Assistant Vice President, Loan Operations (Multiple Opportunities)

About the role

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.

Responsibilities

• Manage and oversee the processing and operations of both syndicated and private loans and effectively communicate with clients and internal teams.
• Understand complex loan product types and different trading strategies across clients' portfolios.
• Manage daily operations of syndicated and/or private debt portfolios, including direct lending, middle market credit and real estate debt transactions.
• Ensure client deliverables are met timely and accurately.
• Oversee and monitor accurate processing of loan lifecycle activity.
• Manage a team of approximately 2-3 analysts/associates.
• Review credit agreements and other loan documentation to ensure proper setup and processing in the loan system.
• Maintain daily work-flow while adhering to set deadlines.
• Identify and investigate accrual, position, and cash breaks to Loan Servicers and Agents.
• Interact effectively with internal departments to resolve issues pertaining to loans.
• Actively work with multiple departments across the firm to drive results and deliverables.
• Contribute to implementation of procedural enhancements to improve daily tasks and reconciliation processes.

Qualifications

• Bachelor’s Degree in Finance, Accounting, Economics or other related subject with a minimum of 5-8 years’ experience in loan administration.
• Minimum of 2 years of people management experience.
• Product Knowledge: Syndicated Loans, Bi-lateral Loans, Direct Lending, Whole Loans, Structured Credit, Commercial and Industrial Loans, Middle Market Credit, Real Estate loans, Asset Backed Credit.
• Strong analytical and problem solving skills, attention to detail.
• Committed team player with excellent communication and interpersonal skills.
• Detail focused with the ability to multi-task.
• Self-started, takes initiative.
• Able to learn new applications and source information from numerous systems.
• Able to work effectively in a team environment.
• Able to organize and prioritize tasks, and to work in a deadline-focused organization.
• Flexible, adaptive, professional style – capable of working in a fast paced, dynamic environment.
• Strong computer skills, in particular with Excel and Word, and aptitude to learn new skills.

Pay

Salary Range: $76,000 - 100,000

Benefits

Your well-being is of paramount importance and central to our success here at Citco. Citco offers a comprehensive and competitive total rewards package to support your career success and personal needs. Your base salary will be determined by several factors such as the role, experience, skillset, market conditions, etc. Furthermore, qualifying positions can participate in an annual discretionary bonus pool based on company profitability and individual contributions. Our comprehensive benefits package includes medical, dental, and vision coverage, short and long-term disability benefits, a retirement savings plan, tuition reimbursement, mental health and wellness support, parental leave, and more. Additional details about our total rewards package will be shared during the hiring process.