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Job OverviewTransaction Management (TM) serves as a critical component of our First Line of defense for wholesale and counterparty credit risk. TM works through the challenges of the Wholesale Credit Risk Lending processes with the aim of transforming the credit risk process flows including but not limited to operational oversight, legal documentation, and collaterals. The scope of responsibilities and scale of this team will evolve over time to continue to meet our needs. Importantly, TM will coordinate with credit management groups across corporate businesses to ensure full alignment on business and regulatory goals, as well as consistency and best practices where appropriate.
Currently, TM covers legal documentation drafting, collateral controls, credit documentation review. Transaction Manager is a senior level position responsible for managing collateral through its lifecycle, engaging in documentation verification prior disbursement, and ensuring the quality of data/controls/processes meet all requirements. Other objectives of this role are to coordinate and maintain data quality in credit systems, escalate deficiencies, and recommend solutions in alignment with overall credit policies.
Additionally, the role involves leading the local TM team and collaborating closely with the CEE TM lead on process standardization and simplification.
What will you be doing?
Documentation drafting: Supervise preparation of drafts of legal documents
Pre-Disbursement Review: Review credit legal documentation to detect any deficiencies before funds disbursement. Communicate with all stakeholders in credit process – mainly with Risk, Business, Legal teams – and with internal/external auditors.
Data Management: Maintain documentation related data attributes in various internal systems. Review collateral documentation and maintain collateral related data attributes in various internal systems.
Reporting and Analysis: Review month end reports for assigned portfolio segment(s) following data quality process and submit or process adjustments verifying their accuracy.
Credit Structuring Support: Assist businesses with implementing complex credit structures based on customer’s requirements.
Process Improvement: Apply in-depth knowledge and contribute to simplification and standardization of processes within CEE cluster including possible intake of new activities.
Risk Management: Appropriately assess risk when business decisions are made, considering the firm's reputation and safeguarding Citigroup, its clients, and assets. Ensure compliance with applicable laws, rules, and regulations, adhering to Policy. Exercise sound ethical judgment regarding personal behavior, conduct and business practices. Escalate, manage, and report control issues with transparency.
Team Management: Lead the local TM team and work closely with the CEE TM lead to ensure alignment and effective collaboration.
What are we looking for?
5-8 years of relevant experience
Bachelor’s/University degree is preferred
Leadership skills and experience
Demonstrated analytical skills
Clear and concise written and verbal communication
Fluency in English and Hungarian
Ability to prioritize deliverables and work independent of direct supervision
Ability to collaborate across multiple business lines and levels of management
Ability to adapt to changes in dynamic environment
Proficiency in Microsoft Office with an emphasis on MS Excel
Self-motivated and detail oriented
What we offer?
By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:
Cafeteria Program
Home Office Allowance (for colleagues working in hybrid work models)
Paid Parental Leave Program (maternity and paternity leave)
Private Medical Care Program and onsite medical rooms at our offices
Pension Plan Contribution to voluntary pension fund
Group Life Insurance
Employee Assistance Program
Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
Flexible work arrangements to support you in managing work - life balance
Career progression opportunities across geographies and business lines
Socially active employee communities with diverse networking opportunities
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:
Operations - Transaction Services------------------------------------------------------
Job Family:
Transaction Capture Services------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Please see the requirements listed above.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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