing to final disposition Verify accuracy and adherence to investor guidelines of all documents required for a complete submission to underwriting (including appraisal and title) Collaborate with the agent to obtain necessary documentation (if needed) for approval and keep him or her informed of the status of the application Consistently meet target service level objectives including quality submissions to underwriting Coordinate closings with all parties and assist with post-closing follow-ups, as necessary Identify opportunities for process and product improvements and serve as a resource in the implementation of system enhancements When Closing Disclosure is sent to customer, offer option to review and answer questions The things you're exceptional at… Understanding of the mortgage lending process Ability to handle multiple purchase applications simultaneously in a fast paced environment - On time close is very important to us! Strong written and verbal communication with a phone-first mentality Strong performance in team environments A voice as to how we can improve our processes and tech Detail orientation with a strong focus on quality Superior customer centricity You may also have the extras… Bachelor's Degree 2+ years experience of mortgage loan processing specifically purchase transactions Byte Experience What's in It for You? Career growth: Multiple paths within Tomo, including elite operational roles Competitive compensation and benefits Equity ownership: All teammates receive stock options Coaching and mentorship: Build a foundation for a career in the mortgage industry The expected annual compensation for this position will be between $65,000—$75,000 USD
    $65k-75k yearly 2d ago
  • Loan Processor

    Tomo

    Loan Processor Job 20 miles from Westbury

    Who we are Tomo is a digital mortgage company on a mission to eliminate the greed and complexity in lending, helping homebuyers save thousands of dollars. Our AI-driven customer experience makes the lending process faster, less frustrating, and more affordable. By passing these savings directly to homebuyers, we eliminate excessive fees and inflated rates that cost Americans billions each year. Backed by top-tier venture investors, including Ribbit, DST, and NFX, Tomo is poised to become one of the most valuable fintech startups of our generation. The elevator pitch… Tomo is growing our mortgage operations team, and we're looking for our next GOAT! A Mortgage Loan Processor leverages established guidelines to ensure loan applications are thorough and accurate with supporting documentation. Our team's ultimate goal is to work closely and collaboratively to achieve on-time closings, while building a memorable experience for our customers. We are looking for resourceful Processors with proactive pipeline management skills and excellent intuition about customer needs. The ideal candidate for this role gets excited about moving quickly, using technology, innovating, and being around customer-centric teammates. You will have a powerful voice with our product development team - if you have long dreamed of fixing and modernizing an LOS then this will be a dream job. This role is based in our office Monday- Wednesday, and is remote optional on Thursdays and Fridays. This role is based in New York City, NY, Seattle, WA, or Detroit, MI. The things you'll do… * Serve as the primary relationship manager and point of contact for the customer from when they enter processing to closing, keeping them informed and collaborating with other functions to make this happen * Perform all processing, pre-underwriting, and pre-closing tasks required to proactively manage mortgage loan files from receipt in processing to final disposition * Verify accuracy and adherence to investor guidelines of all documents required for a complete submission to underwriting (including appraisal and title) * Collaborate with the agent to obtain necessary documentation (if needed) for approval and keep him or her informed of the status of the application * Consistently meet target service level objectives including quality submissions to underwriting * Coordinate closings with all parties and assist with post-closing follow-ups, as necessary * Identify opportunities for process and product improvements and serve as a resource in the implementation of system enhancements * When Closing Disclosure is sent to customer, offer option to review and answer questions The things you're exceptional at… * Understanding of the mortgage lending process * Ability to handle multiple purchase applications simultaneously in a fast paced environment - On time close is very important to us! * Strong written and verbal communication with a phone-first mentality * Strong performance in team environments * A voice as to how we can improve our processes and tech * Detail orientation with a strong focus on quality * Superior customer centricity You may also have the extras… * Bachelor's Degree * 2+ years experience of mortgage loan processing specifically purchase transactions * Byte Experience What's in It for You? * Career growth: Multiple paths within Tomo, including elite operational roles * Competitive compensation and benefits * Equity ownership: All teammates receive stock options * Coaching and mentorship: Build a foundation for a career in the mortgage industry The expected annual compensation for this position will be between $65,000-$75,000 USD
    $65k-75k yearly 20d ago
  • Special Loans Processor

    Servbank

    Loan Processor Job 9 miles from Westbury

    The Special Loans Processor is responsible for managing and efficiently processing department duties and tasks over various functions including assumptions, recasts, construction loans, renovation loans, ARM loans, etc. The role requires high attention to detail and prioritization skills, knowledge of loan servicing, ability to manage large volumes, and understanding of compliance and industry regulations. The processor will work closely with internal teams, legal departments, and external clients to ensure efficient servicing and resolution of these loans. About Servbank: Founded in 1994, Servbank is a banking institution with local roots and national reach. We were built on a foundation of community-orientation, which ensures that no matter who we serve, we do so with the human touch that marks the gold standard of service. We work with individuals, businesses, and communities, so that whether you're a student, a homeowner, a small business owner, or a community leader, we can help you fulfill your goals. Come create excellence with Servbank. Duties and Responsibilities Receives, reviews and evaluates requests received regarding Special Loans functions following the necessary procedures Maintains and follows procedures outlined by the investors and/or clients Obtains and reviews information needed to process Subordinations, Easements, Partial Releases, Assumptions, as well as any other requests pertaining to the Special Loans area Processes maintenance in ARM, Balloon, Construction, Renovation and other workstations as required Responds to internal/external clients and/or borrowers regarding Special Loans requests Completes tasks within department and investor guidelines Adapts to change productively Handles other essential tasks as assigned Assist in developing job aides and procedural updates as needed. Ability to effectively communicate verbally and in writing Excellent listening and organizational skills Provide superior customer service and work well with all internal and external customers Client-centered focus Capable of adapting to changing situations as well as the ability to show strong initiative and use good judgement to make sound decisions Ability to work in a fast-paced environment Ability to multi-task and manage time effectively to meet deadlines and manage multiple priorities Ability to problem solve and research issues when needed in an organized and detail orientated manner Perform additional responsibilities as needed Requirements MSP platform Flexibility with scheduling on a day-to-day basis, including extended hours and/or Weekends Experience in 3 or more areas of the following: o Adjustable-Rate Mortgages (ARM Workstation) o Assumptions o Balloon Loans o Boarding and Investor Reporting Discrepancies o Construction Loans o Easements o Eminent Domain o HELOC o Matured Loans o Non-Amortizing o Obligors o Partial Release o Pre-Payment Penalties o Recast o Release of Liability o Renovation Loans (203k) o SCRA Loans o Subordinations o Successors In Interest (SII) Education High School Diploma EEO Statement: We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status. Salary Description $54.8k to $64.1k
    $54.8k-64.1k yearly 60d+ ago
  • Mortgage Loan Processor

    Swift Staffing Group

    Loan Processor Job 20 miles from Westbury

    We are looking for a highly skilled Mortgage Loan Processor with proven experience to join our team in Brooklyn. The ideal candidate will have a thorough understanding of mortgage loan processing, strong attention to detail, and the ability to manage multiple loan files efficiently. You will play a key role in ensuring the smooth and timely processing of mortgage loans while working closely with loan officers, underwriters, and clients. This is an excellent opportunity for a motivated individual to contribute to a dynamic and growing team. Responsibilities: Process mortgage loan applications from start to finish, ensuring accuracy and compliance with regulatory guidelines. Review and verify loan documents, including income, credit, appraisal, and title information. Communicate with clients, loan officers, and underwriters to facilitate smooth processing of loans. Ensure that all loan conditions are met and prepare files for closing. Maintain accurate records and update loan files in the system. Troubleshoot and resolve any issues or discrepancies that arise during the loan process. Qualifications: Proven experience as a Mortgage Loan Processor. Strong knowledge of mortgage loan guidelines, regulations, and processes. Excellent organizational skills and attention to detail. Strong communication and interpersonal skills. Ability to work effectively in a fast-paced environment and manage multiple loans simultaneously. Location: Brooklyn, NY Salary: $70k+ To apply or for more information, please email your resume to RLefkowitz@SwiftStaffingGroup.com with the subject line "Mortgage Loan Processor - Job #2568011." To get the "full list" of the current career opportunities, WhatsApp 732-800-7633 💰Refer a friend and get between $600-$1,500 referral bonus upon a successful hire💰
    $70k yearly 60d+ ago
  • Loan Processor

    Jet Direct Mortgage 3.4company rating

    Loan Processor Job 23 miles from Westbury

    Mortgage Loan Processor Location: Bay Shore, NY Jet Direct Mortgage is looking for experienced and ambitious Mortgage Loan Processor to join our fast paced, goal oriented and supportive environment. Here is what we are looking for: · Review initial loan approval and work with borrower to gather appropriate documentation · Collect all required documentation for the loan package · Create a loan submission package for the Underwriting department · Submit files to assigned Underwriter · Satisfy all conditions when received from Underwriter · Communicate with other professionals, including attorneys, county clerks and title companies Qualifications: · 10+ years processing residential mortgage loans (FHA, VA, Conventional/ Purchase, Refinance) under various programs in a quality consistent with all company policies and procedures as well as meeting all government and regulatory requirements · Utilize in house technical systems and programs such as Encompass · Thorough working knowledge of underwriting policies, compliance, and procedures · Excellent written and oral communication skills · Strong organizational, problem-solving, multi-tasking and analytical skills What you will get: · Competitive compensation and incentives · Excellent benefit packages that includes Medical, Dental, 401(k), Life Insurance, paid holidays, and more! · A supportive positive management team · Technical support providing help desk, reporting and lead management, equipment troubleshooting and more Come join our team! We will help you meet and exceed your goals for 2024 and beyond!
    $34k-46k yearly est. 60d+ ago
  • Mortgage Loan Processor

    R & J Capital

    Loan Processor Job 20 miles from Westbury

    At R&J Capital we believe in serving customers with honesty, integrity and competence. We are a highly revered mortgage brokerage firm providing services in New York, New Jersey, Florida, Connecticut, Pennsylvania, North Carolina, Texas, Maryland, California, Colorado & Indiana and continuing to expand. Join us and work for a company that is focused on success, growth and out of the box solutions. Skills & Experience Skills Three year's relevant mortgage processing or underwriting experience Experience with mortgage loan software programs Verbal and written communication skills Good interpersonal and customer service skills Time-management and organization skills Ability to meet strict deadlines Ability to explain technical concepts in simple terms Ability to work in a fast-paced environment Willingness to learn new concepts to grow and advance Experience Responsibilities Monitor and manage large pipeline to ensure timely funding of loans Evaluate and assess residential mortgage loan applications as assigned Perform a preliminary review of each application for compliance and completeness Run DU or LP underwriting engine as appropriate. Compare findings with loan file documentation and collect additional documentation as needed Maintain contact and support between the Loan Originator and all other departments of the company throughout the process of the loan, which may include Sales, Underwriting, Compliance, and Funding Identify any change of circumstance and prepare and deliver any required disclosures Evaluate risk of residential mortgage loan applications based on company guidelines Image and accurately organize all file documentation to comply with company and industry standards Prepare and submit completed loan files to lender's underwriting for decision based on mandated quality control guidelines and regulatory compliance Resubmit loan files to obtain clear to close status and collect prior to closing documents Be able to self-prioritize and manage large pipeline and exhibit high organization skills Provide a high level of customer service to internal and external customers Update loan milestones within one business day of the event Other duties as assigned This is a fulltime position Hiring Insights job activity Posted 30+ days ago R & J Capital Group
    $48k-68k yearly est. 60d+ ago
  • Loan Processor

    Alma Bank 3.8company rating

    Loan Processor Job 20 miles from Westbury

    Alma Bank, headquartered in Long Island City, New York and having 13 branches located throughout Queens, NYC, Long Island, New Jersey, Brooklyn and the Bronx, brings personal service back to personal banking. We have genuine banking professionals ready to serve our customers, and offer a full range of products and services. ALMA delivers a private banking style experience to our business banking customers. Come join our winning team! Alma Bank is currently looking to hire experienced Loan Processor to work out of it's Corporate office in Astoria, NY. SUMMARY This position requires a person with great multi-tasking skills and the ability to interact effectively with other departments. ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned. Review Loan Packages Run Credit Reports Order Appraisal and Environmental Reports Process Vendor payments Scan and Index loan files in the Bank's monitoring system Issue Commitment Letters Update the system regarding the status of new loans QUALIFICATIONS Multi-tasking Efficient in gathering, analyzing and managing information Well-organized Critical-thinking EDUCATION and/or EXPERIENCE Associates/Bachelor's Degree Basic computer skills (Word, Excel, PDF Adobe) Benefits: Salary commensurate with experience. Alma Bank employees work in an open and collaborative environment. Alma Bank Offers its eligible employees a generous matching 401(k), excellent healthcare coverage (medical/dental/vision), short and long term disability, life insurance and long term care options. Alma Bank is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason protected by law. No Agencies Please
    $34k-42k yearly est. 3d ago
  • Senior Mortgage Loan Processor

    Madison Mortgage Services 4.6company rating

    Loan Processor Job 6 miles from Westbury

    We are looking for an experienced senior loan processor to join our tight-knit group of mortgage professionals. The successful applicant will have years of experience in loan processing, excellent attention to detail, and a skilled approach to customer service to help our borrowers navigate the mortgage closing process. We provide the opportunities, the team, and the growth potential to help you achieve your career goals. If this sounds like the ideal job for you, please apply today! Minimum 3-5 years of proven success as a Sr Loan Processor at a mortgage broker, mortgage lender, bank, or credit union working a high volume pipeline This position is based in Lake Success and is not a remote position The schedule is Monday - Friday from 9 am to 6 pm
    $41k-55k yearly est. 60d+ ago
  • Loan Services

    Guggenheim Partners 4.2company rating

    Loan Processor Job 20 miles from Westbury

    Guggenheim Investments is seeking a Senior Associate to join the Loan Services team. This individual will report to the Director of Loan Services and assist in cross-team functions for both the Trade Operations and Data Integrity teams, including but not limited to the management of loan security master setup and maintenance, ad hoc and recurring data analysis, coordination of direct and secondary loan settlements and borrowings, restructure processing, private rating/credit estimate coordination, pricing reconciliation and monthly metrics. The position requires close interaction with various parties across the firm including traders, credit analysts, and legal team members as well as external data vendors. This role will involve working in a dynamic team environment and presents opportunities to utilize interpretation and problem-solving skills in support of the team's Integrity objectives and initiatives. The ideal candidate will possess a deep understanding of bank debt and fixed income securities. The Sr. Associate role presents an opportunity to join a team that sits at the 'hub' of Guggenheim Investments at an exciting time of growth and evolution at all levels of the company. The position is in the New York office. Responsibilities * Process bank loan-related transactions in the portfolio management and related systems including transfers, CLO & middle market closings, crosses, CTP and terminations * Process non-loan bookings in Wall Street Office * Book all trade amendments and reallocations for Bank Loan trades * Perform daily confirmation of Bank Loan trades in Aladdin allowing for flow via interface * Reconcile trades between BRS and WSO. Details of loan trades are compared against systems to ensure booking accuracy and the details of bond, repo and FX trades are compared for CLO and Private Funds * Monitor and resolve trade-related cash/position breaks on dashboard * Act as the operations contact with various third parties including custodian banks, trustees, fund administrators, and administrative agent banks to answer or direct various inquiries; Team is responsible for answering and addressing all inquiries which may range from trade & position questions to providing documentation * Assist with requests related to fund audits and various business initiatives * Communicate non-CIDD bank loan trade & ABS term loan settlements to custodian banks; handholding of direct settlements ensuring timely funding & accurate reflection in systems * Work closely with internal and external parties on borrowing requests; processing in BRS and ensuring timely funding * Wire input into portals for specific fundings sometimes inclusive of GCS * Provide fund admins with settlement packages and additional documentation & information such as Credit agreements etc. * Track loan amendments and process restructures in systems communicating to both internal and external stakeholders * Update and reconcile prices between systems backfilling missing marks, mapping revolver and delayed draws in WSO to ensure accurate reporting for teams including Private Funds & CLO as well as Fund Accounting * Assist in the development and documentation of procedures and controls to increase the efficiency and productivity of the department * Populate/refresh trades in BRS for analytics data * Compile trading metrics for circulation to business and upper management * Team is responsible for ensuring all trades are booked, allocated, reviewed for accuracy, executed and checked off for closing in ClearPar in a timely manner. * Review and understand LSTA standard documents and other legal documents including Trade Confirms, Assignment Agreements, Proceeds letters, Participation agreements, Cash collateral agreements and Multilateral Agreements and Credit Agreements, specifically assign-ability language * Provides KYC packages and fields any questions for any new accounts or as requested by counterparties which may require further guidance/assistance from Compliance or Tax team. * Maintains close interaction with various parties such as agent banks, counterparties, PMs, traders, analysts, legal and compliance to ensure timely settlement occurs (primary, secondary as well as distressed loan trades) * Maintains accuracy of trade details through ClearPar and WSO to ensure any issues are resolved prior to settlement. identify and escalate issues to the front office, bank loan trading assistants/traders, in-house legal counsel and management, when necessary and track and report these issues through appropriate workflow tools * Manage loan amendment workflow, to include tracking, submission and ensure votes are executed in a timely and accurate manner * Ability to manage heavy trade portfolio, for assigned client base, while maintaining a clean aging profile, with the goal of settlement within the LSTA standard for settlement time * Manage liquidity for various accounts through correspondence with the PMs. Settlements team will notify PMs as cash needs arise. For FX trades, desk needs to be notified at least 2 days prior to ensure funds are available for settlement. In rare instances, 2 days cannot be guaranteed due to the Agent executing late but will notify the FX desk as soon we're aware of settlement. Any cash breaks, settlements is responsible for following up with the custodians to ensure all trades are funded * Ensure all trade fees are booked into WSO and tied to ClearPar invoices. Invoices are submitted to the custodian for payments and followed up regularly to ensure all invoices are paid in a timely manner * Drafting manual documents (trade confirms, assignment agreement & funding memos for any trades not booked on ClearPar. * Direct Trades - settlements works alongside legal/origination team to facilitate funding for closing. Once a funding date is determined, funding memos will be manually drafted (in some instances, the counterparty will draft the funding memos), reviewed, signed and submitted to the custodians for payment to ensure funds are received in a timely manner * Create, understand and present metrics reporting for trading, portfolio management and operations * Prepare monthly/weekly reporting to senior management for open trades and trading metrics * Process large-scale loan assignments related to special projects including CLO warehousing and closing, cross-trades and client-directed transfers Qualifications Preferred Qualifications * Bachelor's degree with 4-6 years of relevant work experience * At least 2-4 years of bank loan related experience is required * Knowledge of Wall Street Office and Bloomberg a plus * Organized, detail oriented and extremely thorough with strong problem solving skills and demonstrated ability to take initiative * Excellent written and verbal communication skills with an ability to collaborate with internal teams and external clients and service providers Basic Qualifications * Undergraduate degree with 4+ years of relevant work experience in investment management or financial services environment * Proficient in the use of Microsoft Office Suite, specifically Excel * Must be able to multi-task in a fast paced and challenging environment Salary Range Annual base salary between $115,000.00-$120,000.00 The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.
    $115k-120k yearly 55d ago
  • Associate, Loan Closer

    Jefferies 4.8company rating

    Loan Processor Job 20 miles from Westbury

    CLO Associate/Loan Closer Job Description-1-4 years Manage day to day activity of CLO warehouses. Communicate trade flow between fund managers and TRS provider. Communicate/fix discrepancies. Enter/close CLO warehouse trades in LIQ to track positions Interpret warehouse legal documents to properly track life cycle of warehouse Tie out warehouse economics with CLO fund managers. Ability to manage the trade portfolio, across multiple business lines, following all trades from Trade Date to Settlement whilst maintaining a clean open trade aging profile and driving reduced settlement times Ensuring all new trades and fund allocations are added and set up in our internal systems Drafting of Loan Trade Closing documentation - including Trade Confirmations, Transfer Documents, Pricing Letters (amongst others) when not closing via electronic platform Coordinating with Trader, sales and Legal (internal and external) on proposed changes to Trade documents Identifying and escalating issues to the front office traders/ sales, in-house legal counsel, compliance, and management when necessary Working directly with clients, internal partners and external Agents to resolve issues and ensure smooth closing of all trades. Prepare and review settlement calculations including delayed compensation, cost of carry and benefit of commitment reductions Co-ordination and timely solution of any post trade settlement cash queries with Internal and external Clients. Responsible for waiver and amendment monitoring for credits across portfolio and action them with internal stakeholders when necessary, including bankruptcy and restructurings Working on internal projects and initiatives designed to improve automation and strengthen the team's control environment across our global franchise. Assisting the Sales Desk on requests to onboard new Counterparties as needed when it is determined a new counterparty is being executed with. This includes confirming with Client and Account onboarding services that all relevant systems have been updated. Assisting the Trading Desk in coordinating between the various support teams to ensure that New Deals and Facilities are setup correctly and linked through the appropriate Identifiers. This includes ensuring the Trade Capture, internal Settlement Platform (LoanIQ), and Electronic Settlement Platform (Clearpar) are mapped correctly from the start. Create new shell deals/facilities in internal Settlement Platform (LoanIQ), when necessary. Managing exceptions that come out of daily system reconciliation that highlight where is there is discrepancy between internal systems and electronic settlement platform (Clearpar). This includes both Counterparty and Facility identifier exceptions that are required to maintain Straight Through Processing between Trade Capture and Settlement platforms. Assisting the Secondary Loan Closers as they identify or respond to discrepancies identified by Counterparties during the normal course of business as it relates to Counterparty and Facility Identifier mapping. This includes errors that need to be communicated to the Sales & Trading Desk, for their correction through a Cancel & Correct (CnC) or a static data issue that needs to be corrected through the relevant Client Onboarding/Security Master team. Skills Required Knowledge of Loan IQ, and ClearPar would be beneficial. Knowledge of information wall barriers preferred. Strong PC skills Excel, Word and PowerPoint Excellent oral and written communication skills Self-motivation with tangible examples of demonstrating drive and initiative Demonstrate they are a detail orientated individual that can multitask efficiently under pressure in a fast-paced environment Must be able to resolve issues daily Must have excellent client service skills with both internal and external clients humble and honest team player and a partner to all internal stakeholder across our global firm The salary range for this role is $100,000-$120,000.
    $100k-120k yearly 10d ago
  • Sr. Specimen Processor (Overnight)

    Antech Diagnostics 3.7company rating

    Loan Processor Job 8 miles from Westbury

    We understand that the world we want tomorrow starts with how we do business today, and that's why we're inspired to make A Better World for Pets. Antech is comprised of a diverse team of individuals who are committed to each other's growth and development. Our culture is centered on our guiding philosophy, The Five Principles: Quality, Responsibility, Mutuality, Efficiency and Freedom. Today Antech is driving the future of pet health as part of Mars Science & Diagnostics, a family-owned company focused on veterinary care. Current Associates will need to apply through the internal career site. Please log into Workday and click on Menu or View All Apps, select the Jobs Hub app, then click the magnifying glass to Browse Jobs. **Work Shift:** **Monday-Saturday 11PM-7:30am** **Work Type: On-Site** **This is an On-Site role based out of one of Laboratory located in Lake Success, New York.** **The Target Pay for this position is $22.55 an hour. At Antech, pay decisions are determined using factors such as relevant job-related skills, experience, education, training and budget.** **PURPOSE OF JOB:** The Senior Specimen Processor research and resolve special submissions from clients. Specimen Processors are responsible for processing the majority of samples that comes into the department. Specimen Processors are required to keep inventory of samples after testing has been completed by scanning them into storage racks. They will also be required to search the lab for any samples not scanned into storage racks. May be cross-trained to perform basic Laboratory Technician or Lab Aide duties. May be responsible for various support activities, including maintaining supply inventory, record-keeping, cleaning, clerical tasks, supply shipping and receiving, mail distribution and other related duties. **ESSENTIAL DUTIES AND RESPONSIBILITIES:** _To perform this job successfully, an individual must be able to satisfactorily perform each essential function. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions._ + Receives and prepares samples for distribution to main laboratory. + Removes specimens from transport bags and splits as needed for multiple testing. + Retrieves and prepares add-on's and rechecks. + Accurately process Avian/Exotic, manifest and problem specimens at a rate of 40 accessions per hour. + Accurately process standard requisitions per approved procedures at a rate of 72 accessions per hour, heartworm multi-test forms at a rate of 150 accessions per hour, fecal multi-test forms at a rate of 150 accessions per hour, and 2-D requisitions at a rate of 90 accessions per hour. + Records information about specimens. Label and numbers slides, specimens and submittals. Enters specimen data into database, scan tubes, process ZLOOK, and other post production duties as required. Verifies accuracy of information. + Verify samples are in correct locations. + Complete Add Log/recheck specimens in a timely and thorough manner. + Assists Leads/Supervisors with training. + May be required to assist other lab personnel with specimen storage + Sort samples for distribution throughout the lab (X-rays, Coggins, cytology, etc.). + Ensure Turn Around Times (TAT's) are met. + Reads, understands and follows applicable Standard Operating Procedures (SOP's), including safety and quality procedures. Maintains clean and organized work area. Restocks supplies as needed. + Participates in improving lab efficiency, quality and cooperation. + May be responsible for various support activities, including maintaining supply inventory, record-keeping, shipping and receiving, cleaning and other related duties. Checks inventory of supplies, stocks shelves and maintains order in stockroom. Ensures documents are completed according to established SOPs and reflect current manufacturing processes and label claims. May assemble equipment as needed. Prepares and ships supplies, including processing related documentation. Performs variety of administrative duties, such as answering and routing incoming calls, maintain temperature logs and other related activities. + Knowledge of medical and laboratory terminology and specimen processing procedures and equipment helpful. + Work under close to moderate supervision with limited latitude for independent judgment. + Consult with senior peers on processing tasks to learn through experience. + Normally receives general instructions on routine work, detailed instructions on new assignments. + Basic skills with moderate level of proficiency. + Applies job skills and lab policies and procedures to complete a variety of tasks. + Works on specimen processing tasks that are semi-routine in nature without deviating from SOP's is required. + May be asked to participate in enterprise initiatives, special projects, and other duties as assigned. + Reliable and dependable attendance is an essential function of the position. + Performs other duties as assigned. + We share a collaborative obligation to ensure that we conduct ourselves in the utmost ethical manner and that we hold each other accountable to the values and standards of the organization. Every employee has the responsibility to ask questions, seek guidance, and report concerns and/or violations of company policy or ethical standards. Antech Diagnostics has several processes in place to communicate with leadership and expects that employees will have a commitment to integrity and uncompromising values. **EDUCATION/EXPERIENCE:** + High School Diploma or equivalent combination of education and work experience required, preferably in Science-related field. + Typically 3-5 years related work experience. **REQUIRED SKILLS AND ABILITIES:** + Laboratory skills and experience helpful. + General science background, including hematology/chemistry helpful. + Attention to detail. + Organized with ability to multi-task in a fast paced environment. + Ability to work independently and as part of a team. + Communication skills, both verbal and written. + Positive, can-do attitude. + Basic math, interpretive and analytical skills. + Strong Data Entry skills required (Minimum 6,000 KPH) + Personal computer skills, including strong typing ability and proficient use of Microsoft Office. **PHYSICAL DEMANDS:** + Extensive sitting, phone, and computer use + Capable of standing continuously for up to 2 hours + Extend and reach with hands and arms and use hands and fingers + Occasionally required to climb, balance, bend, stoop, kneel or crouch + May be required to lift, move, and carry up to 50 lbs. + Specific vision abilities required include close vision, color vision, depth perception, and the ability to adjust focus. + Hearing ability to effectively communicate via the telephone and in person + Ability to communicate verbally on the phone and in person + Fluency in the English language + Extended hours may be required **WORK ENVIRONMENT:** + Laboratory environment with potential biohazards present. + Potential for exposure to agents known to cause zoonotic disease in humans and use of potentially hazardous chemicals as defined by the National Hazard Communication Standards. A complete list of such chemicals is available from department supervision. **About Antech** Antech is a leader in veterinary diagnostics, driven by our passion for innovation that delivers better animal health outcomes. Our products and services span 90+ reference laboratories around the globe; in-house diagnostic laboratory instruments and consumables, including rapid assay diagnostic products and digital cytology services; local and cloud-based data services; practice information management software and related software and support; veterinary imaging and technology; veterinary professional education and training; and board-certified specialist support services. _Antech offers an industry competitive benefits package and continues to invest in and evolve benefits programs that meet the health, wellness and financial needs of our associates._ + All Full-time associates are eligible for the following benefits and more: + Paid Time Off & Holidays + Medical, Dental, Vision (Multiple Plans Available) + Basic Life (Company Paid) & Supplemental Life + Short and Long Term Disability (Company Paid) + Flexible Spending Accounts/Health Savings Accounts + Paid Parental Leave + 401(k) with company match + Tuition/Continuing Education Reimbursement + Life Assistance Program + Pet Care Discounts We are proud to be an Equal Opportunity Employer - Veterans / Disabled. For a complete EEO statement, please see our Career page at Antech Careers (************************************************************** . **Note to Search Firms/Agencies** Antech Diagnostics, Inc. and its subsidiaries and affiliates (Antech) do not compensate search firms for unsolicited assistance unless they have a written search agreement with Antech and the requisition is position-specific. Any resumes, curriculum vitae, and other unsolicited assistance from search firms that do not have a written search agreement or position-specific requisition submitted to any Associate of Antech will be deemed the sole property of Antech and no fee will be paid in the event the candidate is hired by Antech.
    $22.6 hourly 12d ago
  • Mortgage Loan Funder

    Hanmi Bank 4.1company rating

    Loan Processor Job 9 miles from Westbury

    The Mortgage Loan Funder is responsible for the review and analysis of approved credit memorandum for commercial equipment lease department obligations, interpretation of terms, conditions, covenants and restrictions on approval, administration of documents, closing and funding of assigned contracts. Conduct preliminary review and analysis of approved loan structure and verification of the documents submitted by -origination source and determine their compliance with Bank's requirements. Performs all duties in accordance with the company's policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates. Ensures compliance with established Bank policies and procedures. Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to the following: GLBA (Gramm-Leach-Bliley Act), Regulation Z (Truth in Lending Act), Regulation DD (Truth in Savings Act) Regulation B (Equal Credit Opportunity Act), Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd Frank Act), Elder Abuse Laws, Bank Secrecy Act in conjunction with the USA PATRIOT Act, Anti-Money Laundering and Customer Information Program, Right to Financial Privacy Act (state and federal) and Community Reinvestment Act. REQUIRED DUTIES 1. Draws loan documents and engage escrow/title for closing coordination 2. Reviews all loan documents for correct signatures, notary information, title reports, escrow instructions, etc. and to maintain compliance with federal, state (wet and dry) and agency guidelines 3. Ensures underwriters have signed off on the file prior to doc and/or prior to fund 4. Provides information to necessary parties to resolve any outstanding issues prior to loan closings 5. Balances Closing Disclosure with closing agents 6. Verifies all fees are disclosed correctly and meets compliance guidelines 7. Deals proactively and professionally with all parties involved in the loan closing to avoid and/or resolve problems at closing 8. Gathers all necessary documents for closing from other parties: hazard insurance information, subordination agreements, payoffs, taxes, etc. in a timely fashion 9. Sign-offs all funding conditions prior to funding 10. Completes pre-closing checklist to ensure compliance with all regulatory and investor guidelines 11. Prepares funding figure and complete signatures necessary according to the authority matrix 12. Sets up wire for closing agent/title with funding department 13. Reviews and funds mortgage loan file in a timely fashion 14. Maintains data integrity of system data fields 15. Reviews Post Closing Disclosure 16. Assumes responsibility for various department functions in the absence of staff members or in overload situations. 17. Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions. 18. Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action. 19. Follows policies and procedures; completes tasks correctly and on time; supports the company's goals and values. 20. Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one's own actions and conduct. 21. Performs duties specific to the position and other functions as assigned. MINIMUM REQUIREMENTS These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines. • High school diploma and at least two (2) years of related experience and/or training; or an equivalent combination of education and work related experience. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related. Work related experience should consist of a loan processing/funding background. • Knowledge of TRID guidelines along with title commitments, hazard, and flood insurance policies. • Knowledge of funding guidelines and procedures for wet and dry states. • Ability to prioritize work and meet funding deadlines. • Intermediate skills in computer terminal and personal computer operation, mainframe computer system, word processing, typing and spreadsheet software programs to meet the needs of the position. • Intermediate math skills; ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs. • Exceptional verbal, written and interpersonal communication skills, with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, and speak clearly to customers and employees. • Thorough understanding of management procedures; ability to plan department or Company activities (setting objectives, developing strategies, budgeting, and developing policies and procedures); initiative to organize various functions necessary to accomplish department or Company activities; effectively staff (selecting, training and developing employees); directing employees towards the desired objectives (delegating, motivating, resolving problems); controlling the function (developing performance standards, measuring results, taking corrective action and rewarding employees as appropriate). • Ability to deal with complex problems involving multiple facets and variables in non-standardized situations. • Ability to work with no supervision while performing duties. Pay $44,000 - $63,000 per year. The salary reflects the full, reasonably expected salary range for this position. Salary is based on the candidate's current experience, education, skills, and abilities related to the position. Successful candidates may be eligible for bonus, stock, commissions, and incentives at the Company's sole discretion. We offer a comprehensive benefits package, which vary depending on the position ultimately offered. All employees are offered paid sick time off. Depending on the position offered, benefits packages may include vacation leave; paid holidays; medical, dental, vision, life and disability insurance packages for employees and dependents; various other voluntary benefit offers, and optional retirement accounts. We are an Equal Opportunity Employer. All applicants will receive consideration for employment without regard to race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender identity, gender expression, genetic information, or military or Veteran status, or any other characteristic protected by law. The application window for this position is expected to close on May 27, 2025.
    $44k-63k yearly 27d ago
  • Loan IQ Specialist-(#CC)- Multiple Openings - Analyst-Support

    Intelligent Staffing Inc.

    Loan Processor Job 20 miles from Westbury

    Our client is seeking two contractors for 6-12 month engagements. LOAN IQ Support and Loan IQ Analyst Responsibilities: Develop, maintain, and enhance Loan IQ applications using .Net technologies. Design and implement SQL queries, stored procedures, and database solutions to support application functionality. Collaborate with business analysts and stakeholders to gather requirements and translate them into technical specifications. Perform code reviews, testing, and debugging to ensure high-quality deliverables. Optimize application performance and troubleshoot issues as they arise. Participate in the full software development lifecycle, including planning, development, testing, deployment, and maintenance.
    $33k-64k yearly est. 55d ago
  • Loan Specialist (Syndicate Loans)

    Cognixia

    Loan Processor Job 20 miles from Westbury

    Collabera is a leading Digital Solutions company providing software engineering solutions to the world's most tech-forward organizations. With more than 25 years of experience, we have hired over 17000 employees across 60+ offices globally and currently place 10000+ professionals annually to support critical IT engagements at more than 500 client sites, 80% being the Fortune 500. With Collabera, you: Will get to work on numerous challenging and exciting projects, including UI/UX transformation, Blockchain, AI/Data Science, Cloud migrations, Cyber-Security, and Engineering. At Collabera you have 80% chance of project extension or redeployment to other clients Will have endless opportunities to learn new technologies through our in-house Training arm - Cognixia. Please let me know the best time and number to connect with you or please give me a call on {your number} to discuss this further. Also, if you happen to know anyone who fits this role, please do send us their resume. We do have a referral policy. Job Description Responsibilities • Confirmation of loan documentation for accurate trade settlements drafting and confirmation of loan documentation related to trade settlement within the syndicated loan market, inclusive of trade confirmations, assignment and acceptance agreements and funding memos for accurate trade settlements. • Provide syndicated loan trading support in the areas of trade closing, research support, sales support and account management support • Partner with Sales Associates, Traders, Research Analysts, trading counterparties, internal and external attorneys, administrative agent banks and various other internal operations groups •Manage post-trade management and logistics, settlement pricing and closing coordination Manage post trade activity and logistics, inclusive of document negotiation and trade settlement pricing. • Process and technological improvements to shorten closing times and lessen post-trade risk associated with counterparties and borrowers • Validation of loan commitments, interest payments, and fee payments • Report monitoring and reconciliations • Analysis and resolution of operational problems Additional Information Please call me at ************ if you are interested in this role :)
    $33k-64k yearly est. 27d ago
  • Associate - Junior Loan Workout Specialist

    MUFG (DBA

    Loan Processor Job 20 miles from Westbury

    Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's 10 largest financial institutions according to S&P Global. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career. Join MUFG, where being inspired is expected and making a meaningful impact is rewarded. The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details. Associate - Junior Loan Workout Specialist We are seeking an Associate - Junior Loan Workout Specialist in our New York office to service, monitor, and assist in managing a distressed loan portfolio. Primary objectives for this position are to assist in administering and monitoring a portfolio of challenged credits and assisting in the turnaround or exit of complex credit relationships through proactive management and restructuring efforts that may include liquidation of the Borrowers' assets, loan sales, or potentially providing ongoing financing. Special Assets Division's ("SAD") primary focus is to minimize losses and maximize recoveries. Qualified candidates will be quantitatively based, with strong credit analysis skills, experience creating bespoke complex financial models and familiarity with loan documentation. Essential Duties and Responsibilities: * Support Senior Loan Workout Specialists who are responsible for managing challenged loan exposures. * Analyze Borrowers' and Guarantors' financial statements (including key performance indicators ("KPIs") and 13-week cash flow reporting) and develop financial models with Senior Workout Specialists to: (i) measure and monitor operating and financial performance; (ii) adherence to financial covenants; (iii) determine ability to make debt service payments; (iv) analyze reason(s) for default/financial distress; (v) determine ability to turnaround operations to realize improved financial performance; (vi) assess repayment ability; and (v) evaluate enterprise valuations under various restructuring scenarios to ascertain assignment of regulator ratings and guide secondary loan sale recommendations. * Use aforementioned analysis / models to prepare timely borrower internal and regulatory rating recommendations and assign proper accrual status on allocated accounts with Senior Loan Workout Specialists. * Regularly prepare and submit reports to immediate supervisor, Division Manager, and others within Credit Risk Administration about actual/forecasted borrower rating changes that could impact capital charges or require a charge-off, as well as on matters that could impact deal/portfolio performance. * Assist in developing, documenting and implementing detailed action plans and workout strategies, including potential remedies, options, including legal actions challenged credits in our portfolio, and provide periodic status reports to senior management. * Assist in developing financial models and written recommendations of action plans for challenged deals, including: (i) to hold a loan because of high likelihood for refinancing or repayment; (ii) various strategies for restructuring loans; or (iii) rationale for selling a loan to with the overriding goal being to optimize MUFG's position and loan recoveries. * Review key terms and conditions of loan documentation. * Prepare and present high quality written quarterly updates, analyses and remediation strategy recommendations to immediate supervisor, Division Manager, Bank Officers, and Committees. * Keep abreast of business and market trends that may affect deal/portfolio performance. * Comply with corporate policies, especially for loan provision and charge-off planning. Adhere to applicable compliance/operational risk controls in accordance with regulatory and Americas Risk Management standards and policies. Identify risk-related issues needing escalation to management. * Avoid lender liability issues and contain legal/professional expenses by holding parties accountable. * Complete other related duties and participate in special projects, forecasting, and reporting, as needed. Qualifications (Education, Experience, Skills): * Bachelor's degree in Business Administration, Finance, Accounting or related discipline. * Minimum of 2-3 years' experience in wholesale banking credit, rating agency, or turnaround consulting firm, preferably with focus on leveraged finance. * Knowledge of financial statement analysis, accounting principles, wholesale credit underwriting, and general bank lending guidelines. Preferred: Completion of a formal bank credit-training program. * Strong technical and quantitative (credit and financial analysis) skills. * Proficient computer skills including: MS Word, Excel, PowerPoint, Moody's or comparable financial statement spread technology, Bloomberg, FactSet, etc. * Detail oriented and demonstrated ability to multi-task. * Strong written, verbal, presentation and interpersonal skills. * Ability to organize, prioritize work and demonstrated ability to work well with minimal supervision, interact with management and work within a team environment, as well as to work effectively under difficult conditions is critical. * Experience with loan documentation and loan workouts. Preferred Qualifications * Progress towards CFA designation. The typical base pay range for this role is between $115K - $150K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below. MUFG Benefits Summary We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any. The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified. We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.
    $33k-64k yearly est. 60d+ ago

Learn More About Loan Processor Jobs

How much does a Loan Processor earn in Westbury, NY?

The average loan processor in Westbury, NY earns between $31,000 and $62,000 annually. This compares to the national average loan processor range of $28,000 to $50,000.

Average Loan Processor Salary In Westbury, NY

$44,000

What are the biggest employers of Loan Processors in Westbury, NY?

The biggest employers of Loan Processors in Westbury, NY are:
  1. Servbank
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