The Loan Document & Processing Associate Analyst is a developing professional role. This role identifies policy and applies specialty knowledge in monitoring and assessing processes and data. Integrates established disciplinary knowledge within own specialty area with basic understanding of related industry practices. Good understanding of how the team interacts with others in accomplishing the objectives of the area. Develops working knowledge of industry practices and standards. Must be able to exchange information in a concise and logical way as well as be sensitive to audience diversity. Limited but direct impact on the business through the quality of the tasks/services provided. Impact of the job holder is restricted to own team. 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.Responsibilities: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. Involves in providing day-to-day loan transactional processing which may include booking cash transactions and making payments, performing loan reconciliations, input of general ledger entries and (complex) calculationsPossible interaction with other counterparties around positions and outstanding balances/claimsSupports an expansive and/or diverse array of products (risk and control) /services.Follows established procedures to identify and resolve problems related to loan documentation/processing activities that require investigation or research.Make recommendations to management to support process improvement.Resolves problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.Designs and analyses moderately complex loan documentation reports to satisfy management requirements, support/control activities, and the launch of products/services.Makes evaluative judgments based on the analysis of factual information, and provides assistance in the implementation of loan documentation process improvements.Minimizes risk to the bank through increased knowledge of procedural requirements - understands and monitors errors to suggest solutions to reduce errors, and to adhere to audit and control policies. Often related, but not limited to loan documentation processes.Timely management and escalation of all requests and issues related to loan processingHas direct interaction with external customers to disseminate or explain informationDemonstrates an intermediate level of understanding of products and processes, and of how duties relate/integrate with others in the team and closely related teamsDemonstrates an excellent knowledge of Bank related systemsUtilizes communication, diplomacy and interpersonal skills to interact with colleagues and stakeholders, and to exchange potentially complex/sensitive information, while sensitive to audience diversityIndividuals at this level exhibit executional capabilitiesAppropriately 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 behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency. Qualifications:0-2 years of experienceBasic knowledge of Business Processes, Systems and Tools used in the Loan ProcessDemonstrate understanding of Loan Processes, Procedures, Products and ServicesGeneral awareness of managing, preparing, and reviewing loan documentationAble to identify, mitigate, manage, resolve, and escalate risks and issuesAwareness of risk types, policies and control measures and processesComply with applicable laws, rules, and regulations, and adhering to PoliciesEducation:Bachelor's/University degree or equivalent experience------------------------------------------------------Job Family Group:Operations - Transaction Services------------------------------------------------------Job Family:Loan Documentation and Processing------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:New Castle Delaware United States------------------------------------------------------Primary Location Full Time Salary Range:$48,840.00 - $68,160.00In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.------------------------------------------------------Anticipated Posting Close Date:Apr 03, 2024------------------------------------------------------Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. 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 reviewAccessibility at Citi.View the "EEO is the Law" poster. View theEEO is the Law Supplement .View theEEO Policy Statement .View thePay Transparency Posting
