Special Assets Group Credit Portfolio Manager is an intermediate management-level position responsible for providing full leadership and direction to a team of employees to monitor the Citi portfolio and identify credit migration in coordination with the Risk Management team. The overall objective of this role is to coordinate management of Citi's portfolio exposure to client and counterparties globally. Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information. Requires good analytical skills in order to filter, prioritize and validate potentially complex and dynamic material from multiple sources. Strong communication and diplomacy skills are required. Regularly assumes informal/formal leadership role within teams. Involved in coaching and training of new recruits Significant impact in terms of project , geography, etc. by influencing decisions through advice, counsel and/or facilitating services to others in area of specialization. Work and performance of all teams in the area are directly affected by the performance of the individual.
Responsibilities:
• Preparation of valuation and restructuring analysis for stressed and distressed assets and situations, including the determination of write-off, reserve and risk of loss amounts that directly impact the P&L of the firm.
• Assess liquidity, debt capacity and other areas of financial and operating performance to evaluate areas of weakness and potential for turnaround, which is measured by setting and monitoring appropriate classification triggers.
• Model companies' financial position to assess appropriate debt structure and accurate debt value using the most appropriate valuation methodology.
• Manage assigned bilateral and syndicated portfolios. Track ongoing performance of classified credits, maintain appropriate classifications of exposures
• Work closely with other colleagues (Seniors Bankers and Senior Credit Officer-level transactors) to remain coordinated on the restructuring/valuation process and assess likely restructuring scenarios.
• Advise Business, of plan and evolving cost of credit impact.
• Evaluate and process documentation to both evaluate and implement the appropriate strategy partner with Citi Legal and outside legal.
• Negotiate with customers, bank group participants, and other stakeholders associated with the assigned account.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients