Vacancies at Citi

The role is a Revenue generating role responsible for origination, structuring, execution and on-going client management of Trade & Working Capital deals across SSA. It is critically required to support the future growth in revenues and development of solutions to client’s needs. This will support the significant growth plans that SSA Trade & Working Capital has built into the Strategy plan.

The Structured Trade Head leads a small team directly, yet interacts with multiple teams through other managers and directly. In-depth understanding of how own sub-function (Trade Structuring) contributes to achieving the objectives of the function (Trade & Working Capital). A good understanding of the industry, direct competitors' products and services, is also necessary in order to contribute to the commercial objectives of the business. Requires thorough understanding of the strategic direction of the function within the relevant part of the business, combined with a solid conceptual/practical grounding in both the function and/or area of expertise and related subject areas. Excellent communication skills required in order to negotiate internally, often at a senior level. External communication/negotiation is also necessary e.g. with clients, lawyers, vendors etc. Responsible for executing functional strategy in area managed. Determines approach to implementing functional strategy. Accountable for end results, budgeting, planning, policy formulation and contribution to future strategy of the area(s). Impact reflects size of team managed, strategic influence on the business and interaction with other functions or businesses. Full management responsibility for multiple teams, including management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval. May be doing/involved or responsible for diverse (cross-discipline) activities.

Responsibilities:

• The Structured Trade Head is responsible for overseeing the Trade Structuring Transactors, Analysts and Specialists within SSA, across all industry and client segments
• There will be a small group of Full Time Equivalents managed within the group and the portfolio will be material to the overall Trade & Working Capital business
• Responsible for setting the strategy for the team, managing the budget, driving origination, structuring and executing transactions across SSA
• Responsible for coordinating up with the SSA Trade & Working Capital Head to set and manage the overall Pillar
• Responsible for executing against his/her financial and risk framework and reporting on a monthly basis against their targeted goals and objectives
• Designated as the first line of defense in regards to the governance and management of the Product, Credit Risk, Operational Risk and Compliance Risk for sub-function
• Effective and timely coordination with the respective Coverage, Client Solutions, and Support functions within SSA
• Represent Citi\TTS\Trade at the respective industry forums and councils for Trade Structuring matters or as requested
• Proactively identify market conditions and trends that impact the Product Pillar or function, and provide timely, viable and manageable solutions to address as needed
• Credit Structuring skills and risk assessment experience within the Trade Finance, Commodities, Asset Distribution, EAF Pillars and Trade & Working Capital Credit processes - Global Deal Review
• Product knowledge of Trade Product set and the critical essential conditions as outlined in the Global Product Programs and Risk Acceptance Criteria
• 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:

• 15+ years of experience, including 8-10+ years' managerial experience
• Extensive Trade Product and Credit Risk Management and Principle experience
• Knowledge of the Citi Infrastructure (or similar) processes in regards to Risk management and Operational processing within SSA
• Exceptional organization skills
• Tertiary level education

Education:

• Bachelor’s/University degree, Master’s degree preferred and managerial experience

go to method of application »

ICG Risk Analysis (IRAUs) is an integral part of the Institutional Credit Management ("ICM") organization.  The IRAU's mandate is to deliver best-in-class credit risk analysis, monitoring and credit administration as a partner to ICG Risk and Banking, Capital Markets and Advisory's (BCMA) shared commitment to ensuring the safety and soundness of wholesale lending across ICG.

ICG Risk Analysis Credit Risk Portfolio Managers are responsible for setting the direction for and leading the ICG Risk Analysis Teams, covering their sectors and/or lines of business, while maintaining a strong relationship with Risk and Banking partners for covered portfolios. 

This role has responsibility for the portfolio of specific industry relationships and the role reports directly to the ICG Risk Analysis (IRAU) EM EMEA Region Head.

Key Responsibilities:

• Accountability for ensuring risk analysis of applicable portfolio is consistent with industry leading practices and conforms to all internal credit procedures/policies, and all related regulatory expectations
• Continuous engagement with applicable BCMA and Independent Risk senior stakeholders in the region to so as to understand any concerns regarding execution of risk analysis and/or emerging risks which will need to be addressed by the team
• Execute Region Head plans, strategy and objectives for ICG Risk Analysis
• Coordinate with the Global Head of ICG Risk Analysis, the Head of ICG Risk Analysis Transformation & Core Operations and Team, Region Heads and the other Credit Risk Portfolio Managers as appropriate to address and escalate emerging risk concerns and to share best practices
• Ensure ongoing and timely feedback and coaching of Credit Risk Team Leads to sustain a strong credit culture and an unwavering commitment to excellence in analysis and execution
• Partnership with applicable regional and industry stakeholders in BCMA and Independent Risk in the design of credit assessment and monitoring standards for applicable portfolios
• Attract, develop and retain top quality staff including as regards active engagement with regional on-campus recruiting efforts to ensure a robust pipeline of talent
• Actively participate in Learning, Develop and Training opportunities including instructor led courses; participate as guest speakers
• Support Global Head of ICG Risk Analysis and Head of ICG Risk Analysis Transformation & Core Operations on internal projects and initiatives
• Support ICG Risk Analysis Voice of the Employee (VOE) initiatives
• Travel (less than 10%)

Knowledge/Experience:

• Demonstratable financial services experience, including 7-10 years of credit experience in Banking, Credit Risk Management or equivalent credit experience
• Deep knowledge of Wholesale Credit Processes and organizational awareness including IRAU functions, covered portfolios, and processes
• Proficient understanding of policies and procedures with the ability to execute change seamlessly
• Senior Credit Officer (SCO) or demonstrating the skills aligned with that designation
• Excellent and thorough knowledge of Citi´s systems
• Significant experience in preparing presentations for seniors
• Outstanding awareness and adherence to the control environment including Quality Assurance and Quality Control

Skills/Competencies:

• Strategic orientation to ensure the IRAU organization continues to be positioned as a thoughtful and proactive partner on driving best practices to support safety and soundness within ICM and Citi
• Recognized as a skillful manager with a track record of building high performing teams
• Proven culture carrier
• Powerful interpersonal skills, with the ability to build relationships and exert influence with and without direct authority
• Solid organizational skills with ability and willingness to work under pressure and manages time and priorities effectively with little to no supervision
• Highly effective written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority
• Advanced Microsoft Office (Word, Excel, and PowerPoint) skills

Qualifications:

• BA/BSc in Finance or Accounting or higher degree in Business (MBA), or any other related subject