Job Board

LOCATION: NY Ops Office – 535 Madison Ave., 8th Floor, NY, NY 10022
Responsibilities:
• Update, track and follow up with customer’s financial & collateral reports due on a daily and quarterly basis to ensure they are meeting their financial requirements as per loan agreements
• Investigate and follow-up with customers and internal departments on reporting exceptions and aged/outstanding issues
• Update monthly/quarterly trend cards from borrowing base reports
• Prepare and distribute interest/fee statements for monthly settlements
• Investigate interest/fees discrepancies with internal departments and customers
• Upload and manage files
• Assist with any Ad-hoc projects
• Prepare the reporting status for weekly meeting of aged/outstanding financial reports to be followed up with action plan and update CASH-OnTrack with comments
• Upload and manage data files in the Sharefiles on a daily/monthly basis where EWB is lead agent to ensure all Participant banks have been notified accordingly
• Back up coverage on daily advances for holiday/sick leave of other colleagues
• Perform other duties as assigned
Qualifications:
• Bachelor's degree preferably in finance and/or accounting, or combination of education with working knowledge of finance/accounting
• Minimum one year experience with Asset Based Lending Collateral Monitoring and/or prior commercial lending experience
• Each team member must have knowledge of BSA/AML/OFAC laws/regulations, understand how these obligations relate to his/her role, and comply with these laws and regulations
• Efficient in use of commercial loan systems (M & I) & (OnTrack)
• Understanding of regulatory compliance regarding commercial lending