Senior Associate, Commercial Loans
As a leading financial services and healthcare technology company based on revenue, SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.
Location : New York | Los Angeles, CA | Kansas City, MO | Union, NJ | Dallas, TX | Hybrid
Why You Will Love It Here!
- Flexibility : Hybrid Work Model & a Business Casual Dress Code, including jeans
- Your Future : 401k Matching Program, Professional Development Reimbursement
- Work / Life Balance : Flexible Personal / Vacation Time Off, Sick Leave, Paid Holidays
- Your Wellbeing : Medical, Dental, Vision, Employee Assistance Program, Parental Leave
- Diversity & Inclusion : Committed to Welcoming, Celebrating and Thriving on Diversity
- Training : Hands-On, Team-Customized, including SS&C University
- Extra Perks : Discounts on fitness clubs, travel and more!
What You Will Get To Do :
Perform daily and monthly commercial loan servicing and accounting activities, including loan balance and general ledger reconciliations, amortization schedules, accruals, and servicing-related reportingProcess and review loan cash transactions such as borrower payments, payoffs, escrow disbursements, investor sales, and other servicing events in accordance with client and regulatory requirementsMonitor loan-related cash accounts and reconcile borrower payments, resolving exceptions and servicing discrepancies in a timely mannerSet up newly originated or purchased loans in SS&C loan servicing systems, ensuring accurate data capture and seamless onboarding for borrowers and clientsServe as a point of contact for internal teams and clients, responding to inquiries related to loan activity, balances, payment application, and servicing statusAssist in the preparation, reconciliation, and review of quarterly and annual NAIC Schedule B regulatory reporting packagesTrack, collect, and maintain loan collateral and compliance documentation, including rent rolls, operating statements, covenants, and client deliverablesGenerate and distribute loan notices and borrower communications, including billing statements, maturity notices, late payment notices, payoff statements, and other servicing correspondenceSupport new client implementations and transitions, including data validation, system testing, and coordination with client stakeholders to ensure service expectations are metWhat You Will Bring :
Bachelor's degree in Accounting, Finance, or a related field36 years of experience in commercial loan servicing, loan accounting, insurance, or commercial real estate lending environmentsWorking knowledge of U.S. GAAP and / or IFRS, with experience supporting NAIC reportingExperience with investment or loan general ledger accounting strongly preferredClient-service mindset with the ability to communicate clearly and professionally with internal partners and external clientsAbility to work independently while managing multiple servicing deliverables and client deadlinesStrong analytical, organizational, and problem-solving skills with high attention to detailProficiency with Microsoft Office, including advanced Excel skillsBasic proficiency in Microsoft SQL is a plusThank you for your interest in SS&C! To further explore this opportunity, please apply through our careers page on the corporate website at www.ssctech.com / careers
SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant for employment or employee on the basis of race, color, religious creed, gender, age, marital status, sexual orientation, national origin, disability, veteran status or any other classification protected by applicable discrimination laws.
Salary is determined by various factors including, but not limited to, relevant work experience, job related knowledge, skills, abilities, business needs, and geographic regions. NY : Salary range for the position : $61,000 USD to $100,000 USD. California : Salary range for the position : $65,000 USD to $100,000 USD.