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Loan Administrator

  • Montreal, QC, Canada

Contract

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Job details

Job type
Contract
Apply by
Experience
3 to 5 years of experience Experience of Loans Administration and the ability to understand terms and conditions of loans contracts - Mandatory
Posting language
English
Posted

Original job description

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

More about this job

Responsibilities

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.

Skills

  • 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

Visa sponsorship

Not detected in the job text

Hiring contact

Manish Jakhar

Hiring contact email

mjakhar@webmsi.com

Categories

  • Finance & Accounting
  • Administrative

Keywords

  • Loan Administration
  • Commercial Banking
  • Loan Facilities
  • Drawdowns
  • Rollovers
  • Repayments
  • Prepayments
  • Funding
  • Rate Fixings
  • Fees and Commissions
  • External Payments
  • Interest Collection
  • Nostro Reconciliation
  • Cash Management
  • Accounting
  • ACBS
  • UAT
  • Business-As-Usual Processes
  • Loan Portfolio
  • Stakeholder Management
  • Problem Solving
  • Investigations
  • Data Monitoring
  • IT Projects

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