Vice President - Loan Operations

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.

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.

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.

This is an analytical and multi-faceted role that requires the team member to be able to 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 a syndicated and/or bilateral deal portfolio of 50-100 facilities, and all activities associated therewith to properly maintain client’s portfolio.
• Management of a team of 5-10 portfolio managers
• Support and administer a syndicated and/or bilateral loan portfolio
• Ability to read credit agreements preferred, support software processes
• Oversee and monitor the accurate processing new drawdowns, pay downs, and fees for syndicated and bilateral deals
• Ensure all monies due and payable collected and/or reconciled
• Coordinate funding requirements with Treasury Desk for managed loan portfolio
• Full oversight of invoicing and remittance processing
• Maintain standard processes within a robust control environment, with an eye to continually improving or modifying same to support assigned clients
• Support conduct training of new hires in standard processes including those without experience in loan servicing or portfolio management

• 4-year college degree with a minimum of 10 years’ experience in asset management/portfolio monitoring.
• Focused, accurate and detail oriented
• Team-oriented; willingness 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; has experience interfacing with relationship managers, customers, and other related departments
• Minimum of 5 years of people management experience
• Experienced in maintaining a control environment and adhering to standard operation procedures
• Flexible and…