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Form of workCiti, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. For the past 200 years at Citi, we have been helping clients move from ambition to achievement. Our company has been one of the foundational components of today’s modern financial infrastructure—this gives us a level of unmatched expertise in tackling the world’s most complex challenges and connecting across capabilities to enable lasting progress for our clients. We attract and nurture local talent from all over the world, ensuring our people are both deeply attuned to regional needs but also bring a global mindset to help clients, communities and nations move forward. Our culture is fueled by men and women with the passion to push beyond borders and boundaries, the wisdom and courage to do what’s right, and the vision and forward compatibility to continuously evolve and innovate to support our clients’ growth.
Citi Commercial Banking (CCB) group within Citi operates globally in the middle-market segment offering Citi’s banking products. CCB embodies Citi’s unique purpose as a global bank of choice for mid-sized companies who see us as trusted thought partners that bring simplicity and efficiency in an increasingly complex world, client-centric solutions for long term growth. The CCB value proposition is focused on leveraging the Citi network, unique capabilities and reputation to become the international banking partner of choice to middle-market corporations with global aspirations.
Job Purpose
The role, within EMEA CCB Corporate finance, will be focus on working with the Export and Agency Finance (“EAF”) team in supplementing the EAF product’s ability to work on origination and execution of EAF transactions relating to CCB clients in EMEA. EAF operates as a global platform to structure, arrange, underwrite, syndicate and lend under bespoke debt financings that defease risk through credit and political risk support from Official Agencies (multilateral development banks, development finance institutions and export credit agencies) and/or accessing their funding, lending or interest support programs.
The role will be focus on EMEA supplementing the EAF product’s ability to work on origination and execution of EAF transactions relating to CCB clients. The selected candidate will be co-located with the regional EAF team, but will remain part of the wider CCB Corporate Finance group and will have a direct responsibility to enhance EAF’s capacity to originate, credit approve and end-execute of EAF deals relating to CCB clients through direct involvement in these areas.
Export and Agency Finance is part of the industry leading Treasury and Trade Solutions (TTS) division of Citi. EAF arranges short, medium and long-term structured financings (primarily focused on the longer end) and provides export financing advice to clients globally. EAF works closely with Citi's Banking, Capital Markets and Advisory (BCMA) clients as well as Citi Commercial Bank (CCB), a client segment which has a high growth potential, focusing on mid-market clients in a number of geographies in APAC, EMEA, NAM and LATAM.
Key Responsibilities
The selected candidate will have the responsibility to support:
• (i) formulation of CCB expansion strategy of EAF within EMEA and support senior management's growth ambitions within this segment, while managing interactions with CCB Bankers;
• (ii) identification of opportunities and mandates to support a growth strategy related to CCB clients;
• (iii) execution of EAF transactions permitting a focus on CCB related deals (from origination, structuring and approvals through to client negotiation and execution and supporting negotiations with Official Agencies);
• (iv) Establish necessary portfolio management controls and operational processes for the guaranteed exposures with CCB, liaising with operations teams for efficient covenant and collateral monitoring and supporting ECA communication as necessary.
Knowledge / Experience
1. Extensive experience of origination, structuring and execution credentials for ECA supported financings (and ideally those supported by MDBs and DFIs)
2. Sound knowledge of procedures and practices of export credit agencies and ability to execute export finance transactions and communicate with Official Agencies
3. Knowledge of mid-market client segment and key obligors in a number of geographies
4. Knowledge of credit processes, credit underwriting experience
5. Underwriting and syndications experience preferred
6. Corporate Finance experience
7. Project management/execution and strategy building credentials are preferred
Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.
The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.
Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.
Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:
* Honesty, integrity and reputation
* Financial soundness
* Competence and capability
Equal Opportunity
We recognize talent comes from a wealth of experience and ideas beyond just the technical specifications of a role. If you feel like you can make a meaningful impact even if you don’t necessarily check all the listed requirements, please still consider applying. Diversity of experience and skills supplemented with drive are cornerstones to innovation and excellence and we encourage people from all backgrounds to apply to our positions.
Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.
The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.
Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.
Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:
* Honesty, integrity and reputation
* Financial soundness
* Competence and capability
In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.
This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.
#CCBEMEAJOBS
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Job Family Group:
Commercial and Business Sales-------------------------------------------------
Job Family:
Commercial Product Sales------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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.
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