Loan Servicing Specialist

Responsibilities

Kforce has a client in Newark, DE that is seeking a detail-oriented and analytical Loan Operations Analyst to join their team. This role is responsible for administering complex commercial loan transactions, ensuring compliance with credit agreements, maintaining accurate loan accounting records, and providing exceptional service to clients, lenders, and internal business partners. The ideal candidate has strong analytical skills, experience interpreting legal loan documentation, and the ability to manage multiple priorities in a fast-paced environment.

• Process loan transactions, including fundings, repricings, and payments, in accordance with client instructions and credit agreements
• Calculate, monitor, and reconcile complex interest and fee accruals across multiple rate structures and changing lender distributions
• Reconcile daily funding and payment activity to ensure all cash transactions are accurately recorded
• Review, interpret, and apply complex credit agreements and related legal documentation, collaborating with attorneys and internal partners as needed
• Initiate and reconcile automated fund movements based on client and lender instructions
• Monitor outstanding principal, interest, and fee payments, escalating past-due items and ensuring timely and accurate client invoicing

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field preferred
• Experience in commercial loan operations, loan servicing, syndicated lending, or financial services preferred
• Strong understanding of commercial loan documentation and credit agreements
• Excellent analytical, problem-solving, and reconciliation skills
• Ability to interpret legal and financial documentation with a high degree of accuracy
• Proficiency with Microsoft Excel and loan accounting or servicing systems
• Strong organizational skills with the ability to prioritize multiple tasks and meet deadlines

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.

We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.

Note:

Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.

This job is not eligible for bonuses, incentives or commissions.

Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.