Contractor-Operations-Hourly - Mitchell Martin : Job Details

Our client, a diversity certified, and woman owned staffing and talent solution leader, is seeking a Contractor-Operations-Hourly Location: Jersey City, NJ Position Type: Contract MAIN RESPONSIBILITIES:

• Liaise with front officers for timely receipt of new and amended documentation (FC1-ODJ, Credit Approval, Mtier Support Memo, Financing Agreements, etc) for the creation of counterparty financings in the Bank's systems
• Communicate and coordinate with various internal stakeholders, agents, lenders, and clients, as needed.
• Extract pertinent data from the financing documentation (i.e., Credit and other Agreements/Contracts) as well as internal credit approval for input into the bank's tracking systems/spreadsheets for continued end-to-end deal monitoring.
• Ensure the terms of the financing are in accordance with conditions stipulated by internal credit committee(s).
• Extract names and addresses from financing documents; i.e. Key Stakeholders & Other Parties, and input into the Bank's compliance tracking system used to perform screenings, per sanction and regulatory guidelines.
• Perform timely pre-onboarding controls (FiSaC checklist, IFRS9, MSCQ).
• Review facility collateral/guarantee and covenant compliance data and subsequent activity to ensure conformity to internal and external support documentation as well as update applicable systems/spreadsheets/document repository.
• Confirm line availability by providing authorization on utilizations (loans/LC's), ensuring no breach of limits.
• Monitor and action upcoming event dates, as well as provide follow-up on past due items.
• Monitor exception reports and resolve inconsistencies with respective parties.
• Escalate potential problems or seek clarification as appropriate.
• Production of closing and associated funding notices to borrowers and lenders.
• Creation of wire transfer payments associated with the closings, per documentation.
• Perform ad-hoc tasks/projects as directed by management.

• BS Economics, Finance or other related field of study
• Strong written and verbal communication skills
• Analytical and detail oriented
• Ability to work independently and prioritize multiple tasks, work under time pressure constraints and to take ownership for the completion of tasks.
• Ability to exercise good judgment in dealing with unforeseen circumstances while maintaining compliance with established policies and controls.
• Experience in middle office and/or operations environment preferable