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Transaction Capture Rep - C05

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Citi

18d ago

  • Job
    Full-time
    Junior Level
  • Business, Operations & Strategy
    Banking & Finance
  • Chennai

AI generated summary

  • You need 1-2 years of relevant experience, basic loan process knowledge, risk management awareness, and a high school diploma or equivalent. Must comply with laws and policies.
  • You will prepare and review loan documentation, process and close loans, ensure accuracy, manage risk, and communicate with stakeholders while adhering to policies and compliance standards.

Requirements

  • 1-2 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
  • High School diploma or equivalent

Responsibilities

  • 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
  • Interprets data and contributes to recommendations for loan process improvement
  • Minimizes risk to the bank through knowledge of procedural requirements - understands and monitors errors to suggest solutions to reduce errors, adheres to audit and control policies with knowledge of lending documentation, operations, and terminology
  • Timely escalation of all inquiries and issues related to loan documentation
  • Develops a good understanding of products, processes, industry practices and standards
  • Applies a good knowledge of a wide range of specialized administrative/technical skills to monitor, analyze and/or evaluate processes and data
  • Ensures the accuracy of tasks performed, and the quality and timeliness of tasks that affect own team and closely related teams
  • Applies a good understanding of how the team and area integrate with others in accomplishing the objectives of the wider team/working group
  • Utilizes good communication and interpersonal skills to interact with colleagues and stakeholders, to exchange potentially complex/sensitive information
  • May have direct interaction with external customers to disseminate or explain information
  • Individuals at this level exhibit basic executional capabilities and are beginning to take on more responsibilities
  • Performs loan documentation/processing functions of moderate complexity
  • 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.

FAQs

What are the primary responsibilities of a Transaction Capture Rep?

The primary responsibilities include preparing and reviewing loan documentation, processing and closing loans within a complex loan operations environment, interpreting data for process improvement, minimizing risk, timely escalation of issues, and ensuring accuracy and quality in performed tasks.

What qualifications are required for this position?

The qualifications required include 1-2 years of relevant experience, basic knowledge of loan processes and documentation, and a high school diploma or equivalent.

Is prior knowledge of loan documentation necessary?

While elementary level knowledge of loan processes, procedures, and documentation is required, extensive prior knowledge is not necessary.

What skills are essential for success in this role?

Essential skills include good communication and interpersonal skills, the ability to assess and manage risk, and a basic understanding of business processes and tools used in the loan process.

Who will I interact with in this role?

You will interact with colleagues, stakeholders, and may have direct interaction with external customers to explain or disseminate information.

What type of work environment can I expect?

You can expect to work in a dynamic loan operations environment with a focus on achieving team objectives and ensuring quality service.

Are there opportunities for growth in this position?

Yes, individuals at this level exhibit basic executional capabilities and are beginning to take on more responsibilities, providing a path for growth.

What measures are in place for compliance and risk management?

Individuals are expected to comply with applicable laws and regulations, adhere to policies, and apply sound ethical judgment regarding business practices while managing and escalating risks.

Is there training provided for new hires?

Yes, training will typically be provided to help new hires understand loan processes, procedures, and tools.

How does Citi ensure diversity and inclusion in its hiring practices?

Citi is an equal opportunity and affirmative action employer and ensures that all qualified applicants are considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

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.

Benefits

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