Vice President, Loan Operations
Vice President, Loan Operations
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Job Description
About Citco
Citco is a global leader in fund services corporate governance and related asset services with staff across 50 office locations worldwide. With more than $1.8 trillion in assets under administration we deliver end-to-end solutions and exceptional service to meet our clients needs.
For more information about Citco please visit
About the Team & Business Line:
Fund Administration is Citcos core business and our alternative asset and accounting service is one of the industrys most respected. Our continuous investment in learning and technology solutions means our people are equipped to deliver a seamless client experience.
As a core member of our Loan operation team you will be working with some of the industrys most accomplished professionals to deliver award-winning services for the worlds largest alterative credit lenders. Citcos total loan portfolio exceeds 100B across a variety of asset and loan types including publicly traded bank debt private syndications middle market transactions and commercial real estate. We provide shadow and direct loan agency.
About the 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 loan security types and lifecycle events in support of loan operations functions.
You will be responsible for the oversight of a team of over 20 offshore full-time employees in executing the daily tasks associated with the full lifecycle of loan operations including but not limited to:
- Manage a client with an extensive portfolio comprised of various loan types and all lifecycle activities associated therewith to properly maintain the clients portfolio
- Provide daily oversight of a team of over 20 offshore analysts/associates/managers
- Ensure internal and externals deliverables are met timely and accurately
- Assist on the onboarding of new loans and/or portfolios including the setup and testing of additional workflows as needed
- Review loan agreements and complete term sheet abstract for onboarding to loan system
- Oversee and monitor the accurate processing of loan lifecycle activity including borrowings repayments and fees via notices and/or servicer data feeds
- Assist in the resolution of workflow exceptions including trade capture lifecycle activity cash transactions and fees
- Maintain standard processes within a robust control environment with an eye to continually improving or modifying the same to support the evolution of the clients operational needs
- Collaborate with internal teams to streamline and enhance processes
- Support and conduct training on standard processes of loan operations
- Client-facing for queries and loan support
About You:
- Bachelors Degree in Finance Accounting Economics or other related subject with a minimum of 7 years experience in loan administration
- Product Knowledge: Bi-lateral Loans Direct Lending Whole Loans Warehouse Lending Structured Credit Commercial and Industrial Loans Middle Market Credit Real Estate Loans Asset Backed Credit
- Focused accurate and detail oriented
- Team-oriented; willingness to support and cross-train on all departmental functions
- Strong communication both oral and in writing
- Self-starter takes initiative
- Experienced in effective communication with external and internal customers; has experience interfacing with relationship managers customers and other related departments
- Minimum of 5 years of people management experience
- Experienced in maintaining a controlled environment and adhering to standard operating procedures
- Flexible and comfortable adapting to fluid operational requirements and deliverables
- Sentry PM a distinct advantage
Our Benefits
Your well-being is of paramount importance to us and central to our success. We provide a range of benefits training and education support and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.
We recognize diversity as a source of organizational pride and strength. We have made it a priority to reflect our nations evolving diversity in the people we hire and the culture we create in our organization.
Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.
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Required Experience:
Chief
Employment Type
Full-Time
