Loan Operations Coordinator

7 days ago


New Castle, Delaware, United States Citigroup Inc Full time
Job Summary

Citigroup Inc is seeking a highly skilled Loan Documentation Specialist to join our team. As a Loan Documentation Specialist, you will play a critical role in managing and preparing loan documentation, while providing support to various tasks related to the loan process.

Key Responsibilities
  • Manage and prepare loan documentation, including independently processing and closing 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, where expertise is required to interpret against policies, guidelines, or processes.
  • Apply judgment when interpreting data, preparing reports, and presenting findings to management.
  • Make resolution recommendations based on identified trends and facts.
  • Design and analyze complex reports often related, but not limited to loan documentation processes to satisfy management requirements and support/control activities.
  • 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 that loan documentation/processing functions.
  • Demonstrate a understanding of the loan documentation processes to 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, to adhere to audit and control policies. Serve as a checker for systematic transactions as a last line of defense.
  • Timely escalation and resolution of all inquiries and issues related to loan documentation.
  • Apply a solid understanding of how the team and area integrate with others in accomplishing the objectives of the sub-unit.
  • Provide informal guidance and/or on-the-job-training to new team members.
  • Work closely with own team and internal stakeholders in order to meet client needs.
  • Have direct interaction with external customers to disseminate or explain information.
Requirements
  • Years of 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.
Education

Bachelors/University degree or equivalent experience.



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