Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, negotiation and transaction management to Citi’s Export Agency Finance team.
By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Team/Role Overview:
Treasury and Trade Solutions (TTS) is a market leading, award-winning provider of cash management, cards and trade, solutions to financial institutions, public sector and corporate clients around the world. With a global network spanning 100+ countries, we are uniquely qualified to service clients with local and cross-border interests and provide integrated reporting and management.
TTS is a highly innovative organization with a strong digital agenda; new products and services are continuously being developed to meet our clients rapidly evolving treasury requirements and unlock new opportunities for growth. We provide clients with dynamic information, tools, and APIs to effectively manage their portfolios, financial positions, working capital and supply chains. One of the key divisions of TTS is the Export & Agency (“EAF”) finance team.
EAF arranges short, medium and long-term structured financings with the support of Official Agencies (including export credit agencies (“ECAs”), development finance institutions (“DFIs”) and multilateral development banks (“MDBs”)) to Citi’s Banking and Commercial Banking client base. EAF operates as a global platform with the ability to structure, arrange, underwrite, syndicate and lend under bespoke debt financings that defease risk through credit and political risk support from Official Agencies and/or access their funding, lending or interest support programs.
EAF is implementing a growth plan with a view to significantly increasing the number of loans that it originates and books each year. In order to support in the ramp up of activities, EAF intends to expand its Execution Control team, a team of lawyers within the EAF team with responsibility for coordinating and progressing loan transactions from initial mandate through to successful execution. The role will be for a Vice President level resource, based in London, with the opportunity to work with clients and colleagues from around the world.
The selected candidate will be required to:
1. Draft mandate documents at the inception of transactions and negotiate alongside transactors.
2. Oversee the process for appointing external legal counsel, including drafting RfPs, establishing the scope of work for transactions and coordinating the formal engagement of counsel.
3. Work closely with internal Legal & external counsels to lead the negotiation of deal documentation, coordinate and lead meetings and calls and manage the transaction process from original mandate through to execution.
4. Ensure adherence to Citi’s policies and procedures, driving a consistency of approach globally, and liaise with Risk and other stakeholders to obtain internal approvals when documentation deviates from Policy.
5. Provide support in review of Official Agency guarantees and insurance policies in line with regulatory requirements.
6. Supervise deal closing and booking procedures.
7. Ongoing transaction support as required for waivers and amendments and general contractual interpretation and guidance.
What we’ll need from you:
The candidate should be a qualified lawyer (England and Wales) with at least three years’ experience working in private practice or in an in-house counsel position.
The selected candidate will have:
8. Legal qualification with significant track record in structuring and execution of loans.
9. Knowledge of procedures and practices of export credit agencies and ability to execute export finance transactions.
10. Strong legal and commercial acumen and strong negotiation skills.
11. Track record of managing ECA transactions and working in a high performing, geographically distributed team.
12. Proactive mindset
13. Vision, capability and energy to devise and implement strategic initiatives.
14. Strong interpersonal skills, with the ability to partner with key stakeholders and senior management.
15. Superior organizational skills and experience in working with a multi-cultural team environment.
What we can offer you:
This is an opportunity for a qualified lawyer to join a fast-paced and growth-focused business in a client-facing role with responsibility to lead transactions and coordinate the documentation process. The successful candidate will play a key role in the implementation of the EAF growth plan and benefit from broad global exposure across different industries and geographies, with the experience of working in a multi-cultural environment.
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.
By joining Citi London, you will not only be part of a workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
16. Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
17. A discretional annual performance related bonus
18. Private medical insurance packages to suit your personal circumstances
19. Employee Assistance Program
20. Pension Plan
21. Paid Parental Leave
22. Special discounts for employees, family, and friends
23. Access to an array of learning and development resources
Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
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Job Family Group:
Product Management and Development
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Job Family:
Product Performance Management
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Time Type:
Full time
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Most Relevant Skills
Please see the requirements listed above.
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Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
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