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Job Description

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.


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Job Family Group:


Risk Management

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Job Family:


Remedial Management

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Time Type:


Full time

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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


Job Details

Job Location
India
Company Industry
Other Business Support Services
Company Type
Unspecified
Employment Type
Unspecified
Monthly Salary Range
Unspecified
Number of Vacancies
Unspecified

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