Loan Operations Specialist
$70 - $100 per hourKorn Ferry
Our client, a large Life & Annuity company, needs a subject matter expert in the end-to-end bank loan lifecycle to document, and optimize their end-to-end bank loan process from a finance and accounting standpoint. The environment has limited documentation and high reliance on one key individual; this role will formalize process, strengthen controls, and improve operational efficiency.
The ideal candidate has deep experience across the primary and/or secondary bank loan process, including hands-on experience with ClearPar as a system of record.
This is a hands-on process optimization / execution-focused engagement.
This is a remote, W2 hourly interim position with Korn Ferry's client and will require working East Coast hours.
Core Objectives
- Document the end-to-end bank loan lifecycle (origination through settlement and ongoing servicing)
- Design and implement controls, accounting alignment, and governance SOPs
- Identify and execute on operational efficiency opportunities
- Reduce key-person risk and increase scalability
Key Responsibilities
Process Documentation & Standardization
- Map the full bank loan lifecycle (front, middle, back office)
- Identify gaps, workarounds, and undocumented dependencies
- Develop formal process documentation and operating playbooks
- Create role clarity and RACI alignment
Controls & Governance
- Assess current-state controls (preventative and detective)
- Align operational workflows with accounting requirements
- Develop and formalize SOPs and escalation protocols
- Ensure ClearPar usage aligns with policy and regulatory standards
Operational Efficiency
- Evaluate handoffs, redundancies, bottlenecks
- Optimize workflows within ClearPar
- Recommend automation or integration enhancements
- Improve reporting and transparency
Required Experience
- 8-15+ years in bank loan operations (institutional setting)
- Deep knowledge of the end-to-end loan trade lifecycle
- Hands-on experience with ClearPar
- Strong understanding of loan accounting, settlements, and controls
- Experience documenting and formalizing poorly defined processes
- Ability to work independently in environments lacking structure
Location
Remote
Compensation
$70/hr.-$100/hr.
About Korn Ferry
Korn Ferry unleashes potential in people, teams, and organizations. We work with our clients to design optimal organization structures, roles, and responsibilities. We help them hire the right people and advise them on how to reward and motivate their workforce while developing professionals as they navigate and advance their careers. To learn more, please visit Korn Ferry at
#J-18808-LjbffrVacancy posted 2 days ago
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