What are the responsibilities and job description for the Associate, Loan Operations position at The Citco Group Limited?
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 www.citco.com
About the Team & Business Line :
Fund Administration is Citco's core business, and our alternative asset and accounting service is one of the industry's 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 industry's most accomplished professionals to deliver award-winning services for the world's 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.
Responsibilities
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 administration functions and reporting preparation.
You will be responsible for the oversight of daily tasks associated with the full lifecycle of Loan Administration including but not limited to :
- Review credit agreements and other loan documentation to ensure proper setup and processing in the loan system
- Monitor accurate processing of loan lifecycle activity
- Identify and investigate accrual, position, and cash breaks to Loan Servicers and Agents
- Collaborate with internal teams to streamline and enhance processes
- Ensure the client service level agreements are closely monitored and monthly deliverables are met timely, accurately and completely
- 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 operations
- Assist on management of special projects as needed.
Qualifications
About You :
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.
