Assistant Vice President

2 days ago


Mumbai, Maharashtra, India CitiGroup Full time ₹ 1,20,000 - ₹ 2,60,000 per year

Whether you're at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you'll have the opportunity to expand your skills and make a difference at one of the world's most global banks. We're fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You'll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Transaction Management will be responsible for supporting multiple aspects of the lending lifecycle including but not limited to loan closing and servicing coordination, facilitating complex client onboarding, data management, and quality control. The team will be accountable and responsible for operational oversight of the closing and servicing of all loan transactions of the business division being supported to ensure all internal and external requirements are met.

In this role, you're expected to:

  • Contribute to the build and development team to support loan origination and lifecycle management which includes large complex syndicated and bilateral loans covering but not limited to corporate, commercial, real estate, structured lending and trade.

  • Assist with the creation of processes, standards, procedures, controls, training, and implementation of transaction management.

  • Aid in the design and implementation of technology including testing and rollout.

  • Provide training and support to transaction management staff and business constituents.

  • Partner with each of the originating and coverage business lines, credit risk, operations, legal, etc.

  • Ensure that quality of data, controls and processes performed meet internal policies and regulatory requirements/expectations.

  • Work with lines of business, transaction management, and loan operations to define and implement operational metrics and risk and control reviews to ensure all stakeholders have end to end transparency.

  • Constantly improve processes, controls and efficiencies within the group and front to back across loan lifecycle

  • Participate in projects to enhance performance and efficiency.

  • Take part in loan remediation and loan system testing / migrations.

  • Actively manage and maintain a deal closing pipeline of loan transactions.

  • Coordinate and close loan transactions/lifecycle events, capture data, store documentation, troubleshoot issues/roadblocks, perform quality control

  • Appropriately assess risk 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 regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

As a successful candidate, you'd ideally have the following skills and exposure:

  • 5-8 years of experience

  • Individual must have excellent communication, organizational and interpersonal skills.

  • Individual must work well under tight deadlines, manage priorities, and complete assigned tasks with minimal management follow up.

  • Candidate has quantitative skills with a high proficiency with Excel and other Microsoft based programs.

  • Tableau or visualization tool familiarity

  • Experience with Loan IQ, transaction capture tools, etc.

  • Keen attention to detail

  • Developed analytical and problem-solving abilities

  • Client relationship and solution skills

  • Experience within a large global team supporting wholesale lending at large financial Institution

  • Knowledge of wholesale loan (syndicated / bilateral) product and business, including an understanding of legal loan documentation, loan / funding mechanics, deal structure, funds flows, etc.

  • Experience working with clients under time constraints to facilitate a transaction or process.

  • Proven ability to collaborate with team members, Senior management and other business constituents

  • Critical decision-making capabilities including the ability to identify, escalate, and propose solutions to problems

  • Ability to multi-task through the practice of strong organizational and time management skills with experience in continuously following-up with various stakeholders

  • Understanding and awareness of appropriate corporate and regulatory policies in relation to Lending

  • Deep understanding of operational processes supporting Wholesale lending

  • Focus on achieving/exceeding key operating standards within a KPI/metrics driven culture

  • Ability to work in an environment where priorities are frequently changing

Education:

  • Bachelors/University degree or equivalent experience

Take the next step in your career, apply for this role at Citi today

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Job Family Group:

Operations - Transaction Services

Job Family:

Transaction Capture Services

Time Type:

Full time

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View Citi's EEO Policy Statement and the Know Your Rights poster.



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