Kforce Inc
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This range is provided by Kforce Inc. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Pay range
$28.00/hr - $32.00/hr Responsibilities
Loan Administration: Initiate loan activities such as fundings, repricings, and payments in accordance with the terms of credit agreements and client instructions Interest and Fee Management: Calculate and track complex interest and fee accruals at varying rate levels, adjusting for changes in lender distributions and rate resets Cash Reconciliation: Reconcile daily funding and payment activity to ensure all cash transactions are accounted for and accurately recorded Document Interpretation: Read and interpret complex legal credit agreements and related documents; collaborate with legal teams when necessary Funds Movement: Initiate and reconcile automated funds transfers in line with client and lender instructions, ensuring timely and accurate processing Delinquency Monitoring: Track and escalate past due principal, interest, and fees; ensure loan accounting systems reflect current data and support timely invoicing System Maintenance: Maintain margin changes and communicate updates to bank groups and internal teams as required Client and Partner Support: Provide information and support to clients, middle office teams, business partners, and lenders as needed Operational Controls: Monitor and update control reports, ensuring relevant documentation is maintained and exceptions are addressed Requirements
2+ years of account management or operations experience, preferably in a fast-paced financial services environment Strong multitasking skills and ability to manage multiple priorities and deadlines Comfort reading and interpreting legal documents, including credit agreements Excellent communication and interpersonal skills High attention to detail and commitment to accuracy Preferred
Bachelor's degree in Business, Finance, Economics, or related field is a plus, but not required with relevant experience Experience with syndicated loan administration or credit products is a strong plus Basic accounting or finance knowledge (e.g., understanding of interest calculations, accruals, and cash reconciliations) Experience with financial systems or loan servicing platforms (e.g., Loan IQ) is a plus The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future. We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave. Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law. This job is not eligible for bonuses, incentives or commissions. Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status. By clicking “Apply Today” you agree to receive calls, AI-generated calls, text messages or emails from Kforce and its affiliates, and service providers. Note that if you choose to communicate with Kforce via text messaging the frequency may vary, and message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You will always have the right to cease communicating via text by using key words such as STOP. Job Details
Seniority level: Associate Employment type: Contract Job function: Finance and Sales Industries: Venture Capital and Private Equity Principals and Banking 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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$28.00/hr - $32.00/hr Responsibilities
Loan Administration: Initiate loan activities such as fundings, repricings, and payments in accordance with the terms of credit agreements and client instructions Interest and Fee Management: Calculate and track complex interest and fee accruals at varying rate levels, adjusting for changes in lender distributions and rate resets Cash Reconciliation: Reconcile daily funding and payment activity to ensure all cash transactions are accounted for and accurately recorded Document Interpretation: Read and interpret complex legal credit agreements and related documents; collaborate with legal teams when necessary Funds Movement: Initiate and reconcile automated funds transfers in line with client and lender instructions, ensuring timely and accurate processing Delinquency Monitoring: Track and escalate past due principal, interest, and fees; ensure loan accounting systems reflect current data and support timely invoicing System Maintenance: Maintain margin changes and communicate updates to bank groups and internal teams as required Client and Partner Support: Provide information and support to clients, middle office teams, business partners, and lenders as needed Operational Controls: Monitor and update control reports, ensuring relevant documentation is maintained and exceptions are addressed Requirements
2+ years of account management or operations experience, preferably in a fast-paced financial services environment Strong multitasking skills and ability to manage multiple priorities and deadlines Comfort reading and interpreting legal documents, including credit agreements Excellent communication and interpersonal skills High attention to detail and commitment to accuracy Preferred
Bachelor's degree in Business, Finance, Economics, or related field is a plus, but not required with relevant experience Experience with syndicated loan administration or credit products is a strong plus Basic accounting or finance knowledge (e.g., understanding of interest calculations, accruals, and cash reconciliations) Experience with financial systems or loan servicing platforms (e.g., Loan IQ) is a plus The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future. We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave. Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law. This job is not eligible for bonuses, incentives or commissions. Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status. By clicking “Apply Today” you agree to receive calls, AI-generated calls, text messages or emails from Kforce and its affiliates, and service providers. Note that if you choose to communicate with Kforce via text messaging the frequency may vary, and message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You will always have the right to cease communicating via text by using key words such as STOP. Job Details
Seniority level: Associate Employment type: Contract Job function: Finance and Sales Industries: Venture Capital and Private Equity Principals and Banking 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