US Bank loan Operations - Loan IQ - NY region

Mizuho Global Services Pvt Ltd (MGS) is a subsidiary company of Mizuho Bank, Ltd, which is one of the largest banks or so called Mega Banks of Japan. MGS was established in the year 2020 as part of Mizuho long-term strategy of creating a captive global processing center for remotely handling banking and IT related operations of Mizuho Banks domestic and overseas offices and Mizuhos group companies across the globe.

At Mizuho we are committed to a culture that is driven by ethical values and supports diversity in all its forms for its talent pool. Direction of MGSs development is paved by its three key pillars, which are Mutual Respect, Discipline and Transparency, which are set as the baseline of every process and operation carried out at MGS.

Whats in it for you?

• Immense exposure and learning
• Excellent career growth
• Company of highly passionate leaders and mentors
• Ability to build things from scratch

Know more about MGS: -

https://www.mizuhogroup.com/asia-pacific/mizuho-global-services

Position: -Global Loan Operation(Bilateral & Syndication loan + LoanIQ)

Job Location: - Chennai- Perungudi world trade center

5 Days Work from office

Shift :- Evening shifts 6.30 pm to 4.30 am

We are looking for experienced candidate who has hands on experience in us bank loan syndication/bilateral loan & LoanIQ

Job responsibility: -

• US Syndication / Bilateral Loan Processing

1. Validate and process loan transactions on ACBS / Loan IQ, Along with other applications to accomplish daily functions
2. The approver is responsible for perform loan processing, including drawdowns, renewals, interest and fee claims and secondary loan closing settlement.
3. The end state process requires the approver to work extensively on ACBS system to perform all the above functions
4. Meeting loan application deadlines and Monitoring
5. Tasks needed to complete and validate/process applications
6. Funding request to be validate & preparation as an when needed
7. Payment validation & processing
8. Monitoring & verify settlement of fees to clear received funds for particular facilities/Deal

• Notice management /ISA Recon

1. Incoming notices from agent to be check and monitor
2. Perform/Validate the events & information mention in notices
3. Apart from these, The approver should also be work on reconciliations, Data validation in system, SOD, EOD control and various other reports as deemed necessary

• Other responsibilities

1. Validate/process and check the booking and settlement of the operations handled by the section, for instance, Syndicated/Agent loans Etc.
2. Monitor, Perform to arrange for necessary fund disbursement Etc
3. Alert head of Department of operation and control deficiencies.
4. Answer the general enquiries of internal and external parties in relation to the sections operations
5. Updating and check loan agreements, Loan confirmation Etc
6. Support Loan Operations section to conduct the daily operations, solve issues, promote customer satisfaction and perform all other administrative tasks in order to be in line

Qualification:- B.com / MBA

Experience:- Relevant exp between 2- 4years in bilateral & syndication loan+ LoanIQ mandatory.

Interested can apply for this job

Thanks!

MGS- HR