Senior Loans Administrator – Loan Services - Cork, IE

Banking Services Dublin, Ireland


Senior Loans Administrator– Loan Services 
Ireland- Cork

About Citco

Citco is a global leader in fund services, corporate governance and related asset services with more than 7,000 staff across 80 offices worldwide. With more than $1 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.

About the Team & Business Line:

Fund Administration is Citco’s core business, and our alternative asset and accounting service is one of the industry’s most respected. Our continuous investment in learning and technology solutions means our people are equipped to deliver a seamless client experience.

We are currently looking for 3 Senior Loans Administrators to join the Loan Services Team within CITCO Funds Services, and based in Cork, Ireland.
As a core member of our Loan Services team, you will be working with some of the industry’s most accomplished professionals to deliver award-winning services for complex fund structures that our clients can depend upon.

This is an analytical and multi-faceted role that requires the team member to be able to analyze and maintain a range of complex bank loan security types and lifecycle events in support of NAV administration, as well as performance of loan agency administrative functions and documentation preparation. This role involves servicing a diverse range of hedge and private equity clients pursuing different trading strategies

Your Role:

  • Responsible for the maintenance of syndicated and bilateral debt processing of lifecycle activities
  • Ensure accurate processing of daily loan transactions and credit events including, but not limited to, trade settlement, principal paydowns, drawdowns, contract rollovers, rate setting, PIK capitalization
  • Manage daily operational workflows and maintain oversight of asset servicing – ensuring completeness and accuracy of position, accrued interest and cash data in loans system & underlying accounting platform
  • Perform reconciliations of loan pars, accruals and cash between internal and external systems, investigating and commenting break items and resolving same within pre-agreed timeframes
  • Understand the role of Loan Services in generating reporting in support of NAV process and actively liaise with various internal departments to meet monthly/quarterly NAV deliverables
  • Act as point of contact for client queries/requests and drive resolution of issues relating to client accounts
  • Prepare various loan notices including, but not limited to, billing statements, maturity/rollover notices, repricing notices, borrowing notices, prepayment notices
  • Actively monitor bank accounts and reconcile against expected cash inflows and outflows
  • Generate deal summary documentation for individual transactions identifying deal-specific terms/nuances

About You:

  • You are analytical, organized with ability to handle various responsibilities simultaneously and prioritize effectively
  • Hands-on and comfortable learning new applications and sourcing information from numerous systems
  • Experienced in maintaining a control environment and adhering to standard operation procedures
  • Flexible and comfortable adapting to fluid operational requirements and deliverables
  • Capable of communicating in a strong and professional manner with diverse internal and external stakeholders, as well as escalating issues to management in a timely manner
  • A minimum of 2 years’ experience in a similar role within Loan Services is required
  • You have experience of a range of debt product types including, but not limited to, syndicated (par & distressed), bilateral, direct lending originations, commercial real estate loans, total return swaps, letters of credit
  • You have strong Microsoft excel capabilities (pivots, Lookups), with previous experience of ClearStructure Sentry loan system a benefit, but not essential

Our Benefits

Your wellbeing is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.