The ABL and Factors group services all bilateral loans or direct lending and syndication obligations of the Bank for the NY, CA and FL offices.  Lending is done out of the ABL and Factors area of the Bank. Job DescriptionInterpret Credit Agreements, Amendments, Notes, Line Letters, etc. and extrapolate the required information to capture the deal attributes for proper maintenance within STUCKY. (i.e., Line amount, pricing, fees, etc.)Ensure that legal documentation and other supporting documents are received, complete and fully executed, if not, follow-up with appropriate personnel in LendingProcess daily work in STUCKY, which includes: review of incoming faxes, email, and mail, processing advances, repricings and rate changes, and interest, fee and principal payments to loans on direct, participated or syndicated deals.Obtain internal approval for advances and new borrowings as required per bank policy.Interpret monthly aging, inventory, ineligibles and borrowing base certificates and update collateral values.Track monthly aging and inventory schedules.Timely collation of weekly ABL Overline report for distribution to Front Office and others areas of the bank.Review the daily postings (registers) for data input is accurate and free of errors.Perform Daily Proof preparation and process Interface file to Silverlake server for DDA entries.Perform independent processing of the EOD and Month-End procedures. Ensure the nightly batch process updates EOD files and GL entries.Communicate with internal lending officers and agent bank representatives on syndicated deals.Investigate and resolve customer inquiries and account discrepancies in timelyReconciliation interest and fee discrepancies.Ensure that all work processed meets audit and compliance requirements. Participate in department projects and initiatives as required.Assist in testing and implementation of system enhancements as required.Prepare and circulate departmental reports as assigned.Other duties as assigned.
