Jobs
>
New York City

    Field Examiner - New York, United States - Citigroup Inc

    Default job background
    Description

    **Asset Based & Transitional Finance Field Examiner**

    **Group Overview:** The Asset Based & Transitional Finance Group (ABTF) within Citis Investment Banking division is responsible for originating, structuring and syndicating corporate finance transactions for non-investment grade companies and specializes in debt financings for restructurings/turnarounds, bankruptcies, leveraged/management buyouts and asset based loans (ABL). ABTF professionals directly advise the senior management of Citis corporate clients on debt financing and capital structure solutions. ABTF further serves these clients by committing capital to the financing transactions. ABTF directly manages the loan portfolio comprised of these capital commitments.

    **Nature of Business:**

    + ABLs consist of highly structured secured revolving lines of credit and term loans for non-investment grade clients with availability governed by the liquidation value of the assets securing the facilities

    + These facilities meet an array of corporate finance needs including general corporate purposes, cyclical, industrial or seasonal downturns, acquisitions and recapitalizations

    + ABLs pair easily with funded debt such as high yield bonds and term loans, and typically sit at the top of a companys capital structure

    + The transitional finance side of the business focuses on capital structure solutions for clients in transition, e.g. rescue finance, debtor-in-possession, exit financing

    + The groups revenue stream is generated through fees earned by structuring/arranging financing transactions for its clients, upfront fees paid on Citis loan commitments, and interest paid on the groups loan portfolio

    + The team works closely with other Capital Markets businesses and Global Banking to leverage Citi resources and generate new business opportunities

    **Field Examiner Responsibilities:**

    + Analyze collateral with a focus on Accounts Receivables and Inventory

    + Calculate (or estimate) borrowing bases for prospective clients

    + Lead, review, and manage outsourcing to third parties of field exams and appraisals for existing and prospective clients where Citi is the collateral agent. Exams and appraisals will focus on client financial and industry data, collateral values, management information systems, internal control environment, etc. In limited cases, Citi field examiner may be responsible for completing all or portions of the field exam diligence rather than outsourcing.

    + Formulate opinions, assessments and/or recommendations regarding a clients credit worthiness and quality of collateral, in some cases with limited information.

    + Review and opine on appraisals and field exams for deals where Citi is participant

    + Evaluate credit agreements for eligibility criteria of ABL collateral and related reporting requirements

    + Compile summaries of monthly borrowing base certificate submissions and review for accuracy and trends

    + Manage relationships with third parties providing collateral related services (field examiners and appraisers) and coordinate with internal and external counsel on collateral related matters

    + Communicate borrowing base sizing, field exam, and/or appraisal findings to ABTF team members, internal risk partners, syndicate lenders, and borrowers

    + Educate new ABL borrowers on field exam and appraisal requirements; work closely with borrower clients throughout origination and through the life of the loan

    + Provide training to junior ABTF staff

    **Skill Set:**

    + Strong fundamental financial and credit analysis utilizing a full complement of information sources including public filings, company provided financial and accounting information, equity and fixed income research, Bloomberg and rating agency reports

    + Strong understanding and ability to perform and review asset based lending field exams

    + Excellent oral and written communication skills

    + Ability to work with all levels of management, both internal and external

    + Interest in the non-investment grade debt capital markets

    **Requirements:**

    + Minimum of seven to 10 years of field examination experience with either an asset based lender or field examination firm.

    + Proficient in Excel, Word and PowerPoint

    + CPA preferred

    + Travel 10% to 25%

    **Job Family Group:**

    Institutional Banking

    **Job Family:**

    Investment Banking

    **Time Type:**

    Full time

    **Primary Location:**

    New York New York United States

    **Primary Location Full Time Salary Range:**

    $200, $300,000.00

    In addition to salary, Citis offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit Available offerings may vary by jurisdiction, job level, and date of hire.

    **Anticipated Posting Close Date:**

    Oct 10, 2024

    Citi is an equal opportunity and affirmative action employer.

    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.

    Citigroup Inc. and its subsidiaries ("Citi) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review **Accessibility at Citi )** .

    View the "EEO is the Law ) " poster. View the EEO is the Law Supplement ) .

    View the EEO Policy Statement ) .

    View the Pay Transparency Posting )

    Citi is an equal opportunity and affirmative action employer.

    Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.


  • Citi

    Field Examiner

    2 weeks ago


    Citi New York, United States

    **Asset Based & Transitional Finance Field Examiner** · **Group Overview**: The Asset Based & Transitional Finance Group ("ABTF") within Citi's Investment Banking division is responsible for originating, structuring and syndicating corporate finance transactions for non-investmen ...

  • Citigroup

    Field Examiner

    1 week ago


    Citigroup New York, United States

    **Asset Based & Transitional Finance Field Examiner** · **Group Overview:** The Asset Based & Transitional Finance Group ("ABTF") within Citi's Investment Banking division is responsible for originating, structuring and syndicating corporate finance transactions for non-investmen ...

  • Citi

    Field Examiner

    2 weeks ago


    Citi New York, NY, United States

    Asset Based & Transitional Finance Field Examiner · Group Overview: The Asset Based & Transitional Finance Group (ABTF") within Citi's Investment Banking division is responsible for originating, structuring and syndicating corporate finance transactions for non-investment grad ...

  • Snelling Staffing

    Field Examiner

    2 weeks ago


    Snelling Staffing New York, United States

    Job Description · Job DescriptionOur client is seeking a highly motivated and experienced individual to fill the role of Field Examiner. As a Field Examiner, you will be responsible for performing field exams on existing and prospective factoring and asset-based lending clients. ...

  • New York State Department of Financial Services

    Office Assistant 2

    1 week ago


    New York State Department of Financial Services New York, United States

    The New York State Department of Financial Services seeks to build an equitable, transparent, and resilient financial system that benefits individuals and supports business. Through engagement, data-driven regulation and policy, and operational excellence, the Department and its ...


  • Financial Services, Department of New York, United States

    **Minimum Qualifications** · Preferred Qualifications · Subject-matter expertise and/or experience in one or more of the following are not required, but are preferred: · - Virtual currency; · - BSA/AML, OFAC, and related laws, regulations, and best practices; · - Cybersecurity la ...


  • Financial Services, Department of New York, United States

    Appointment method: · NY HELPS: This title is part of the New York Hiring for Emergency Limited Placement Statewide Program (NY HELPS). · At a future date (within one year of permanent appointment), it is expected employees hired under NY HELPS will have their non-competitive emp ...


  • State, Department of New York, United States

    **Minimum Qualifications** · NY HELPS · This title is part of the New York Hiring for Emergency Limited Placement Statewide Program (NY HELPS). · At a future date (within one year of permanent appointment), it is expected employees hired under NY HELPS will have their non-competi ...


  • CoreVision Strategies, LLC New York, United States

    **Experienced Asset Based Loan (ABL) Field Examiner** · **About Us**: · CoreVision Strategies, LLC is a financial consulting firm that primarily provides collateral consulting and due diligence services to banks and other lenders. These services consist of collateral field exams ...

  • ALL OF PAIN, Interventional Pain Physician

    Medical Assistant

    3 weeks ago


    ALL OF PAIN, Interventional Pain Physician New York, United States

    We're looking for friendly front desk full-time medical assistants/ receptionists in our midtown location. All of Pain is a leading multidisciplinary pain management practice located in the heart of New York City. We are dedicated to providing comprehensive pain relief solutions ...

  • NYC Careers

    Chief Plan Examiner

    1 week ago


    NYC Careers New York, United States

    **Chief Plan Examiner**: · - Apply**Chief Plan Examiner**: · - Agency: DEPARTMENT OF BUILDINGS · - Posted on: 04/24/2024- Job type: Full-time · Location · NYC-ALL BOROS · - Title Classification: Exam may be required · Department · Citywide · - Salary range: $58, $125, The NYC Dep ...


  • Financial Services, Department of New York, United States

    **Minimum Qualifications** · Subject matter expertise and/or experience in one or more of the following are not required, but are preferred: · - Association of Certified Anti-Money Laundering Specialists: Certified Anti-Money Laundering Specialist, Advanced AML Audit Certificatio ...

  • NYC Health + Hospitals

    Ophthalmic Assistant

    2 weeks ago


    NYC Health + Hospitals New York, United States

    **About NYC Health + Hospitals**: · Woodhull Medical and Mental Health Center is attuned to the healthcare issues that matter to the people of North Brooklyn. Woodhull focuses on preventing disease and promoting healthy lifestyles by reaching out to the community at various locat ...


  • NYC Health + Hospitals New York, United States

    **About NYC Health + Hospitals**: · NYC Health + Hospitals/McKinney provides high quality short-term rehabilitation and long-term skilled nursing care in a comfortable person-centered setting. The McKinney Team commit themselves to the delivery of compassionate, comprehensive ser ...

  • Pat N Sally Inc

    Legal Assistant

    3 weeks ago


    Pat N Sally Inc New York, United States

    Review comments received for public consultations for completeness · - Compile and review responses to RFI and Survey and field examination reports · - Tracks and maintains program activities and progress · - Review division policies and procedures and monitors implementation · - ...


  • Finra New York, United States

    Execute functions in support of specialized units missions including, but not limited to, examinations, investigations, consultations, advisory, knowledge sharing, and quality assurance. · Essential Job Functions: · - Leads examinations of low, medium-low, and medium-high risk an ...


  • 61st Street Service Corp New York, United States Full time

    **Job Summary**: · The Ophthalmic Technician I provides excellent patient care from basic eye health to surgical interventions. The technicians assist the physicians in the examination and treatment of patients. Our technicians are responsible for managing patients based on the a ...

  • Steve Madden

    Associate Planner

    3 weeks ago


    Steve Madden New York, United States

    **General Summary**: This position is responsible for assisting the Planner/Planning Manager in the analyzing and forecasting sales. · **Major Responsibilities**: · - Gathering and input selling information · - Gather and input all selling on hand and available to sell. · - Partn ...

  • J.S. Health Staffing and Consultation Services, INC.

    Nurse Practitioner

    2 weeks ago


    J.S. Health Staffing and Consultation Services, INC. New York, United States

    **Benefits**: · - 401(k) · - Competitive salary · - Opportunity for advancement · - **Flexible Scheduling**: · - Competitive Compensation · - Careers Advancement · - **Per Diem Available**: · - 401K · - Health, Dental, Vision Available · We are seeking a Nurse Practitioner to bec ...


  • Mount Sinai New York, United States

    **Description** · Assists an Eye Center Physician and other technical support personnel to perform complex diagnostics tests necessary for evaluation of patient eye problem. May provide training to lower level staff. · **Responsibilities** · 1. Performs complex preliminary screen ...