Citi HK - Citi Commercial Bank - Documentation and Collateral Specialist in Hong Kong

  • Primary Location: Hong Kong SAR of PRC,Hong Kong,Hong Kong

  • Education: Bachelor's Degree

  • Job Function: Operations Credit Ops

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: Yes, 10 % of the Time

  • Job ID: 18017066

Description

  • Citi® Commercial Bank (CCB) is part of Citi, a leading global financial services company, which has approximately 200 million customer accounts and does business in over 160 countries and jurisdictions. CCB embodies our unique purpose as a global bank of choice for trade-oriented, Small to Medium sized companies who see us as trusted thought partners that brings simplicity in an increasingly complex world, client-centric solutions for long term growth and pave the way for them to reach across borders and achieve their global vision. The Hong Kong CCB targets clients with revenues between $10M – $1B and support a range of financial solutions: term and working capital financing, treasury solutions, foreign exchange and trade services

  • We’re looking for a Documentation and Collateral Specialist to join our world-class team

  • You will join the commercial loan documentation team and support post approval activities relating to documentation and collateral administration. This team is part of the Citi Commercial Bank which specializes in providing trade finance, working capital finance and treasury solutions for the Small and Medium Enterprise clients in Hong Kong. Our documentation team performs the critical work of ensuring that documentation is prepared consistent with approval terms, local laws, and regulatory requirements. This team is also responsible for collateral record management, managing details of support providers, and handling of the government guarantee renewal process

  • A successful Documentation Team Head should embody Forward Compatibility attributes to spur growth and innovation, including adaptability, boldness, curiosity, collaboration, determination and empathy while also demonstrating the following Leadership Standards:

  • Develops our People: Builds talent and teams for Citi by creating a culture of meritocracy and transparency, and celebrating excellence, initiative and courage

  • Drives Value for Clients: Enables economic value and positive social impact for clients, companies, governments, and communities

  • Works as a Partner: Works collaboratively across the firm and encourages others to achieve the best results for Citi and our clients

  • Champions Progress: Champions a culture of high standards, pushes for progress, embraces change and challenges the status quo in support of Citi’s vision and global strategy

  • Lives our Values: Ensures systematically responsible outcomes while driving performance and balancing short and long term risks

  • Delivers Results: Sets high standards and achieves performance objectives by creating a clear path toward ethical and sustainable results

A successful Documentation Team Head has the following skills:

  • Understanding of the part they play in building a strong CCB culture that enables our teams to deliver remarkable experiences to our clients

  • Ability to thrive in an entrepreneurial organizational structure and add value by bringing an optimistic, proactive approach to the work they do

  • Initiative to go beyond immediate business silos to build a professional network

  • Organizational focus to prioritize and timely processes incoming documentation requests, checking details of approval package

  • Develop in depth knowledge of Citi credit policies and procedures and applicable local and U.S. regulations to assist the Business in achieving compliance and satisfactory internal and external audit results

  • Resilience to adjust plans and priorities when necessary to meet evolving client and business needs

  • Embrace new technology and understand the role digital plays in the experience we deliver for our clients while continuing to generate ideas for improving lending process efficiency

  • Work closely with Relationship Managers, Credit Analysts and other key business partners to review credit approval documentation and coordinate preparation of facility letters and other documents

  • Proactively participate in training and mentorship programs to expand skill set and network achieve position for long-term success within the Citi Commercial Bank

Qualifications

Typically, someone in this role has the following experience:

  • Degree holder with a minimum of 5-8 years of commercial banking experience in credit and risk with strong negotiation skill, and direct experience preparing and review commercial loan documentation, and handling collateral administration functions

  • To check and ensure the terms and conditions stipulated in facility letter and security documents in accordance with credit approval and documentation standard

  • To review the correctness of executed documents to ensure perfection

  • To handle documentation and collateral related queries from various parties

  • To monitor and ensure the team to provide quality output within the agreed turnaround time

  • To provide guidance and on-job training to team members

  • To perform regular self-assessment activities

  • To support team head to review operation process to identify improvement and update process regularly

  • To work with in-house and/or approved external outside counsel in relation to legal opinion and non-standard documentation

  • To ensure compliance with global and in-country policies, internal controls and procedures

  • To take up ad hoc projects as assigned by team head

  • Familiarity with MS software applications such as Word, Excel, etc.

  • Good command of English, Cantonese, and Mandarin