Formula-Based Monitoring Officer

A company is looking for a Formula-Based Monitoring Officer - Secured Credit Administration.

Key Responsibilities

Track and analyze documentation provided by borrowers as required by Loan Agreements

Review and determine compliance of borrower-provided information with formula-based requirements

Prepare reports on non-compliance and maintain records of work performed by the lending staff

Required Qualifications

Bachelor's Degree in business or four years of related experience in commercial lending / loan documentation

Commercial credit experience is required

Familiarity with commercial loan legal documents and financial statements

General understanding of loan servicing systems and procedures

Ability to read and interpret Credit Policy and Commercial Loan Agreements