Dexian
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$58,000.00/yr - $66,550.00/yr Direct message the job poster from Dexian Title: Commercial Loan Account Manager Location: Chicago, IL 60603 Hours: work schedule 8.30 - 5 pm, with OT being volume driven - mostly month and Q endings Contract to Hire Interviews taking place between August 18 – 22 Job Description
: • Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements • Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions • Reconcile daily funding and payment activity to account for all daily cash transactions • Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable • Initiate and reconcile automated funds movement in accordance with client/lender instructions • Monitor and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices • Maintenance of margin changes and proper communication to bank group • Provide information as requested by Clients, Business Partners, Middle Office, or Lenders • Monitor control reports updating applicable comments • Participate in system testing, as needed, which may occur during non-business hours • Assist with any administrative tasks associated with the terms of a Credit Agreement; • Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement verifying system set up accuracy •Back up co-workers, work with various special projects or other tasks as assigned Ideally: *** experience with credit agreements, credit analyst, or experience with complex deals Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status. Seniority level
Seniority level Entry level Employment type
Employment type Full-time Job function
Job function Finance and General Business Industries Financial Services, Investment Banking, and Banking Referrals increase your chances of interviewing at Dexian by 2x Inferred from the description for this job
Medical insurance Vision insurance Get notified when a new job is posted. Sign in to set job alerts for “Loan Servicing Specialist” roles.
Schaumburg, IL $55,000.00-$62,000.00 2 weeks ago Harwood Heights, IL $20.00-$40.00 3 weeks ago Chicago, IL $67,500.00-$111,500.00 6 days ago Commercial Loan Documentation Specialist | Part-Time | Temp to Hire
Vehicle Loan Servicing Representative - Hybrid
Loan and New Account Sales Assistant (a/k/a Financial Services Coordinator)
Chicago, IL $74,000.00-$90,000.00 3 days ago Chicago, IL $70,000.00-$115,000.00 1 hour ago Commercial Loan Documentation Specialist
Chicago, IL $50,000.00-$60,000.00 2 weeks ago Lincolnwood, IL $57,695.00-$77,889.00 3 weeks ago Chicago, IL $65,000.00-$80,000.00 1 month ago Part-Time Remote Admissions Credentials Representative
Chicago, IL $43,700.80-$55,099.20 1 week ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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$58,000.00/yr - $66,550.00/yr Direct message the job poster from Dexian Title: Commercial Loan Account Manager Location: Chicago, IL 60603 Hours: work schedule 8.30 - 5 pm, with OT being volume driven - mostly month and Q endings Contract to Hire Interviews taking place between August 18 – 22 Job Description
: • Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements • Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions • Reconcile daily funding and payment activity to account for all daily cash transactions • Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable • Initiate and reconcile automated funds movement in accordance with client/lender instructions • Monitor and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices • Maintenance of margin changes and proper communication to bank group • Provide information as requested by Clients, Business Partners, Middle Office, or Lenders • Monitor control reports updating applicable comments • Participate in system testing, as needed, which may occur during non-business hours • Assist with any administrative tasks associated with the terms of a Credit Agreement; • Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement verifying system set up accuracy •Back up co-workers, work with various special projects or other tasks as assigned Ideally: *** experience with credit agreements, credit analyst, or experience with complex deals Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status. Seniority level
Seniority level Entry level Employment type
Employment type Full-time Job function
Job function Finance and General Business Industries Financial Services, Investment Banking, and Banking Referrals increase your chances of interviewing at Dexian by 2x Inferred from the description for this job
Medical insurance Vision insurance Get notified when a new job is posted. Sign in to set job alerts for “Loan Servicing Specialist” roles.
Schaumburg, IL $55,000.00-$62,000.00 2 weeks ago Harwood Heights, IL $20.00-$40.00 3 weeks ago Chicago, IL $67,500.00-$111,500.00 6 days ago Commercial Loan Documentation Specialist | Part-Time | Temp to Hire
Vehicle Loan Servicing Representative - Hybrid
Loan and New Account Sales Assistant (a/k/a Financial Services Coordinator)
Chicago, IL $74,000.00-$90,000.00 3 days ago Chicago, IL $70,000.00-$115,000.00 1 hour ago Commercial Loan Documentation Specialist
Chicago, IL $50,000.00-$60,000.00 2 weeks ago Lincolnwood, IL $57,695.00-$77,889.00 3 weeks ago Chicago, IL $65,000.00-$80,000.00 1 month ago Part-Time Remote Admissions Credentials Representative
Chicago, IL $43,700.80-$55,099.20 1 week ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr