at Citizens in Chicago, Illinois, United States
Job Description
Description
The Credit Administrative Analyst (CAA) supports Asset Based Lending (“ABL”) Portfolio and Underwriting Teams on credit administrative tasks. Maintains and updates credit files, the CAA will take ownership and accountability for the overall credit file maintenance process. Scans hard copy financial reports submitted by client. Adds periodic financial reporting received from clients and internal documents such as approval memos, appraisals, etc. Coordinates with CBCS on document exceptions. Coordinates with Risk Management group to provide data for quarterly compliance testing. Maintains FaCT Database and assist with Exception Management. Receive financial reporting from Portfolio Managers or Credit Analysts and update FaCT to reflect receipt. Pulls financial reporting from Intralinks or Syndtrack (when available) and update FaCT. Coordinates with Portfolio Managers and Credit Analysts to update FaCT to reflect completed annual reviews. Runs reports (primarily FaCT and ORA) and proactively follow-up with PM’s, CA’s and PM TL on coming due items along with past due items and other exceptions. Provides email reminders to clients regarding due dates for upcoming and/or past due reporting requirements. Assists with the CRM Dashboard New Client Set-Up. Set-up FaCT evaluation requirements including financial reporting requirements, covenants and the annual review requirement. Updates Tracking Questions (including Country of Risk, ESE, etc.) Ensures industry codes are correct for identification and tracking purposes. Properly identifies Leverage Lending, Sponsor Owned accounts as well as multi-bank and SNC credits along with named agents. Completes the spread request forms and submit financial statements to Credit Services (i.e. spreading group) as requested by Portfolio Managers or Credit Analysts. Requirements:+ Minimum two years working experience in Commercial Banking.
+ Good knowledge of the credit process, loan documentation and collateral.
+ Excellent written and verbal communication skills
+ Ability to interact with all levels of employees, including senior executives
+ Has a clear sense and ability of when and why to escalate conflicts, concerns and issues
+ Ability to prepare presentations and reports using Word, Excel and PowerPoint
+ Ability to work independently and use own discretion when faced with decision making
+ Ability to organize and prioritize work and pay attention to detail
+ Experience in using Moody’s Credit Analyst, AFS, SalesForce, Content Manager is preferred.
Work Schedule and Hours Work Schedule: Monday – Friday Hours: 40Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.
Equal Employment Opportunity
At Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.
Equal Employment and Opportunity Employer
Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.
Why Work for Us
At Citizens, you’ll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth
05/12/2024