Loan Trader jobs at Citi Group in United Kingdom, London

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

What you’ll do

• Assist with a trading book and generate revenues and manage risk for the respective business
• Coordinate with Sales, Research, CMand and other organizations across Markets and Securities Services and the broader business
• Trade a book and deliver on budgeted revenues and manage book risk
• Establish and maintain key relationships to deliver trades to the desk
• Anticipate client demand in each respective product/market
• Coordinate with desk analysts as needed and with sales to develop the franchise
• Leading strong governance and controls:
• Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance in order to ensure appropriate governance and control infrastructure
• Build a culture of responsible finance, good governance and supervision, expense discipline and ethics
• Appropriately assess risk/reward of transactions when making business decisions; demonstrating proper consideration for the firm’s reputation.
• Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services
• Adhere to all policies and procedures as defined by your role which will be communicated to you
• Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe
• 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 and business practices, and escalating, managing and reporting control issues with transparency.
• regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

What we’ll need from you

• Experience in a related role
• Knowledge of respective products and clients
• Required licensing and registrations as applicable
• Advanced analytical and numerical competency
• Consistently demonstrates clear and concise written and verbal communication
• Effective interpersonal skills to develop and maintain relationships with internal and external stakeholders
• Ability to analyze and pitch situations and determine suitable counterparties
• Knowledge of Bloomberg, booking systems, trading protocol, closing technicalities

The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.

Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

• Honesty, integrity and reputation

• Financial soundness

• Competence and capability

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.

This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure

• A discretional annual performance related bonus
• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Time Type:

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

What you’ll do

• 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
• Involves in providing day-to-day loan transactional processing which may include booking cash transactions and making payments, performing loan reconciliations, input of general ledger entries and (complex) calculations
• Possible interaction with other counterparties around positions and outstanding balances/claims
• Supports an expansive and/or diverse array of products (risk and control) /services.
• Follows established procedures to identify and resolve problems related to loan documentation/processing activities that require investigation or research.
• Make recommendations to management to support process improvement.
• Resolves problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Designs and analyses moderately complex loan documentation reports to satisfy management requirements, support/control activities, and the launch of products/services.
• Makes evaluative judgments based on the analysis of factual information and provides assistance in the implementation of loan documentation process improvements.
• Minimizes risk to the bank through increased knowledge of procedural requirements - understands and monitors errors to suggest solutions to reduce errors, and to adhere to audit and control policies. Often related, but not limited to loan documentation processes.
• Timely management and escalation of all requests and issues related to loan processing
• Has direct interaction with external customers to disseminate or explain information
• Demonstrates an intermediate level of understanding of products and processes, and of how duties relate/integrate with others in the team and closely related teams
• Demonstrates an excellent knowledge of Bank related systems
• Utilizes communication, interpersonal and diplomacy skills to interact with colleagues and stakeholders, and to exchange potentially complex/sensitive information, while being sensitive to audience diversity
• Individuals at this level exhibit executional capabilities

What we’ll need from you

• Reasonable knowledge of the Business Processes, Systems and Tools used in the Loan Servicing Process
• Demonstrate understanding of Loan Processes, Procedures, Products and Services
• General awareness of managing, preparing, and reviewing loan documentation
• Adequate ability 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

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
• A discretional annual performance related bonus

• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Time Type:

Time Type:

By Joining Citi London, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Theis a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. This individual will be primarily responsible for supporting the conversion effort of our EMEA, CEEMEA & APAC portfolios from the legacy product processor to Loan IQ. Individual will closely partner with Global Loan IQ Senior Product Owners in the regions to ensuring requirements & mapping needs are properly documented to support the conversion. Typically a small number of people within the business that provide the same level of expertise. Excellent communication skills required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Accountable for significant direct business results or authoritative advice regarding the operations of the business. Necessitates a degree of responsibility over technical strategy. Primarily affects a sub-function. Responsible for handling staff management issues, including resource management and allocation of work within the team/project.

What you’ll do

• Responsible for the day to day management of executing to milestones and budget on multiple complex projects.
• Identify stakeholders and key organizations in order to build and manage relationships with each.
• Direct the creation of multiple work projects and manage their alignment to business goals.
• Lead the facilitation, coordination, and arbitration of cross-functional macro level topics within/across projects and with Senior Management.
• Lead the identification and drive resolution of issues, including those outside established projects of work.
• Work with stakeholders to ensure project scope definition meets business objectives.
• Work with Project Sponsor to ensure business case/cost benefit analysis is in line with business objectives.
• Drive adherence to project processes, procedures, methods, and standards for project delivery and leverage across the project.
• Assist project team in negotiating for resources owned by other departments in order ensure the project can be completed.
• Direct the communication of status, issue, and risk disposition to all stakeholders, including senior management, on a timely basis.
• Direct the identification of risks which impact project delivery and ensure mitigation strategies are developed and executed when necessary. Escalate program risks to the Program Director, or Program Sponsor, when appropriate.
• Applies advanced and comprehensive understanding of concepts and procedures within own area and basic knowledge of other areas to resolve issues that have impact beyond own area.
• 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 and business practices, and escalating, managing and reporting control issues with transparency.

What we’ll need from you

• Loan IQ experience
• Significant relevant loans experience
• Must have a clear understanding of the firm's different businesses and the related economics. Must be a subject matter expert in multiple or specific skill sets, business areas or products.
• This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
• A discretional annual performance related bonus

• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Time Type:

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

The Senior Analyst will be responsible for managing the settlement of LMA Par Trades within the secondary loan market and the continuous maintenance of commitments with agent banks.The successful applicant would be required to manage a varied portfolio of loans whilst providing supervisory oversight for the team. This is a role for a seasoned professional with in dept knowledge of the loans market and extensive experience of trade settlements and loan administration.

Loan Settlements Senior Analyst is responsible for processing the daily settlements of LMA par trades closed in the secondary market.

The jobholder will deal with scheduled and unscheduled events, some of a complex nature, and must ensure issues and queries are quickly resolved in accordance with internal guidelines and procedures

What you’ll do

• Ensuring all BAU activities are completed within deadlines, ensuring processes & controls are adhered to
• Action/authorise/supervise the daily loan settlement processing across the EMEA region
• Act as referral point for the team and provide guidance and training where necessary
• Support the Section Head in decision making and strategic planning.
• Settlement of LMA par trades within the secondary loan market and continuous maintenance of commitments held with Agent banks.
• Accurate booking of Loans, Fees, Rate-Fixing, Settlements, Commitments and Sub Participations
• Scheduled and unscheduled events, some of a complex nature, to be resolved in accordance with internal guidelines and procedures.
• Monitoring/tracking/reporting of all trade settlements using appropriate workflow tools
• Escalating control gaps and issues to senior management
• Build relationships throughout the business to establish a peer network.
• Resolving complex problems where the analysis of situations or data requires an in-depth evaluation of loan procedures and industry standards.
• Assist in UAT testing of projects and new enhancements.
• Seek to improve operational procedures and controls within the group. Identify weakness, articulate these and offer up solutions

What we’ll need from you

• Relevant experience of secondary loan settlements
• Extensive knowledge of loan product and servicing specifics for syndicated loans, secondary loans trading and secondary loan settlements.
• Very good understanding of common market practices.
• Experience of supervising / mentoring staff
• Ability and willingness to work in a structured, high paced environment, with daily routine operations.
• Strong problem solving, research and analytical skills
• Strong awareness of risk and control framework.
• Ability to multitask to complete all aspects of this role and to meet deadlines or required standards.
• Demonstrable market risk, operational risk and control awareness.
• Attention to details / high level of accuracy.
• Must think independently and take ownership for the resolution of any potential issues.
• Works well under pressure.
• Ability to make evaluative judgements based on analysis of facts and data

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
• A discretional annual performance related bonus
• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Time Type:

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By joining this desk, you will be responsible for trading the Par loan space

You will also be expected to lead and support on projects to enhance the existing trading strategies by incorporating additional instruments and dynamic procedures.

What you will do will be varied day to day, but the key drivers for the role are:

• Responsible for successfully trading Par loan, looking at relative value across loans and bonds to generate value and maximizing market opportunities.

• Responsible for flashing the P&L, signing off the P&L the following day and making sure that all risks are properly captured in the system and clearly articulated.

• Establish and maintain key relationships to deliver trades to the desk, coordinating with desk analysts as needed and with sales to develop the franchise.

• Liaise with sales to develop the franchise, anticipating client demand in each respective product/market. Primary clients would be both Hedge Funds and Asset Managers.

• Use existing (and help develop) trading dashboards to improve risk management and identify opportunities for revenue generation.

• Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance to ensure appropriate governance and control infrastructure.

• Appropriately assess risk when business decisions are made, demonstrating 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 behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.

What we will need from you:

• This is not an entry level role, so the successful candidate will need have traded in the past or worked closely with a trading team so will have a proven history of successful trading book management.

• It is expected that the successful candidate will have experience of trading High Yield names, understand how these market names trade.

• Experience of working closely with Sales, Research, and other organizations across Markets to provide market liquidity and help build the Citi franchise through the monetisation of client flows.

• Clear and concise written and verbal communication and effective interpersonal skills to develop and maintain relationships with internal and external stakeholders.

• A strong understanding of Bloomberg, booking systems, trading protocol, closing technicalities.

• Python, VBA, Bloomberg & Excel would be advantageous but not required.

The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.

Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

* Honesty, integrity and reputation

* Financial soundness

* Competence and capability

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.

This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.

Time Type:

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Responsibilities:

• Partner with multiple management teams to ensure appropriate integration of functions to meet goals as well as identify and define necessary system enhancements to deploy new products and process improvements
• Resolve variety of high impact problems/projects through in-depth evaluation of complex business processes, system processes, and industry standards
• Provide expertise in area and advanced knowledge of applications programming and ensure application design adheres to the overall architecture blueprint
• Utilize advanced knowledge of system flow and develop standards for coding, testing, debugging, and implementation
• Develop comprehensive knowledge of how areas of business, such as architecture and infrastructure, integrate to accomplish business goals
• Provide in-depth analysis with interpretive thinking to define issues and develop innovative solutions
• Serve as advisor or coach to mid-level developers and analysts, allocating work as necessary
• 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 and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• Relevant experience in Apps Development or systems analysis role
• At least 5 years of experience with Loan IQ Platform
• Experience with REST, JMS, SOAP, Microservices
• Experience with Spring Boot, Swagger, Tomcat and JSON and XML processing
• Very hands on role and associate should be able to write code on daily basis
• Experience with at least one of the Messaging Systems: Kafka, Tibco. IBM MQ, etc.
• Good knowledge of SQL
• Familiarity with Windows and Linux operating systems and able to write shell & batch programs
• Knowledge of Threading, Collections, Exception Handling, JDBC, Java OOD/OOP Concepts, GoF Design Patterns, File I/O
• Able to work with Continuous Integration and Continuous Deployment tools
• Demonstrated Subject Matter Expert (SME) in area(s) of Applications Development
• Ability to adjust priorities quickly as circumstances dictate
• Demonstrated problem-solving and decision-making skills
• Consistently demonstrates clear and concise written and verbal communication
• Ability to work under pressure and manage deadlines or unexpected changes in expectations or requirements

Education:

• Bachelor’s degree/University degree or equivalent experience
• Master’s degree preferred

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure

• A discretional annual performance related bonus
• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Time Type:

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