Randstad - Charlotte, NC

posted 3 months ago

Full-time - Entry Level
Charlotte, NC
Administrative and Support Services

About the position

Randstad Strategic Accounts is seeking a Syndicated Loan Operations Analyst to join a top-tier bank in Charlotte, North Carolina. This temporary position offers an hourly wage of $20 to $25 and requires a bachelor's degree. The ideal candidate will have a strong background in the banking industry, particularly in loan servicing, and will be responsible for processing customer transactions, payments, advances, and payment of fees related to syndicated loans. Unlike documentation roles, this position emphasizes hands-on servicing experience, making it essential for candidates to have direct experience with LoanIQ, a critical tool for managing loan operations. The role is designed for individuals who are eager to contribute to both personal and organizational goals within a dynamic team environment. The candidate will be expected to work from 8 AM to 5 PM during the first shift. The responsibilities include ensuring accurate processing of loan servicing tasks and collaborating with various stakeholders to maintain the integrity of loan operations. Candidates should possess a minimum of 2-5 years of experience in a large bank or financial institution, specifically dealing with syndicated, commercial, corporate, or large residential loans. The focus on servicing rather than documentation highlights the need for candidates who can navigate complex credit structures and provide exceptional operational support.

Responsibilities

  • Process customer transactions related to syndicated loans, including payments and advances.
  • Handle the payment of fees associated with loan servicing.
  • Utilize LoanIQ for day-to-day operational tasks in loan servicing.
  • Collaborate with legal counsel to ensure compliance with complex credit structures.
  • Maintain accurate records and documentation of loan servicing activities.

Requirements

  • Bachelor's degree in a relevant field.
  • 2-5 years of direct experience in a large bank or financial institution.
  • Hands-on experience with loan servicing, particularly using LoanIQ.
  • Knowledge of syndicated loans, commercial loans, corporate loans, or large residential loans.

Nice-to-haves

  • Experience with complex credit structures.
  • Familiarity with documentation processes in loan origination.

Benefits

  • Health insurance coverage.
  • 401K contribution based on eligibility.
  • Incentive and recognition program.
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