Analyst, Loan Operations at MidCap Financial in Bethesda, Maryland

Job description

As a growing commercial finance company, we are looking for a candidate fulfill the role as Analyst in the Loan Operations department which will include the following responsibilities

• Managing the day-to-day transactions related to a portfolio of loans

• Process daily borrowing and paydown requests; processing transaction in ACBS, notifying Portfolio Management of any issues, and setting up outgoing wires.
• Process and rollover and rate changes.
• Prepare and process internal assignments
• Review legal documents for amendments and restructures and process in ACBS as necessary
• Process new deal closings; ensuring all closing documentation is complete and accurate, booking the new customer, facilities and loan in ACBS.
• Serve as point of contact for internal and external stakeholders; fielding questions regarding credit agreement terms, payments, rates, discrepancies, etc.
• Assist in monitoring of exception reporting, cash breaks, yearly audit confirmations and other ad hoc reconciliations.

Requirements:

• BA/BS in Business, Accounting or Finance or related field
• 1-2 years of experience working in the Banking and Finance industries (preferred)
• Strong organizational skills and ability to multi-task in a fast-paced environment
• Excellent written and verbal communication skills
• Willingness to learn lending concepts, as well as form and substance of Credit Agreements and other legal documents
• Strong Microsoft Office skills; especially Excel
• Experience with/Exposure to Commercial Loan Administration software (ACBS preferred)

This job description is intended to describe the general nature and level of work expected and the basic requirements therefor. It is not intended to be an exhaustive list of all responsibilities, duties, or requirements of the position.

Physical Demands

While performing the duties of this job, the incumbent is required to sit, use hands to handle telephones, electronic equipment, papers, boxes, and the like, see, talk and hear. Specific vision abilities required by this job include close vision and the ability to adjust focus. The noise level in the work environment is usually typical of a professional workplace.

Location

The position is located in Bethesda, MD. The incumbent is expected to be able to commute to the office on a daily basis within an hour one-way using standard methods of transportation (e.g. car, bus, Metrorail).

Hours

The incumbent is required to work Monday through Friday from 8:30 am to 5:30 pm and is expected to occasionally stay late in order to complete a task. In addition, the incumbent is occasionally expected to be available after hours via telephone and/or email to assist with travel, emergency, or unexpected events.

Seniority Level

Entry level

Industry

• Financial Services

Employment Type

Full-time

Job Functions

• Finance
 
• Analyst
 
• Accounting/Auditing