Loan Administrator - Rabobank - New York, NY
Rabobank Group is a global financial services leader providing wholesale and retail banking, leasing, real estate, and renewable energy project financing. Founded over a century ago, Rabobank is one of the largest and safest banks in the world, with nearly $1 trillion in assets and operations in more than 40 countries, and ranks among the highest rated private banks by Standard & Poor’s and Moody’s. Rabobank is a premier bank to the international food and agriculture industry, as well as a leading financier of solar, wind, bioenergy, and energy infrastructure projects.
In the Americas, Rabobank is present in the United States, Argentina, Brazil, Canada, Chile, Mexico, and Paraguay, providing both retail and wholesale banking services as well as real estate and leasing services. The bank’s wholesale banking products focus on these banking areas:
Lending and Credit
Trade and Commodity Finance
Acquisition Finance
Renewable Energy and Infrastructure Finance
Global Client Solutions
Mergers & Acquisitions Advisory
Food & Agribusiness Research and Advisory
Capital Markets
Your Function:
The Loan Administrator position is responsible for providing dedicated Commercial Loan processing and other banking services to Americas Offices within and outside the United States (Atlanta, Chicago, Dallas, San Francisco, Canada, Mexico).
Loan Administrators work in teams on a shared portfolio with tasks being assigned to each member of the team to service the portfolio. Loan Administrator work closely with front office, clients, agents, and other Corporate Banking departments (Operation Control, Trade Finance Services, FX/MM/Derivatives/Fund Transfer, etc.). Loan Support Group is part of the Global ITOPS Division and utilizes centralized platforms located in our Head Office.
Key Responsibilities and Accountabilities:
Analyze the term sheet and process all related transactions based on terms and conditions stated within the term sheet.
Department policies and procedures are adhered to and data input is accurate.
Ability to respond or escalate to Team Leader variety of questions/inquires from Front Offices, Customers, Manager and/or other departments in a timely and thorough manner.
Communicate effectively both verbally and written and provide all information requested to clients
Resolve basic routine problems; referring more difficult problems to team leaders for resolution.
Capability to work well with team members, members in the department and with members of other departments in order to administrate customer transactions accurately and efficiently and to achieve team/department goals.
Ability to manage one’s time effectively with limited supervision.
Responsible for a broad range of tasks (operational, reconciliations, customer services, and accounting-related).
Maintain complete and accurate records of transactions in accordance with departmental and the bank’s polices and procedures.
Assist all members of the department in meeting established goals by assisting with answering phones, addressing correspondences/inquires and overflow processing when needed
Ability to maintain confidentiality of sensitive information
Your Profile:
Job Skills and Knowledge:
Essential
Basic understanding of banking, industry practices. Ability to manage assigned tasks.
Ability to work well with internal and external customers.
Capability to work well with members of other departments in order to administrate customer transactions accurately and efficiently.
Good verbal and written communication skills.
Bilingual (English/Spanish)
Ability to manage one’s time effectively with minimum supervision.
Desirable:
Knowledge of ACBS
Basic Accounting
Qualifications:
Essential:
Minimum 1 year of banking/financial industry.
Demonstrated capability with excel and other Microsoft application. Must be able to independently create and maintain spreadsheets.
Proven ability to work under pressure
Proven communication skills
Proven understanding of accounting
Desirable:
ACBS Loan System is a plus
Bilingual (English & Spanish) is a plus
We Offer:
Rabobank New York Branch offers a comprehensive benefits program that is among the finest in the industry featuring:
Medical/Dental/Vision Plans
Defined Contribution (401k) Plan with Employer Match
Paid Vacation based on position and length of service
Life and Disability Insurance
Health and Dependent Care Flexible Spending Plans
Transportation Reimbursement Incentive Plan
Educational Assistance Program
Also offering:
Portable Voluntary Benefits including Pet Insurance
Automobile and Homeowner’s Insurance
Cancer Protection Plan
Legal Insurance Plan
Optional Life and Disability Insurance
Interested?
Qualified candidates who are interested in this role are encouraged to apply directly online including their resume and related documents. If you have any questions, you can email Rachel.Marshalsea@Rabobank.com .
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