Senior Analyst, Commercial Loan Closer (NYC).

Operations Senior Analyst Loan Closer

The Operations Senior Analyst Loan Closer will work out of our New York office and must be capable of handling set-up responsibilities, initial funding day activities and process loan modifications in Loan IQ or other commercial lending system. The individual must also have a strong understanding of all Know Your Customer (KYC), Anti-Money Laundering (AML) and Flood Insurance requirements for closing new deals and loan modifications. Individuals at this level work independently and have the skills necessary for handling more complex set-ups, loan modifications and deal closings.

The Work Itself:

• Perform the detailed review of the Legal Agreement and Underwriting Approval documents to obtain pricing /handling requirements, loan structures and pertinent information to perform Deal Set-up activities ensuring the accurate recognition borrower balances, client income and servicing requirements.
• Well versed on the time sensitive nature of Initial Funding activities and Equity Co-Invest payments made with the Loan Closing process.
• Process all loan modifications including complex restructures
• Process all loan assignments as part of loan syndication or movement within co-lender funds
• Complete new deal set-up activities including review, finalize and validate set-up requirements prior to a scheduled funding to ensure closing day activities are handled smoothly according to identified processing deadlines.
• Perform Operational set-up activities according to identified new deal timeframes, the business need and divisional operating procedure.
• Perform all KYC, AML and Flood Insurance work required to close deals in accordance with Ally CF policies and procedure.
• Complete handling requirements "review and sign-off" sessions with the assigned Operations Servicing team members to ensure go-forward accurate handling of new accounts, pricing/handling changes and account restructuring activities.
• Knowledge of SOFR loan setup/repricing's.
• Basic Knowledge of Letter of Credit (LC) Fees and Renewals related to the set-up of new deals and impact on loan modifications
• Well versed in Operations Policies and Procedures including the appropriate user training manuals for internal and external systems utilized. This process includes scheduled internal reviews of key procedures to ensure overall audit and SOX compliance.

The Skills You Bring

How We'll Have Your Back:

• Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).
• Planning for the Future: plan for the near and long term with an industry-leading 401K retirement savings plan with matching and company contributions, student loan pay downs and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and financial learning center and financial coach access.
• Supporting your Health & Well-being: flexible health and insurance options including medical, dental and vision, employee, spouse and child life insurance, short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, and a total well-being program that helps you and your family stay on track physically, socially, emotionally, and financially.
• Building a Family: adoption, surrogacy and fertility assistance as well as paid parental and caregiver leave, Dependent Day Care FSA back-up child and adult/elder care days and childcare discounts.
• Work-Life Integration: other benefits including Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers program and other employee discount programs.
• Other compensations: depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and/or equity.
• To view more detailed information about Ally's Total Rewards, please visit this link.

Who We Are:

Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit

Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.

We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at hrpolicy@ally.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.

Base Pay Range: $85000 - $150000 USD An individual's position in the range is determined by the specific role, the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer. Incentive Compensation: This position is eligible to participate in our annual incentive plan.