A Director on the Hedge Fund Credit Team will be responsible for managing Citi's credit risk to a portfolio of the firm's most complex and large Hedge Fund relationships.
The primary role of a Director within the Hedge Fund Credit group will be to manage and dictate the risk Citi is willing to take to the various hedge funds covered by a team of analysts. In addition, the Director will serve as mentor for the credit officers. The manager will also be responsible for:
- Reviewing and approving initial and annual credit reviews on a portfolio of hedge funds.
- Approving credit facilities, specific transactions and exceptions within delegated credit authority.
- Resolving issues and communicating with the sales force on a daily basis
- Advancing and innovating risk management tactics.
- Streamlining processes and changing firm-wide policies and procedures to be more reflective of current market conditions.
- Working with our partners in negotiating the credit-related terms in ISDA, MRA, MSFTA and other capital markets documentation that may become .
- Partnering with a specific trading desk within the firm, and educating the team on the risks associated with their given desk
- Interacting with Hedge Fund clients, trading desks, operations and legal.
- Providing leadership and guidance to staff
Qualifications:
An ideal candidate will have experience managing a complex portfolio of hedge funds - spanning the various strategies traded by these counterparties. The candidate should also possess the following:
* - 15+ years of previous work experience in a related field.
- Knowledge across Capital Markets trading and lending products, particularly in derivatives, structured and other complex products traded by hedge funds.
- Strong grasp of current technologies including stress testing is highly beneficial.
- Advanced working knowledge of Microsoft Excel, PowerPoint, Word and Access.
- Highly effective communication skills, used to partner with other groups and present findings and suggestions to management.
- Motivated and confident to drive change.
- Attention to detail; unaffected by high pressure situations.
- Quantitative and intuitive skills in the risks inherent in capital markets products, transactions and positions.
- Formal credit training with experience in a global institution.
- Real sense for how to build / support business growth.
- Experience managing a team
- Bachelor degree required; additional degrees/designations which may include MBA, or MS desirable.
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Job Family Group:
Risk Management
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Job Family:
Credit Decisions
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Time Type:
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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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Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services.
It also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. The ICG segment provides wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate and consumer loans, investment banking and advisory services, private banking, cash management, trade finance, and securities services to corporate, institutional, public sector, and high-net-worth clients. As of December 31, 2018, it operated 2,410 branches in the United States, Mexico, and Asia. Citigroup Inc. was founded in 1812 and is headquartered in New York, New York.