Operations Intermediate Specialist- Loan Services
Job ID: BH388385
Specialty: Accounting & Finance
- Operations Intermediate Specialist to join our Private Banking Services team. This is a mid-level position with direct responsibility for the processing of Commercial Letters of Credit, Standby Letters of Credit and Bank Guarantees under approved Credit facilities as well as Documentary Collections in support of the firm’s business lines. S/he is a subject matter specialist typically dealing with moderately complex issues as they relate to his/her area of focus. Tasks include; processing transactions in accordance with ICC Rules and with company Credit and Compliance Policies in mind, authenticating client instructions, data processing, reporting, and reconciliation, faxing, e-mailing, filing and communicating with other departments, operations groups, account managers and clients. This position will also contribute to projects.
- Some of your key responsibilities include: 1. Transaction Processing Process transactions such as Commercial Letters of Credit, Standby Letters of Credit and Bank Guarantees under approved Credit facilities as well as Documentary Collections Verify the accuracy of the processed transactions by specialists Manage daily volume. Perform intraday and end of day reconciliation of daily work Help to ensure all deadlines and requirements are being met2. Client Service Provide superior client service Ensure timely response to internal and external requests Follow up on open inquiries3. Risk Management Help to Identify and document errors in an effort to reduce exposure. Process transactions in accordance with ICC Rules and with company Credit and Compliance Policies Interact with other departments on resolution of issues Communicate professionally and constructively to effectively resolve issues in order to minimize risk and exposure4. Other Gain efficiencies to improve individual productivity Contribute to Division or Firm process improvement activities. Assist in the development and production of monthly management reporting Assist team members with day to day activities when needed/providing backup
- Qualifications: – BS/BA degree or equivalent work experience.- 3 to 5 years of Loan or Trade Services experience- Proven Knowledge of one or more product area within Operations and its process -Knowledge of Loan Syndications and Participations along with basic demand loan type facilities-Ability to perform technical responsibilities of the job with a high level of competence-Aptitude for thorough and timely research, analysis and resolution of a problem-Ability to communicate professionally though effective verbal and written skills- Demonstrates organizational skills and an attention to detail.- Ability to multi-task and effectively juggle assignments- Ability to work in a team environment.- Ability to meet deadlines and work under pressure.- Proactive self starter who is goal oriented.
The Planet Group of Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.