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Company:
The Citco Group Limited
Category:
Financial
Posted: May 23, 2025
Assistant Vice President, Loan Operations
Halifax, NS, Canada
About Citco:
Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1.8 trillion in assets under administration (AuA), we deliver end-to-end solutions and exceptional service to meet our clients' needs.
For more information about Citco, please visit ***
About the Team & Business Line:
We're a family-owned business, not a faceless corporation. This personal approach informs every aspect of our customer service, where we develop long-lasting relationships with our clients. But we don't stop there:
we also build these same bonds among our own teams, too. Here, we've created a community where colleagues support one another and different departments help others succeed. And here, we've cultivated a culture where employees care about our company values and live them in their work. At Citco, this people-centric philosophy is the core of who we are-and it shines through in everything we do, every day.
Responsibilities
About the Role:
This is an analytical role that requires the team member to manage and oversee the processing and operations of both syndicated and private loans and to effectively communicate with clients and internal teams. This role requires the team member to understand complex loan product types and different trading strategies across their clients' portfolios.
- Manage daily operations of syndicated and/or private debt portfolios, including direct lending, middle market credit and real estate debt transactions
- Ensure client deliverables are met timely and accurately
- Oversee and monitor accurate processing of loan lifecycle activity
- Manage a team of approximately 2-3 analysts/associates
- Review credit agreements and other loan documentation to ensure proper setup and processing in the loan system
- Maintain daily work-flow while adhering to set deadlines
- Identify and investigate accrual, position, and cash breaks to Loan Servicers and Agents
- Interact effectively with internal departments to resolve issues pertaining to loans
- Actively work with multiple departments across the firm to drive results and deliverables
- Contribute to implementation of procedural enhancements to improve daily tasks and reconciliation processes
Qualifications
About You:
- Bachelor's Degree in Finance, Accounting, Economics or other related subject with a minimum of 5-8 years' experience in loan administration
- Minimum of 2 years of people management experience
- Product Knowledge:
Syndicated Loans, Bi-lateral Loans, Direct Lending, Whole Loans, Structured Credit, Commercial and Industrial Loans, Middle Market Credit, Real Estate loans, Asset Backed Credit - Strong analytical and problem solving skills, attention to detail
- Committed team player with excellent communication and interpersonal skills
- Detail focused with the ability to multi-task
- Self-started, takes initiative
- Ability to learn new applications and source information from numerous systems
- Ability to work effectively in a team environment
- Ability to organize and prioritize tasks, and to work in a deadline-focused organization
- Flexible, adaptive, professional style - capable of working in a fast paced, dynamic environment
- Strong computer skills, in particular with Excel and Word, and aptitude to learn new skills
Our Benefits
Your well-being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.
We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.
Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.
Read the full job description and apply online on the recuiter's web-site
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