Job description

Overview

The Trade and Working Capital Services (TWCS) business provides a wide range of trade finance and trade services solutions to Citi’s corporate, financial institution, and public sector clients around the world. Citi’s global footprint is unique in the industry and provides for unmatched geographic reach and flexibility. Supported by a worldwide network of dedicated and experienced professionals, the TWCS business is well positioned to serve Citi’s clients wherever they conduct their business.

This role is part of TWCS’ In-Business Credit Risk Management (IBCRM) team.  More specifically, the person in this role will join a core group of structuring and credit professionals that focus on preventative controls globally.  The primary responsibility is managing Trade’s Global Deal Review (GDR) approval process for the Asia Clusters where we help deal teams with the structure and documentation of complex facilities.  Additional responsibilities include approving Product Approval Programs (PAPs), advising teams on new structures for submission to Citi's New Activity Committee (NAC), assisting deal teams on structure and documentation matters through a deal’s live cycle, managing the group’s product requirements (Deal Characteristics), participating in detective controls such as portfolio reviews, and supporting various projects and workstreams from a credit risk perspective.

The GDR portion of the role includes reviewing larger or more complex financing requests, making recommendations on structure and documentation, leading calls to review the requests, and summarizing decisions.  GDR is a business selection process (not a credit approval process) that was established to review material TTS Trade deals that meet certain criteria thresholds.  It is a control function for the TWCS business and considers structure (including documentation and operations) and credit as part of its decision-making process.

The IBCRM team is currently based out of New York, London, Miami, and Singapore.  The Credit Review Sr Group Manager – Asia position will be based in Singapore.

Position Objective

The Credit Review Sr Group Manager position will report to the global head currently based in NY.  This role will focus on the Asia portion of the TWCS business but will also cover requests on a global basis as needed and support and/or lead projects that are either regional or global in scope.  Credit Review Sr Group Manager position will work with the TWCS teams in the South Asia and North Asia Clusters to provide structuring advice, review requests and make recommendations on deals and other requests originating from those geographies.  The Credit Review Sr Group Manager position also (1) has a senior role in TWCS Cluster Portfolio Reviews and FI/Corporate portfolio reviews, (2) reviews TWCSs new product ideas and, as needed, NAC submissions, (3) helps manage overdue and fallen angel positions in the TWCS portfolio and (4) supports various other credit risk and related work streams for the global TWCS business.

Key Responsibilities

Specific responsibilities include the following:

• Review GDR requests from South Asia / North Asia Clusters and provide comments/recommendations to the deal teams + escalate/communicate exceptional requests as needed. The intent is that the person filling this position will progress rapidly toward becoming a GDR approver -- leading GDR calls for the Asia Clusters and providing Business Senior Credit Officer (BSCO) approvals for Product Managed Name facilities
• Support local deal teams with their requests and recommend modifications to structure and GDR submissions as appropriate
• Participate in the amendment of GDR Guidelines in coordination with key stakeholders
• Draft and maintain GDR summaries for financing requests within the Asia Clusters
• Actively participate in Portfolio Reviews for the Asia Clusters
• Conduct and participate in portfolio reviews of various Corporate and FI clients
• Review and approve PAPS and materials for NAC discussions

The Credit Review Sr Group Manager position is high-profile and presents meaningful opportunities to influence the portfolio quality (for example, cost of credit, tenor, Deal Characteristic compliance) for the TWCS business

Most work will be completed from the Singapore office with occasional travel to support the region

Qualifications

• 10+ years of relevant experience.
• 8 years of credit and structuring experience Business SCO or Risk SCO is "Good To Have"
• 3 years or more of experience in or exposure to the TWCS business either with Citi or with another similar institution.
• A detailed understanding of Trade Regulations.
• A thorough understanding of Trade Products and product requirements.
• Excellent written and verbal communication skills.
• Management skills and experience beneficial.

Education

• Bachelor's degree or Equivalent experience.
• Master’s degree is "Good to Have"

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