Job Information
Citigroup SVP, Special Assets - Transactor in Mumbai, India
This Remedial Mgmt Senior Officer I position is a 2LOD credit remediation position in the Asia South Cluster within International (ex. LATAM) Special Assets.
Key Responsibilities
Management of classified exposures in India and the Asia South Cluster across Banking & International Risk
Apply credit analysis and diagnostics techniques to identify key risks and mitigating factors, determine appropriate classification, and develop/implement remedial strategies as needed
Completion of Special Mention Assessments, including setting of effective classification triggers (among other related matters)
Working in partnership with 1LOD and 2LOD (ex Special Assets), manage exposures classified Substandard or worse, including the development of remedial objectives, exposure management strategies, build consensus on such goals and execute as appropriate
Together with the Valuation & Credit Analysis Team (VCAT), provide credit/supervisory inputs for CCMs and Enterprise Valuations (as required), the latter of which determines exposure impairments that may impact Individually Assessed reserves or write-offs
Provide timely escalation to 1LOD and 2LOD (ex Special Assets) partners and seniors in fast-developing credit situations
Active participation in periodic reviews, portfolio management and other BAU reporting exercises as required internally
Support local reporting and regulatory requirements, working closely with partners in such areas throughout the Asia South Cluster
Represent Special Assets as Subject Matter Experts in country/cluster/global forums and/or during discussions with external parties where relevant, especially in matters concerning credit classification. Over time, provide refresher and/or training sessions to internal stakeholders on such topics
Build effective working relationships and networks with other members of the Special Assets organization
Other job-related duties may be assigned on an ad-hoc basis
Qualifications
10+ years experience in credit analytics-related positions with exposure to corporate and/or commercial banking client situations
Excellent communication skills. Demonstrated ability to identify key credit/transaction risks and mitigating circumstances, forming a credit view & account strategy based on such analysis, effectively articulating the appropriate decisions and influencing stated outcomes amongst stakeholders
Sound understanding of the latest risk policies and procedures
Proficiency in collateral analysis and valuation
Self-starter who can demonstrate a disciplined approach in managing deadlines
Prior credit remedial, live deal structuring and negotiation experience will be an advantage, but not required
Currently on track for further CO/SCO elevation
Fluency in English (written and spoken)
Education
- Bachelor’s/University degree, Master’s degree preferred
The candidate will work directly with Special Assets' local team head in India on a daily basis, and report to the Asia South Cluster Lead.
Job Family Group:
Risk Management
Job Family:
Remedial Management
Time Type:
Full time
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