HSBC Careers Near Me – Senior Loan Associate

Website HSBC

Job Description:

Senior Analyst will be part of a loan administration team assisting with implementation of RFR {Risk Free Rates}. The position requires adherence to strict deadlines, timely processing of payments. Analyst must be an expert to advanced user of Loan IQ system. Seeking for experienced individual in closing, servicing, primary, secondary, and 3rd party trading.

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Job Responsibilities:

  • Execute and manage Loan Portfolio in multi-currency.
  • Develop a detailed understanding of RFR Market concepts and practices
  • Construct deal structures in Loan IQ including amending existing deal structures
  • Responsible for analyzing and understanding loan agreements and related documentation
  • Manage shared team functions and team email boxes.
  • Trouble-shoot basic Loan IQ functional problems/issues
  • Communicate and support all inquiries from City Office team.
  • Review and drive break resolution identified in reconciliations, either for daily or month-end reporting purposes
  • Provide support to the Lender and Borrower by addressing all inquiries timely.
  • Train junior Loans Administration Analyst(s)
  • Other work includes projects and any remediation efforts, as assigned.
  • Perform loan servicing for different types of loans, which includes Syndicated and Bi-Lateral Loans, collateral management, and escrow accounts

Job Requirements:

  • Ability to multi task, manage time and meet deadlines.
  • Excellent written and verbal communication
  • ClearPar technology experience is a plus
  • Proficiency in LIQ usage, including building and amending existing deal structures, and loan administration.
  • Strong process and operational risk understanding
  • Familiarity with RFR operations process

Job Details:

Company: HSBC

Vacancy Type: Full Time

Job Location: Jersey City, NJ, US

Application Deadline: N/A

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