Vice President - Loan Operations

About the company

Citco has been the front-runner in asset servicing since its incorporation in 1948, pioneering the evolution of the sector. The firm has grown from working exclusively with hedge funds to serving all alternatives, corporations, and private clients across asset classes and geographies.

Fund Administration is Citco's core business, and its alternative asset and accounting service is one of the industry's most respected. Continuous investment in learning and technology solutions equips the team to deliver a seamless client experience.

Responsibilities

• Analyze and maintain a range of complex bank loan security types and lifecycle events in support of loan agency administrative functions and documentation preparation
• Manage multiple clients with portfolios of syndicated and/or bilateral deal portfolios of 50–100 facilities, and all associated activities to properly maintain client portfolios
• Manage a team of 5–10 portfolio managers
• Support and administer a syndicated and/or bilateral loan portfolio
• Read credit agreements (preferred) and support software processes
• Oversee and monitor the accurate processing of new drawdowns, pay downs, and fees for syndicated and bilateral deals
• Ensure all monies due and payable are collected and/or reconciled
• Coordinate funding requirements with the Treasury Desk for managed loan portfolio
• Provide full oversight of invoicing and remittance processing
• Maintain standard processes within a robust control environment, with an eye to continually improving or modifying processes to support assigned clients
• Support and conduct training of new hires in standard processes, including those without experience in loan servicing or portfolio management

Qualifications

• 4-year college degree with a minimum of 5 years' experience in asset management/portfolio monitoring
• Minimum of 5 years of people management experience
• Focused, accurate, and detail-oriented
• Team-oriented; willingness to back-up and cross-train on all departmental functions
• Strong communication, both oral and in writing
• Experienced in effective communication with external and internal customers; experience interfacing with relationship managers, customers, and other related departments
• Experienced in maintaining a control environment and adhering to standard operating procedures
• Flexible and comfortable adapting to fluid operational requirements and deliverables
• Sentry PM or Cassiopeia experience a distinct advantage

Benefits

Citco offers a comprehensive and competitive total rewards package. Base salary is determined by role, experience, skillset, and market conditions. Qualifying positions can participate in an annual discretionary bonus pool based on company profitability and individual contributions.

• Medical, dental, and vision coverage
• Short and long-term disability benefits
• Retirement savings plan
• Tuition reimbursement
• Mental health and wellness support
• Parental leave

Additional details about the total rewards package will be shared during the hiring process.