Export & Agency Finance, Sub-Saharan Africa, Director (Hybrid)

Posted:
10/7/2024, 12:13:48 AM

Location(s):
England, United Kingdom ⋅ London, England, United Kingdom

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in structured and infrastructure finance to Citi’s Export & Agency Finance business.

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:

Export & Agency Finance (“EAF”) arranges medium and long-term cross border 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 which has the ability to structure, arrange, underwrite, syndicate and lend under bespoke debt financings that defease risk through credit and political risk support from the 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 Sub-Saharan African team which has the responsibility for all aspects of loan origination, structuring and arranging services for clients based across the continent. The role will be for a Director level resource, based out of London, and the successful candidate will assume turnkey responsibility for the development of the business in an number of allocated markets.

Citi has an on-the-ground presence in 15 African countries and EAF is seeking to leverage this extensive network to support its growth agenda.    

What you’ll do:

  • Develop and implement a strategy plan to grow the EAF business in Sub-Saharan Africa including delivery of all financial, capital, risk, talent, technology and operational objectives.
  • Assume responsibility for lending decisions and portfolio risk management related to the EAF business in Sub-Saharan Africa.
  • Drive client and agency (ECAs, DFIs, MLAs, etc) engagement across the Sub-Saharan business.
  • Assume responsibility for engagement, articulation and implementation of strategy for designated markets, with all internal stakeholders, including TTS colleagues, Corporate Banking & International colleagues, Citi Commercial Bank (CCB) colleagues and all relevant 1LOD and 2LOD partners.
  • Act with a level of autonomy in both origination and execution to seek out and pitch for new opportunities where Official Agencies support can be used to the benefit of Citi’s clients.
  • Ensure the Sub-Saharan ECA business is conducted within the risk and control framework for the business, ensuring alignment with Citi’s policy and procedures.

What we’ll need from you:

  • A detailed understanding of the ECA and Official Agencies finance market with demonstrable industry experience.
  • Relevant ECA experience in Sub-Saharan Africa region and an understanding of the ECA market dynamics across the continent.
  • A willingness to travel to relevant markets across the region to deliver the objectives of the business.
  • High level knowledge and understanding of liquidity, capital management and balance sheet optimisation.
  • Corporate finance and lending skills (including asset, infrastructure and/or project finance experience).
  • Track record of managing one of more ECA markets within a similar institution and working in a high performing, geographically distributed product and structuring team.
  • Vision, capability and energy to devise and implement strategic initiatives.
  • Strong interpersonal skills, with the ability to partner with key stakeholders and senior management and influence the strategic direction of the business.
  • Superior organizational skills and experience in working with a multi-cultural team environment.
  • Fluency in a second language (French) preferred but not essential.
  • Under-graduate or Post-graduate qualified individual preferred.

What we can offer you:

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 business casual 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: 

  • Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
  • A discretional annual performance related bonus.
  • Private medical insurance packages to suit your personal circumstances.
  • Employee Assistance Program.  
  • Pension Plan.
  • Paid Parental Leave.
  • Special discounts for employees, family, and friends.
  • 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 energised 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:

Trade Structuring

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Time Type:

Full time

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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.

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