Job Information
Citigroup Portfolio Manager- Assistant Vice President - New York in New York, New York
Department Overview :
The Credit Financing team is part of the Spread Products division within Markets. The business focuses on customized financing solutions for strategic clients including large, well-known alternative investment managers. These facilities are backed by a range of assets, including broadly syndicated and private loans to corporate borrowers, and are primarily retained for Citi’s portfolio but may also be securitized into the capital markets or syndicated to other institutional investors. The team is highly collaborative and has built and maintained a market-leading financing franchise for close to two decades. The team manages around USD 30bn of financing globally and continuously expanding.
Role Overview :
To be part of a newly created in-business portfolio management team within the Credit Financing business. The portfolio management team will generally support the Credit Financing business on portfolio management, monitoring, controls, execution, risk and regulatory reporting and analysis
Work Profile Specifics:
The Portfolio Management team will take responsibility for ongoing portfolio management and reporting, including monitoring of borrowing base reports, valuation work, covenant monitoring, and maintaining of collateral databases. The role responsibilities will include:
Supporting creation and ongoing management of Borrowing Bases in partnership with Originations and Credit Underwriting teams;
Ensuring accuracy and alignment with credit guidelines Spearhead assimilation of Borrowing Bases into internal systems, facilitating seamless ingestion, validation, reporting, and analytics;
Proactively managing Credit Risk by monitoring credit quality indicators (e.g., AVAEs);
Generating detailed reporting, initiating remediation actions, and maintaining comprehensive process guidelines;
Participating in satisfying Regulatory Compliance, including Basel reporting and conformity with applicable standards;
Collaborating with cross-functional teams to drive the development and execution of Strategic Technology initiatives that support business objectives; and
Identifying and implementing opportunities to optimize processes and enhance controls frameworks to mitigate risks and improve operational efficiency
Qualifications :
5-8 years of experience in a related role
Knowledge of Credit Financing and Securitizations is preferred but not required
Aptitude in risk management, with ability to track, action, and drive process as applicable
Awareness of regulatory frameworks, including but not limited to; Basel Capital Calculations and reporting requirements
Proficiency in data scalability and integration, including ingestion, validation, and reporting workflows
Familiarity with technology-driven process improvements, task automation, and control optimization
Excellent analytical and problem-solving skills, with track record of driving efficiency and accuracy
Strong written and oral communication skills, as well as demonstratable ability to comprehend legal documentation (including loan facility agreements)
Key Competencies :
Analytical Rigor. Strong attention to detail is key
Organized and process driven, with focus on process optimization
Proven ability to work effectively in a team setting, manage stakeholders, and collaborate across functions
Desire to deepen Regulatory and Compliance acumen
Foundational knowledge of Credit Risk and corresponding controls
Familiarity of driving change via Technology at scale
Proficiency in Excel is mandatory, knowledge of VBA a plus
Education
- Bachelor’s degree/University degree or equivalent experience
Job Family Group:
Institutional Trading
Job Family:
Trading
Time Type:
Full time
Primary Location:
New York New York United States
Primary Location Full Time Salary Range:
$150,000.00 - $175,000.00
In 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:
Feb 10, 2025
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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.
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Citi is an equal opportunity and affirmative action employer.
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