• Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Citi-US
  • 2018-10-21

Portfolio Banker - NAM Core Client Team

Portfolio Banker - NAM Core Client Team

  • Primary Location: United States,New York,New York
  • Education: Bachelor's Degree
  • Job Function: Risk Management
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 18040699


Description

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.

Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.

Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.

Summary
As a member of the Global Industries and Regional Credit ("GI & RC") group, this position will be a part of the NAM Core Client team and will manage corporate credit exposures in a variety of products to a broad range of clients from global investment grade names to smaller non-investment grade names. This position will support industry, product and risk partners in day to day credit activities as well as episodic strategic activities such as M&A.

Key Responsibilities
  • Maintain and manage a portfolio of complex cross-product (derivatives, ECA financing), cross-market (senior bank / bond) transactions 
  • Transactions include acquisition financing, leveraged financing, recapitalizations, and securitizations 
  • Primary industry coverage for the North American market 
  • Work with Capital Markets counterparts on credit approval and execution of transactions identifying key risks and structuring transactions to mitigate credit concerns 
  • Manage deal approval process including preparation of credit approval memos and transaction execution with product partners 
  • Review, approve, and manage credit analysis on a quarterly and annual basis
  • Co-manage troubled assets with IRM colleagues including valuation analysis, amendment approvals and monthly credit reviews 
  • Assist with special projects including stress testing, portfolio reviews, FCR, Risk Rating processes, Credit Policies and other programs reviews across product groups 
  • Interface with internal product / regional counterparts on new and existing deals 
  • Meet with sponsors and work with bank syndicates (as Agent) and consultants 
  • Work with portfolio manager on risk mitigation at both inception of transaction and ongoing
Development Value
  • This role supports significant and important industries at Citi and this person will have the opportunity to shape the firm's approach to dealing with transactions in across various industries, which includes everything from transaction approval to credit exposure management
  • This role will regularly interact with clients as transactions are being structured and contracts are being negotiated, and with regulators on specific deliverables
  • This person will have access to Citi's relationship managers and will have the opportunity to develop a more thorough understanding of a client's business plan
  • Capability to seamlessly move from one industry to another depending on market opportunities as well as day to day deal flow from our diverse customer set


Qualifications

  • Strong understanding of corporate finance and banking products 
  • Knowledge of bank and capital markets products and services; specific industry familiarity helpful 
  • Strong product and industry knowledge
  • Solid understanding of policies and procedures impacting the Credit Risk Management framework 
  • Sound risk and business judgment on the full spectrum of risk issues 
  • Independent problem solving skills 
  • Demonstrable skills required 
  • Strong written and verbal communication skills with the ability to present analysis and recommendation in a succinct manner
  • Proven strong analytical skills with good attention to detail, ability to provide big picture decision making and to mentor junior staff 
  • Demonstrated aptitude for tackling analytical questions through quantitative modeling and the analysis and manipulation of large data elements 
  • Ability to meet deadlines created due to business needs 
  • Ability to conduct onsite due diligence visits with relationship managers 
  • Bachelor's degree in Business Administration, Finance, or Economics preferred
  • 5 - 7 years credit risk or relevant experience, preferably gained at either Citigroup or at a major institution 
  • An MBA, CPA, or CFA preferred and formal Credit Training is a plus