Role Description
We are seeking an experienced Senior Commercial Loan Operations Specialist to support the servicing and administration of complex syndicated loans, loan participations, and capital markets credit facilities. This is a Senior-level role for someone with strong hands-on experience in commercial and syndicated loan operations who is comfortable managing high-value, complex loan transactions. The ideal candidate will have experience working within platforms such as Loan IQ, ACBS, AFS/AFSVision, or similar commercial loan servicing systems and will be confident working directly with agent banks, lending participants, and internal business partners.
Key Responsibilities
-
Manage an assigned portfolio of syndicated and participated commercial loans throughout the loan lifecycle, including funding, servicing, amendments, transfers, repayments, and payoffs.
-
Process and review advances, principal payments, interest payments, rate resets, rollovers, fees, and participant payments.
-
Review and interpret complex credit agreements, participation agreements, assignment documents, and agent notices.
-
Board and maintain complex commercial loans within systems such as AFS/AFSVision, ACBS, Loan IQ, or comparable platforms.
-
Reconcile loan balances, cash activity, lender shares, accruals, fees, and payment distributions against agent bank records.
-
Research and resolve out-of-balance loans, payment discrepancies, aged exceptions, and servicing issues.
-
Serve as a key operational contact for agent banks, co-lenders, lending participants, relationship managers, Credit, Treasury, Accounting, Finance, and Legal teams.
-
Coordinate loan amendments, restructurings, assignments, lender changes, and ownership transfers.
-
Maintain accurate, audit-ready documentation and ensure transactions follow established operational controls and regulatory requirements.
-
Serve as an escalation resource for complex loan transactions and provide guidance to less-experienced team members.
-
Identify opportunities to improve workflows, controls, and overall loan servicing processes.
Qualifications
-
5+ years of experience in commercial loan operations, syndicated loan operations, loan servicing, or capital markets operations.
-
Strong hands-on knowledge of syndicated loans and/or loan participations.
-
Experience servicing loans, including advances, payments, rate changes, interest, fees, and reconciliations.
-
Experience researching and resolving out-of-balance loans with agent banks.
-
Experience with at least one commercial loan platform such as Loan IQ, ACBS, AFS / AFSVision, or comparable commercial loan servicing system.
-
Ability to interpret complex credit and loan documentation.
-
Strong analytical and problem-solving skills.
-
Excellent written and verbal communication skills.
-
Ability to manage high-value, time-sensitive transactions accurately in a remote environment.
Preferred Qualifications
-
Bachelor's degree in Business, Finance, Accounting, or a related field.
-
Experience working directly with agent banks and lending participants.
-
Experience with syndicated loan amendments, lender assignments, restructurings, and ownership transfers.
-
Familiarity with ClearPar or other syndicated loan settlement platforms.
-
Familiarity with Loan Syndications and Trading Association (LSTA) standards or practices.
-
Previous experience serving as an SME or escalation resource within commercial loan operations.
Job Type & Location
This is a Contract position based out of New York, New York.
Pay and Benefits
The pay range for this position is $47.00 - $53.00/hr. Individual compensation offered for this position within this range will depend on many factors, including qualifications, skills, relevant experience, job knowledge, geographic location, internal equity, and other pertinent job-related factors. Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following:
-
Medical, dental & vision
-
Critical Illness, Accident, and Hospital
-
401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available
-
Life Insurance (Voluntary Life & AD&D for the employee and dependents)
-
Short and long-term disability
-
Health Spending Account (HSA)
-
Transportation benefits
-
Employee Assistance Program
-
Time Off/Leave (PTO, Vacation or Sick Leave)
Application Deadline
This position is anticipated to close on Nov 27, 2026.
Workplace Type
This is a fully remote position.