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Loans Agency Transaction Management Vice President

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Citi

1mo ago

  • Job
    Full-time
    Expert Level
  • Banking & Finance
  • London

AI generated summary

  • You must have strong communication skills, attention to detail, analytical abilities, knowledge of loan documentation, client management, and understanding of financial regulations and operational procedures.
  • You will engage with stakeholders, negotiate loan documentation, manage complex requests and defaults, lead team workflows, mentor juniors, and guide agency operations for deal onboarding.

Requirements

  • 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.
  • Keen attention to detail
  • Developed analytical and problem-solving abilities
  • Client relationship and solution skills
  • Responsibilities of the facility agent, and any legal, regulatory, credit, or financial restrictions
  • Risks the facility agent is exposed to
  • LMA and LSTA loan documentation
  • Common market and business practices
  • Structure of the different types of facility
  • Commercial aspects of the different types of business
  • Roles of other parties to syndicated loan documentation e.g. Security Agent, Account Bank, Intercreditor Agent, Arranger
  • Debt workout situations
  • Treatment of L/Cs, guarantees, and ancillary facilities
  • Knowledge of withholding tax rules and regulations, particularly treatment of FATCA.
  • Understanding of other products and how they may integrate with the loans product
  • Knowledge of operational procedures such as rate fixings, rollovers and payments

Responsibilities

  • Involvement with senior stakeholders/business heads to discuss new deal flows and attending front office pipeline meetings
  • Liaise with arrangers, lawyers and the originating business areas in the review and negotiation of complex draft loan / credit documentation from an operational, legal and agent’s role perspective. Provide comments, requests for amendments, and feedback as necessary.
  • Act as an escalation point within the team when staff need assistance
  • Review the most complex facility documentation, particularly with new types of product, negotiate the terms and conditions, and establish the procedures to handle them, providing a template for future deals of a similar structure.
  • Attend meetings/calls with front office personnel to ensure understanding of the responsibilities of the agent role for individual transactions.
  • Review and manage complex waiver/amendment/restructuring requests
  • Manage complex actual or potential events of default. Take the lead in negotiating on syndicate’s behalf where necessary, and oversee calls and meetings with syndicate
  • Co-ordinate and lead event driven calls with lenders/lawyers
  • Take a key role as a senior SME and have the necessary technical skills to build relationships with stakeholders, help manage the workflows across the team, providing guidance to, sharing knowledge with, and mentoring the less experienced members of the team
  • Provide information, instructions and guidance to the agency operations team to enable deal onboarding and loan booking.

FAQs

What are the key responsibilities of the Loans Agency Transaction Management Vice President?

The key responsibilities include engaging with senior stakeholders on new deal flows, liaising with arrangers and lawyers on loan documentation, acting as an escalation point for team members, reviewing complex facility documentation, managing waiver/amendment requests, negotiating on behalf of the syndicate, and mentoring less experienced team members.

What qualifications are required for this position?

Candidates must have excellent communication, organizational, and interpersonal skills, along with the ability to work under tight deadlines, manage priorities, and demonstrate keen attention to detail. Developed analytical and problem-solving abilities, as well as client relationship and solution skills, are also essential.

What type of experience is necessary for applicants?

Applicants should have experience related to the responsibilities of the facility agent, understanding legal and regulatory restrictions, knowledge of LMA and LSTA loan documentation, insight into debt workout situations, and familiarity with the structure of different types of facilities.

Are there additional qualifications that could enhance an application?

Yes, additional qualifications include knowledge of withholding tax rules (e.g., treatment of FATCA), understanding of other products that integrate with loans, and knowledge of operational procedures such as rate fixings, rollovers, and payments.

What is the job family group for this position?

The job family group is Operations - Transaction Services.

Is this a full-time position?

Yes, this is a full-time position.

Does Citi provide equal employment opportunities?

Yes, Citi is an equal opportunity and affirmative action employer, offering consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

What support does Citi provide for individuals with disabilities?

Citi invites individuals with disabilities who need reasonable accommodations to use search tools or apply for career opportunities to review the Accessibility section on their website.

What is the career advancement potential for this position?

The position offers significant opportunities for career progression, allowing individuals to build relationships with senior stakeholders and mentor junior team members, contributing to overall team and departmental success.

What skills will be valuable in this role?

Valuable skills include strong negotiation abilities, effective communication, the capacity to manage complex situations, and a thorough understanding of loan and credit documentation alongside solid analytical skills.

Finance
Industry
10,001+
Employees
1998
Founded Year

Mission & Purpose

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. Citi's operation is to provide financial services that enable growth and economic progress. Core activities are safeguarding assets, lending money, making payments and accessing the capital markets.

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