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ICM Transaction Manager Quality Controller VP

Company: Citi
Location: Irving
Posted on: January 13, 2022

Job Description:

Institutional Credit Management (ICM) at Citi is a newly formed business line to provide integrated end to end credit underwriting, transaction and portfolio management across all Wholesale Lending in partnership with all the origination businesses of the Institutional Clients Group (ICG) of Citi. - We are looking to hire an experienced professional to contribute and perform a leadership role with respect to the design, development, and implementation of the Transaction Management Group (TMG) within ICM. -Transaction Management will be responsible for supporting multiple aspects of the lending lifecycle including but not limited to loan closing and servicing coordination, facilitating complex client onboarding, data management, and quality control. - The team will be accountable and responsible for operational oversight of the closing and servicing of all loan transactions of the business division being supported to ensure all internal and external requirements are met. This includes data capture, requisite documentation, regulatory requirements, internal policy compliance, and conditions precedent are met prior to deal execution. They will ensure all data elements are captured timely, accurately and validated by internal approvals and legal documentation. -This is an exciting opportunity to contribute to the establishment of a global cross-business team from the ground up as part of one of the firm 's highest priority initiatives.Key Responsibilities:

  • Perform leadership role with respect to the build and development of the global team of professionals to support loan origination and lifecycle management across the spectrum of wholesale lending at Citi which includes large complex syndicated and bilateral loans covering but not limited to corporate, commercial, real estate, structured lending and trade.
  • Create processes, standards, procedures, controls, training, and implementation of transaction management across ICG
  • Design and implement technology including active input into the requirements, testing and rollout
  • Produce and provide training and support to transaction management staff, business constituents, operations and risk partners where needed
  • Ensure effectiveness of controls and processes meet internal policies and regulatory requirements/expectations
  • Contribute to and support the strategic vision for this team by enabling the implementation roadmap and working with originating businesses, risk, operations and technology to execute accordingly
  • Participate in new and existing policy and regulatory requirements across wholesale lending workstreams and take a leadership role on behalf of Transaction Management where needed
  • Instill and manage transaction management staff to uphold high degree of quality of data managed consistently adheres to internal and regulatory requirements
  • Work with lines of business, transaction management, and loan operations to define and implement operational metrics and risk and control reviews to ensure all stakeholders have end to end transparency
  • Constantly improve processes, controls and efficiencies within the group and front to back across loan lifecycle
  • Lead projects and provide valuable input with various working groups created to enhance performance and efficiency
  • Take leadership role and serve as escalation with respect to loan remediation and loan system testing / migrations
  • Upon go-live or during pilot phases of Transaction Management Group the following may apply:
    • Perform team lead role, senior transaction quality controller, or point of escalation in either a business line pillar or function within Transaction Management Quality Control
    • Review legal loan documentation, ensuring operational standards and compliance requirements are met
    • Overseeing quality control responsibilities within the region to ensure alignment within the LOB globally to the global standards
    • Key contact / interface for regional LOB heads, operations, and risk functions / serve as senior escalation contact
    • Manage and contribute to the creation of processes, standards, procedures, controls, training, and LOB global implementation
    • Lead and produce strategy regarding training of TM Quality Controllers
    • Institute and ensure effectiveness of controls and processes comply with regulations, policies, and procedures
    • Self-identify issues and control breaks and drive correction action plans to successful conclusion
    • Monitor controls related to Manager 's Control Assessment ( -MCA -)
    • Enforce compliance with policies and procedures
    • Manage metrics (incl. management reporting, break reports, KPIs, and KRIs) for regional LOBs
    • Lead and contribute to projects / regional deliverables (management materials, internal / external audits, etc.)
    • Train, mentor, coach, and evaluate TM Quality Controllers
    • Provide feedback on new or updates to existing tools used throughout their functional teamKnowledge, Experience and Skills:
      • Experience leading large teams supporting wholesale lending at large financial Institution
      • Strong knowledge of wholesale loan (syndicated / bilateral) product and business, including an understanding of legal loan documentation, loan / funding mechanics, deal structure, funds flows, etc.
      • Demonstrated skills in building and developing teams
      • Proven experience with process redesign and execution
      • Ability to manage large remediation efforts and meet deadlines
      • Experience working with clients under time constraints to facilitate a transaction or process
      • Proven ability to collaborate with team members and senior management both within the lines of business and across multiple stakeholders
      • Critical decision-making capabilities including the ability to identify, escalate, and propose solutions to problems
      • Ability to multi-task through the practice of strong organizational and time management skills with experience in continuously following-up with various stakeholder
      • Involvement working with Business constituents, Technology and Operations on process improvement
      • Proven ability to establish and maintain business line partnerships
      • Understanding and awareness of appropriate corporate and regulatory policies in relation to Lending
      • Deep understanding of operational processes supporting Wholesale lending
      • Focus on achieving/exceeding key operating standards within a KPI/metrics driven culture
      • Ability to work in an environment where priorities are frequently changingQualifications:
        • Undergraduate degree or equivalent experience
        • Proficient with Microsoft Office Suite (Excel, Word, and PowerPoint)
        • Tableau or visualization tool familiarity
        • Experience with Loan IQ, transaction capture tools, etc.
        • Keen attention to detail
        • Excellent oral and written communication capability
        • Ability to take initiative and self-motivate
        • Contribute in a team environment
        • Developed analytical and problem-solving abilities
        • Client relationship and solution skills
        • Experience leading large global teams supporting wholesale lending at large financial Institution
        • Strong knowledge of lending products, credit agreements and their underlying collateral including large complex syndicated and bi-lateral loans
        • Demonstrated skills in building and developing large teams.
        • A proven track record working with Technology and Operations on process improvement
        • Proven ability to establish and maintain business line partnerships
        • Comprehensive understanding and awareness of appropriate corporate and regulatory policies in relation to Lending
        • Deep understanding of operational processes supporting Wholesale lending
        • Strategic business thinker with global mindset
        • Highly developed analytical and problem-solving skills
        • Leadership and management of complex and global operational functions
        • Track record of establishing a KPI/metrics driven culture
        • Strong organizational and follow-up skills and the ability to multi-task effectively in a high-volume environment
        • Strong influencing skills and ability to work in an environment where priorities are frequently changing
        • Client relationship and solution skills
        • BA/BS required. MBA/MS preferred-------------------------------------------------Job Family Group: Product Management and Development-------------------------------------------------Job Family:Product Strategy and Planning------------------------------------------------------Time Type:------------------------------------------------------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 .View the "" poster. View the .View the .View the -----------------------------Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

Keywords: Citi, Irving , ICM Transaction Manager Quality Controller VP, Executive , Irving, Texas

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