Commercial Loan Portfolio Analyst

Business Unit: GE Commercial Finance, Corporate Financial ServicesFunction: FinanceResponsibilities: *Manage and service a portfolio of commercial loan accounts within an operations unit. Process ongoing advances, collections and related transactions (including Letters of Credit) according to credit agreement requirements.Ensure timely, accurate, and complete reconciliation of all accounts (e.g. credit limits, contractual pricing, accruals, borrowing bases, etc.). Drive prompt closure/settlement of all open/suspense items, including researching and identifying root causes.Own/drive loan terminations, securing internal/external parties' understanding, compliance and completion.Own/drive data integrity and completeness for assigned portfolio and ensure system reflects transactional history.Minimize organizational risk by following operational standard procedures, identifying suspicious/inconsistent activity, notifying appropriate parties and taking appropriate action.Monitor/report on various statistics (metrics) on your account, including past due receivables (e.g., fees, principal, expense reimbursements).In conjunction with Credit Administrator and Collateral Analyst, partner with clients, internal/external parties to resolve/prevent issues and maximize customer satisfaction.Maintain up-to-date, well-organized documentation and files.Keep knowledge current on portfolio, clients, loan accounting, operational procedures, systems and controls.Contribute to organizational projects and improvement initiatives.
REQUIREMENTS
Qualifications: Bachelors degree in finance or accounting with academic or work experience in accounting, finance or operations within financial services, (or high school diploma/GED and 3 years of experience).ELIGIBILITY REQUIREMENTS
To be considered you must apply via GECareers.com, and:Must have unrestricted authorization to work in the United States.Must be willing to work in an office in Norwalk CT (relocation not provided).Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification and background check.Desired: *Bachelors or MBA in Finance or Accounting.Experience using ACBS or related commercial loan servicing software application.Experience and knowledge of letters of credit.Syndicated loan transactions.Six Sigma Quality background/experience.Ability to communicate proactively and present effectively within a fast paced professional business environment (both in writing and verbally). Clearly articulate reasons behind a particular course of action or approach.Expertise in Excel or Access and quickly adapt to software enhancements.High level of accuracy and attention to detail.Exhibit and demonstrate urgency, accuracy, timeliness, and teamwork.Recognize non-obvious patterns in data and connect disparate pieces of information to form conclusions.Remain focused/confident in environment of uncertainty or incomplete information. Easily adapt to changes in direction.Appropriately question processes or decisions that may appear counterintuitive to efficiency or profitability.General: Conduct all ongoing commercial loan-servicing activities & cash management for a portfolio of accounts, interfacing with external borrowers, Risk Account Managers and other third partiesWe thank everyone who submits his or her resume for this opportunity. Due to the volume of resumes we receive, only candidates selected for interviews will be contacted.
GE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation.The United States has regulations that govern the hiring of current or former U.S. Government employees. If you currently work for (or have in the past) the U.S. Government (in any capacity), you may have certain responsibilities under these regulations and certain restrictions may apply to your potential employment with GE. Therefore, if you are contacted by GE regarding a position of employment, and you have worked for the U.S. Government at any time, please immediately inform the GE representative of this fact.