ICM Counterparty Credit Risk (CCR) - Alternative Assets (Hedge Fund, Private Equity & IFO) Senior Credit Manager, Director - Hybrid
Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization.
ICM's Counterparty Credit Risk's objective is to provide integrated end-to-end credit underwriting, identification, measurement, management, and monitoring for wholesale credit risk across the enterprise.
Within ICM, the Underwriting function provides analysis, greenlight, underwriting, first-line-of-defense credit approval and subsequent credit monitoring across all ICG wholesale credit businesses including Banking, Capital Markets, and Advisory (BCMA), Global Structured Products, Financings, and Securitizations (GSP-F&S), Treasury & Trade Services (TTS), Markets, and Securities Services (MSS).
The Senior ICM Counterparty Credit Portfolio Manager will lead the 1st LoD (line of defense) Alternative Asset Management underwriting effort of a diverse client base of Hedge Funds (HFs), Private Equity (PE) and Markets family office (IFO) clients engaged in full suite of trading and lending products.
Primary activities include credit due diligence, credit reviews, credit approvals, and monitoring of the portfolio within the risk appetite of the overall business strategy.
Candidate should have experience managing hedge funds, private equity and Institutional family office.
Key
Responsibilities:
Leading and managing a global HF, PE and IFO teamRole demands excellence in analysis, underwriting, monitoring, and drives global consistency across regionsLeading due diligence efforts and managing counterparty credit risk to a global portfolio of HFs, PE and highly institutionalized family office clientsProvide oversight and challenge for the business covering full range of productsNegotiation of credit structures and documentation, including ISDA's, Derivatives Clearing, FCM.
Prime Brokerage and Repo documentsReview and approve client reviews, credit facilities, specific transactions, and exceptions within delegated credit authorityCollaborating with 2LOD colleagues to develop credit underwriting standards and policies for extending credit to institutional family officesSetting a global culture which demands excellence in analysis, underwriting, monitoring, and drives global consistency across regionsStrong knowledge of derivatives and structured lendingFacilitate relationships with key clients and internal partnerships
Qualifications:
15
years of experience in financial services and risk management requiredSignificant risk/risk-related counterparty credit work experience in banking/financial institutions with expertise in hedge funds, private equity, family office and alternative investment counterpartiesExperience in people managementClient Relationships / Business Partnership:
Navigates organizational complexity and breaks silosCreates and sustains a network of strong partnerships with the business in all segments & geographies and other risk functionsProven track record of partnering with global peers in leveraging and implementation of best practicesKnowledge, skills and experience required:
Provides well-reasoned, balanced assessments of risk/return trade-offs associated with transactions and client relationshipsProficiency in flow and complex financing and product structuresAbility to provide strategic insights and strong sensitivity to macro and regulatory issues, and impact of such issues on the various Risk families, including operational and franchise risksProven ability to effectively engage with regulators and internal control functions includingInternal Audit and Fundamental Credit Risk as well as with external auditDemonstrates strong ethics and integrityStrong leadership.
Dynamic, flexible, and with strong communication skillsAbility to see the 'big picture' in a complex environmentCan make decisions under pressure and short timelineExcellent verbal & written communication skills.
Active listening skills.
Demonstrated influencing and negotiating ability, resolve conflicts amongst various constituenciesExcellent presentation skills adept at presenting effectively to audiences of various sizes and various constituenciesEducation:
Bachelor's degree/University degree or equivalent experienceMaster's degree preferred------------------------------------------------------Job Family Group:
Risk Management------------------------------------------------------Job Family:
Credit Decisions------------------------------------------------------Time Type:
Full time------------------------------------------------------Primary Location:
New York New York United States------------------------------------------------------Primary Location Full Time Salary Range:
$170,000.
00 - $300,000.
00In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.
Citi offers competitive employee benefits, including:
medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
For additional information regarding Citi employee benefits, please visit citibenefits.
com.
Available offerings may vary by jurisdiction, job level, and date of hire.
------------------------------------------------------Anticipated Posting Close Date:
Mar 27, 2024------------------------------------------------------Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc.
and its subsidiaries (Citi) invite all qualified interested applicants to apply for career opportunities.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View the EEO is the Law poster.
View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting.
Estimated Salary: $20 to $28 per hour based on qualifications.
ICM's Counterparty Credit Risk's objective is to provide integrated end-to-end credit underwriting, identification, measurement, management, and monitoring for wholesale credit risk across the enterprise.
Within ICM, the Underwriting function provides analysis, greenlight, underwriting, first-line-of-defense credit approval and subsequent credit monitoring across all ICG wholesale credit businesses including Banking, Capital Markets, and Advisory (BCMA), Global Structured Products, Financings, and Securitizations (GSP-F&S), Treasury & Trade Services (TTS), Markets, and Securities Services (MSS).
The Senior ICM Counterparty Credit Portfolio Manager will lead the 1st LoD (line of defense) Alternative Asset Management underwriting effort of a diverse client base of Hedge Funds (HFs), Private Equity (PE) and Markets family office (IFO) clients engaged in full suite of trading and lending products.
Primary activities include credit due diligence, credit reviews, credit approvals, and monitoring of the portfolio within the risk appetite of the overall business strategy.
Candidate should have experience managing hedge funds, private equity and Institutional family office.
Key
Responsibilities:
Leading and managing a global HF, PE and IFO teamRole demands excellence in analysis, underwriting, monitoring, and drives global consistency across regionsLeading due diligence efforts and managing counterparty credit risk to a global portfolio of HFs, PE and highly institutionalized family office clientsProvide oversight and challenge for the business covering full range of productsNegotiation of credit structures and documentation, including ISDA's, Derivatives Clearing, FCM.
Prime Brokerage and Repo documentsReview and approve client reviews, credit facilities, specific transactions, and exceptions within delegated credit authorityCollaborating with 2LOD colleagues to develop credit underwriting standards and policies for extending credit to institutional family officesSetting a global culture which demands excellence in analysis, underwriting, monitoring, and drives global consistency across regionsStrong knowledge of derivatives and structured lendingFacilitate relationships with key clients and internal partnerships
Qualifications:
15
years of experience in financial services and risk management requiredSignificant risk/risk-related counterparty credit work experience in banking/financial institutions with expertise in hedge funds, private equity, family office and alternative investment counterpartiesExperience in people managementClient Relationships / Business Partnership:
Navigates organizational complexity and breaks silosCreates and sustains a network of strong partnerships with the business in all segments & geographies and other risk functionsProven track record of partnering with global peers in leveraging and implementation of best practicesKnowledge, skills and experience required:
Provides well-reasoned, balanced assessments of risk/return trade-offs associated with transactions and client relationshipsProficiency in flow and complex financing and product structuresAbility to provide strategic insights and strong sensitivity to macro and regulatory issues, and impact of such issues on the various Risk families, including operational and franchise risksProven ability to effectively engage with regulators and internal control functions includingInternal Audit and Fundamental Credit Risk as well as with external auditDemonstrates strong ethics and integrityStrong leadership.
Dynamic, flexible, and with strong communication skillsAbility to see the 'big picture' in a complex environmentCan make decisions under pressure and short timelineExcellent verbal & written communication skills.
Active listening skills.
Demonstrated influencing and negotiating ability, resolve conflicts amongst various constituenciesExcellent presentation skills adept at presenting effectively to audiences of various sizes and various constituenciesEducation:
Bachelor's degree/University degree or equivalent experienceMaster's degree preferred------------------------------------------------------Job Family Group:
Risk Management------------------------------------------------------Job Family:
Credit Decisions------------------------------------------------------Time Type:
Full time------------------------------------------------------Primary Location:
New York New York United States------------------------------------------------------Primary Location Full Time Salary Range:
$170,000.
00 - $300,000.
00In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.
Citi offers competitive employee benefits, including:
medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
For additional information regarding Citi employee benefits, please visit citibenefits.
com.
Available offerings may vary by jurisdiction, job level, and date of hire.
------------------------------------------------------Anticipated Posting Close Date:
Mar 27, 2024------------------------------------------------------Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc.
and its subsidiaries (Citi) invite all qualified interested applicants to apply for career opportunities.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View the EEO is the Law poster.
View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting.
Estimated Salary: $20 to $28 per hour based on qualifications.
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