• Competitive
  • Singapore
  • Permanent, Full time
  • Citibank NA
  • 2018-08-15

ICG (TTS) - Transactor, Trade Risk Distribution

ICG (TTS) - Transactor, Trade Risk Distribution

  • Primary Location: Singapore
  • Education: Bachelor's Degree
  • Job Function: Product Management
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 18049530


Description

Job Description Job Purpose:

Senior transactor responsible for all aspects of sell down of trade assets (i.e. structuring, distribution and execution), both in the primary and secondary market. Senior Transactors cover specialized product areas i.e EAF, Supplier & Receivable Finance and FI (LCs and Loans). Support Trade business origination and growth by working with the product / sales team in providing market pricing, creating capacity via asset sales and buying assets to boost asset levels. Work with the origination team to ensure transaction structure is defeasible and with legal to develop sell down structures. Maintain, deepen / enhance existing investor relationships and add new investors. Build a strong macroeconomic awareness of investor trends, risk appetite, pricing analysis, country risk and ratings, liquidity positions.


Job Background/context:

Trade is part of Trade and Treasury Solutions and is one of the market leaders in providing Trade products to our corporate and FI client base. An integral part of Trade's growth strategy is our market leading ability to distribute Trade assets. Trade Risk Distribution manages all activities related to the distribution, syndication, sell-down and insurance of risks related to "Trade" products, and the process of transferring / selling these risks, in order to achieve credit, cross-border, or balance sheet relief which is critical for the following reasons:

(a) maintain a liquid asset book
(b) achieve superior portfolio returns
(c) manage asset levels
(d) undertake large ticket transactions
(e) overcome credit / cross-border / capital constraints

The Senior transactor would be an integral part of the Trade Risk Distribution team responsible for deal execution to achieve above objective on transaction and portfolio  level basis
Key Responsibilities:
(Describe the main activities the job-holder will perform)

  • Asset Sales: The person would be responsible for prompt and cost effective sales of all trade assets which have been assigned to the person for distribution by Trade product teams
  • Understanding product requirements i.e PAP, operational processes, credit requirements, Treasury costing mechanisms
  • Internal alignment with country / product / sale counterparts on what needs to be sold on specialized areas i.e  E AF, Supplier & Receivables Finance and FI (LCs and Loans)
  • Fundamental ability to understand underlying Trade transaction and to communicate clearly to investors.
  • Communicating with investors on transaction basis regarding specific transaction to be distributed
  • Sell down 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
  • Purchase assets from the secondary market when needed
  • Managing "originate-to-distribute", trade structuring, clubs and syndications deals.
  • Coordinating complex transactions with operations to ensure proper execution including Trade Deal Review, Accounting with Credit Admin and Fincon systems, credit facilities allocations.
  • Understand and negotiate legal documentation with investors i.e. Master Participation Agreements, BAFT, Transfer Certificates, LMA standard documentation, Non-disclosure Agreements etc.
  • Ensure that all asset sales adhere to Citi policy standard and any product programs which have been approved for use
  • Foster a strong "one team" mentality and interact with key business stakeholders.


Development Value:
(What opportunities to develop can the job offer a prospective candidate?)

  • Understanding of all trade products
  • Asset sale structures and related issues
  • Investor management
  • Market knowledge on leading trade players and their strategies
  • Experience in secondary market activity on trade products
  • Understanding of global and Regional specific trade flows and key players
  • Develop client management skills (interacting with investor banks in the international market and as Senior Transactor on execution of the complex Trade transactions)
  • Develop Product Management skills.
  • Gain exposure in undertaking & executing complex and structured trade transactions
  • Develop skills for assessing  major business drivers and implication for business
  • Develop skills on market intelligence and application to business decisions


Qualifications

Person Specification Knowledge/Experience:
(What knowledge or experience of the role or the industry does the individual need, e.g. relevant work experience, industry and/or product knowledge)

  • Strong knowledge of Citi's credit and cross border policies and procedures.
  • Working knowledge of trade products
  • Experience in client / investor relationship management

Skills:
(What specific technical skills does the individual need  and at what level, e.g. specific IT/spreadsheet/analytical/modelling skills)

  • Client Management skill
  • Management skill for execution of complex and structured trade transactions
  • Technology - Spreadsheets
  • Innovativeness to think "out-of-box" to find varous customers and internal solutions
  • Excellent analytical skills

Qualifications:
(What academic/professional qualifications/registrations does the individual need - if relevant)

  • At least 5 years banking experience
  • Educated to graduate level preferred
    • MBA or equivalent preferred
Competencies (What competency skills sets does the individual need e.g. organisational skills, planning, resilience, motivation, teamwork, verbal communication skills etc)

  • excellent communication skills
  • Innovative and creative
  • Strong organisational skills
  • Ability to work under pressure and deliver against tight deadlines
  • Self motivated and Comfortable working in unstructured environment
  • develop strategy and carry through to execution
  • Good team worker
  • Quick to adapt to constant change
Singapore Singapore Singapore SG