The role requires an extensive understanding and application of credit and counterparty risk concepts across multiple disciplines, including full understanding of how Citi’s credit policies, processes, and procedures should be applied to remedial situations.
Responsibilities:
- Provide strategic direction, transaction execution, and approval for Special Assets-managed credits
- Work with Special Assets Senior Transactors and valuation team members in the management and execution of the Special Assets portfolio
- Provide recommendation and/or approval for credit decisions and certain work product involving the Special Assets portfolio
- Responsible for timely and proactive execution of portfolio management responsibilities, particularly recurring monitoring requirements
- Accountable for ensuring appropriate classifications, risk ratings and valuations are approved and reported accurately and on a timely basis, and are in compliance with all policies, processes and procedures to promote a strong governance and controls environment
- Work proactively, and in a constructive and diplomatic manner, with internal and external stakeholders to advance favorable resolutions on transactions, including direct interaction with borrowers
- Communicate effectively with internal and external partners, senior management, regulators and other important stakeholders
- Mentor and develop Special Assets junior staff/analysts to advance their skillset and professional effectiveness
- Provide leadership for special projects and various priority initiatives
- Recommend changes to improve existing processes, policies, and procedures to achieve greater efficiency, governance and controls.
Qualifications:
- Extensive credit analysis skills, including large corporates
- Ability to run deal teams and manage large bank syndicates
- Paramount communication skills with ability to synthesize the argument in a logical and rational manner.
- 10+ years' experience in a credit-oriented role, preferably with a large multinational financial services organization.
- Experience in specialty industry lending structures, including Oil & Gas and ABL, is preferred but not essential.
- Sound understanding of credit issues and is able to establish and process risk mitigation plans from inception to implementation to resolution.
- Excellent negotiating skills with customers and internal partners.
- Capable of collecting information from various parties with potential opposing views/agendas in an efficient and detail-oriented manner.
- Ability to communicate and influence in a cross functional environment in settings that could involve conflicting priorities and timetables.
- Represents Citi in discussions with auditors and reviewers on issues relevant to their daily role
- Knowledge of typical commercial risk policies and procedures.
- Experienced in commercial credit analysis and remedial management.
- Proficient in collateral analysis and valuation, including real estate appraisals, field exams and asset searches.
- Senior Credit Officer approver designation or equivalent credit authority preferred.
Education:
- Bachelor’s/University degree, Master’s degree preferred
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
Risk ManagementRemedial Management
Time Type:
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