Loan Assistant

Compensation

: $71,160.00 - $116,190.00 /year *

Employment Type

: Full-Time

Industry

: Financial Services - Banking/Investment/Finance



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RESPONSIBILITIES:

Kforce has a client in search of a Loan Assistant in Tempe, AZ. Key Tasks:
  • Process daily loan transactions in accordance with instructions received from the agent bank/middle office
  • Input accurate information in CLO (Commercial Loan Operations) IRIS (Fax System) and LoanApp and ensure all instructions received are processed on the same day, (i.e.: Rollover, New loan, paydown, conversion, interest and fee settlement, etc.)
  • Secure approvals from middle office via IRIS/LoanApp when necessary
  • Report and escalate any back value/irregular transactions to the designated checker
  • Arrange funding and/or break funding with Treasury prior to the cut off time
  • Process outgoing loan related payments via GPP for FED/CHIP/SWIFT payment
  • Timely billing if applicable and process all incoming funds for fees, principal and interests
  • Update customer/agent bank contact list and special handling list periodically
  • Timely filing & Record Management
  • Investigate and resolve pending items in Cash Accounts, Past Dues and Break-funding charges
  • Effectively communicate with agent bank/middle office to resolve discrepancies
  • Relies on instructions and pre-established guidelines to perform the functions of the job
  • Works under immediate supervision


Job Requirements:

REQUIREMENTS:

  • Requires an entry level grad or its equivalent with 0-2 years of experience in the field or in a related area
  • Has knowledge of commonly used concepts, practices, and procedures within a particular field
Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.


Associated topics: banker, banking product, banking solution, commercial loan, customer, loan review officer, loan underwriter, mortgage loan officer, representative, sell * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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