Loan Doc & Proc Analyst 2 - C10 at Citi

Pune, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

03 Apr, 26

Salary

0.0

Posted On

03 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Loan Documentation, Loan Processing, Risk Management, Problem Solving, Communication Skills, Interpersonal Skills, Analytical Skills, Attention to Detail, Technical Experience, Process Improvement, General Ledger Entries, Cash Transactions, Loan Reconciliations, Audit Policies, Customer Interaction, Bank Systems Knowledge

Industry

Financial Services

Description

Develops working knowledge of industry practices and standards. 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) calculations. In addition, there will be possible interaction with other counterparties around positions and outstanding balances/claims. Supports 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 Timely management and escalation of all inquiries and issues related to loan processing Has direct interaction with external customers to disseminate or explain information Demonstrates an intermediate level of understanding of products and processes, and of how duties relate/integrate with others in the team and closely related teams Demonstrates an excellent knowledge of Bank related systems. Utilizes communication, interpersonal and diplomacy skills to interact with colleagues and stakeholders, and to exchange potentially complex/sensitive information, while sensitive to audience diversity Individuals at this level exhibit executional capabilities 2-5 years relevant experience Elementary level knowledge of Business Processes, Systems and Tools used in the Loan Process Demonstrate understanding of Loan Processes, Procedures, Products and Services Basic awareness of managing, preparing, and reviewing loan documentation Able to identify, mitigate, manage, resolve, and escalate risks and issues Awareness of risk types, policies and control measures and processes Comply with applicable laws, rules, and regulations, and adhering to Policies Bachelor's/University degree, preferably Master's degree ------------------------------------------------------ For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------

Responsibilities

The role involves managing the preparation and review of loan documentation and supporting various tasks related to the loan process. Responsibilities include processing and closing loans, performing reconciliations, and resolving issues related to loan documentation.