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Full-Time

Intm Assoc Credit Maint Anlyst

B11, Getzville

Posted on 10/25/2024

Citigroup

Citigroup

10,001+ employees

Global financial services and banking solutions

Fintech
Financial Services

Compensation Overview

$55.4k - $77.4kAnnually

+ Incentive Awards + Retention Awards

Entry

Cheektowaga, NY, USA

Category
Risk Management
Finance & Banking
Requirements
  • 0-2 years relevant experience
  • Basic knowledge of Business Processes, Systems and Tools used in the Loan Process
  • Demonstrate understanding of Loan Processes, Procedures, Products and Services
  • General awareness of managing, preparing, and reviewing loan documentation
  • Able to identify, mitigate, manage, resolve, and escalate risks and issues.
  • Reasonable awareness of risk types, policies and control measures and processes
  • Comply with applicable laws, rules, and regulations, and adhering to Policies.
  • Bachelor’s degree/University degree or equivalent experience
Responsibilities
  • Independently manages, prepares, reviews and processes loan documentation while providing support to a variety of tasks related to the loan process withing SLA.
  • Process hard mail received from postal carriers within required SLA.
  • Maintain, monitor, and oversee onsite Vault Access in accordance with safekeeping policy.
  • Manage, monitor, process and track other daily activities such as Document tracking records (DTR) releases, waiver & deferrals, invoicing, Uniform commercial Code (UCC), Insurance, and reporting (etc).
  • Provides informal guidance and/or on-the-job-training to new team members.
  • Deals with most loan-related problems independently and has some latitude to resolve complex issues, where expertise is required to interpret against policies, guidelines, or processes.
  • Applies judgment when interpreting data, preparing reports, and presents findings to management
  • Timely escalation and resolution of all inquiries and issues related to loan documentation.
  • Participates in and supports the implementation of projects and process improvement initiatives including the launch of new products/services, upgraded platforms that loan documentation/processing functions support and participating in UAT and operational readiness.
  • Demonstrates an understanding of the loan documentation processes to identify policy gaps/trends, makes resolution recommendations, and formulate policies to support the streamlining of related work processes.
  • Minimizes risk to the bank through a solid understanding of procedural requirements - provides solutions to reduce errors, to adhere to audit and control policies. Serves as a maker/checker for systematic transactions as a last line of defense.
  • 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 business practices, escalating, managing and reporting control issues with transparency.

Citigroup provides a wide range of financial products and services to various clients, including consumers, corporations, and governments. Its services encompass consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. Citi operates in over 160 countries, utilizing its global network and technology to offer solutions tailored to its diverse client base. The company generates revenue through interest from loans, fees from banking services, and commissions from investment activities. Unlike many competitors, Citi's extensive international presence and commitment to sustainability through ESG initiatives set it apart. The goal of Citigroup is to facilitate international trade and investment while managing financial assets and providing liquidity in the global financial system.

Company Stage

N/A

Total Funding

$59.8M

Headquarters

Tel Aviv-Yafo, Israel

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Citi's involvement in significant financial deals, such as the $41 million debt facility with Buyerlink, showcases its strong market presence and financial influence.
  • The company's focus on ESG initiatives aligns with growing global trends towards sustainability, potentially attracting more clients and investors.
  • Citi's technological innovations enhance its service delivery, offering employees opportunities to work with cutting-edge financial technologies.

What critics are saying

  • Operating in a highly competitive financial services market, Citi faces constant pressure to innovate and maintain its market share.
  • Global economic fluctuations and regulatory changes can impact Citi's operations and profitability, posing challenges for employees.

What makes Citigroup unique

  • Citi's extensive global network across 160 countries provides unparalleled access to cross-border financial services, setting it apart from regional competitors.
  • The company's commitment to ESG initiatives and technological innovation positions it as a forward-thinking leader in the financial services industry.
  • Citi's diverse range of services, from consumer banking to investment banking and wealth management, allows it to cater to a wide array of clients, unlike more specialized financial institutions.

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