New York Participating Employers

About The Company:

Corporate Financial Services, a unit of GE Commercial Finance, is a leading provider
of innovative financing solutions for companies across North America and Europe,
with a growing presence in Asia. Through customer-focused business segments, CFS has more than 3,200 professionals providing over $50 billion in credit to over 8,000 corporate customers around the globe. CFS was founded in 1992 and is headquartered in Norwalk, CT.

Job Titles and Descriptions:

The CLPA role provides the opportunity to assist clients in the CLPA's portfolio by managing and servicing cash flow and asset-based loans to corporate and middle-market customers across diverse industries including: media, telecom, energy, transportation, manufacturing and distribution. CLPA's build, develop and maintain client relationships with corporate borrowers and portfolio account managers. They also create improvements in loan servicing through the collection, analysis, interpretation and presentation of portfolio data. Additionally, there are opportunities to participate in business projects.

Essential Responsibilities

*Keep knowledge current on portfolio, clients, loan accounting, operational procedures, systems and controls.

*Ensure timely, accurate, and complete reconciliation of all accounts (e.g. credit limits, contractual pricing, accruals, borrowing bases, etc.).

*Gather and drive prompt closure/settlement of all production metrics (i.e. fees, principal, expense reimbursements, loan terminations) including researching and identifying root causes.

*Minimize organization risk by leveraging operational controls, identifying suspicious/inconsistent activity, notifying appropriate parties and taking appropriate action.

*Own/drive loan terminations, securing internal/external parties' understanding, compliance and completion.

*Monitor/report on various statistics (metrics) including past due receivables (e.g., fees, principal, expense reimbursements).

*Own/drive data integrity and completeness for assigned portfolio and ensure system reflects transactional history.

Qualifications

Bachelor's Degree in Finance, Accounting, Business or Economics with academic or work experience in accounting, finance or operations within banking or financial services, (or high school diploma/GED and 3 years of experience).

*Must submit resume through www.gecareers.com to be considered for this job opening - Job # 796046

*Must have unrestricted authorization to work in the United States.

*Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check.

Desired

*Intermediate Excel Skills

*MBA

*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.

*High level of accuracy and attention to detail.

*Exhibit and demonstrate urgency, accuracy, timeliness, and teamwork.

*Ability to recognize non-obvious patterns in data and connect disparate pieces of information to form conclusions.

Credit Administrator

Serving as main point of contact on Commercial Loans, partnering with the business segments to oversee timely and accurate set up and processing of commercial loan transactions (pre-close advisement, initial funding, terminations and all other transaction modifications) according to credit agreement terms and operational procedures.

Essential Responsibilities:

* Serve as point of contact for Account Managers on all matters relating to operational servicing.

*Serve as main customer contact - take actions to maximize customer satisfaction, resolve problems and prevent issues.

*Own set-up for customer/deal related information including: documentation and communication of commercial loan initial funding, amendments, restructurings, acquisitions/ sales and terminations according to credit agreements, system parameters, regulatory requirements and ops procedures.

*Manage transition (processing handoff) to loan servicing and collateral monitoring teams upon initial funding completion.

*Execute customer accounting related activities including: reconciliation's, manual journal entries, etc. Conduct processing of non-earning assets and write-offs.

*Drive business segment
understanding/adherence to policies/procedures during closing process. Provide related business segment communication/ops systems training.

*Minimize organizational risk by leveraging operational controls, identifying suspicious/inconsistent activity, notifying appropriate parties and taking appropriate action.

*Keep knowledge current on portfolio, accounting, regulatory changes, operational policies, procedures, controls and systems.

*Serve as back up for other Credit Administrators.

*Contribute to organizational projects/improvement initiatives.

*Maintain impeccable data integrity and historical accuracy.

Qualifications

*Bachelors degree, and 1 year experience in financial or legal environment (or High School diploma/GED and 5 years of experience).

*You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.

* Must submit application for employment www.gecareers.com to be considered for this position - job number 796054

* Must have unrestricted authorization to work in the United States.

* Must be willing to comply with pre-employment screening, including but not limited to, drug testing, reference verification and background check.

Desired

*General systems related experience

*Easily navigate/utilize financial software and database applications. Quickly adapt to software enhancements.

*Intermediate Excel Skills

*MBA

*Experience in commercial lending operations (including collateral monitoring and loan servicing)

Company Website URL:

www.gelending.com