Loan Accounting Senior Analyst

Loan Accounting Senior Analyst is a seasoned professional and plays a critical role within the Accounting Controls Team. The ideal candidate will bring extensive experience in performing analysis of financial data and researching and remediating complex breaks. This role requires a deep understanding of the accounting flows of Lending Products and excellent communication skills, which are required to remediate subledger breaks across various loan processing groups within Lending Operations. The Loan Doc & Proc Lead is accountable for driving results in line with critical deliverables and deadlines.

Responsibilities:

• Perform detailed analysis of subledger reporting to identify source of breaks and determine path to remediation.

• Drive elimination of significant quantity of subledger breaks to ensure compliance with critical deliverables and deadlines.

• Conduct root cause analysis on issues identified in subledger reporting and collaborate with cross-functional teams (e.g., Technology, Finance, Operations, Data Office) to address underlying process or data errors.

• Identify key data attributions within subledger reporting and apply proper accounting flows of Loan Products to accurately remediate residual balances.

• Process transactions within the product processer as applicable to remediate breaks

• Work closely with finance, operations, and IT teams to implement system fixes or process changes as necessary to ensure accuracy of subledger.

• Provides guidance, support, and direction to junior members of the team

• Maintain thorough documentation of all remediation actions, providing regular updates to senior management on progress, issues, and resolution.

• Support management on reporting and projections of outstanding breaks and remaining items to remediate.

• Establish new reconciliations and substantiation controls to prevent and detect any new residual balances reported on liquidated contracts

Qualifications:

• 5+ years relevant experience

• Proven financial analysis skills

• Proficiency in analyzing large data sets and financial software systems

• Strong written and verbal communication skills with the ability to explain complex financial concepts clearly & collaborate with cross-functional teams

• Excellent attention to detail with the ability to manage multiple priorities in a fast paced-environment

• Knowledge of Loan Products and/or Loan Operations

• Strong working knowledge of Microsoft Excel and other office applications

Preferred Qualifications:

• Experience in project management initiatives related to finance or regulatory compliance initiatives

• CPA License

• Experience with Flexcube and/or LoanIQ

• Bachelor’s Degree in Accounting, Finance, or similar discipline

What we offer:

• Competitive salary connected with annual salary review and discretionary annual performance bonus

• Social benefits (private healthcare, award winning pension scheme, multisport, life insurance, holiday allowance, anniversary program, competitive maternity and paternity scheme)

• Hybrid model of work – from modern offices and from home, flexible working hours

• Working in a friendly, dynamic, supportive and diverse environment – including multiple affinity and social networks & voluntary activities to engage with

• Structured onboarding process and extensive training offering (e.g. including Udemy, Degreed)

• Opportunity to have an influence on the way you perform your tasks - our teams are constantly looking for new and better ways and we encourage all improvement ideas

• Unlimited development opportunities within Citi global network.

• Exposure to a wide range of internal stakeholders as well as to senior management