Fund Services. Loan Operations - Analyst

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, 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.

Your Role:

 Accurate processing of daily loan transactions and credit events including, but not limited to, trade settlement, principal pay downs, drawdowns, contract rollovers, rate setting, PIK capitalization

 Ensuring completeness and accuracy of position, accrued interest and cash data in loans system & underlying accounting platform

 Prepare invoicing and remittance notices to applicable parties

 Manage the onboarding, amendment of transactions, inclusive of participant transfers as needed, ensuring a 1 BD turnaround providing all additional support prescribed in the underlying administration agreement

 Monitor bank accounts and reconcile against expected cash inflows and outflows

 Actively train and manage employees to ensure we maintain a best-in-class support team

 Work to continuously ensure operational controls are of the highest standard

About You:

You will carry a minimum of 1 years’ experience in Loan Administration and/or Loan Agency experience

You have experience of a range of debt product types including, but not limited to, syndicated, bilateral, direct lending originations, commercial real estate loans, letters of credit

You are experienced in maintaining a control environment and adhering to standard operation procedures

You are flexible and comfortable adapting to fluid operational requirements and deliverables

College Degree

Sentry PM is a distinct advantage

Knowledge of construction loans is a distinct advantage

Our Benefits

Your wellbeing 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.