CONTRACTOR - Structured Finance Back Office Servicing Specialist

Structured Finance Back Office Servicing Specialist Contract- 6 months (w/ potential to convert to FTE) | Jersey City, NJ | Hybrid (4 Days Onsite) Mission RESPONSIBILITIES Review, verify, and authorize daily loan transactions. Perform analysis and reconciliation of fee and interest accruals. Book loans including Commercial Paper, Non-performing, and Direct/Agented facilities. Prepare notices of activities for all participants/customers for loan confirmation. Prepare and review documentation related to new borrowings, increases, rollovers, pay-downs, commitment reductions, and other loan activities prior to obtaining loan officer approval signatures. Manage the daily transfer of loan proceeds. Prepare interest and fee billings on all Direct/Agented loans, bill customers, and distribute pro-rata shares to participants. Process interest and commitment fees and investigate discrepancies as required. Perform reconciliation of Open Cash, Suspense Accounts, and Past Due processing. Profile REQUIREMENTS Mandatory Experience in Commercial Lending using the Loan IQ application. 2-5 years of relevant experience Demonstrated experience supporting a variety of lending portfolios as both Agent and Participant. Knowledge of financial products, particularly Loans, Guarantees, and Standby Letters of Credit. Knowledge of loan products and principles of cash payments in USD and foreign currencies. Strong analytical and reconciliation skills. Strong attention to detail and accuracy. Strong written and verbal communication skills. Ability to work independently. English language proficiency. Nice to Have Advanced proficiency with Loan IQ. Strong working knowledge of Microsoft Excel.