Entry Level Financial Associate (Bachelors' Degree Required)

  • location: Wilmington, DE
  • type: Contract
  • salary: $17 - $19 per hour
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job description

Entry Level Financial Associate (Bachelors' Degree Required)

job summary:
- Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements

- Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions

- Reconcile daily funding and payment activity to account for all daily cash transactions

- Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable

- Initiate and reconcile automated funds movement in accordance with client/lender instructions

- Monitor and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices

- Maintenance of margin changes and proper communication to bank group

- Provide information as requested by Clients, Business Partners, Middle Office, or Lenders

- Monitor control reports updating applicable comments

- Participate in system testing, as needed, which may occur during non-business hours

- Assist with any administrative tasks associated with the terms of a Credit Agreement;

- Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement verifying system set up accuracy

- Back up co-workers, work with various special projects or other tasks as assigned

 
location: Wilmington, Delaware
job type: Contract
salary: $17 - 19 per hour
work hours: 9 to 5
education: Bachelor's degree
experience: 1 Years
 
responsibilities:
Professional demeanor, staying on top of email, reconciling accounts,

If the lender received X amount of interest, but was expecting Y - being able to answer the questions

They work on tight deadlines to get clients funds within hours

Reading through credit agreements (100+ page documents) - no experience necessary, but willingness to learn through training

Microsoft office - Excel - they use pivots an vLookups but they train and don't need a candidate who has that experience

 
qualifications:
Application Process

Once we know you're interested, a Randstad Professionals recruiter will review your resume and contact you to better understand your skills and tell you more about the opportunity. We will meet qualified candidates face to face and our best talent interviews with the employer face to face - we will move quickly!

Interviewing now! Click Apply to submit your resume today.

 
skills: A/P Review
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

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    SEC Reporting

  • location: Wilmington, DE
  • job type: Permanent
  • salary: $75,000 - $105,000 per year
  • date posted: 8/10/2018