Loan Specialist lI

Our Organization: 

Rabo Diversified Services LLC ("RDS") is part of Rabobank, a global financial services leader providing wholesale, rural and retail banking services in more than 40 countries worldwide. Founded by Dutch farmers over a century ago, Rabobank remains true to our core mission: to create value for our customers, our employees, and the local communities where we do business. Rabobank today is one of the world’s largest banks with over $650 billion in assets. In North America, Rabobank is a premier financial institution providing services across the food and agriculture value chain. RDS’s support functions champion over 1,300 employees throughout Rabo AgriFinance and Rabobank North America Wholesale, companion Rabobank subsidiaries.  

Job Overview: 

The Loan Specialist II performs a variety of more complex “back office” functions related to servicing booked and active loans in the Direct Lending and Vendor Finance portfolios primarily dealing with internal RAF departments and customers.  Primary functions include receipts and disbursements processing and audit and review functions.

Key Responsibilities and Accountabilities:

Responsibilities under this profile are varied within the department, but generally may include but are not limited to the following areas:

Receipts Team Responsibilities

  • Prepare/Review loan payoff calculations.
  • Process buy and sell syndication transactions.  Provide accurate and timely notifications to syndication partners.
  • Process monthly repricing and notifications on participated loans.
  • Provide support to Customer Support Team and Customer Relationship Team staff inquiries.
  • Cross train and perform secondary/backup duties related to all aspects of the receipts team.
  • Complete daily balancing activities.
  • Complete system enhancement testing.
  • Maintain process and procedures of all areas of responsibility within the receipts team.
  • Calculate amortization schedules.
  • Review daily reports for processing exceptions.

Disbursements Team Responsibilities

  • Process buy and sell syndication transactions.  Provide accurate and timely notifications to syndication partners.
  • Provide support to Customer Support Team and Customer Relationship Team staff inquiries.
  • Cross train and perform secondary/backup duties related to all aspects of the disbursements team.
  • Complete system enhancement testing.
  • Maintain process and procedures of all areas of responsibility within the disbursements team.
  • Review daily reports for processing exceptions.
  • Train new associates.
  • Calculate and initiate daily ACHs and wires to investors.  Book transfers between accounts.
  • Collect, retain bank and update daily reports from US Bank and RNA, prepare journal entries.
  • Estimate and request from Treasury, daily cash needs.
  • Update Bank Transaction Journal Entries.

RISK

  • Complete all mandatory training within a timely basis, as instructed.
  • Comply with code of conduct & Bank policies/procedures.
  • Actively identify incidents outside of established policies & procedures and report to management immediately.
  • Familiar with & comply with laws, regulations, and internal policies & procedures that are applicable to required job duties.
  • Understand & comply with all RAF & Rabobank anti-money laundering (AML), compliance, and all other applicable laws, including, but not limited to, the completion of all required AML & Sanctions training.

    CULTURE & VALUES

  • Actively & consistently demonstrate RAF’s Eight Cultural Practices.

Job Skills and Knowledge: 

  • Ability to read, analyze, and interpret loan documents and loan system data fields and governmental regulations.
  • Ability to write basic business correspondence.
  • Ability to speak effectively with individual customers or employees of the Bank.
  • Ability to calculate figures and amounts such as discounts, interest, and percentages
  • Ability to solve practical problems and deal with a variety of situations where only limited standards exist.
  • Ability to interpret a variety of instructions furnished in written or oral form.

Qualifications: 

Essential:

  • Associate’s Degree in accounting, finance, or business administration with 2-5 years of experience or Bachelor’s Degree with 0-2 years of experience.
  • Working knowledge of Microsoft Office Suite required with special emphasis on Excel spreadsheet skills. 
  • Ability to independently create and maintain spreadsheets.
  • While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle, or feel objects, tools, or controls; and reach with hands and arms. The employee is occasionally required to stoop, kneel, crouch, or crawl.  The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, and color visionThe physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Desirable:

  • At least 1-3 years of work experience preferred, with emphasis in banking, finance or accounting environment.
  • Familiarity with Continuous Improvement, Six Sigma, Lean or Lean Six Sigma

We Offer: 

With healthcare and insurance costs on the rise, Rabo Diversified Services employees enjoy a first-class benefits package, featuring a selection of medical coverage and investment options to meet your personal needs. Our benefits program includes:  

  • Medical 
  • Dental 
  • Vision 
  • Health care spending account 
  • Dependent care spending account 
  • Basic life insurance plus AD&D insurance 
  • Optional life insurance 
  • Short-term disability 
  • Long-term disability 
  • 401(k) program 
  • Health and wellness seminars 
  • Tuition reimbursement  

Rabo provides equal opportunity in employment to all employees and applicants and does not discriminate on the basis of race, color, creed, religion, national origin, ancestry, alienage or citizenship status, age, sex, sexual orientation, gender identity, gender expression, marital status, genetic information, medical condition, physical or mental disability, pregnancy, childbirth or related medical condition, military service or veteran status, victims of domestic violence, or any other basis protected by applicable law.  Rabo also prohibits harassment of any individuals on any of the bases listed above.

Consistent with this policy, Rabo embraces diversity and welcomes employees and applicants of all backgrounds.  Our goal is to create an environment that is inclusive, drawing upon the strengths of the diversity of our workforce to exceed the expectations of our clients and customers.

Loan Specialist lI

Type contract Fulltime
Vakgebied Customer & Product
Land Verenigde Staten
Locatie Chesterfield
Referentienummer JR_00011522
Publicatiedatum 11 september 2019

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