Loan Management Associate - London, United Kingdom - Citi

Citi

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Wealth Credit Management (WCM) at Citi is a newly formed business line to provide integrated end to end credit underwriting, transaction and portfolio management in partnership with all the origination businesses of the Private Bank and Wealth Management of Citi.

We are looking to hire an experienced professional to contribute to the implementation of Loan Management Team (LMT) within Loan Product and Transaction Management in WCM.

LMT will be responsible for supporting multiple aspects of the lending lifecycle, specifically to ensure a smooth transition of client to servicing activities and ongoing oversight of the loan lifecycle post closing.

The team will service as the primary contact to the client for administrative functions and associated responsibilities related to lending products for Investment Finance team.

Key Responsibilities:

Manage and contribute to the creation of processes, standards, procedures, controls, training, and implementation of function across LMT.
Formally provide introduction to client on servicing logistics
Manage adhoc servicing requests, monitor escalations and coordinate payoffs / terminations
Monitor ongoing reconciliation reports to ensure persistent data quality and coordinate remedial actions across loan systems.
Track and record ongoing maintenance activities associated with covenants and collateral
Provide ongoing oversight of Operational KPI / KRI
Institute and ensure effectiveness of controls and processes meet internal policies and regulatory requirements/expectations
Represent LMT on various workstreams and initiatives across PBWM
Constantly improve processes, controls and efficiencies within the group and front to back across loan lifecycle
Lead projects and provide valuable input with various working groups created to enhance performance and efficiency

Knowledge, Experience and Skills:

In depth knowledge of Loan product
Deep understanding of Loan Operations activities
Expert in reading and interpreting complex credit agreements
Understanding of loan accounting concepts
Understanding of process redesign / reengineering and execution
Extensive experience in managing large remediation efforts and meeting critical deadlines
Proven ability to collaborate with team members and senior management both within the lines of business and across multiple stakeholders
Analytical and decisionmaking capabilities including the ability to identify, escalate, and propose and execute solutions to complex problems
Ability to multitask through the practice of strong organizational and time management skills with experience in continuously followingup with various stakeholders and execution team
Proven track record in establishing and maintain business line partnerships
Track record of establishing key operating standards and KPIs/metrics with the achievement of leading team to meeting / exceeding these standards
Strong influencing skills and ability to work in an environment where priorities are frequently changing

Qualifications:

Extensive experience in large financial institution is a must
Prior experience in Loan management or operations is preferred
Proven record of working with complex credit agreements is a must
Understanding of lending rules and regulation is a plus
Experience with exposure and transactions reporting tools
Knowledge of accounting is a plus
Proficient with Microsoft Office Suite (Excel, Word, and PowerPoint)
Attention to detail
Excellent oral and written communication capability
Ability to take initiative and selfmotivate
Developed analytical and problemsolving abilities
Client relationship and solution skills

-
Job Family Group:

Private Client Product Services

-
Job Family:

IF Lending Generalist

-
Time Type:

Full time

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

View the "
EEO is the Law" poster. View the
EEO is the Law Supplement.

View the
EEO Policy Statement.

View the **Pay Transparency Posting