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Loan Servicing Analyst

Learn more about Barclays
Barclays

Barclays

Loan Servicing Analyst

Whippany, NJ
Full Time
Paid
  • Responsibilities

    Loans Analyst
    Whippany, NJ

    As a Barclays Loans Analyst, you will be managing a portfolio of syndicated lending transactions. This is an exciting opportunity to be able to account for performing all the servicing activities required, creating MIS and reconcilements reports, attesting to account balances and reviewing Credit Agreements, Credit Sanctions, and other client documents as required.

    Barclays is one of the world's largest and most respected financial institutions, established in 1690, with a legacy of success, quality, and innovation. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

    At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home. We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.

    What will you be doing?

    • Executing requests from clients with respect to terms of agreed facilities, including draw downs, repayments, rollovers, wire transfers, treasury fundings, deposits, and investigations
    • Being responsible for ensuring that fees, interest, and principal amortization are billed and collected and forwarded to participant/syndicate members as appropriate
    • Reviewing daily action of control and exception reports and ensuring breaks are researched and resolved per agreed department standard
    • Communicating with stakeholders inside and outside of the Loans group to resolve “Breaks” and discrepancies highlighted in various reports published daily/weekly/etc
    • Providing cross training to colleagues on function and systems
    • Participating in system testing which may fall outside of business hours
    • Backing up co-workers and assisting with adhoc projects and assignments

    What we’re looking for:

    • Bachelor’s Degree in any area
    • One plus year experience in banking or financial services firm
    • Excellent customer service skills
    • An independent individual who is self-motivating and needs little supervision daily

    Skills that will help you in the role:

    • Knowledge and experience working on a syndicated loan operations team
    • Working knowledge of lending systems (ACBS, ClearPar, IHS Markit Applications, Loan IQ, payments systems)
    • Exceptional Microsoft Office suite and software, in particular MS Excel
    • Ability to prioritize and perform in fast paced, changing environment

    Where will you be working?

    At Barclays, we are proud to be redefining the future of finance and here at Whippany we are defining the future of the workplace and the future of the way we work and live. We are creating a unique community, one of four strategic tech-enabled hubs that will redefine opportunity for everyone who works here. Whatever you do at Whippany, you’ll have every chance to build a world-class career in this world-class environment.

  • Industry
    Banking
  • About Us

    We’re a global, vital and highly respected financial organisation with an inspiring Purpose. Operating in 50 countries and employing around 83,000 people across the world, we help communities, individuals and businesses thrive. And we’ve created financial solutions and technology that the world now takes for granted. A career with us can offer incredible variety, depth and breadth of experience, and the chance to learn from some of the best minds in technology and finance.