Commercial Loan Servicing Associate

We are seeking a highly motivated individual to join a Private Equity firm client of ours as a Loan Servicing Specialist. The ideal candidate must have experience and will be responsible for the following:Initiate loan activity (funding, repricing, payments) as instructed by the client in accordance with the credit agreement(s)Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributionsReconcile daily funding and payment activity to account for all daily cash transactionsRead and interpret complex legal credit agreements and related documentation, working with attorneys when applicableInitiate and reconcile automated funds movement in accordance with client/lender instructionsMonitor and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate voicesMaintenance of margin changes and proper communication to bank groupProvide information as requested by Clients, Business Partners, Middle Office, or LendersRequirements 3+ years of experience in credit monitoring and analysis with an understanding of accounting principles, financial statements and income tax returnsBachelor’s degree in Finance, Accounting, Economics or related fieldCommercial lending or monitoring experience with a focus on small business loansAbility to commute to Boca Raton as it is not a Remote role.