International Bank is seeking a banking operations back office support officer to join their New York City Office. Requirements: This hire will have 2-4 years of loan administration experience, and bilingual fluency in Mandarin/English. Experience in wholesale banking, syndication loan familiarity and working in a bank’s operational department is highly preferred.
Responsibilities:
- Back office operations support officer will use the core banking system to process loan and treasury transactions.
- Responsible for accounts opening and closure as front office inquiries, maintaining accurate and up to date customer information.
- Interact closely with front office and agent banks to provide excellent customer service.
- Successfully process syndicated and bilateral loan transactions on a timely basis. Check details of loan tickets; input deals into system; update and reconcile the loan schedule with the relevant department, settle the principal/interest/fee with counterparty on due date; resolve any discrepancies and compensation-related issues.
- Maintain transaction and customer files as required.
- Review daily/monthly reports and perform reconciliations.
- Review loan documents (i.e. credit agreement) to ensure data integrity and approval.
- Operations Officer will be proactive to support special projects of new products, system testing and business continuity program.
- Complete all mandatory policy and procedure trainings and assessment.
- Undertake duties and tasks assigned by management from time to time.
- Perform backup function as required.
Requirements:
- Bachelor’s degree or equivalent.
- Requires two to four plus years loan administration experience.
- Bilingual in English and Mandarin is required.
- Experience in wholesale banking, syndication loan familiarity and working in a bank’s operational department is highly preferred.
- Work experience of L/C and trade finance is a plus.
- Bilingual in English and Mandarin is required.
- Excellent organizational, analytical, problem solving and communication skills.
- Ability to perform job functions accurately and with attention to detail.
- Strong sense of initiative, team work and collaboration.
- Fast learner for new products and system and high proficiency in computer skills.
- Ability to work efficiently in a multi-task, high-volume environment.
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