Bank Of America Team Leader 

India, Tamil Nadu, Chennai 

579546848

Job Description

Look to perform Input all the servicing/Settlement activities.

Setting up new credit arrangements and loans to ensure timely funding of borrowing requests.

Manage periodic rate changes, rate rollovers, advances, billing, conversions, fee, letter of credit activity and other inquiries.

Serve as primary point of contact for request related to administration of large corporate credits.

Responsible for accurate data input to various ancillary credit or operating systems is required e.g.

ACBS/Loan Runner WTQ, Cash Manager and Right fax.

Position requires proficiency with numbers to ensure accurate loan commitment, interest; fee and principal payments are recorded. Manage escalations and ensure time resolution to avoid any financial and reputational risks.

Should have understanding of secondary loan trading market. Ensure that all intraday and end of day checklists are maintained correctly and sign-off to confirm completion of tasks.

Undertake necessary steps to ensure that any required reporting requests are fulfilled.

Loan servicing & Settlements administration with a good working knowledge of ACBS/Loan IQ / similar platform for a loan servicing or settlement process. Organized, efficient, self managed in key areas. Able to work under pressure & tight deadlines

Responsibilities

• Look to perform Input all the servicing/Settlement activities.
• Setting up new credit arrangements and loans to ensure timely funding of borrowing requests.
• Manage periodic rate changes, rate rollovers, advances, billing, conversions, fee, letter of credit activity and other inquiries.
• Serve as primary point of contact for request related to administration of large corporate credits.
• Responsible for accurate data input to various ancillary credit or operating systems is required e.g.
• ACBS/Loan Runner WTQ, Cash Manager and Right fax.
• Position requires proficiency with numbers to ensure accurate loan commitment, interest; fee and principal payments are recorded. Manage escalations and ensure time resolution to avoid any financial and reputational risks.
• Should have understanding of secondary loan trading market. Ensure that all intraday and end of day checklists are maintained correctly and sign-off to confirm completion of tasks.
• Undertake necessary steps to ensure that any required reporting requests are fulfilled.
• Loan servicing & Settlements administration with a good working knowledge of ACBS/Loan IQ / similar platform for a loan servicing or settlement process. Organized, efficient, self managed in key areas. Able to work under pressure & tight deadlines

Requirements

• Education : Graduation / Post Graduation

• Certifications If any : NA
• Experience Range 5+ Years

Foundational skills:

• Good Communication Skills
• Knowledge of Loan Syndication Secondary Market

Desired skills:

• Good to advanced knowledge of MS EXCEL
• Knowledge of Loan IQ application

7.30PM -4.30AM