At a Glance
- Tasks: Manage loan settlements and oversee a dynamic team in a global financial institution.
- Company: Join Citi, a leading global financial services company with a mission to drive economic progress.
- Benefits: Enjoy competitive salary, generous holiday allowance, private medical insurance, and hybrid working options.
- Other info: Citi promotes a diverse workplace where everyone can thrive and be their authentic selves.
- Why this job: Be at the forefront of the loan market and make a real impact on financial services.
- Qualifications: Experience in loan settlements and strong analytical skills are essential.
The predicted salary is between 56700 - 69300 £ per year.
Are you looking for a career move that will put you at the heart of a global financial institution?
By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
The Senior Analyst will be responsible for managing the settlement of LMA Par Trades within the secondary loan market and the continuous maintenance of commitments with agent banks.
The successful applicant would be required to manage a varied portfolio of loans whilst providing supervisory oversight for the team.
This is a role for a seasoned professional with in dept knowledge of the loans market and extensive experience of trade settlements and loan administration.
Team/Role Overview
Loan Settlements Senior Analyst is responsible for processing the daily settlements of LMA par trades closed in the secondary market.
Commitments held with Agent banks must also be serviced in a timely and accurate manner, ensuring accurate bookings of drawdowns, rate fixings, fees etc.
The jobholder will deal with scheduled and unscheduled events, some of a complex nature, and must ensure issues and queries are quickly resolved in accordance with internal guidelines and procedures
This is an area where timely/efficient and accurate settlement significantly impacts the reputation of the firm and the franchise of the desk.
The jobholder will liaise with Loan Closers, Counterparties, Agent banks, and various internal departments to ensure timely and professional settlement of trades.
- What you’ll do
- Ensuring all BAU activities are completed within deadlines, ensuring processes & controls are adhered to
- Action/authorise/supervise the daily loan settlement processing across the EMEA region
- Act as referral point for the team and provide guidance and training where necessary
- Support the Section Head in decision making and strategic planning.
- Settlement of LMA par trades within the secondary loan market and continuous maintenance of commitments held with Agent banks.
- Accurate booking of Loans, Fees, Rate-Fixing, Settlements, Commitments and Sub Participations
- Scheduled and unscheduled events, some of a complex nature, to be resolved in accordance with internal guidelines and procedures.
- Monitoring/tracking/reporting of all trade settlements using appropriate workflow tools
- Escalating control gaps and issues to senior management
- Build relationships throughout the business to establish a peer network.
- Resolving complex problems where the analysis of situations or data requires an in-depth evaluation of loan procedures and industry standards.
- Assist in UAT testing of projects and new enhancements.
- Seek to improve operational procedures and controls within the group. Identify weakness, articulate these and offer up solutions
- What we’ll need from you
- Relevant experience of secondary loan settlements
- Extensive knowledge of loan product and servicing specifics for syndicated loans, secondary loans trading and secondary loan settlements.
- Very good understanding of common market practices.
- Experience of supervising / mentoring staff
- Ability and willingness to work in a structured, high paced environment, with daily routine operations.
- Strong problem solving, research and analytical skills
- Strong awareness of risk and control framework.
- Ability to multitask to complete all aspects of this role and to meet deadlines or required standards.
- Demonstrable market risk, operational risk and control awareness.
- Attention to details / high level of accuracy.
- Must think independently and take ownership for the resolution of any potential issues.
- Works well under pressure.
- Ability to make evaluative judgements based on analysis of facts and data
- What we can offer you
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 London, 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
Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.
We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Job Family Group
Operations - Transaction Services
Job Family
Loan Documentation and Processing
Time Type
- Full time
- Most Relevant Skills
Please see the requirements listed above.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
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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Loan Settlements Senior Analyst (Assistant Vice President) employer: Citigroup, Inc.
Citi London is an exceptional employer, offering a dynamic and inclusive work environment that fosters innovation and collaboration. With a competitive salary, generous annual leave, and a hybrid working model, employees enjoy a healthy work-life balance while having access to extensive learning and development resources. As a key player in the Equity Derivatives Technology team, you will have the opportunity to lead impactful projects and grow your career within a globally recognised financial institution.
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We think this is how you could land Loan Settlements Senior Analyst (Assistant Vice President)
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We think you need these skills to ace Loan Settlements Senior Analyst (Assistant Vice President)
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