First Citizens Bank · 23 hours ago
Commercial Loan Administrator
Raleigh, NC
Full-time
Hybrid
New Grad, Entry Level
0+ years expFirst Citizens Bank is seeking a Commercial Loan Administrator to provide post-close loan administration for large syndicated cashflow participation deals. The role involves monitoring customer borrowings, processing loans and amendments, and ensuring compliance with governing documents and company policy.
BankingInsuranceLendingPaymentsWealth Management
Responsibilities
Loan servicing knowledge
Contact person responsible for all ongoing daily activity and reconciliation issues associated with assigned portfolio of approximately 60-80 deals
Monitor customer borrowings, payments, and rate setting activities
Contact agents regarding maturing loans for renewal or repayment
Process loans, deposits, commitment, and Letter of Credit facilities for cashflow deals
Process any amendment transactions by updating Loan IQ, calculating applicable fees, and applying any associated fees and/or cost allocations
Calculate quarterly and monthly fees and interest, reconciling amounts with agent banks
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
Process customer 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
Qualification
Required
Bachelor's Degree and 0 years of experience in Operations or Customer Service OR High School Diploma or GED and 4 years of experience in Operations or Customer Service
Preferred
Commercial syndicated loan experience
Knowledge of Bank operations and regulatory or legal environments
Bachelor's degree in accounting or finance related area
1+ year financial operations experience
Superior communications and multitasking skills, with the ability to interact with multiple individuals and Agent banks
Knowledge of Loan IQ
Intermediate Microsoft Office
Company
First Citizens Bank
First Citizens Bank provides banking services, essential business and professional services, wealth management capabilities, and more.
10001+ employees
H1B Sponsorship
First Citizens Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (126)
2024 (115)
2023 (249)
2022 (53)
2021 (12)
2020 (9)
Funding
Current Stage
Public CompanyTotal Funding
$33M2021-05-07Post Ipo Debt· $10M
2018-08-29Post Ipo Debt· $23M
1986-10-31IPO
Leadership Team
Frank Holding
Chairman and CEO
C
Craig Nix
Chief Financial Officer
Recent News
2026-02-03
2026-01-23
Talk Business & Politics
2026-01-16
Company data provided by crunchbase