Operations - Loan Administration

Intesa Sanpaolo is the banking group leader in Italy. Assisting more than 14,6 milion of retail customers through a network of 5360 branches, it significantly supports the development of Companies and gives an important sustain to the country's growth. The Group has a selected retail banking presence in Central and Eastern Europe, the Middle East and North Africa, with approximately 1,000 branches and 7.2 million customers in 12 countries. _Intesa Sanpaolo is also present in 25 countries in support of its corporate customers’ cross-border business._It is looking for new qualify profiles who want to face demanding and challenging career path with the following requirements:

Scope and Purpose

• Process Loan openings, closing, rollovers and Time deposits • Process discounts, acceptances and Trade Bills, including Supply Chain receivables purchased via various trading platforms. • Adhere to/completion of AML/OFAC controls including monitoring for "red flags" and referring to Compliance Department as needed. • Track and control the receipt and payment of principal and interest. • Track and control receipt and payment of loan fees, including but not limited to commitment fees, agent fees, facility fees, etc. Investigating and reporting discrepancies. • Track and control facilities in which the bank acts as the agent Bank. • Reconcile receivable settlements including buffer accounts where appropriate. • Maintain operational loan files as well as archiving. • Provide training to department staff as required. • Monitor daily workflow progress for team members. • Reconcile Promissory Notes on a quarterly basis. • Act as back-up for other functions in the department under the direction of the supervisor

Required Experience

• 8-10 years previous experience in the area of Loan Processing and Booking procedures for a bank or financial institution • Associate Level Degree in Accounting, Finance or Economics with appropriate industry experience; Bachelor's Degree preferred • A combination of practical experience in the technical discipline coupled with an appropriate educational background is necessary for the position • Comprehensive knowledge of BSA/AML/OFAC rules and regulations; KYC policies and procedures • Proven Knowledge of a Bank's control environment and its policies and procedures, including specific knowledge of and adherence to a bank's Operation Guidelines • Practical knowledge and experience with Loan IQ system

Required Qualifications, Skills and Knowledge

• Thorough knowledge of Loan Processing practices, applications and procedures • Detailed knowledge of loan products including receivables, syndicated facilities and fee structures • Proficient at applying critical thinking and analytical skills • Effective interpersonal, verbal and written communication skills to deal with a wide variety of internal staff such as Loan Officers, Treasury personnel and a wide variety of external counterparties including, agent banks concerning the processing of loans and funds transfer • Exceptional work ethic with the capability to work independently or as part of a team to meet strict deadlines. • Outstanding organizational and follow-up skills • Natural ability to multitask and work in a fast-paced environment. • Detail-oriented and accurate in order to identify discrepancies in notices and payments. • Proficient in the reconciliation of "Nostro" accounts • Excellent PC skills with a proficiency in Microsoft Word and Excel.

The salary range for this job offer would be 90k - 110k $

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