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Commercial Loan Administrator

ApTask, New York, NY, United States


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
PREFERRED QUALIFICATIONS

Prior experience at a bulge-bracket or large regional bank in a loan operations or loan servicing role (in the big banks)
Experience with structured credit products: CLO warehouses, CRE warehouses, subscription finance / capital call facilities
Experience with Microsoft Dynamics or similar case management / workflow tools

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