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.
Citi Community Capital (CCC) provides a suite of financial products to help affordable housing developers construct, rehabilitate, refinance, and acquire affordable multifamily housing across the country. Committed to the communities we serve, CCC finances both straightforward and highly structured transactions for non-profit and for-profit affordable housing developers, Community Development Financial Institutions, and state and local government agencies.
Job Responsibilities:
Manage and service an active portfolio of multifamily rental construction transactions (e.g., loans, bonds, and letters of credit).
Demonstrate a strong understanding of deal structure and the economic terms of the transactions.
Work closely with clients, governmental agencies, fiscal agents, and other external parties on monthly deal disbursement and approval process.
Coordinate internally with Asset Managers, Construction Management, Risk, and Operations.
Review disbursement requests, inspection reports, title updates and managing flow of funds mechanics.
Review deal summaries and legal documents to ensure the risk profile and deal structure are accurate and consistent across all systems and tracking tools.
Monitor ongoing updates to the portfolio, including participating in extensions, modifications, and other deal events.
Handle data requests from internal teams as well as from regulators, clients, and other third parties.
Participate in longer term initiatives that improve the usability of systems and streamline process and procedures.
Assist with the creation of processes, standards, procedures, controls, training, and implementation of transaction management.
Ensure that quality of data, controls and processes performed meet internal policies and regulatory requirements/expectations.
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
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.
Qualifications
1-2 years of relevant experience
1-2 years of prior experience in commercial loan administration is a plus.
Individual must possess excellent communication and interpersonal skills to build and maintain strong customer relationships.
Energetic individual who shows initiatives, is a team player, and has a positive attitude when faced with changes.
Ease with learning new systems/applications required. Good excel skills are also required.
Quick learner and ability to work with minimal direct supervision.
Previous experience servicing affordable multifamily loans, knowledge of commercial real estate legal documentation and construction budget are a plus.
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
Education:
Bachelor\'s/University degree or equivalent experience
Job Family Group: Operations - Transaction Services
Job Family: Transaction Capture Services
Time Type: Full time
Primary Location: Tampa Florida United States
Primary Location Salary Range: $60,560.00 - $84,490.00
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\xe2\x80\x9d) 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 review .
View the " " poster. View the .
View the .
View the
MNCJobz.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.