Apply on Employer Site

The Citco Group Limited · 1 week ago

Vice President, Loan Operations

Malvern, PA

Full-time

Onsite

Mid, Senior Level

$100K/yr - $130K/yr

5+ years exp

Citco is a leading provider in the asset servicing sector, continuously innovating and expanding since its inception in 1948. They are seeking a Vice President of Loan Operations to manage complex bank loan security types, oversee a team of portfolio managers, and ensure accurate processing of loan portfolio activities.

FinanceFinancial Services

Responsibilities

Manage multiple clients with portfolios of a syndicated and/or bilateral deal portfolio of 50-100 facilities, and all activities associated therewith to properly maintain client’s portfolio

Management of a team of 5-10 portfolio managers

Support and administer a syndicated and/or bilateral loan portfolio

Ability to read credit agreements preferred, support software processes

Oversee and monitor the accurate processing new drawdowns, pay downs, and fees for syndicated and bilateral deals

Ensure all monies due and payable collected and/or reconciled

Coordinate funding requirements with Treasury Desk for managed loan portfolio

Full oversight of invoicing and remittance processing

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 servicing or portfolio management

Qualification

Asset managementPortfolio monitoringPeople managementSentry PMCassiopeiaControl environmentCommunicationDetail orientedTeam-orientedAdaptability

Required

4-year college degree with a minimum of 5 years' experience in asset management/portfolio monitoring

Focused, accurate and detail oriented

Team-oriented; willingness back-up and cross-train on all departmental functions

Strong communication, both oral and in writing

Experienced in effective communication with external and internal customers; has experience interfacing with relationship managers, customers, and other related departments

Minimum of 5 years of people management experience

Experienced in maintaining a control environment and adhering to standard operation procedures

Flexible and comfortable adapting to fluid operational requirements and deliverables

Preferred

Ability to read credit agreements preferred, support software processes

Sentry PM or Cassiopeia a distinct advantage

Benefits

Medical, dental, and vision coverage

Short and long-term disability benefits

A retirement savings plan

Tuition reimbursement

Mental health and wellness support

Parental leave

Company

The Citco Group Limited

Our heritage, since founding a civil law notary practice in the 1940s to establishing the Curacao International Trust Company in the 1960s, is built on challenging paradigms and delivering exceptional service within the financial and professional services industry.

Founded in 1998

Grand Cayman, Midland, CYM

5001-10000 employees