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The Loan Doc & Proc Analyst 2 is a developing professional role. Applies specialty area knowledge in monitoring, assessing, analyzing and/or evaluating processes and data. Identifies policy gaps and formulates policies. Interprets data and makes recommendations. Researches and interprets factual information. Identifies inconsistencies in data or results, defines business issues and formulates recommendations on policies, procedures, or practices. Integrates established disciplinary knowledge within own area with basic understanding of related industry practices. Good understanding of how the team interacts with others in accomplishing the objectives of the area. Develops working knowledge of industry practices and standards. Limited but direct impact on the business through the quality of the tasks/services provided. Impact of the job holder is restricted to own team.
Job Responsibility:
Provide comprehensive support & manage all types of audits, ensuring compliance with internal and external requirements
facilitate regulatory reporting processes, maintaining accuracy and adherence to all applicable regulations for Lending Operations process
Manage the generation and distribution of internal Management Information Systems (MIS) reports, ensuring timely and insightful data for decision-making towards Corporate Loans
Lead and contribute to change management initiatives, focusing on smooth transitions and successful adoption of new processes or systems
Drive and participate in automation and system enhancement projects, identifying opportunities for efficiency and implementing solutions
Perform and oversee various types of reconciliations to maintain data integrity and accuracy across systems and reports
Activities will include independently processing and closing loans within a complex loan operations environment
Supports an expansive and/or diverse array of products (risk and control) /services
Follows established procedures to identify and resolve problems related to loan 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
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
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
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
Requirements:
4-5 years of progressive experience in roles involving operations, internal controls, audit, compliance, or system enhancement projects within a complex organizational environment, preferably in the financial services sector
Elementary level knowledge of Business Processes, Systems and Tools used in the Loan Process
Experience in Regulatory Reporting & Audit management is preferred
Deep expertise in performing and overseeing various complex reconciliations
Experience in Loan processing
Direct experience in contributing to process change initiatives, particularly those related to regulatory in nature, process improvements, automations or system implementations
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
Master’s Degree, especially an MBA or a Master's in a specialized field relevant to finance, Banking, Accountancy or Risk Management