Position Information

NY HELPNo

AgencyEmpire State Development, NYS

TitleLoan Administrator, Portfolio Management & Project Finance

Occupational CategoryFinancial, Accounting, Auditing

Salary GradeNS

Bargaining UnitNone listed

Salary RangeFrom $50000 to $50000 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Exempt Class

Travel Percentage 0%

Schedule

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 9 AM

To 5:30 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? No

Location

County New York

Street Address 633 Third Avenue

City New York

StateNY

Zip Code10017

Job Specifics

Minimum Qualifications EDUCATION & REQUIREMENTS:
Education Level required: College degree.
Relevant experience required: 2+ years of administration experience. Experience within a corporate loan accounting and billing systems environment preferred.
Knowledge required: Must have solid working knowledge of how loans operate, ability to interpret legal documents (Notes, Mortgages, Assignments, etc.), and knowledge of how to create and modify loan amortization schedules.

Duties Description BASIC FUNCTION:
Monitoring and servicing ESD’s loan portfolio; administering ESD’s annual employment review process and loan record updates; providing timely reporting to the Legal, Treasury and Controller’s departments upon request.

WORK PERFORMED:
•Monitor and maintain ESD’s loan portfolio database.
•Generate and process billing for the JDA and ESD loan portfolios.
•Process payment checks and track cash receipt account activity in order to update loan accounts on a daily basis.
•Provide monthly cash receipt activity to the Accounting department for month end General Ledger entries.
•Reconcile and resolve loan balance and payment issues with Accounting and Treasury departments to ensure sound General Ledger reporting.
•Provide the Treasury department with instructions for the monthly distribution of cash receipts to the proper program bank accounts.
•Assist ESD attorneys with satisfactions and assignments of mortgages, borrower insurance policy issues, loan repayments, file management, etc.
•Generate payoff/satisfaction letters.
•Create new project profiles in ESD’s Employment Database and record grant recapture payments.
•Obtain and maintain ESD and JDA employment records.
•Provide customer service to borrowers and grant recipients.
•Maintain records and provide copies upon request.
•Provide administrative support for department staff.

Additional Comments salary up to specified amount

Some positions may require additional credentials or a background check to verify your identity.

Contact Information

Name Maria Gately

Telephone N/A

Fax N/A

Email Address Resumes@esd.ny.gov

Address

Street 633 Third Avenue

City New York

State NY

Zip Code 10017

 

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