Loan Documentation & Processing Intermediate Associate Analyst 2

Loan Documentation & Processing Intermediate Associate Analyst 2

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

The Loan Documentation & Processing Intermediate Associate Analyst 2 is a developing professional role which integrates in-depth specialty knowledge with a solid understanding of industry standards and practices; demonstrates good understanding of how the team and area integrate with others in accomplishing the objectives of the subfunction/ job family. Applies analytical thinking and knowledge of data analysis tools and methodologies. Breaks down information in a systematic and communicable manner. Developed communication and diplomacy skills are required in order to exchange potentially complex/sensitive information. Moderate but direct impact through close contact with the businesses' core activities. Quality and timeliness of service provided will affect the effectiveness of own team and other closely related teams.

Responsibilities:

• This role will manage preparing and reviewing loan documentation while providing support to a variety of tasks related to the loan process
• Activities will include independently processing and closing loans within a complex loans operation environment
• Integrates a solid understanding of industry and business standards and practices of loan documentation processes
• Deals with most loan-related problems independently and has some latitude to resolve complex issues, where expertise is required to interpret against policies, guidelines or processes
• Applies judgment when interpreting data, preparing reports, and presents findings to management
• Makes resolution recommendations based on identified trends and facts
• Designs and analyzes complex reports often related, but not limited to loan documentation processes to satisfy management requirements and support/control activities
• Participates in and supports the implementation of projects and process improvement initiatives
• Interprets data and makes recommendations for the launch of new products/ services and upgraded platforms that loan documentation/processing functions
• Demonstrates a understanding of the loan documentation processes to identify policy gaps and formulate policies to support the streamlining of related work processes.
• Minimizes risk to the bank through a solid understanding of procedural requirements - provides solutions to reduce errors, and to adhere to audit and control policies. Servers as a checker for systematic transactions as a last line of defense.
• Timely escalation and resolution of all inquiries and issues related to loan documentation.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• 2-5 years relevant experience
• Proficient in Excel
• Can work well under pressure and multi-task with a sense of urgency
• Proactive to escalate issues and drive change on process
• Deliver results and able to meet tight deadlines
• Ability to collaborate with team members within and outside of own team

Education:

• Bachelor's/University degree or equivalent experience

Responsible for conducting a thorough review and execution of loan assignment agreements to transfer various loan positions amongst investors and ensure credit agreement compliance across all Citi agented facilities. Coordinate trade closing and proactively communicate with Citi's customers to minimize agency delays while maintaining a portfolio of 300+ open trades. Ensure accurate record keeping of traded positions for Citi-Agented facilities in Citi's proprietary systems and perform reconciliation to identify and rectify systemic fails that may occur. Work directly with loan underwriting to assist in completing various loan activity within set time frames, perform daily loan pay downs, and maintain all cash movement while performing activity reconciliation. Must demonstrate an ability to interpret and understand various Loan Credit Agreements to better educate and serve our customers regarding intricacies of the agreements. Provide management with daily updates on activities, review issues and concerns within the assigned portfolio, and dimension solutions to achieve client satisfaction. Develop strong working relationships with internal and external counterparties to ensure accurate execution of trades. Pro-actively identify and work to resolve potential risk and legal issues while accurately communicating pending concerns to all affected parties.