Agency Deal Administrator

Responsible for post closing syndication, loan administration and distribution servicing of Agented deals, delivering multifaceted support services for our borrowers and investors.•Loan servicing knowledge with emphasis on agency functions. Contact person responsible for all ongoing daily activity and reconciliation issues associated with assigned portfolio of 10-20 agented deals. -Monitor customer borrowings, payments, and rate setting activities. -Contact customers in regard to maturing loans for renewal or repayment -Process loans, Euro Investments, commitment and Letter of Credit facilities for syndicated deals. -Process any amendment transactions by updating Loan IQ, calculating and distributing any applicable fees and applying any associated fees and/or cost allocations. -Calculate quarterly and monthly fees and interest, reconciling amounts with borrowers and lenders. -Monitor and reconcile any past due, suspense or account receivable items, notifying account manager of any true delinquencies. -Process all trading activity on portfolio, preparing funding memos and standard bank confirmations when necessary. -Monitor financial document tracking, following up on past due items and Updating compliance pricing ratios in Loan IQ when required. -Responsible to create and maintain Intralinks site, and post any relevant documents as required in a timely fashion. -Process borrower and lender audit confirmations in a timely manner. •Accountable to administer all loans in accordance with the terms of governing documents, relevant legislation and company policy •Support management with various inquiries and audits Bachelors Degree in business related area, or relevant experience •3-5 year financial operations experience •Superior communications and multitasking skills, with the ability to interact with multiple individuals and large bank groups. •Knowledge of Loan IQ, Intralinks and ClearPar a plus Location New York, NY Start Date: Friday, April 25, 2008 About CIT A Leading Diversified Commercial & Consumer Finance Company CIT is a leading global finance company, driving economic growth and creating opportunities for businesses and people around the world. Building on a century of experience, we provide innovative financial solutions and services-bringing knowledge, expertise and creativity to every client relationship. Learn more: www.cit.com. CIT Quick Facts Commercial & Consumer Finance Company Founded - 1908 NYSE: CIT Russell 1000 index member Fortune 500 company A component of the S&P 500 Principal offices in: New York City & Livingston, New Jersey