Loan Administrator

Job summary

Administer commercial loan facilities and related products, including drawdowns, rollovers, repayments, prepayments, funding, rate fixings, fees, payments, and reconciliations. Maintain timely and controlled day-to-day operations, monitor portfolio data, and handle ad hoc queries, investigations, and IT-led project activities such as UAT.

Job details

Hello , We have the following openings at Montreal Canada Hybrid. Kindly send your updated resume if interested at mjakhar@webmsi.com and you may reach out to me at 248-233-6240. Job Title Loan Administrator Location Montreal, Canada Hybrid Duration 12+ months and possible Contract-To-Hire any time after 90 days JOB DESCRIPTION: must have skills : 3 to 5 years of experience Experience of Loans Administration and the ability to understand terms and conditions of loans contracts - Mandatory Sound knowledge of general banking operations to include Accounting Funding Nostro movements and Cash management- Mandatory Ability to deal with multiple stakeholders Adaptable flexible Be able to operate in project mode ie contribute to projects run by IT mainly UAT sessions Communication Communicating clearly and concisely tailoring content Bachelors or Masters degree in fields related to Business Management Information technology or a related discipline 3 to 5 years of experience in commercial banking operations Mandatory ACBS Experience preferred Good analytical organizational and interpersonal skill Ability to build strong relationship and foster collaboration among team members Ability to communicate fluently and clearly orally and in writing Ability to deal with multiple stakeholders Adaptable flexible Fluent English and other foreign languages appreciated Experience of Loans Administration and the ability to understand terms and conditions of loans contracts Mandatory Sound knowledge of general banking operations to include Accounting Funding Nostro movements and Cash management Mandatory Problem solving and investigative skills to undertake analysis resolve issues problems related to loans operations Be able to operate in project mode ie contribute to projects run by IT mainly UAT sessions Communication Communicating clearly and concisely tailoring content and style promoting free flowing communication with others Day-to-day Tasks and Operations Administering Drawdowns Rollovers Repayments Prepayments Funding Rate Fixings Fees and Commission posting External payments collection of interest Nostro Reconciliations general administration related to the loan’s portfolio managed along with undertaking ADHOC queries and investigations monitoring all associated data under responsibility of the unit The jobholder will have day-to-day responsibility for the administration of all facilities and associated products linked with these for CIB Ensuring that all Business-as-usual processes are undertaken in a timely and efficient manner and necessary controls are . US holidays to be followed Working hours 9am to 6pm flexible hours potential support during nonworking days Working from Home WFH Voluntary basis for up to 2 days per week after 2 months of joining subject to managers discretion Regards, Manish Jakhar Millennium Software Inc. Cell: 248-233-6240 2000 Town Center, Suite 300, Southfield, MI, 48075 Visit us at www.webmsi.com

What you’ll do

Administer commercial loan facilities and related products, including drawdowns, rollovers, repayments, prepayments, funding, rate fixings, fees, payments, and reconciliations. Maintain timely and controlled day-to-day operations, monitor portfolio data, and handle ad hoc queries, investigations, and IT-led project activities such as UAT.

Requirements

Requires 3–5 years of experience in loan administration and commercial banking operations, including the ability to interpret loan contract terms and knowledge of accounting, funding, Nostro movements, and cash management. A bachelor’s or master’s degree in business management, information technology, or a related discipline is specified; ACBS experience is preferred, along with strong analytical, communication, problem-solving, and stakeholder collaboration skills.

Listed skills

• Accounting · Preferred
• Problem solving · Preferred
• Stakeholder Management · Preferred
• Communication · Preferred
• interpersonal skills · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Loan Administration
• Commercial Banking Operations
• Loan Contract Interpretation
• Accounting
• Funding
• Nostro Reconciliation
• Cash Management
• ACBS
• UAT
• Problem Solving
• Analytical Skills
• Stakeholder Management
• Communication
• Organizational Skills
• Interpersonal Skills

Job areas

• Finance & Accounting
• Administrative

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