Loan Documentation & Process Team Coordinator -Assistant Vice President

Citi • New Castle, DE

5h

About The Position

Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information. This role will manage preparing and reviewing loan documentation while providing support to a variety of tasks related to the loan process. Activities will include independently processing and closing loans within a complex loan operations environment. Integrates a solid understanding of industry, business standards and practices of loan documentation processes Applies professional judgment, analytical thinking and knowledge of data analysis tools and methodologies to make recommendations to senior management to support process improvement Ability to lead and provide guidance to a small team Deals with most loan related problems independently and has some latitude to resolve complex issues Applies judgment when interpreting data, preparing reports, and presents findings to management with recommendations based on identified trends and facts Designs and analyses complex reports often related, but not limited to loan documentation processes to satisfy management requirements and support/control activities Participates in, and supports the implementation of, projects as assigned, applies project management skills to support initiatives Interprets data and makes recommendations for the launch of new products/ services and upgraded platforms that loan documentation/processing functions Demonstrates a understanding of the loan documentation processes to identify policy gaps and formulate policies to support the streamlining of related work processes Minimizes risk to the bank through a solid understanding of procedural requirements - provides solutions to reduce errors, and to adhere to audit and control policies Timely management, escalation and resolution of all requests / inquiries / issues / errors related to loan documentation Applies a solid understanding of how the team and area integrate with others in accomplishing the objectives of the sub-unit, and the wider Operations group Provides informal guidance and/or on-the-job-training to new team members Has direct interaction with external customers to disseminate or explain information Involved in coaching and training of new recruits. Significant impact in terms of project size, geography, etc. by influencing decisions through advice, counsel and/or facilitating services to others in area of specialization. Work and performance of all teams in the area are directly affected by the performance of the individual. Individual must be accountable, ethical, results oriented, trustworthy and credible.

Requirements

• 5-8 years of experience
• Reasonable 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
• Adequate ability 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 adhering to Policies
• Loan IQ is preferred
• Bachelor's/University degree or equivalent experience

Responsibilities

• Manage preparing and reviewing loan documentation
• Support a variety of tasks related to the loan process
• Independently processing and closing loans within a complex loan operations environment
• Make recommendations to senior management to support process improvement
• Lead and provide guidance to a small team
• Resolve complex issues
• Interpret data, prepare reports, and presents findings to management with recommendations based on identified trends and facts
• Design and analyses complex reports often related, but not limited to loan documentation processes to satisfy management requirements and support/control activities
• Participate in, and supports the implementation of, projects as assigned, applies project management skills to support initiatives
• Interpret data and makes recommendations for the launch of new products/ services and upgraded platforms that loan documentation/processing functions
• 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
• Provide solutions to reduce errors, and to adhere to audit and control policies
• Timely management, escalation and resolution of all requests / inquiries / issues / errors related to loan documentation
• Provide informal guidance and/or on-the-job-training to new team members
• Coach and train new recruits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees