Loan Operations - Loan IQ Processor/Agency & Servicing
Delta Capita · New York, United States, US
Checked against recruitee — still accepting applications.
- Location
- New York, United States, US
- Type
- Full-time
- Posted
We are seeking an experienced Loan IQ Processor at the Associate to AVP level to support agency syndicated loan portfolios. This role requires hands-on expertise in agency deal setup , complex amendments , and end-to-end loan servicing for transactions where the firm acts as Administrative Agent. The position demands strong technical knowledge of Loan IQ, a solid understanding of credit agreements, and the ability to manage operational responsibilities with increasing independence and ownership.
Key Responsibilities
- Independently set up and maintain agency deals in Loan IQ, including:
1. Borrower and lender structures
2. Tranche and pricing configuration
3. Fees, schedules, and workflow events
- Process and manage complex amendments , waivers, refinancings, and restructurings in accordance with credit agreements
- Support all loan lifecycle servicing activities , including:
1. Deal closings and post-close set-up validation
2. Ongoing interest accruals, repricing, and benchmark changes
3. Drawdowns, rollovers, paydowns, and payoffs
4. Principal, interest, and fee processing
- Perform Administrative Agent–specific duties , including:
1. Coordinating lender funding and distributions
2. Processing and reconciling agency and administrative fees
3. Ensuring accurate lender allocations and notices
- Review loan documentation and translate terms accurately into Loan IQ setup and servicing events
- Investigate, escalate, and resolve operational breaks and discrepancies efficiently
- Partner with front office, legal, accounting, risk, and technology teams to support smooth deal execution and ongoing servicing
- Support audits, control reviews, and regulatory or compliance requests
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