Citco

Vice President - Loan Operations

Citco$130K — $180K *
Wayne, PA 19087In-Person
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of experience in loan servicing or portfolio management
  • Proven leadership skills managing teams of 5-10
  • Strong analytical skills for complex bank loan security types
  • Ability to read and interpret credit agreements
  • Experience coordinating with Treasury or finance teams

Responsibilities

  • Manage a portfolio of 50-100 syndicated and bilateral loan facilities
  • Lead a team of portfolio managers to ensure optimal performance
  • Support loan administration functions and documentation preparation
  • Oversee processing of drawdowns, pay downs, and relevant fees
  • Ensure accurate collection and reconciliation of payments
  • Coordinate funding with the Treasury Desk to meet client needs
  • Conduct training for new hires in loan servicing and portfolio management processes

Benefits

  • Comprehensive health benefits including medical, dental, and vision plans
  • Opportunities for professional development and training
  • Retirement savings plan with employer match
  • Flexible work arrangements and work-life balance initiatives
  • Generous paid time off and holiday policies
Full Job Description
Job Description

Responsibilities


Your Role:

This is an analytical and multi-faceted role that requires the team member to be able to analyze and maintain a range of complex bank loan security types and lifecycle events in support of loan agency administrative functions and documentation preparation.
  • Manage multiple clients with portfolios of a syndicated and/or bilateral deal portfolio of 50-100 facilities, and all activities associated therewith to properly maintain client's portfolio.
  • Management of a team of 5-10 portfolio managers
  • Support and administer a syndicated and/or bilateral loan portfolio
  • Ability to read credit agreements preferred, support software processes
  • Oversee and monitor the accurate processing new drawdowns, pay downs, and fees for syndicated and bilateral deals
  • Ensure all monies due and payable collected and/or reconciled
  • Coordinate funding requirements with Treasury Desk for managed loan portfolio
  • Full oversight of invoicing and remittance processing
  • Maintain standard processes within a robust control environment, with an eye to continually improving or modifying same to support assigned clients
  • Support conduct training of new hires in standard processes including those without experience in loan servicing or portfolio management


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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