Loan Setup & Funding Associate-Asset Based Lending
Posted 2025-08-15
Remote, USA
Full Time
Immediate Start
About the position
The Loan Setup & Funding Associate within Asset Based Lending is responsible for reviewing and interpreting complex loan and security agreements, coordinating deal team meetings, and ensuring smooth closing and funding of transactions. This role requires a keen understanding of loan documentation, risk identification, and effective communication with various stakeholders to facilitate efficient loan operations.
Responsibilities
• Review loan documents for accuracy compared to internal credit reporting applications and operational conditions.
,
• Analyze complex disbursement authorizations and funds flow, identifying inconsistencies and ensuring compliance with policies.
,
• Evaluate fee accounting and Loan IQ fee types, understanding their impact on the firm's general ledger.
,
• Propose optimal borrowing base structures for ongoing monitoring based on the firm's system environment.
,
• Understand depository account structures and cash movements, including funds transfer agreements and corporate resolutions.
,
• Coordinate closing and funding of transactions, ensuring loans are booked efficiently and deadlines are met.
,
• Assist in loan operations projects, analyzing existing processes and proposing improvements.
Requirements
• 1 year of Syndicated Commercial loan experience.
,
• Knowledge of loan documentation, fee accounting, and flood regulation.
,
• Superior communication and customer service skills, both verbal and written.
,
• Ability to work collaboratively in a team environment and build interpersonal relationships.
,
• Demonstrated leadership qualities and willingness to take on additional responsibilities.
Nice-to-haves
• Bachelor's Degree in accounting, finance, or general business.
,
• Knowledge of asset-based lending concepts and roles in syndications, originations, and underwriting.
,
• Familiarity with Loan IQ or similar loan systems and Microsoft applications (Excel, Word, PowerPoint).
Benefits
• Hybrid work model with 3 days in-office and 2 days remote flexibility. Apply tot his job
The Loan Setup & Funding Associate within Asset Based Lending is responsible for reviewing and interpreting complex loan and security agreements, coordinating deal team meetings, and ensuring smooth closing and funding of transactions. This role requires a keen understanding of loan documentation, risk identification, and effective communication with various stakeholders to facilitate efficient loan operations.
Responsibilities
• Review loan documents for accuracy compared to internal credit reporting applications and operational conditions.
,
• Analyze complex disbursement authorizations and funds flow, identifying inconsistencies and ensuring compliance with policies.
,
• Evaluate fee accounting and Loan IQ fee types, understanding their impact on the firm's general ledger.
,
• Propose optimal borrowing base structures for ongoing monitoring based on the firm's system environment.
,
• Understand depository account structures and cash movements, including funds transfer agreements and corporate resolutions.
,
• Coordinate closing and funding of transactions, ensuring loans are booked efficiently and deadlines are met.
,
• Assist in loan operations projects, analyzing existing processes and proposing improvements.
Requirements
• 1 year of Syndicated Commercial loan experience.
,
• Knowledge of loan documentation, fee accounting, and flood regulation.
,
• Superior communication and customer service skills, both verbal and written.
,
• Ability to work collaboratively in a team environment and build interpersonal relationships.
,
• Demonstrated leadership qualities and willingness to take on additional responsibilities.
Nice-to-haves
• Bachelor's Degree in accounting, finance, or general business.
,
• Knowledge of asset-based lending concepts and roles in syndications, originations, and underwriting.
,
• Familiarity with Loan IQ or similar loan systems and Microsoft applications (Excel, Word, PowerPoint).
Benefits
• Hybrid work model with 3 days in-office and 2 days remote flexibility. Apply tot his job