Loan Administration Team Lead – Asset-Based Lending
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Overview
Job Description
Loan Administration Team Lead – Asset-Based Lending
To Apply Now – email your resume to job-knemkq7d-1e4ngrk82rw3kdm@sagedata.io
Who: Finance and banking professionals with 3+ years of Asset-Based Lending (ABL) experience and prior team leadership background.
What: Lead loan booking, syndication management, settlements, reconciliations, and operational oversight across a complex lending portfolio.
When: Full-Time.
Where: Location details shared during interview process.
Why: Play a critical leadership role overseeing loan administration accuracy, portfolio integrity, and coordination across accounting, treasury, borrowers, and banking partners.
Salary: $120,000 – $225,000 base + discretionary performance-based bonus.
Role Overview
The Loan Administration Team Lead is responsible for booking, maintaining, and monitoring all loan entries within a proprietary loan monitoring platform. This position oversees operational accuracy across the portfolio, manages syndication and participation activity, ensures timely settlements, and partners closely with Accounting, Treasury, Credit, and Collateral teams.
Key Responsibilities
Loan Setup & Maintenance
Set up new loans based on Handling Guides and review loan documentation
Maintain interest tables and ensure accurate month-end borrower statements
Monitor SOFR contract expirations, continuations, and conversions
Syndication & Participation Management
Set up and maintain syndications in proprietary loan monitoring system
Post settlement entries, interest/fee adjustments, and loan reallocations
Calculate interest and fees manually as required
Prepare and distribute syndication notices
Monitor settlements and coordinate with Treasury
Respond to borrower and bank group inquiries
Operational & Administrative Oversight
Process letters of credit
Maintain exception reporting and coordinate collateral documentation updates
Interface with Accounting on loan payoffs, vendor payments, GL reconciliations, and account setup
Reconcile deposits and transaction-related fees
Maintain communication with internal teams and senior management
Support Operations Manager and team initiatives
Qualifications
Bachelor’s degree in Accounting, Finance, or Business AdministrationOR 3+ years of accounting/operations experience in a bank or finance company
Minimum 3 years of Asset-Based Lending (ABL) experience
Prior team management experience
Proficiency in Microsoft Office Suite
Strong analytical and mathematical aptitude
Exceptional attention to detail and accuracy
Ability to manage multiple priorities in a fast-paced environment
Strong communication skills and professional discretion
Compensation
Base Salary: $120,000 – $225,000
Eligible for discretionary performance-based bonus
Placement within range based on experience and qualifications
To Apply Now – email your resume to job-knemkq7d-1e4ngrk82rw3kdm@sagedata.io
Loan Administration Team Lead managing ABL portfolio, syndications, settlements, reconciliations, and loan operations with leadership experience required.
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Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.