Loan Doc & Proc Intmd Assoc Analyst - B11 - NEW CASTLE

Citi • New Castle, DE

123d • $61,870 - $86,330

About The Position

The Loan Doc & Proc Intmd Assoc Ayst is a developing professional role which integrates in-depth specialty knowledge with a solid understanding of industry standards and practices; demonstrates good understanding of how the team and area integrate with others in accomplishing the objectives of the subfunction/ job family. Applies analytical thinking and knowledge of data analysis tools and methodologies. Breaks down information in a systematic and communicable manner. Developed communication and diplomacy skills are required in order to exchange potentially complex/sensitive information. Moderate but direct impact through close contact with the businesses' core activities. Quality and timeliness of service provided will affect the effectiveness of own team and other closely related teams. Individual must be accountable, ethical, results oriented, trustworthy, and credible. This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Requirements

• 2 - 5 years relevant experience.
• Basic knowledge of Business Processes, Systems and Tools used in the Loan Process.
• 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.
• Reasonable awareness of risk types, policies and control measures and processes.
• Comply with applicable laws, rules, and regulations, and adhering to Policies.

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.
• Integrate a solid understanding of industry and business standards and practices of loan documentation processes.
• Deal with most loan-related problems independently and have some latitude to resolve complex issues.
• Apply judgment when interpreting data, preparing reports, and present findings to management.
• Make resolution recommendations based on identified trends and facts.
• Design and analyze complex reports related to loan documentation processes to satisfy management requirements.
• Participate in and support the implementation of projects and process improvement initiatives.
• Interpret data and make recommendations for the launch of new products/services and upgraded platforms.
• Identify policy gaps and formulate policies to support the streamlining of related work processes.
• Minimize risk to the bank through a solid understanding of procedural requirements.
• Timely escalation and resolution of all inquiries and issues related to loan documentation.
• Provide informal guidance and/or on-the-job training to new team members.
• Work closely with own team and internal stakeholders to meet client needs.
• Interact with external customers to disseminate or explain information.
• Assess risk when business decisions are made, demonstrating consideration for the firm's reputation.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees