Director, Leverage Finance Credit Risk

5 days ago


New York, New York, United States Citigroup Inc Full time
About the Role

Citigroup Inc. is seeking a highly skilled and experienced Risk Management professional to join our team as a Director, Leverage Finance Credit Risk. This role is responsible for providing leadership on risk and diligence issues, industry trends, capital structure, exposure management, syndication strategy, terms, and returns.

Key Responsibilities
  • Manage screening/reviews and approvals for non-investment grade holds and underwritings.
  • Evaluate complex deal structures across industries in the context of prevailing capital market conditions.
  • Make recommendations on transactions above specified amounts to senior management regarding credit approvals and declines.
  • Monitor the leveraged loan and high yield portfolio with focus on timely syndication of underwritten positions, performance, and classification of hold book and hedging of outsized or underperforming assets.
  • Manage and monitor a portfolio of leveraged finance names, including quarterly and annual reviews, risk rating accuracy, ongoing determination of emerging risks, and decisioning or recommending of incremental exposure requests.
  • Participate in discussions with senior management on strategic and exposure management decisions.
  • Work globally with partners in BCMA and LFU, which are part of Institutional Credit Management (In-Business Risk).
  • Support the Leveraged Finance Portfolio Manager on requests from Senior management, Credit Review/Audit, and regulators.
  • Assess financings with respect to earning threshold returns on capital.
  • Exercise leadership to address due diligence, capital structure, and syndication issues.
  • Protect the firm against franchise and reputation risk.
  • Oversee underwriting limit compliance and develop solutions to mitigate potential excesses.
  • Coordinate with LFU on portfolio management and reporting.
  • Co-manage criticized assets with Special Assets colleagues, including valuation analysis, amendment approvals, and monthly credit reviews.
  • Participate in regulatory interactions, communicate regulatory updates to internal constituencies as required.
  • Provide support for stress tests, CCAR, and other internal processes.
  • Develop skills of junior staff across the organization through training and transactions.
Competencies/Knowledge
  • Unquestioned ethics and excellent credit judgment on non-investment grade credits.
  • Understanding of heightened regulatory expectations of an institution such as Citi.
  • Knowledge of high yield syndication markets.
  • Appropriate risk appetite with respect to size of individual underwritings, overall book of deals, leverage levels, and hold positions.
  • Commitment to independent views and to be transparent in decision-making.
  • Discipline in making appropriate risk-reward decisions.
  • Robust collaboration across the firm with a wide range of bankers.
  • Ability to manage varied teams that are formed on a deal-by-deal basis.
  • Strong influencing and negotiating skills.
  • Strong conflict management skills.
  • Superior verbal and written communication skills.
  • Well-developed time management skills for a high volume of transactions, often with short timetables.
  • Constructive approach to regulatory interactions and adherence to regulatory guidance.
  • High sense of equanimity relative to competing pressures.
Qualifications
  • Current Senior Credit Officer (or external equivalent) approval authority with at least 10 years of experience in credit and structuring.
  • Experience in a complex, matrixed organization focused on credit approval, governance, controls, risk management at a top-tier institution.
  • Multiple, successful risk management roles over time spanning a range of products, industries, and geographies.
  • Strong knowledge of corporate finance concepts. Leveraged finance experience strongly preferred.
  • Bachelor's degree required, preferably in business, finance, or related field. Master's degree preferred.
  • Excellent oral and written communications skills.
  • Capable of prioritizing and multi-tasking in a dynamic, fast-paced environment.
About Citigroup Inc.

Citigroup Inc. is a global financial services company that provides a range of financial products and services to individuals, corporations, governments, and institutions. Our mission is to serve as a trusted partner to our clients, helping them achieve their financial goals and objectives.

We are committed to maintaining the highest standards of integrity, ethics, and compliance in all our business activities. Our employees are our greatest asset, and we strive to create a work environment that is inclusive, diverse, and supportive of our employees' growth and development.

Citigroup Inc. is an equal opportunity and affirmative action employer. We welcome applications from qualified candidates who share our values and are committed to making a positive impact in the communities we serve.



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