Graduates Vacancy at CitiBank: Check Requirements Details

CitiBank is hiring an experienced Loan Doc & Proc Analyst at their Chennai location

CitiBank Hiring Experienced Loan Doc & Proc Analyst

SANDEEP KUMAR | May 15, 2024 |

Graduates Vacancy at CitiBank: Check Requirements Details

Graduates Vacancy at CitiBank: Check Requirements Details

Overview:

CitiBank is hiring an experienced Loan Doc & Proc Analyst at their Chennai location. The Loan Doc & Proc Analyst 1 is a trainee professional role. Requires a good knowledge of the range of processes, procedures and systems to be used in carrying out assigned tasks and a basic understanding of the underlying concepts and principles upon which the job is based. Good understanding of how the team interacts with others in accomplishing the objectives of the area. Makes evaluative judgements based on the analysis of factual information. They are expected to resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents. Must be able to exchange information in a concise and logical way as well as be sensitive to audience diversity. Limited but direct impact on the business through the quality of the tasks/services provided. Impact of the job holder is restricted to own job.

The complete details of this job are as follows:

Roles and Responsibilities:

The Ideal Candidate should be able to:

  • 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, processing day to day activities like Borrowings, Paydowns, Rollover, Conversion, etc.
  • Knowledge of Term, Revolver, Prime, SOFR loans is required and candidate should have hands on experience booking/servicing these products.
  • Involved in providing day-to-day Collateral management which may include booking cash transactions and making payments, inputting general ledger entries and (complex) calculations
  • There may be possible interaction with other counterparties around positions and outstanding balances/claims
  • Supports an expansive and/or diverse array of products (risk and control) /services
  • Follows established procedures to identify and resolve problems related to loan documentation/processing activities that require investigation or research and makes recommendations to management to support process improvement
  • Designs and analyzes moderately complex loan documentation reports for management requirements, support/control activities, and the launch of products/services
  • Makes evaluative judgments based on the analysis of factual information, and provides assistance in the implementation of loan documentation process improvements
  • Minimizes risk to the bank through increased knowledge of procedural requirements – understands and monitors errors to suggest solutions to reduce errors, and to adhere to audit and control policies
  • Often related, but not limited to loan documentation processes
  • Timely management and escalation of all inquiries and issues related to loan processing
  • Demonstrates a sound level of understanding of loan products and processes, and of how duties relate/integrate with others in the team and closely related teams
  • Demonstrates an excellent knowledge of Bank related systems
  • Has direct interaction with external customers to disseminate or explain information
  • Individuals at this level exhibit strong executional capabilities
  • Utilizes strong communication, interpersonal and diplomacy skills to interact with colleagues and stakeholders, and to exchange potentially complex/sensitive information, while being sensitive to audience diversity
  • 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:

  • Solid relevant industry experience
  • Relevant experience with Syndications/Bilateral Loans
  • Proactive with strong sense of responsibility
  • Ability to collaborate with team members within and outside of own team
  • Can work well under pressure and multi-task with a sense of urgency
  • Ability to perform well in a dynamic and fast paced environment

Education:

  • Bachelor’s/University degree or equivalent experience

To Apply For This Job, Visit Official Website

Disclaimer: The Recruitment Information provided above is for informational purposes only. The above Recruitment Information has been taken from the official site of the Organisation. We do not provide any Recruitment guarantee. Recruitment is to be done as per the official recruitment process of the company or organization posted the recruitment Vacancy. We don’t charge any fee for providing this Job Information. Neither the Author nor Studycafe and its Affiliates accepts any liabilities for any loss or damage of any kind arising out of any information in this article nor for any actions taken in reliance thereon.

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