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Senior Boarding Specialist, Commercial & Wholesale Operations
Reading, United States of America
WHAT YOU WILL BE DOING
The Commercial Loan Operations Boarding team is responsible for interpreting commercial loan documents and booking the loans to AFS. The position requires team members with above-average analytical and processing skills in order to support high-profile accounts. The new loan production has shifted to more complicated deals, in particular Syndication loans, which require a higher-level Senior Boarding Specialist who can interpret the complex documents and set up complicated loan structures.
The primary function of the Senior Boarding Specialist, Commercial & Wholesale Operations is loan/letter of credit booking, funding, payments, and maintenance for the defined lines of business, or executing related controls, utilizing the systems and processes defined by management. The incumbent handles analytical components (i.e., interpreting credit agreements) related to various loan/fee accruals, calculations as well as ongoing/ad-hoc reconciliation and remediation, for commercial loan/letter of credit products, which include new loans, modifications, and extensions.
Responsibilities