About Citco
JOB DESCRIPTION
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.
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 Operations team, you will be working with some of the industry’s most accomplished professionals to deliver award-winning services for complex fund structures that our clients can depend upon.
Your Role
This is an analytical role that requires the team member to manage and oversee the processing and operations of both syndicated and private loans and to effectively communicate with clients and internal teams. This role requires the team member to understand complex loan product types and different trading strategies across their 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
About You
- 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
- Ability to learn new applications and source information from numerous systems
- Ability to work effectively in a team environment
- Ability 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
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
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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.
