Loan Documentation & Processing Specialist

Citi; New Castle (DE); On-site; USD 49,000 - 68,000; Full time

Job summary

Citi in New Castle, Delaware is seeking a Loan Doc & Proc Assoc Analyst. This developing role supports reviewing loan documentation and processes within a complex loan operations environment.

You will process and close loans, handle day-to-day loan transactions, and escalate issues. The position requires 0-2 years of experience and a bachelor’s degree. Citi offers competitive benefits and a salary range stated below.

Qualifications

• Basic knowledge of Business Processes, Systems and Tools used in the Loan Process
• Demonstrate understanding of Loan Processes, Procedures, Products and Services
• General awareness of managing, preparing, and reviewing loan documentation
• Able to identify, mitigate, manage, resolve, and escalate risks and issues

Responsibilities

• 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.

Skills

Basic knowledge of Loan processes

Understanding of loan procedures

Risk and issue management

Communication with stakeholders

Education

Bachelor’s/University degree

Job description

Citi in New Castle, Delaware is seeking a Loan Doc & Proc Assoc Analyst. This developing role supports reviewing loan documentation and processes within a complex loan operations environment.

You will process and close loans, handle day-to-day loan transactions, and escalate issues. The position requires 0-2 years of experience and a bachelor’s degree. Citi offers competitive benefits and a salary range stated below.