Loan Administrator

Job description

Part of the OPC-FTO Loan Operations teams located in New York and Montreal, in coordination with Business Support groups, the Loan Administrator is responsible for performing day-to-day tasks to successfully execute operations related to CACIB loan activity and ensuring the productivity and quality of the Loan Operations platform.

The Loan Administrator is also responsible for managing the local referential for the Americas and certain processes related to the Data Management unit for the Americas, as well as loan production and the daily administration and servicing of loans where CACIB acts as a participant, agent, or direct lender.

Main responsibilities

• Administer drawdowns, rollovers, repayments, pre-payments, funding, rate-fixings, fees and commission posting, external payments, collection of interest, Nostro reconciliations, and general loan portfolio administration.
• Undertake ad hoc queries and investigations and monitor associated data under the unit’s responsibility.
• Administer all facilities and associated products linked to Crédit Agricole CIB.
• Ensure business-as-usual processes are completed in a timely and efficient manner and that required controls are followed.
• Complete mandatory training and maintain the knowledge and competence required for the role.
• Ensure compliance with data quality controls, procedures, and local regulations, escalating issues, problems, and control gaps to the Team Leader.
• Undertake ad hoc duties and project work and assist with system enhancements, including User Acceptance Testing.
• Comply with applicable legal, regulatory, internal compliance, financial security, financial crime, and fraud-prevention requirements.

Education and experience

• Bachelor’s or Master’s degree in Business, Management, Information Technology, or a related discipline.
• Three to five years of experience in commercial banking operations; ACBS experience is preferred.
• Knowledge of general banking operations, including accounting, funding, Nostro movements, and cash management.
• Experience in loan administration and the ability to understand loan contract terms and conditions.

Skills

• Good analytical, organizational, interpersonal, problem-solving, and investigative skills.
• Ability to build relationships, collaborate, manage multiple stakeholders, adapt, multitask, and work under pressure.
• Clear oral and written communication skills, including communication with international Business Support groups.
• Ability to contribute to IT projects, particularly User Acceptance Testing sessions.
• Fluent English required; French is a strong asset.

About Crédit Agricole Corporate and Investment Bank

Crédit Agricole CIB is the corporate and investment bank of the Crédit Agricole group. The organization supports major companies and financial institutions in developing and financing their projects, with a focus on responsible finance and a multicultural working environment.