Agency Senior Servicing Analyst, Syndicated Loan Portfolio

Posted 8 months ago
Job closed
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Agency Senior Servicing Analyst, Syndicated Loan Portfolio

BMO - Financial Services company

  • Chicago, IL
$80,000 - $90,000/year
Exact compensation may vary based on skills, experience, and location.
40 hrs/wk
Permanent (w2)
Remote work partially (60%)
Travel not required
Start date
November 18, 2024
Superpower
Finance
Capabilities
Private client wealth
Transaction (deal) advisor services
Preferred skills
Loan Agreements
Loan Servicing Systems
Portfolio Management
Loan Servicing
Business Objectives
Effective Coach
Quality Control
Planning
Change Management Planning
Multitasking
Influencing Skills
Scheduling
Group Dynamics
Stakeholder Management
Communication Planning
Writing
Data-Driven Decision Making
Commercial Lending
Business Strategies
Change Management
Team Performance Management
Problem Solving
Retail Banking
Preferred industry experience
Financial Services
Experience level
5 - 8 years of experience

Job description

The Mom Project is proud to support our client, a retail banking institution based in Chicago, with their search for an Agency Senior Servicing Analyst to join their team!

This role provides loan servicing and monitoring support for corporate and commercial lending portfolios in a professional and timely manner. Delivers agreed lending/financing services as specified in the credit agreement/approval and ensures all required policies, guidelines and standards are met.


Responsibilities:

  • Addresses more complex escalated customer requests and transactions or escalates with recommendations.
  • Provides advice and guidance to assigned business/group on implementation of solutions.
  • Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
  • Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
  • Participates in defining the communication plan designed to positively influence or change behavior; develops tailored messaging; and identifies appropriate distribution channels.
  • May act as Team Lead and assist manager in activities such as coordination and scheduling of work, workload management, resource forecasting, quality control, training, coaching team members and problem resolution.
  • Processes more complex transactions and activities.
  • Researches and resolves discrepancies and issues or escalates to manager, as required.
  • Provides input into the planning and implementation of operational programs.
  • Provides input to manager in relation to team performance discussions.
  • Leads/participates in the design, implementation and management of core business/group processes.
  • Identifies business needs, designs/develops tools and training programs; may include delivery of training to audiences.
  • Acts as the day to day contact for vendors; supports the implementation, maintenance, and sustainment of vendor solutions.
  • Collaborates to execute loan servicing and monitoring requests.
  • Prepares customer notifications and billings, and processes services and transactions including (but not limited to) loan advances/payments, wire transfers, billing for principal/interest/fees, monitoring collateral positions, financial exceptions, etc.
  • Executes and manages documentation to ensure that records are maintained in a proper manner.
  • Analyzes data and information to provide insights and recommendations.
  • Collaborates with internal and external stakeholders to deliver on business objectives.
  • Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.
  • Builds effective relationships with internal/external stakeholders.
  • Focus is primarily on business/group within the company; may have broader, enterprise-wide focus.
  • Exercises judgment to identify, diagnose, and solve problems within given rules.
  • Works independently on a range of complex tasks, which may include unique situations.
  • Broader work or accountabilities may be assigned as needed.


Qualifications:

  • Typically between 3 to 5 years of relevant experience and post-secondary degree in a related field of study a plus or an equivalent combination of education and experience.
  • Syndicated Loan experience required
  • Loan IQ required
  • In-depth knowledge and understanding of business unit’s products and services, processes and controls
  • Knowledge of standard desktop applications (i.e. Excel, etc.) and department systems and applications – In-depth.
  • In-depth understanding of business unit’s risk and regulatory requirements
  • Ability to multitask in a fast paced environment.
  • Technical proficiency gained through education and/or business experience.
  • Excellent verbal & written communication skills
  • Strong collaboration & team skills
  • In-depth analytical and problem solving skills
  • Strong Influencing skills
  • Excellent data driven decision making skills
Salary: $80,000 - $90,000


Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents the company's expected target for the first year in this position.


Hours and Location
  • Monday - Friday, 40 hours/week
  • Hybrid - Chicago, IL (in office 2x/week. Possible 5 days per week down the road; must be flexible)

All applicants applying for U.S. job openings must be legally authorized to work in the United States and are required to have U.S. residency at the time of application.

If you are a person with a disability needing assistance with the application, or at any point in the hiring process, please contact us at support@themomproject.com.