Citco

Assistant Vice President, Loan Servicing

Citco$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in loan servicing or related field
  • Strong analytical skills with a focus on financial statements and reporting
  • Proficient in interpreting legal loan documents and translating them into actionable items
  • Experience using loan management systems effectively
  • Demonstrated ability to manage multiple credit facilities simultaneously
  • Excellent communication skills for team collaboration

Responsibilities

  • Support a diverse portfolio of 50-100 credit facilities
  • Review and interpret loan documents, translating legal wording into calculations
  • Instruct loan processing team for the onboarding of new facilities into the loan management system
  • Ensure accurate processing of loan activity, including draws and repayments
  • Prepare and review financial statements and investor allocations
  • Monitor compliance with financial reporting covenants
  • Handle additional loan servicing tasks as needed

Benefits

  • Flexible work hours to support work-life balance
  • Opportunity for professional development and training
  • Collaborative team environment
  • Access to comprehensive health benefits
  • Employee wellness programs
Full Job Description
Job Description

Responsibilities


Your Role:

AVP in Loan Servicing will have the following duties and responsibilities, including but not limited to:
  • You will be responsible for supporting a portfolio of 50-100 various credit facilities.
  • Ability to review loan documents, such as: credit agreements, amendments, waivers, fee letters, term sheets, etc., and translate legal language into calculations
  • Provide clear instructions to loan processing team to onboard new facility/loan into loan management system and validate inputs after completion
  • Ensure accuracy of processing loan activity (draws, repayments, reallocations, scheduled and ad-hoc waterfalls)
  • Prepare and review financials statements, investors allocations
  • Monitoring of financial and reporting covenants
  • Additional loan servicing and reporting as needed


Qualifications

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

Similar Jobs

More Jobs at Citco

More Finance & Insurance Jobs

Find similar Assistant Vice President, Loan Servicing jobs: