Director - Senior Credit Officer Resume Example

Citi Bank Private Bank Risk Management - Special Asset and Restructuring Group, (July 2007 to present)

• ​Responsible for the restructuring and recovery of classified/distressed loans

• Directly negotiated, restructured, sold and managed litigation of numerous obligations in the aggregate exceeding $750 million
• Obligations involved UHNW individuals, C&I loans, commercial real estate, sports, art, aircraft, private equity and special purpose structures
• Agent for a $105MM syndicated bank facility for a National Hockey League franchise
• Steering committee member in the restructuring of a $375MM syndicated facility to a Major League Baseball franchise
• Steering committee member in the restructuring and collateral sale/wind down of $250MM in syndicated facilities to High Net Worth clients impacted by the Madoff fraud/loss
• Steering committee member in the restructuring and wind-down of a $270MM syndicated aircraft facility
• Negotiated and structured the discounted sale of a $31MM note to a hotel borrower and an $18MM note to a radio broadcasting company
• Forbearance and collateral sale/wind-down of $30MM in art gallery facilities
• Conduct liquidation analysis and forecasts on all assigned classified credits
• Direct oversight responsibility of Citi Private Bank's $300mm portfolio of delinquent residential real estate mortgages, working closely with Risk, Legal and Consumer Group partners to arrive at final resolution up to and including foreclosure
• Managed the sale of over 60 residential properties out of OREO
• Member of team that prepares the Citi Private Bank quarterly loan loss reserve, annual cost of credit budget, and annual CCAR submission
• Work closely with attorneys, restructuring partners, venture capital firms, crisis managers and business owners
• Manage aspects of collateral monitoring, legal documentation, valuation and overall compliance

Citi Global Wealth Management Risk Management - Smith Barney Private Client Group, (July 2003 to July 2007)

• Deputy Head of U.S. Credit Risk for all broker-dealer activities
• Managed a $3 billion securities based lending portfolio comprised of purpose and non-purpose loans, all exchange traded futures positions, listed options, equity derivatives, structured products, OTC foreign exchange and taxable fixed income
• Directed and supervised a staff of credit officers in ensuring adherence to established policies, procedures and best practice standards for credit risk analysis
• Supervised the implementation of a revised Risk Rating Model for High Net Worth clients