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Citi · 4 hours ago

Transaction Manager Officer Loan Closer

Tampa Florida United States

Full-time

Hybrid

Entry, Mid Level

$63K/yr - $87K/yr

2+ years exp

Citi is the premier affordable housing lender in the United States, seeking a highly motivated and experienced professional for the Transaction Manager Officer Loan Closer role. This position focuses on managing all aspects of the loan closing process for complex transactions in affordable housing, ensuring timely, accurate, and compliant execution.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Manage a pipeline of affordable housing loan closings from commitment through funding, including construction loans, permanent loans, and bond financings

Coordinate extensively with internal stakeholders (underwriting, legal, portfolio management, credit risk, operations) and external parties (counsel, developers, syndicators, investors, government agencies)

Review and analyze complex legal documentation, including loan agreements, partnership agreements, deeds of trust, regulatory agreements, and intercreditor agreements, to ensure all conditions precedent to closing are met

Exhibit a strong understanding of Low-Income Housing Tax Credits (LIHTC) and other tax credit programs, ensuring compliance requirements are meticulously integrated into the closing process

Oversee the satisfaction of all pre-closing conditions, track critical deadlines, and manage the collection and review of all required documentation

Facilitate the ordering and review of third-party reports, title insurance, and surveys

Prepare and/or review closing statements, disbursement schedules, and wire instructions

Proactively identify and resolve potential closing issues, collaborating with all parties to ensure smooth and efficient transaction completion

Contribute to the build and development of processes to support loan origination and lifecycle management for a variety of loan types, including corporate, commercial, real estate, structured, syndicated, and bilateral loans, as well as trade finance

Assist with the creation and continuous improvement of processes, standards, procedures, controls, and training for transaction management

Aid in the design, implementation, testing, and rollout of technology solutions related to loan lifecycle management

Provide training and support to transaction management staff and business constituents

Ensure that data quality, controls, and processes meet internal policies and regulatory requirements and expectations

Work with lines of business, transaction management, and loan operations to define and implement operational metrics and risk and control reviews to ensure end-to-end transparency

Participate in projects aimed at enhancing performance and efficiency, including loan remediation and loan system testing/migrations

Actively manage and maintain a deal closing pipeline of loan transactions and lifecycle events

Capture data, store documentation, troubleshoot issues/roadblocks, and perform quality control for loan transactions

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

Maintain accurate and organized electronic and physical closing files and documentation

Qualification

Loan ClosingAffordable Housing FinanceLow-Income Housing Tax CreditsReal Estate Legal DocumentationLoan Management SoftwareMicrosoft Office SuiteAnalytical SkillsCommunication SkillsOrganizational SkillsProblem-Solving Skills

Required

Bachelor's/University degree or equivalent experience in Finance, Real Estate, Business Administration, or a related field

2-5 years of relevant experience in loan closing or transaction management within financial services, with a strong preference for affordable housing finance

Demonstrated expertise in affordable housing finance, including a thorough understanding of Low-Income Housing Tax Credits (LIHTC), tax-exempt bonds, and other subsidy programs

Strong knowledge of real estate legal documentation, title and survey review, and closing mechanics

Knowledge of wholesale loan (syndicated / bilateral) product and business, including an understanding of legal loan documentation, loan / funding mechanics, deal structure, and funds flows

Experience with Loan IQ, transaction capture tools, or similar loan management software

Proficiency in Microsoft Office Suite (Word, Excel, Outlook)

Proven ability to manage multiple complex transactions simultaneously under tight deadlines and prioritize effectively with minimal management follow-up

Exceptional organizational skills, keen attention to detail, and developed analytical and problem-solving abilities

Excellent written and verbal communication, interpersonal, and client relationship skills, with the ability to effectively interact with all levels of internal and external stakeholders

Ability to work independently and as part of a collaborative team in a fast paced, continuously changing environment where priorities are frequently shifting

Critical decision-making capabilities, including the ability to identify, escalate, and propose solutions to problems

Ability to multi-task through the practice of strong organizational and time management skills, with experience in continuously following-up with various stakeholders

Understanding and awareness of appropriate corporate and regulatory policies in relation to lending

Focus on achieving/exceeding key operating standards within a KPI/metrics driven culture

Preferred

Tableau or visualization tool familiarity is a plus

Benefits

Medical, dental & vision coverage

401(k)

Life, accident, and disability insurance

Wellness programs

Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Company

Citi

Glassdoor3.8

Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Founded in 1812

San Antonio, Texas, USA

10001+ employees

https://www.citi.com

H1B Sponsorship

Citi has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2025 (957)

2024 (849)

2023 (1375)

2022 (1117)

2021 (876)

2020 (901)