Senior Vice President – Loan Operations - Citco

About Citco
Citco is a global leader in fund services, corporate governance and related asset services with more than 11,000 staff across 80 offices worldwide. With more than $1 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.

About the Team & Business Line:
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 complex fund structures that our clients can depend upon.

This is an analytical and multi-faceted role that requires the team member to analyze and maintain a range of complex bank loan security types and lifecycle events in support of NAV administration. This role involves servicing a diverse range of hedge and private equity clients pursuing different trading strategies.

Your Role:

• You will be responsible for the offshore oversight of syndicated and bilateral debt processing of lifecycle activities by our processing team.
• Ensure accurate processing of daily loan transactions and credit events including, but not limited to, trade settlement, principal pay downs, drawdowns, contract rollovers, rate setting and PIK capitalizations.
• Review various types of Loan Agreements ensuring all pertinent data of the facility is captured to create loan securities in relevant systems.
• Manage daily operational workflows and maintain oversight of asset servicing – ensuring completeness and accuracy of position, accrued interest and cash data in loans system & underlying accounting platform.
• Responsible for offshore oversight of the reconciliations of loan pars, accruals and cash between internal and external systems, investigating and commenting break items and resolving same within pre-agreed timeframes.
• Understand the role of Loan Operations in generating reporting in support of NAV process and actively liaise with various internal departments to meet monthly/quarterly NAV deliverables.
• Act as a senior point of contact for client queries/requests and drive resolution of issues relating to client accounts.
• Work with the function’s global head ensuring participation in continuous process improvement projects, KPI reporting and adherence to year on year budget requirements.

About You:

• Minimum of 6 years’ experience in a Loan Operations capacity with exposure to bilateral and syndicated debt.
• Experience with a range of debt product types including, but not limited to, syndicated (par & distressed), bilateral, direct lending originations, commercial real estate loans, total return swaps, letters of credit.
• Experienced in maintaining a controlled environment and adhering to standard operation procedures.
• Flexible and comfortable adapting to fluid operational requirements and deliverables.
• Track record of delivering efficiency gain projects.
• People management experience; managing teams of 10+ is a distinct advantage.
• Experience in a Primary or Special Loan Servicer is an advantage.
• Project management or process improvement qualifications (Six Sigma/Prince 2) are an advantage.
• Experience in building teams from the ground up or guiding a team through transition is an advantage.

Salary Range: USD 170,000 – 250,000

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.

Citco is an Equal Opportunity Employer. It is our policy to make all employment and personnel decisions without discriminating on the basis of race, color, creed, religion, sex, physical disability, mental disability, age, marital status, sexual orientation, citizenship status, national or ethnic origin, and any other protected status.

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties to meet the ongoing needs of the organization.