• Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Citi-US
  • 2019-02-18

Sponsor Finance Specialist

Sponsor Finance Specialist

  • Primary Location: United States,New York,New York
  • Education: Bachelor's Degree
  • Job Function: Private Client Product Mgmt
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: Yes, 10 % of the Time
  • Job ID: 19004561


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 to are widely available to all.

Brief Description of the Organization CBNA is the primary legal entity for Citi, providing products and services to consumers, financial institutions and corporate clients around the world. In the past, Citi has provided most of its internal reporting on a business by business basis. With the changes in the regulatory environment, strong legal entity reporting and governance has become essential. This team is responsible for ensuring that CBNA has the appropriate governance and control infrastructure to meet the demand for legal entity planning, execution, information management and the ever-evolving regulatory environment.
Description of the Position
The Sponsor Finance Specialist has the responsibility to work with the Private Bankers and Transactors in North America and Latin America for completing the due diligence, underwriting, obtaining approval and reviewing/closing documentation for new Bilateral, Agented or Participation Facilities (Subscription Credit Facilities or SCF) to Private Equity Firms secured by their LP capital commitments. The Specialist will also be responsible for all the day to day requirements of managing a portfolio of SCF Loans. These requirements will include but not be limited to annual reviews, credit underwritings, portfolio reviews, remedial management, amendments, modifications, etc.

Qualifications

Education: Minimum Bachelor's Degree required.
3 to 5+ years of relevant work experience in the structuring and managing of loans to private equity firms, corporations or against Private Bank type Credit Products.
An in depth knowledge and understanding of Financial Analysis. Formal Credit Training is Preferred.
Strong communication and negotiating skills. Able to negotiate, interact and influence internal and external clients.
Strong decision making skills.
Ability to self-motivate, multi task and be able to adapt to change as well as work under time pressure to meet deadlines.