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At Citi, we get to connect millions of people across hundreds of cities and countries every day. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or institutions – to help them meet their biggest opportunities and face the world's toughest challenges. We are looking for a high caliber professional to join Citi Global Wealth Lending business in Singapore in the role of Senior Vice President, Credit Specialist, Private Banking. The role involves extensive credit underwriting responsibilities, risk assessment, financial and collateral evaluation, compliance monitoring, and collaborative interaction with stakeholders.
Job Responsibility:
Assist Lending Advisors with preparing Credit Greenlight memos
Full credit underwriting with appropriate risk-return characteristics based on Citi's Credit and Product Standards, policies and procedures
Preparation of Credit Applications ensuring accuracy and completeness of data
Financial Analysis including cash flow statements
Collateral Evaluation covering investment portfolios, commercial real estate, art, aircraft and other asset classes
Provide In-Business Credit Risk Approval on credit applications
Prepare and negotiate credit documentation for facilities
Prepare, review and monitor compliance to facility covenants and approval conditions
Assist in Portfolio Management
Problem Recognition and assisting with classified loans remedial management
Supporting Business Partners in margin call/limit excess deferrals and approvals
Participating and leading strategic projects and team tasks
Credit Risk Management
Requirements:
Min 10 years of experience
Strong and proven analytical, financial structuring and execution skills
Experience as a credit officer
An in-depth knowledge and understanding of Financial Analysis including Financial and cash flow modelling
Ability to digest complex or detailed issues and articulate them in clear and concise manner to stakeholders
Excellent communication (written and verbal) and interpersonal skills
Good negotiation skills
Strong initiative and interactive approach to problem-solving
Displays flexibility and independence in a demanding environment
Dependable team player
Nice to have:
Recognized technical authority in credit
Commercial awareness for lending transactions
Good inter-personal communication and interaction skills
Experience handling complex credit transactions in Wealth
Training and development of junior team members
What we offer:
Access to telehealth options, health advocates, confidential counseling
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