Citco

Vice President, Loan Servicing

Citco$130K — $180K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in bank loan management or a related field
  • Strong analytical skills to evaluate complex loan portfolio dynamics
  • Experience managing teams of 5-10 across various functions
  • Proficient in reading and interpreting credit agreements
  • Knowledge of administrative functions within loan servicing environments
  • Familiarity with financial processes including drawdowns and invoicing

Responsibilities

  • Manage a diverse client portfolio of syndicated and bilateral loan facilities
  • Supervise and lead a team of portfolio managers
  • Administer and support loan portfolio functions effectively
  • Oversee processing of new drawdowns, pay downs, and applicable fees
  • Ensure timely collection and reconciliation of all due payments
  • Coordinate funding needs with the Treasury Desk
  • Maintain robust processes within a strong control environment
  • Conduct training for new hires in loan servicing procedures

Benefits

  • Opportunities for professional development
  • Supportive work environment
  • Focus on continuous improvement and innovation
  • Access to experienced mentors within the organization
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.
  • You will 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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