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Client Processing Specialist

Category:Contract
Location: Newark, Delaware 19713
Posted:Wed, December 04, 2019
Salary:US$25 - US$28 per hour + negotiable
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Experis is partnered with a Fortune 500 company to find a Client Processing Specialist in the financial services field. Here are the details:

Essential Responsibilities:
Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements
Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions
Reconcile daily funding and payment activity to account for all daily cash transactions
Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable
Initiate and reconcile automated funds movement in accordance with client/lender instructions
Monitor and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices
Maintenance of margin changes and proper communication to bank group
Provide information as requested by Clients, Business Partners, Middle Office, or Lenders
Monitor control reports updating applicable comments
Participate in system testing, as needed, which may occur during non-business hours
Assist with any administrative tasks associated with the terms of a Credit Agreement;
Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement verifying system set up accuracy
Back up co-workers, work with various special projects or other tasks as assigned
Minimum Requirements:
Education: Minimum undergraduate degree from an accredited university, preferably majoring in accounting, finance, economics or math. Related job and industry experience can be accepted as a substitute (2+ years)
General to intermediate accounting knowledge
Ability to manage concurrent assignments in an effective, efficient and organize manner
Ability to work independently within a team environment
Excellent oral and written communications skills and strong interpersonal/client servicing skills
Strong analytical, problem solving and proven decision-making skills
Solid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)
Must have experience reading and interpreting loan documentation or related experience dealing with legal documentation
Loan experience or loan operations is a plus
Flexible working schedule with some overtime required

If you feel you are qualified and interested in this opportunity, please share me your updated resume to selva.kumar@experis.com. I will contact you as soon as possible!  

Experis is an Equal Opportunity Employer (EOE/AA)

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