Senior Loan Documentation & Processing Lead (Hybrid)

Citi

New York (NY)

Hybrid

USD 78,000 - 117,000

Full time

3 days ago
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Job summary

Citi is hiring a Assistant Vice President Loan Documentation and Processing Team Coordinator in New Castle, Delaware, with a hybrid work arrangement. The role focuses on preparing and reviewing loan documentation and coordinating loan processing tasks across teams.

The position requires 5-8 years of experience, a Bachelor’s degree or equivalent, and preferred Loan IQ experience. It involves coaching junior staff and driving improvements in documentation processes within Citi.

Qualifications

  • 5-8 years of experience.
  • Bachelor’s/University degree or equivalent experience.
  • Loan IQ experience is preferred.

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 loans operation environment
  • Integrates a solid understanding of industry, business standards and practices of loan documentation processes
  • Demonstrates a comprehensive understanding of how the loan function collectively integrates to contribute to achieving overall business goals.
  • Acts as a coordinator to provide support to more senior members of the team on various loans related projects and initiatives
  • Provides value-added perspective or advice that contributes to the development of new solutions and the improvement of the loan documentation processes for the area.
  • Resolves complex problems where the analysis of situations or data requires an in-depth evaluation of loan procedures and industry standards.
  • Provides evaluative judgment based on analysis of factual information in complicated and unique situations, mostly but not limited to the loan documentation process
  • Responsible for escalating control gaps and issues to senior management
  • Identifies loan related control deficiencies and implements appropriate procedures and solutions to mitigate any risk or control losses
  • Identifies opportunities to reduce expenses
  • Influences decisions through advice, counsel and/or facilitating services to others in area of specialization
  • Assumes informal/formal leadership role within the team, is involved in the coaching and training of new recruits, and provides guidance and support to junior staff
  • Creates, develops and maintains effective relationships with colleagues, management, internal/external clients and stakeholders, and seeks to understand their needs and provides solutions
  • 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.

Education

Bachelor’s/University degree or equivalent experience

Job description

Citi is hiring a Assistant Vice President Loan Documentation and Processing Team Coordinator in New Castle, Delaware, with a hybrid work arrangement. The role focuses on preparing and reviewing loan documentation and coordinating loan processing tasks across teams.

The position requires 5-8 years of experience, a Bachelor’s degree or equivalent, and preferred Loan IQ experience. It involves coaching junior staff and driving improvements in documentation processes within Citi.

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