At a Glance
- Tasks: Lead complex loan transactions and negotiate terms with stakeholders.
- Company: Join Citi, a global leader in financial services and innovation.
- Benefits: Enjoy a full-time role with opportunities for mentorship and professional growth.
- Why this job: Be at the forefront of financial operations, shaping deals that impact the market.
- Qualifications: Strong communication skills and experience in loan documentation are essential.
- Other info: Citi values diversity and offers equal opportunity for all applicants.
The predicted salary is between 72000 - 108000 £ per year.
Loans Agency Transaction Management Vice President
Key responsibilities are:
- Involvement with senior stakeholders/business heads to discuss new deal flows and attending front office pipeline meetings.
- Liaise with arrangers, lawyers, and the originating business areas in the review and negotiation of complex draft loan/credit documentation from an operational, legal, and agent’s role perspective. Provide comments, requests for amendments, and feedback as necessary.
- Act as an escalation point within the team when staff need assistance.
- Review the most complex facility documentation, particularly with new types of product, negotiate the terms and conditions, and establish the procedures to handle them, providing a template for future deals of a similar structure.
- Attend meetings/calls with front office personnel to ensure understanding of the responsibilities of the agent role for individual transactions.
- Review and manage complex waiver/amendment/restructuring requests.
- Manage complex actual or potential events of default. Take the lead in negotiating on syndicate’s behalf where necessary, and oversee calls and meetings with syndicate.
- Co-ordinate and lead event-driven calls with lenders/lawyers.
- Take a key role as a senior SME and have the necessary technical skills to build relationships with stakeholders, help manage the workflows across the team, providing guidance to, sharing knowledge with, and mentoring the less experienced members of the team.
- Provide information, instructions, and guidance to the agency operations team to enable deal onboarding and loan booking.
Qualifications:
- 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.
- Keen attention to detail.
- Developed analytical and problem-solving abilities.
- Client relationship and solution skills.
Experience required includes:
- Responsibilities of the facility agent, and any legal, regulatory, credit, or financial restrictions.
- Risks the facility agent is exposed to.
- LMA and LSTA loan documentation.
- Common market and business practices.
- Structure of the different types of facility.
- Commercial aspects of the different types of business.
- Roles of other parties to syndicated loan documentation e.g. Security Agent, Account Bank, Intercreditor Agent, Arranger.
- Debt workout situations.
- Treatment of L/Cs, guarantees, and ancillary facilities.
Additional non-core qualifications which will be considered are:
- Knowledge of withholding tax rules and regulations, particularly treatment of FATCA.
- Understanding of other products and how they may integrate with the loans product.
- Knowledge of operational procedures such as rate fixings, rollovers, and payments.
Job Family Group: Operations – Transaction Services
Job Family: Transaction Capture Services
Time Type: Full time
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 review Accessibility at Citi .
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Loans Agency Transaction Management Vice President | London, UK employer: Citi
Contact Detail:
Citi Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loans Agency Transaction Management Vice President | London, UK
✨Tip Number 1
Make sure to familiarize yourself with the latest trends in syndicated loan documentation, especially LMA and LSTA standards. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the loans agency sector. Attend industry events or webinars where you can meet potential colleagues and stakeholders. Building these relationships can give you insights into the company culture and expectations.
✨Tip Number 3
Prepare to discuss specific examples from your past experiences that showcase your problem-solving skills and ability to manage complex transactions. Highlighting these scenarios will help you stand out as a candidate who can handle the responsibilities of this role.
✨Tip Number 4
Understand the operational procedures related to loan booking and deal onboarding. Being able to speak knowledgeably about these processes will show that you are ready to hit the ground running and contribute effectively from day one.
We think you need these skills to ace Loans Agency Transaction Management Vice President | London, UK
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Loans Agency Transaction Management Vice President position. Familiarize yourself with the key tasks mentioned in the job description.
Tailor Your CV: Customize your CV to highlight relevant experience and skills that align with the job requirements. Emphasize your expertise in loan documentation, stakeholder management, and negotiation skills.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your understanding of the role and how your background makes you a suitable candidate. Mention specific experiences that demonstrate your ability to manage complex transactions and lead teams.
Highlight Relevant Experience: In your application, be sure to detail your experience with LMA and LSTA loan documentation, as well as any knowledge of regulatory and financial restrictions. This will help demonstrate your fit for the position.
How to prepare for a job interview at Citi
✨Understand the Role Thoroughly
Make sure you have a deep understanding of the responsibilities of a Loans Agency Transaction Management Vice President. Familiarize yourself with the complexities of loan documentation, syndicate roles, and the specific challenges faced in this position.
✨Prepare for Stakeholder Engagement
Since the role involves liaising with senior stakeholders and front office personnel, practice articulating your thoughts clearly and confidently. Be ready to discuss how you would manage relationships and communicate effectively with various parties involved in the transaction process.
✨Showcase Your Problem-Solving Skills
Be prepared to discuss past experiences where you successfully navigated complex situations or resolved issues related to loan transactions. Highlight your analytical abilities and how they can benefit the team in managing risks and defaults.
✨Demonstrate Attention to Detail
Given the importance of detail in reviewing loan documentation, be ready to provide examples of how you've ensured accuracy in your previous roles. Discuss your methods for maintaining high standards in documentation and compliance.