Job Description
Senior Associate, Commercial Loan Servicing
Location: Los Angeles, CA | Hybrid
Why You Will Love It Here!
• Flexibility: Hybrid Work Model & a Business Casual Dress Code, including jeans
• Your Future: 401k Matching Program, Professional Development Reimbursement
• Work/Life Balance: Flexible Personal/Vacation Time Off, Sick Leave, Paid Holidays
• Your Wellbeing: Medical, Dental, Vision, Employee Assistance Program, Parental Leave
• Wide Ranging Perspectives: Committed to Celebrating the Variety of Backgrounds, Talents and Experiences of Our Employees
• Training: Hands-On, Team-Customized, including SS&C University
• Extra Perks: Discounts on fitness clubs, travel and more!
What You Will Get To Do:
• Perform daily and monthly commercial loan servicing and accounting activities, including loan balance and general ledger reconciliations, amortization schedules, accruals, and servicing-related reporting
• Process and review loan cash transactions such as borrower payments, payoffs, escrow disbursements, investor sales, and other servicing events in accordance with client and regulatory requirements
• Monitor loan-related cash accounts and reconcile borrower payments, resolving exceptions and servicing discrepancies in a timely manner
• Set up newly originated or purchased loans in SS&C loan servicing systems, ensuring accurate data capture and seamless onboarding for borrowers and clients
• Serve as a point of contact for internal teams and clients, responding to inquiries related to loan activity, balances, payment application, and servicing status
• Assist in the preparation, reconciliation, and review of quarterly and annual NAIC Schedule B regulatory reporting packages
• Track, collect, and maintain loan collateral and compliance documentation, including rent rolls, operating statements, covenants, and client deliverables
• Generate and distribute loan notices and borrower communications, including billing statements, maturity notices, late payment notices, payoff statements, and other servicing correspondence
• Support new client implementations and transitions, including data validation, system testing, and coordination with client stakeholders to ensure service expectations are met
What You Will Bring:
• Bachelor’s degree in Accounting, Finance, or a related field
• 3–6 years of experience in commercial loan servicing, loan accounting, insurance, or commercial real estate lending environments
• Working knowledge of U.S. GAAP and/or IFRS, with experience supporting NAIC reporting
• Experience with investment or loan general ledger accounting strongly preferred
• Client-service mindset with the ability to communicate clearly and professionally with internal partners and external clients
• Ability to work independently while managing multiple servicing deliverables and client deadlines
• Strong analytical, organizational, and problem-solving skills with high attention to detail
• Proficiency with Microsoft Office, including advanced Excel skills
• Basic proficiency in Microsoft SQL is a plus
Thank you for your interest in SS&C! To further explore this opportunity, please apply through our careers page on the corporate website at www.ssctech.com/careers
Location: Los Angeles, CA | Hybrid
Why You Will Love It Here!
• Flexibility: Hybrid Work Model & a Business Casual Dress Code, including jeans
• Your Future: 401k Matching Program, Professional Development Reimbursement
• Work/Life Balance: Flexible Personal/Vacation Time Off, Sick Leave, Paid Holidays
• Your Wellbeing: Medical, Dental, Vision, Employee Assistance Program, Parental Leave
• Wide Ranging Perspectives: Committed to Celebrating the Variety of Backgrounds, Talents and Experiences of Our Employees
• Training: Hands-On, Team-Customized, including SS&C University
• Extra Perks: Discounts on fitness clubs, travel and more!
What You Will Get To Do:
• Perform daily and monthly commercial loan servicing and accounting activities, including loan balance and general ledger reconciliations, amortization schedules, accruals, and servicing-related reporting
• Process and review loan cash transactions such as borrower payments, payoffs, escrow disbursements, investor sales, and other servicing events in accordance with client and regulatory requirements
• Monitor loan-related cash accounts and reconcile borrower payments, resolving exceptions and servicing discrepancies in a timely manner
• Set up newly originated or purchased loans in SS&C loan servicing systems, ensuring accurate data capture and seamless onboarding for borrowers and clients
• Serve as a point of contact for internal teams and clients, responding to inquiries related to loan activity, balances, payment application, and servicing status
• Assist in the preparation, reconciliation, and review of quarterly and annual NAIC Schedule B regulatory reporting packages
• Track, collect, and maintain loan collateral and compliance documentation, including rent rolls, operating statements, covenants, and client deliverables
• Generate and distribute loan notices and borrower communications, including billing statements, maturity notices, late payment notices, payoff statements, and other servicing correspondence
• Support new client implementations and transitions, including data validation, system testing, and coordination with client stakeholders to ensure service expectations are met
What You Will Bring:
• Bachelor’s degree in Accounting, Finance, or a related field
• 3–6 years of experience in commercial loan servicing, loan accounting, insurance, or commercial real estate lending environments
• Working knowledge of U.S. GAAP and/or IFRS, with experience supporting NAIC reporting
• Experience with investment or loan general ledger accounting strongly preferred
• Client-service mindset with the ability to communicate clearly and professionally with internal partners and external clients
• Ability to work independently while managing multiple servicing deliverables and client deadlines
• Strong analytical, organizational, and problem-solving skills with high attention to detail
• Proficiency with Microsoft Office, including advanced Excel skills
• Basic proficiency in Microsoft SQL is a plus
Thank you for your interest in SS&C! To further explore this opportunity, please apply through our careers page on the corporate website at www.ssctech.com/careers
💡 Quick Summary
Seeking a career-building opportunity? The Senior Associate, Commercial Loan Servicing position is now open for candidates interested in the Bank Jobs sector. This role in Los Angeles offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
