IMI CIB - Loan Operation Specialist

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Scope and Purpose

• Processing Loan openings, closings and rollovers in SIRE or LoanIQ
• Ensure loan related transactions are properly entered in SIRE or LoanIQ
• Processing discounts, acceptances and Trade Bills, including Supply Chain receivables purchased via various trading platforms
• Adherence to/completion of AML/OFAC controls including monitoring for “red flags” and referring to Compliance Department as needed
• Ensure client and participant notices/confirmations (loans, interest and/or fees) are completed and forwarded in a timely manner
• Tracking and controlling the receipt and payment of principal and interest
• Tracking and controlling receipt and payment of loan fees, including but not limited to commitment fees, agent fees, facility fees, etc. Investigating and reporting discrepancies
• Tracking and controlling facilities in which the bank acts as the agent Bank
• Reconciliation of receivable settlements including buffer accounts where appropriate
• Clear open items and daily exceptions
• Maintaining operational loan files as well as archiving
• Follow-up late payments, missing interest and/or fees with clients or agent banks, as required
• Enter upfront/amendment fee information in LoanIQ
• Enter LIQ Form information in LoanIQ

Required Experience

3-5 years of experience in this role

Required Qualifications, Skills and Knowledge

• Bachelor’s degree in finance, accounting, economics
• Complete knowledge of loan processing, practices, applications and procedures.
• Understanding of loan products including receivables, syndicated facilities and fee structures.
• Thorough knowledge of BSA/AML/OFAC rules and regulations, KYC policies and procedures.
• Proficient in Microsoft Office suite of products - especially Excel - and the use of Loan IQ for loan processing
• Detail oriented in order to identify discrepancies in notices and payments
• They must be proficient in the reconciliation of “Nostro”, and Sundry accounts.

The salary range for this position is 80k - 120k $

About us

We are the leading banking group in Italy and one of the Top Tier in Europe. Join us and be part of our successful story!

With over 20 million customers in Italy and abroad, we are a true engine of sustainable growth, with a strong commitment to the environment and a tangible impact on society. People are our driving force. We take care of them and foster an inclusive culture where everyone feels valued and empowered.

Join an international and innovative Group. Don't wait for the future, choose it!

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We guarantee an inclusive and equal environment. We will consider all applicants regardless of race, religion, sexual orientation, gender identity, marital status, national origin, age, disability, or any other protected category in compliance to D.lgs. 198/2006, 215/03 and 216/03.

For the evaluation of the application, the data will be processed by Intesa Sanpaolo S.p.A. as Data Controller. We invite you to review the dedicated Privacy Information Notic e for more details.