Citco

Assistant Vice President, Loan Servicing

Citco$90K — $120K *
Wayne, PA 19087In-Person
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-10 years of experience in loan servicing or related field
  • Strong understanding of credit facilities and loan documentation
  • Proficient in financial analysis and reporting
  • Excellent attention to detail and organizational skills
  • Ability to interpret and translate legal agreements into practical applications

Responsibilities

  • Manage a diverse portfolio of 50-100 credit facilities
  • Review and interpret complex loan documents
  • Guide loan processing team in onboarding new loans
  • Ensure accurate processing of all loan activities
  • Prepare and evaluate financial statements and investor allocations
  • Monitor compliance with financial and reporting covenants
  • Perform additional loan servicing and reporting tasks as required

Benefits

  • Opportunities for professional growth and advancement
  • Supportive team environment
  • Access to continuing education and training programs
  • Flexible work schedule options
  • Comprehensive healthcare and 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

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