Loan Processor NY

Volt Management Corp • New York, NY • 1h ago

Build Your Future With VOLT Volt is immediately hiring for Loan Processor in New York, NY. As a Loan Processor you will: Book new loan faciities in LoanIQ based on credit agreement terms, including deal, facility, and loan-level hierarchy setup. Extract and input key commercial terms from credit agreements: pricing grids, commitment amounts, maturity dates, repayment schedules, borrowing base structures, financial covenants Set up deal economics accurately to support correct regulatory capital calculation, risk exposure, and credit availability Coordinate with front office, legal counsel, and product control on deal closing mechanics and funding instructions Skills required for a Loan Processor: Minimum 3-4 years of hands-on experience in syndicated loan operations at a bank, fund administrator, or financial institution Direct, daily working experience with LoanIQ - this is non-negotiable. Candidates must be able to navigate deal/facility/loan hierarchies, process servicing events, and troubleshoot system issues independently Demonstrated experience in at least two of the following three areas: loan booking/deal setup, participant servicing, agency servicing Understanding of SOFR-based lending conventions, including rate lookback mechanics, compounding methods, and fallback provisions Ability to read and interpret credit agreements, amendments, and agent notices to extract operational terms Strong attention to detail in a high-volume, deadline-driven environment This is a Contract Opportunity Fully Onsite 8:00AM - 5:00PM Pay Rate: $48.00 per hour based on skill level *Pay range offered to a successful candidate will be based on several factors, including the candidate's education, work experience, work location, specific job duties, certifications, etc. Qualified candidates should APPLY NOW for immediate consideration! Please hit APPLY to provide the required information, and we will be back in touch as soon as possible. Benefits: Volt offers benefits (based on eligibility) that include the following: health, dental, vision, term life, short term disability, AD&D, 401(k), Sick time, and other @types of paid leaves (as required by law), Employee Assistance Program (EAP). Volt is an Equal Opportunity Employer and prohibits any kind of unlawful discrimination and harassment. Volt is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment on the basis of race, color, religion or belief, national origin, citizenship, social or ethnic origin, sex, age, physical or mental disability, veteran status, marital status, domestic partner status, sexual orientation, or any other status protected by the statutes, rules, and regulations in the locations where it operates. If you are an individual with a disability and need a reasonable accommodation to assist with your job search or application for employment, please email hr_dept@volt.com or call (866) -898-0005. Please indicate the specifics of the assistance needed. Volt does not discriminate against applicants based on citizenship status, immigration status, or national origin, in accordance with 8 U.S.C. 1324b. The company will consider for employment qualified applicants with arrest and conviction records in a manner that complies with the San Francisco Fair Chance Ordinance, the Los Angeles Fair Chance Initiative for Hiring Ordinance, and other applicable laws. By applying for this job, you agree to receive calls, AI-generated calls, text messages, or emails from VOLT and its affiliates, and contracted partners. Frequency varies for text messages. Message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You can reply STOP to cancel and HELP for help. You can access our privacy policy at volt-information-sciences-privacy-policy.pdf Apply here: https://www.aplitrak.com/?adid=YmJnZW5lcmljLjAzNTQ4LjEwNDE3QHZvbHRjb21wLmFwbGl0cmFrLmNvbQ

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