Loan Control Associate

Mizuho

Mizuho

Loan Control Associate

Jersey City, NJ
Full Time
Paid
  • Responsibilities

    1. SUMMARY:

    Will provide control and administrative support required by all Mizuho Bank credit related deals

    2. RESPONSIBILITIES:

    (1) General Duties

    • On a daily basis reconcile ACBS (Loan), Lease Wave (Leasing), Flex Cube (General Ledger), OBS (Treasury) and MTS (Payment) systems using daily exception reports

    • Responsible for the daily and monthly reconciliation of various suspense accounts. This includes following-up on any discrepancies to ensure that all necessary entries are processed in ACBS and Lease Wave.

    • Investigate and resolve system related problems or errors in ACBS and Lease Wave.

    • Input transaction as required in ACBS and Lease Wave.

    • Posting of Treasury Payable payments to Lease Wave

    • Creation of wire transfer and book transfer requests in e-banking

    • Monitor Accounts Payable and Cash Receipts journal entry creation for posting to General Ledger

    • On-line filing of Sales and Use tax returns in various State and Local jurisdictions

    • Processing of payment memo’s and recordation for SG&A expenses

    • Monitor Arrows and People Soft request/reporting

    • From time to time, assist with various intra/inter division departmental projects to provide requested information.

    (2) Exception Duties (As requested by Unit Head)

    • Perform periodic data integrity checks/quality assurance checks

    • Other duties and projects as assigned

    (3) Compliance

    • Obtain a basic understanding of the applicable rules and regulations that govern the Bank. Understand that all questions and/or clarification about such rules and regulations should be directed to the Americas Legal and Compliance Division. Attend Annual Compliance Training presented by the Americas Legal and Compliance Division. Read and respond as necessary to all compliance-related reference and directive materials received. Comply with the Bank’s “Code of Conduct”.

    • Ensure that all credit deals remain compliant with covenant and originally approved conditions, and with bank and regulatory requirements

    • Designated as person responsible for reporting potentially prohibited transaction(s) (OFAC related) upon detection

    3. QUALIFICATIONS:

    • Undergraduate degree with 3-5 years of experience managing loan/lease products

    • Experience with loan/lease operating systems (ACBS/Loan IQ and Lease Wave preferred)

    • Experience with syndicated loan administration

    • Experience with compliance in a lending area

    • Experience with Loan Sales and Trading

    • Proficient in management of lending/leasing products

    • Consultative skills

    • Competent written and oral communications skills

    • Organizational skills

    • Ability to identify and solve problems

    The expected base salary ranges from $62,000 - $80,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

    Other requirements

    Mizuho has in place a remote working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations.

    Company Overview

    Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. Mizuho’s operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), which is comprised of offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Learn more at mizuhoamericas.com.

    Mizuho Americas offers a competitive total rewards package.

    We are an EEO/AA Employer -M/F/Disability/Veteran.

    We participate in the E-Verify program.

    We maintain a drug-free workplace and perform pre-employment substance abuse testing.

  • Industry
    Financial Services
  • About Us

    We are a leading global bank, with one of the largest customer bases in Japan, and a global network of financial and business centers. We continue to pride ourselves on our "customer first" principle as a centerpiece in servicing both our individual and corporate customers, with the goal of becoming their most trusted bank.