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Strong Tier-1 bank plus hybrid model increases competition, but senior 7+ years requirement reduces qualified applicant pool.
Loan servicing and banking operations are industry-specific, limiting transferability across unrelated sectors.
Explicit 7+ years loan operations requirement and domain-specific banking skills make shortlisting fairly strict.
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Review and process loan transactions including principal, interest, and fees using the loan accounting system.
Initiate and manage cash movements through internal transfers and Fed wire/SWIFT.
Reconcile general ledger and demand deposit accounts, ensuring timely documentation of discrepancies.
7+ years of loan operations and servicing support experience.
General understanding of accounting required.
Proficiency in Microsoft Excel mandatory.
Work Experience Required: 7+ years in loan operations and servicing support.
Experienced in loan servicing within banking or financial services domain, preferably with prior lending knowledge.
Able to manage and prioritize multiple transactions under tight deadlines with good organizational skills.
Operational focus on accuracy in transaction processing and account reconciliation in a high-volume environment.