Managing Director, Head of Corporate Bank - Korea
Citigroup · Seoul
Description
The Korea Corporate Banking Head is a senior management-level position responsible for accomplishing results through the effective management of the Team, Clients as well as Firm wide resources available to deliver the Best of Citi. The overall objective of this role is to drive One Citi Efforts, elevate client dialogues, be the first client call and optimize the client portfolio while onboarding new strategic industries and exiting marginal relationships.
The individual will be required to lead and manage a sizeable Corporate Banking team, by being a player coach responsible for maintaining a stable and balanced team structure, promoting long term talent development and supporting the team in the senior client coverage and origination efforts, as well as taking the lead in resolving material challenges which require escalation & senior attention.
Responsibilities:
- Develop and monitor a client driven franchise growth plan which is delivered through people and franchise management
- Understand regional and emerging market trends to identify growth opportunities, anticipate obstacles and communicate a forward-looking vision that is responsive to changes in the environment
- Responsible for overall parent relationship management of clients and providing a wide range of treasury and corporate finance solutions, including cash management, trade, vendor finance, FX, general credit, loans, debt capital markets, share repurchase, and interest rate and equity derivatives
- Drive client planning, product agnostic cross selling, client access, and effective capital allocation with a One-Citi mindset
- Translate Citi’s strategy into an effective and efficient Corporate Bank business plan and drive a healthy balance between near-term and long-term priorities
- Responsible for meeting revenue goals and other goals related to budget, risk management, and credit allocation in partnership with Global Capital Market (GCM), Institutional Credit Management(ICM), and Risk
- Navigate and contribute to Citi Korea's IT system migration to the global platform while closely working with internal stakeholders.
- Contribute to any potential transformation projects at Citi Korea franchise including the orderly consumer bank wind-down.
- Drive innovation, differentiation, speed to market and promote cross selling of products across the Citi platform
- Partner with product teams to drive and execute episodic transactions and with key stakeholders, including Risk, ICM, and GCM, to allocate capital prudently, appropriately and in adherence to all Citi risk policies
- Ensure client relationships and proposed client solutions meet or exceed internal risk and return standards, including stringent ethical standards and anticipated future changes in the marketplace
- Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Qualifications:
- 20+ years of relevant experience
- Experience in people management
- Senior Credit Officer (SCO) or equivalent preferred
- In-depth experience advising clients on market solutions, transaction banking, debt and capital management
- Demonstrated ability to balance between internal management and external client time
- Demonstrated understanding of compliance issues and regulatory requirements (global and local)
- Proven leadership skills and intellectual capability to create momentum and a collective agenda across multiple products with a diverse population and competing priorities
- Demonstrated intellectual grasp of the industry and ability to anticipate and lead the organizational response to future changes and translate vision into executable plans
- Proven analytical and problem-solving skills with pragmatic approach to ensure limited resources are directed appropriately
- Consistently demonstrate clear and concise written and verbal communication
Education:
- Bachelor's degree/University degree or equivalent experience
- Master's/MBA degree preferred from a top economics, business, or financial engineering program
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Job Family Group:
Institutional Banking------------------------------------------------------
Job Family:
Corporate Banking------------------------------------------------------
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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