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Portfolio Credit Manager - Senior Credit Officer - Director - Power / Chemicals / Mining / Aviation

New York
Job Type
1 Oct 2021
Job Summary:This Director (C-15) position will be a Portfolio Manager on the North American Regional Credit team and be responsible for:1) Risk managing corporate credit exposures (including loans, derivatives and cash management products) to approximately 160 BCMA clients operating in the Power, Chemicals, Metals & Mining and Aviation industries. In performing these duties this position will directly manage a team of SVPs and VPs.2) Risk approving new credit exposure transactions. Candidates should have SCO (or SCO 2) experience.The position will interact heavily with Citigroup's Relationship Banking organization and product/capital markets groups in pursuit of its portfolio management and approval duties. This position will report directly to the Head of the North American Regional Credit team. Key responsibilities:Maintain and manage a portfolio of credit exposures (including IG and NIG loans, derivatives, cash management products) to Citi's North American clients operating in the Power, Chemicals, Metals & Mining and Aviation industries in compliance with Citigroup's policies, procedures and best practicesApprove new transactions and periodic credit reviews as an SCO (or SCO 2). Transactions include acquisition financing, leveraged financing, recapitalizations, derivatives, securitizations, cash management productsManage and lead a team of Senior Vice Presidents and Vice PresidentsPartner and collaborate closely with Citi relationship and product organizationsCommunicate clearly with Citi relationship and product organizations, particularly with respect to "pushback" (transactions not to be approved, modification to structure or additional due diligence/conditions to approval)Advise and make concise approval recommends to senior managementInteract directly with FCR, IA and banking regulators during their periodic and ad-hoc reviewsProvide on the job training to new team members and other constituentsAssist with special projects Co-manage troubled assets with IRM colleaguesWork with Risk colleagues on risk mitigation at both inception of transactions and on an ongoing basisQualifications and Competencies:Bachelor's degree in Business Administration, Finance, or Economics preferredAn MBA, CPA, or CFA preferred and formal Credit Training is a plusSeasoned SCO or SCO 2 required7 - 10 years credit risk experience, preferably gained at either Citigroup or at a major financial institutionKnowledge of and multiple years of experience in risk managing one or more of the following industries: Aviation, Power, Chemicals and Metals and MiningDemonstrated ability to lead and inspire seasoned risk subordinates and collaborate effectively with relationship and product partners.Experience with Leverage Finance and the regulatory framework governing Leverage Finance.Strong understanding of corporate finance and bank and capital markets products and services Ability to work within the bank's credit risk management framework, policies and proceduresProven strong analytical and credit analysis skills with good attention to detail and ability to provide big picture decision makingAbility to conduct business due diligence and assess a company's strengths and weaknesses and competitive position within its industryIndependent problem solving skills, ability to prioritize and meet deadlinesStrong written and verbal communication skills with the ability to present analysis and recommendations in a succinct manner to senior managersAbility to handle adversity, to push back on industry and product partners and to help them transform inferior deals into acceptable onesJob Family Group: Risk ManagementJob Family:Credit & Portfolio Risk ManagementTime Type:Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.View the "EEO is the Law" poster. View the EEO is the Law Supplement.View the EEO Policy Statement.View the Pay Transparency Posting
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  • Job Reference: 386581184-2
  • Date Posted: 1 October 2021
  • Recruiter: Citibank
  • Location: New York
  • Salary: On Application
  • Sector: Mining / Oil / Gas
  • Job Type: Permanent