Loan Documentation & Processing Associate Analyst

About the Role

The Loan Doc & Proc Assoc Analyst is a developing professional role. This role integrates established disciplinary knowledge within own specialty area with a basic understanding of related industry practices. It has limited but direct impact on the business through the quality of tasks/services provided, with impact restricted to own team.

Key Responsibilities

• Manage preparing and reviewing loan documentation while providing support to a variety of tasks related to the loan process.
• Independently process and close loans within a complex loan operations environment.
• Provide day-to-day loan transactional processing, which may include booking cash transactions, making payments, performing loan reconciliations, input of general ledger entries, and complex calculations.
• Interact with other counterparties around positions and outstanding balances/claims.
• Support an expansive and/or diverse array of products (risk and control) and services.
• Follow established procedures to identify and resolve problems related to loan documentation/processing activities that require investigation or research.
• Make recommendations to management to support process improvement.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience, guided by precedents.
• Design and analyze moderately complex loan documentation reports to satisfy management requirements, support/control activities, and the launch of products/services.
• Make evaluative judgments based on the analysis of factual information and provide assistance in the implementation of loan documentation process improvements.
• Minimize risk to the bank through increased knowledge of procedural requirements; understand and monitor errors to suggest solutions to reduce errors and adhere to audit and control policies.
• Timely management and escalation of all requests and issues related to loan processing.
• Direct interaction with external customers to disseminate or explain information.
• Demonstrate an intermediate level of understanding of products and processes, and how duties relate/integrate with others in the team and closely related teams.
• Utilize communication, diplomacy, and interpersonal skills to interact with colleagues and stakeholders, and to exchange potentially complex/sensitive information, while being sensitive to audience diversity.
• Assess risk appropriately 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, and escalating, managing, and reporting control issues with transparency.

Requirements & Tech Stack

• Basic knowledge of Business Processes, Systems, and Tools used in the Loan Process.
• Excellent knowledge of Bank related systems.

Qualifications

• 0-2 years of experience.
• Demonstrate understanding of Loan Processes, Procedures, Products, and Services.
• General awareness of managing, preparing, and reviewing loan documentation.
• Able to identify, mitigate, manage, resolve, and escalate risks and issues.
• Awareness of risk types, policies, and control measures and processes.
• Comply with applicable laws, rules, and regulations, and adhere to Policies.
• Ability to exchange information in a concise and logical way and be sensitive to audience diversity.
• Individual must be accountable, ethical, results-oriented, trustworthy, and credible.
• Demonstrates executional capabilities.

Education

• Bachelor’s/University degree or equivalent experience.