Managing Director, Head of Corporate Bank - Korea Greater Seoul, South Korea Area
About the Company
Renowned commercial investment banking company with an international reach
Industry
Financial Services
Type
Public Company (C)
Age
employees
10,001+
About the Role
Greater Seoul, South Korea Area (Hybrid)(Seoul, South Korea)
Est. Compensation
USD $256,376-$454,995 (total) per year
Estimated by Revelio Labs
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
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.
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
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 Citi’s EEO Policy Statement and the Know Your Rights poster.
Functions:
- Sales/Revenue