Citi
Citi Commercial Bank - Field Exam Manager, Asset Based Lending
Citi, New York, New York, us, 10261
Citi Commercial Bank - Field Exam Manager, Asset Based Lending
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The Field Exam Manager - Asset Based Lending ("ABL") will oversee all third‑party field examination and appraisal activities across the Commercial Bank’s middle‑market and mid‑corporate ABL portfolio. Based in New York, this role is ideal for a seasoned examiner or audit professional who will:
Thrive in a strategic oversight capacity and understand how to translate field‑level insights into actionable credit decisions.
Oversee scheduling, execution, and timely delivery of initial and recurring field examinations and appraisals conducted by external teams. Ensure engagements align with credit policy, regulatory requirements, and risk profiles.
Collaborate with ABL Credit Officers to define appropriate scopes of work for field examinations and appraisals based on borrower complexity, industry risks, and collateral types.
Critically review and analyze field examination and appraisal reports; identify key findings; assess collateral eligibility and valuations; verify borrowing base components; and pinpoint potential risks or operational deficiencies within the borrower’s control environment.
Serve as a central point of contact for external field examination and appraisal firms, ABL Transactors, ABL Credit Officers, and borrowers regarding field exam and appraisal matters.
Translate field examination and appraisal findings into actionable adjustments to borrowing bases, eligibility criteria, and advance rates. Communicate these impacts clearly to relevant internal stakeholders and borrowers and recommend and monitor corrective actions with borrowers and internal teams to mitigate identified risks.
Perform in‑depth reviews of loan agreements to ensure collateral terms, eligibility definitions, reporting requirements, and covenants align with the bank’s risk appetite and the findings from field examinations.
Serve as the subject matter expert and primary author of the collateral section of approval memos, providing a clear, concise, and expert summary of the collateral position, eligibility analysis, and associated risks for senior management and credit committees.
Qualifications:
8‑10+ years in ABL field examination; some bank experience preferred.
Credit underwriting experience a plus.
Experience managing external vendors and interpreting complex exam findings.
Strong understanding of GAAP accounting principles as they relate to collateral reporting. CPA or CFE preferred.
Citi is an equal‑opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law. If you have a disability and need a reasonable accommodation to use our search tools or apply for a career opportunity, please review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.
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The Field Exam Manager - Asset Based Lending ("ABL") will oversee all third‑party field examination and appraisal activities across the Commercial Bank’s middle‑market and mid‑corporate ABL portfolio. Based in New York, this role is ideal for a seasoned examiner or audit professional who will:
Thrive in a strategic oversight capacity and understand how to translate field‑level insights into actionable credit decisions.
Oversee scheduling, execution, and timely delivery of initial and recurring field examinations and appraisals conducted by external teams. Ensure engagements align with credit policy, regulatory requirements, and risk profiles.
Collaborate with ABL Credit Officers to define appropriate scopes of work for field examinations and appraisals based on borrower complexity, industry risks, and collateral types.
Critically review and analyze field examination and appraisal reports; identify key findings; assess collateral eligibility and valuations; verify borrowing base components; and pinpoint potential risks or operational deficiencies within the borrower’s control environment.
Serve as a central point of contact for external field examination and appraisal firms, ABL Transactors, ABL Credit Officers, and borrowers regarding field exam and appraisal matters.
Translate field examination and appraisal findings into actionable adjustments to borrowing bases, eligibility criteria, and advance rates. Communicate these impacts clearly to relevant internal stakeholders and borrowers and recommend and monitor corrective actions with borrowers and internal teams to mitigate identified risks.
Perform in‑depth reviews of loan agreements to ensure collateral terms, eligibility definitions, reporting requirements, and covenants align with the bank’s risk appetite and the findings from field examinations.
Serve as the subject matter expert and primary author of the collateral section of approval memos, providing a clear, concise, and expert summary of the collateral position, eligibility analysis, and associated risks for senior management and credit committees.
Qualifications:
8‑10+ years in ABL field examination; some bank experience preferred.
Credit underwriting experience a plus.
Experience managing external vendors and interpreting complex exam findings.
Strong understanding of GAAP accounting principles as they relate to collateral reporting. CPA or CFE preferred.
Citi is an equal‑opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law. If you have a disability and need a reasonable accommodation to use our search tools or apply for a career opportunity, please review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.
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