Director Senior Credit Officer Resume Example Citibank N.A.

DIRECTOR - SENIOR CREDIT OFFICER

Professional Summary

Seasoned financial executive in all aspects of high net worth individual and commercial lending products. Adept in creating a wide swath of financial solutions for individuals and businesses.

Skills

Credit and Special Situation Management

Risk Management

Credit Policy

Portfolio Management

Restructuring

Negotiation

Relationship Management

Strategy

Work History

Director - Senior Credit Officer, 07/2003 to Current
Citibank N.A. – New York, NY

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

Executive Director, 08/1987 to 07/2003
Morgan Stanley DW Inc. – New York, NY

Individual Investor Group (August 2000 to July 2003)

Head of U.S. Credit Risk for all broker-dealer activities at Morgan Stanley DW Inc. (MSDW).
Managed the over $1 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
Managed a team of credit officers and support staff
Chaired the MSDW Credit Risk Committee
Member of Morgan Stanley Commercial Financial Services Inc.'s Credit Committee and Delinquent Loan Committee
Member of Discover Financial Services Inc.'s Residential Mortgage Loan Credit Committee, responsible for approving mortgage loans to clients in excess of $1MM

Senior Vice President (November 1993 to August 2000)

Responsible for the approval of credit sensitive transactions with retail clients and Institutional counterparties including hedge funds, corporates, financial institutions, and municipalities
Served as a Member and Secretary of the MSDW Credit Risk Committee
Served as Chairman of the MSDW Clearing Broker Committee, responsible for evaluating the operational and business processes of brokers that cleared customer business on futures exchanges worldwide on behalf of MSDW
Served as a member of project team that designed and implemented an integrated back-office processing system for futures and foreign exchange activity

Vice President, International Credit Unit – New York and London (August 1989 to November 1993)

Compiled and reviewed sovereign risk exposure and approved credit sensitive transactions with sovereign counterparties
Determined and approved maximum credit risk exposure to international institutional counterparties and retail clients

Senior Credit Analyst - U.S. Financial Institutions (August 1987 to August 1989)

Conducted due diligence, prepared detailed financial condition analysis, and approved credit sensitive transactions

Bank Examiner, 08/1983 to 08/1987
Federal Reserve Bank of New York – New York, NY

Engaged in the on-site examination of U.S. Domestic Banks
Completed Management Training Program

Education

MPA: 1987
New York University - New York, NY

Bachelor of Arts: Economics, 1983
Providence College - Providence, RI

Professional Development

Citibank Senior Risk Seminar - A recommendation only program to attain Senior Credit Officer Designation.
Federal Reserve Bank of New York Management Training Program

Affiliations

Capital Market Credit Analysts Society

Board of Directors 2004-2006
Senior Advisory Committee

Professional Licenses

Series 7

Interests

Hiking, history, current affairs, coaching basketball and soccer, and golf

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Director - Senior Credit Officer Resume Example

Resume Score: 80%