Senior Middle Office Analyst Credit Lending
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Job Location:
New York City, NY - USA
Monthly Salary:
Not Disclosed
Posted on:
14 hours ago
Vacancies:
1 Vacancy
Job Summary
We are seeking a Senior Middle Office Analyst Insurance Operations to lead the management of credit insurance across commercial lending and asset finance transactions. This role requires strong hands-on experience in a banking middle office environment with full ownership of insurance processes close interaction with Front Office teams and a high level of responsibility for operational risk and controls.
Role and responsibilities
- Act as the primary subject matter expert for credit insurance across all relevant lending transactions from pre-closing review (when applicable) through payment booking and ongoing monitoring.
- Oversee the calculation validation and processing of insurance premiums in line with credit agreements and insurance certificates ensuring timely payment to brokers.
- Ensure accurate booking monitoring and reconciliation of insurance-related transactions in Loan IQ (LIQ) maintaining data quality and consistency.
- Review complex insurance policies and related legal documentation interpret insurance requirements and ensure correct system setup and processing.
- Perform and validate pre-funding insurance checks including confirmation of calculations and initial broker deposits.
- Serve as the main point of contact for insurance-related matters with Front Office Middle Office Operations and external brokers.
- Monitor insurance covenants and reporting obligations proactively identifying and escalating operational risks or discrepancies.
- Drive process improvements across insurance booking reconciliation controls and reporting in coordination with internal stakeholders.
#LI-MNRK
Qualifications :
- Minimum 5 years of experience in commercial lending or asset finance operations within a commercial bank.
- Proven hands-on experience managing insurance on lending transactions.
- Bachelors degree in Finance Business or a related field.
- Strong working knowledge of Loan IQ; experience with Cash Plus and FBTI is a plus.
- Solid proficiency in Excel and PowerPoint.
- Good understanding of financial statements and comfort with financial ratio analysis.
Companys Benefits
Visa Sponsorship: Talan does not sponsor or transfer U.S. work permits or employment visas for this role.
At Talan we invest in our employees well-being and empower them with benefits including:
- The salary range for this role is US$100000 - US$130000
- 401(k) retirement plan with company matching
- 15 days of paid vacation per year at hire and up to 27 according to seniority (annual untaken vacation days are cashed out)
- 8 paid holidays 5 sick days 2 personal days per year
- Company health dental and vision insurance plans FSA
- Voluntary STD and LTD
- Commuter/transit benefits
All your information will be kept confidential according to EEO guidelines.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Financial Statement Preparation
- Credit Analysis
- Cash Flow Analysis
- Math
- Banking
- Analysis Skills
- UCC Law
- Underwriting
- Financial Analysis
- Financial Modeling
- Financial Report Interpretation
- Word Processing
About Company
Talan is an international consulting and technology expertise group that accelerates the transformation of its clients by leveraging innovation, technology, and data. For over 20 years, Talan has been advising and supporting businesses and public institutions in the implementation of ... View more
