Portfolio Management (Loan Services) – Assistant Vice President

About Citco:

The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape its future. From working exclusively with hedge funds to serving all alternatives, corporations and private clients, our organization has grown immensely across asset classes and geographies. For us, this progress is a pattern that we’ll only maintain as we move forward, always prioritizing our performance. So for those who want to play at the top of their game and be at the vanguard of their space, we say: Welcome to Citco.

About the Team & Business Line:

As a core member of our Loan Services team, you will be working with some of the industry’s most accomplished professionals to deliver award-winning services for the worlds largest alterative credit lenders. Citco’s 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.

This is an analytical and multi-faceted role that requires the ability to analyze and maintain a range of complex bank loans and lifecycle events in support of loan administrative functions and documentation preparation.

Your Role:

• Manage a syndicated and/or bilateral deal portfolio of complex high-paced facilities, including all activities associated in order to properly maintain client’s portfolio throughout the full life cycle of the loans
• Maintain Interest Calculators in Excel for complex deals
• Ability to read and abstract credit agreements
• Communicate effectively both internally and externally
• Run client based calls with internal teams, and prepare agenda/minutes
• Oversee and monitor the accurate processing of new drawdowns, paydowns, and fees for syndicated and bilateral deals
• All past-due principal interest and fees are reported, followed up on, and ultimately collected
• Ensure all monies due and payable are collected and/or reconciled
• Coordinate funding requirements with the Treasury Desk; Support the Treasury Desk with its daily requirements to accurately manage its cash and funded positions
• Process Audit Confirmations and provide support to the off-shore team
• Full oversight of invoicing and remittance processing
• Create monthly reporting and analyze data for accuracy

Qualifications:

• Must be focused and detail oriented
• Critical thinker and interpersonal skills a must
• Team-oriented; willingness to back-up and cross-train on all departmental functions
• Experience in effective communication with external and internal customers; has experience interfacing with clients, borrowers, and other related departments
• Experience in maintaining a controlled environment and adhering to standard operation procedures
• Flexible and comfortable with adapting to fluid operational requirements
• Excellent time management skills
• Four-year college degree with a minimum of 5 years’ experience in Asset Management, Portfolio Management, and/or Servicing
• Sentry PM or Cassiopae a distinct advantage
Microsoft Office Suite (Excel, Outlook, Power BI)

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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 embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.

Citco is an Equal Opportunity Employer. It is our policy to make all employment and personnel decisions without discriminating on the basis of race, color, creed, religion, sex, physical disability, mental disability, age, marital status, sexual orientation, citizenship status, national or ethnic origin, and any other protected status .

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties to meet the ongoing needs of the organization.