Loan Documentation and Processing Analyst

11037 Citibank, N.A. United Kingdom; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading global financial institution seeks a detail-oriented individual for a role in loan documentation within its Lending Operations Team in Greater London. The position involves managing loan documentation while ensuring compliance with procedures and identifying process improvements. Candidates should possess strong analytical and communication skills. This role offers a competitive salary, generous benefits, and a hybrid working model with flexible attendance options, aiming to develop your career in financial services.

Benefits

Generous holiday allowance starting at 27 days

Discretional annual performance-related bonus

Private medical insurance packages

Employee Assistance Program

Pension Plan

Paid Parental Leave

Special discounts for employees, family, and friends

Access to learning and development resources

Qualifications

• Knowledge of Business Processes, Systems and Tools used in Loan Servicing.
• Understanding of Loan Processes, Procedures, Products, and Services.
• Ability to manage, prepare, and review loan documentation.

Responsibilities

• Manage and review loan documentation for processing.
• Process and close loans in a complex environment.
• Perform loan reconciliations and input general ledger entries.

Skills

Analysis

Problem-solving

Communication

Knowledge of Loan Processes

Risk Management

Job description

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and communication to Citi’s Lending Operations Team.

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team / Role Overview

The Citi Lending Operations team members are strategic professionals who stay abreast of developments within own field and contribute to directional strategy. They provide advice and counsel related to the technology or operations of the business. Communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. This team has a significant impact through complex deliverables.

What you’ll do

• 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 loan operations environment
• Involves in providing day-to-day loan transactional processing which may include booking cash transactions and making payments, performing loan reconciliations, input of general ledger entries and (complex) calculations
• 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.
• Make recommendations to management to support process improvement.
• Resolves problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Designs and analyzes moderately complex loan documentation reports to satisfy 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 requests and issues related to loan processing
• Has direct interaction with external customers to disseminate or explain information
• Demonstrates an intermediate level of understanding of 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
• Utilizes communication, interpersonal and diplomacy skills to interact with colleagues and stakeholders, and to exchange potentially complex / sensitive information, while being sensitive to audience diversity
• Individuals at this level exhibit executional capabilities

What we’ll need from you

• Reasonable knowledge of the Business Processes, Systems and Tools used in the Loan Servicing Process
• Demonstrate understanding of Loan Processes, Procedures, Products and Services
• General awareness of managing, preparing, and reviewing loan documentation
• Adequate ability to identify, mitigate, manage, resolve, and escalate risks and issues
• Awareness of risk types, policies and control measures and processes
• Comply with applicable laws, rules, and regulations, and adhering to Policies

What we can offer you

This is a role that'll offer you the opportunity to build an in-depth knowledge of financial services operations. Every day there will be new business challenges that will help you develop new skills that can drive your career”

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as :

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
• A discretional annual performance related bonus
• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

Job Family Group :

Operations - Transaction Services

Job Family :

Loan Documentation and Processing

Time Type : Full time

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above and / or contact the recruiter.