Discover your future at Citi
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Job Overview
Citi's Services organization provides an integrated suite of innovative and tailored cash management and trade and working capital solutions to multinational corporations, financial institutions (FI) and public sector organizations. Citi's Trade & Working Capital business is the market leader in delivering global trade and working capital financing solutions across sectors.
Trade Asset Syndication is critical to our Citi Trade strategy, we operate regionally but with significant overlap and collaboration across the global team, with members from a broad range of backgrounds and experiences. Our ability to maximize liquidity and provide innovative structured and portfolio solutions will be key to our continual expansion of the Citi Trade business.
This role involves senior level interaction, and coordination across all hubs within Trade. We are looking for candidates with the motivation to grow relationships across both new and existing FI partners, and help us drive innovative strategies for how we enhance liquidity across a growing book of evolving products.
Responsibilities:
Identification of the different avenues to syndicate trade asset risk and execution in the optimal form based on business needs
Understanding of the different avenues of defeasance available including distribution, insurance, multilateral programs etc.
Internal alignment with country / product / sale counterparts on what needs to be sold on specialized areas i.e. Supplier & Receivable Finance, Insured Accounts Receivable portfolios, and Financial Institutions (Letters of Credit and Loans)
Fundamental ability to understand underlying Trade transaction and to communicate clearly to investors.
Defeasance feedback / assessment: Provide up to date and timely feedback to the origination team on market pricing and appetite for trade assets. Conduct market reads for specific deals where necessary
Managing "originate-to-distribute", trade structuring, clubs and syndications deals.
Understand and negotiate legal documentation with counterparties (investors, insurers, multilaterals among others)
Foster a strong "one team" mentality and interact with key business stakeholders
Key contributor towards ongoing technology development to support fully automated trade syndication processes across products
Qualifications:
Bachelor’s/University degree, MBA preferred
6+ years of relevant experience in Trade Product and/or Credit Risk highly preferred
Experience in Product Management preferred
Leadership ability on senior level projects
Ability to multi-task across all levels of the Trade organization
Strong track record of demonstrated client facing skills
Excellent verbal and written communication skills
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Job Family Group:
Product Management and Development------------------------------------------------------
Job Family:
Asset/Liability Optimization------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
New York New York United States------------------------------------------------------
Primary Location Full Time Salary Range:
$129,840.00 - $194,760.00
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.
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Most Relevant Skills
Please see the requirements listed above.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
Anticipated Posting Close Date:
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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
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