At a Glance
- Tasks: Support the lending lifecycle, manage loan transactions, and ensure quality control.
- Company: Join Citi, a leading global financial institution focused on positive social impact.
- Benefits: Enjoy hybrid work, competitive salary, generous holidays, and private medical insurance.
- Why this job: Develop your skills in a dynamic environment while making a real difference in communities.
- Qualifications: 2-5 years experience, strong communication skills, and proficiency in Excel required.
- Other info: Be part of a business casual workplace with opportunities for learning and growth.
The predicted salary is between 36000 - 60000 £ per year.
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.
Responsibilities:
- 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:
- 2-5 years relevant 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.
- Bachelor's/University degree or equivalent experience.
- Additional non-core qualifications which will be considered are: 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.
What we can offer you:
This is a role that'll offer you the opportunity to build an in-depth knowledge of financial services operations. Every day there will be new business challenges that will help you develop new skills that can drive your career. We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well. By joining Citi Belfast, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
- A discretional annual performance related bonus.
- Private medical insurance packages to suit your personal circumstances.
- Employee Assistance Program.
- Pension Plan.
- Paid Parental Leave.
- Special discounts for employees, family, and friends.
- Access to an array of learning and development resources.
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.
Transaction Manager employer: Citi
Contact Detail:
Citi Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transaction Manager
✨Tip Number 1
Familiarise yourself with the lending lifecycle and the specific processes involved in loan closing and servicing. Understanding these elements will help you speak confidently about your knowledge during interviews.
✨Tip Number 2
Network with professionals in the financial services industry, especially those who work in transaction management or related fields. This can provide you with insights into the role and potentially lead to referrals.
✨Tip Number 3
Brush up on your Excel skills and become familiar with data management tools like Tableau. Being able to demonstrate your proficiency in these areas can set you apart from other candidates.
✨Tip Number 4
Prepare for behavioural interview questions by reflecting on your past experiences in managing priorities and working under tight deadlines. Be ready to share specific examples that highlight your problem-solving abilities.
We think you need these skills to ace Transaction Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in transaction management, loan closing, and servicing coordination. Use specific examples that demonstrate your skills in managing complex client onboarding and data management.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and how your background aligns with the responsibilities outlined in the job description. Mention your experience with loan transactions and your ability to work under tight deadlines.
Highlight Relevant Skills: Emphasise your quantitative skills, proficiency with Excel, and familiarity with tools like Tableau or Loan IQ. Make sure to mention any experience you have with operational processes in wholesale lending.
Showcase Problem-Solving Abilities: Provide examples of how you've successfully navigated challenges in previous roles. Highlight your analytical skills and your ability to collaborate with various stakeholders to achieve results.
How to prepare for a job interview at Citi
✨Understand the Lending Lifecycle
Make sure you have a solid grasp of the lending lifecycle, especially the processes involved in loan closing and servicing. Be prepared to discuss how you can contribute to improving these processes and ensuring compliance with internal policies.
✨Showcase Your Analytical Skills
Highlight your quantitative skills and proficiency with tools like Excel and Tableau. Be ready to provide examples of how you've used data analysis to solve problems or improve processes in previous roles.
✨Demonstrate Strong Communication Abilities
Since the role involves collaborating with various teams, emphasise your communication and interpersonal skills. Prepare to share instances where you've successfully worked with different stakeholders to achieve a common goal.
✨Prepare for Scenario-Based Questions
Expect questions that assess your decision-making capabilities and ability to handle tight deadlines. Think of specific situations where you've had to manage multiple priorities and how you navigated those challenges.