Loan Administration Supervisor

About 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.

About the Team & Business Line:

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.

As a core member of our Loan Operations team, you will be working with some of the industry’s most accomplished professionals to deliver award-winning services for the world’s largest alterative credit lenders. Citco’s total loan portfolio exceeds 100B, across a variety of asset and loan types including publicly traded bank debt, private syndications, middle market transactions, and commercial real estate. We provide shadow and direct loan agency.

About the Role: This is an analytical and multi-faceted role that requires the team member to be able to analyze and maintain a range of complex loan security types and lifecycle events in support of loan administration functions and reporting preparation. You will be responsible for the oversight of daily tasks associated with the full lifecycle of Loan Administration including but not limited to:

• Review credit agreements and other loan documentation to ensure proper setup and processing in the loan system
• Monitor accurate processing of loan lifecycle activity
• Identify and investigate accrual, position, and cash breaks to Loan Servicers and Agents
• Collaborate with internal teams to streamline and enhance processes
• Ensure the client service level agreements are closely monitored and monthly deliverables are met timely, accurately and completely
• 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 operations
• Assist on management of special projects as needed.

About You:

• Bachelor’s Degree in Finance, Accounting, Economics or other related subject with a minimum of 3 years’ experience in loan administration
• Product Knowledge: Syndicated Loans, Bi-lateral Loans, Direct Lending, Whole Loans, Structured Credit, Commercial and Industrial Loans, Middle Market Credit, Real Estate loans, Asset Backed Credit
• Focused, accurate and detail oriented
• Team-oriented; willingness to support and cross-train on all departmental functions
• Strong communication, both oral and in writing
• Self-starter, takes initiative
• Experienced in effective communication with external and internal customers; has experience interfacing with relationship managers, customers, and other related departments
• Experienced in maintaining a controlled environment and adhering to standard operating procedures
• Flexible and comfortable adapting to fluid operational requirements and deliverables
• Sentry PM a distinct advantage
• Experience and understanding of debt instrument P&L a distinct advantage

Our Benefits:

Your well-being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.

We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.