Citco

Assistant Vice President, Loan Operations (Multiple Opportunities)

Citco$76K — $100K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Accounting, or Economics with 5-8 years' experience in loan administration
  • At least 2 years of experience in people management
  • In-depth knowledge of various loan products including syndicated, bilateral, and structured credit loans
  • Strong analytical skills with attention to detail
  • Demonstrated communication and interpersonal skills
  • Ability to organize and prioritize in a deadline-focused environment
  • Proficient in Excel and Word, capable of learning new applications quickly

Responsibilities

  • Manage operations for syndicated and private debt portfolios
  • Ensure timely and accurate client deliverables
  • Monitor processing of loan lifecycle activities
  • Supervise a small team of analysts/associates
  • Review and validate credit agreements for loan system setup
  • Identify and investigate discrepancies in loan records
  • Coordinate effectively with internal departments to resolve loan-related issues

Benefits

  • Comprehensive medical, dental, and vision coverage
  • Short and long-term disability benefits
  • Retirement savings plan
  • Tuition reimbursement
  • Mental health and wellness support
  • Parental leave
  • Annual discretionary bonus potential based on performance
Full Job Description
Job Description

Responsibilities

Your Role:

This is an analytical role that requires the team member to manage and oversee the processing and operations of both syndicated and private loans and to effectively communicate with clients and internal teams. This role requires the team member to understand complex loan product types and different trading strategies across their clients' portfolios.
  • Manage daily operations of syndicated and/or private debt portfolios, including direct lending, middle market credit and real estate debt transactions
  • Ensure client deliverables are met timely and accurately
  • Oversee and monitor accurate processing of loan lifecycle activity
  • Manage a team of approximately 2-3 analysts/associates
  • Review credit agreements and other loan documentation to ensure proper setup and processing in the loan system
  • Maintain daily work-flow while adhering to set deadlines
  • Identify and investigate accrual, position, and cash breaks to Loan Servicers and Agents
  • Interact effectively with internal departments to resolve issues pertaining to loans
  • Actively work with multiple departments across the firm to drive results and deliverables
  • Contribute to implementation of procedural enhancements to improve daily tasks and reconciliation processes


Qualifications

About You:
  • Bachelor's Degree in Finance, Accounting, Economics or other related subject with a minimum of 5-8 years' experience in loan administration
  • Minimum of 2 years of people management experience
  • Product Knowledge: Syndicated Loans, Bi-lateral Loans, Direct Lending, Whole Loans, Structured Credit, Commercial and Industrial Loans, Middle Market Credit, Real Estate loans, Asset Backed Credit
  • Strong analytical and problem solving skills, attention to detail
  • Committed team player with excellent communication and interpersonal skills
  • Detail focused with the ability to multi-task
  • Self-started, takes initiative
  • Ability to learn new applications and source information from numerous systems
  • Ability to work effectively in a team environment
  • Ability to organize and prioritize tasks, and to work in a deadline-focused organization
  • Flexible, adaptive, professional style - capable of working in a fast paced, dynamic environment
  • Strong computer skills, in particular with Excel and Word, and aptitude to learn new skills

Salary Range: $76,000 - 100,000

Our Benefits

Your well-being is of paramount importance and central to our success here at Citco. Citco offers a comprehensive and competitive total rewards package to support your career success and personal needs. Your base salary will be determined by several factors such as the role, experience, skillset, market conditions, etc. Furthermore, qualifying positions can participate in an annual discretionary bonus pool based on company profitability and individual contributions. Our comprehensive benefits package includes medical, dental, and vision coverage, short and long-term disability benefits, a retirement savings plan, tuition reimbursement, mental health and wellness support, parental leave, and more. Additional details about our total rewards package will be shared during the hiring process.

Please note that this job description is not intended to be all-inclusive. Our employees may perform other job-related duties as needed to meet the ongoing needs of our organization.

About Citco

Citco is a financial services company that provides fund administration, custody, and banking services to institutional investors and alternative investment managers. The company was founded in 1948 and is headquartered in the British Virgin Islands. Citco has a global presence with offices in over 40 countries. The company's mission is to provide innovative and reliable financial solutions to its clients.
Learn more about Citco
Size
10,000 employees
Industry

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