Commercial Bank - Collateral Manager, Asset Lending

We’re looking for Collateral Manager – Asset Based Lending to join our world-class team

Be a part of the work we do to enable progress around the globe

For the past 200 years at Citi, we have a drive to help clients move from ambition to achievement. Our company has been one of the foundational components of today’s modern financial infrastructure—this gives us a level of unmatched expertise in tackling the world’s most complex challenges and connecting across capabilities to enable lasting progress for our clients.

We attract and nurture local talent from all over the world, ensuring our people are both deeply attuned to regional needs but also bring a global mindset to help clients, communities and nations move forward. Our culture is fueled by men and women with the passion to push beyond borders and boundaries, and the wisdom and courage to do what’s right.

Citi’s Commercial Bank embodies our unique purpose as the global bank of choice for trade-oriented, mid-sized companies who see us as trusted thought partners that bring simplicity in an increasingly complex world, client‑centric solutions for long‑term growth and pave the way for them to reach across borders and achieve their global vision.

Successful candidate should demonstrate the following behaviors

Develops our People: Builds talent and teams for Citi by creating a culture of meritocracy and transparency, and celebrating excellence, initiative and courage.

Drives Value for Clients: Enables economic value and positive social impact for clients, companies, governments, and communities.

Works as a Partner: Works collaboratively across the firm and encourages others to achieve the best results for Citi and our clients.

Champions Progress: Champions a culture of high standards, pushes for progress, embraces change and challenges the status quo in support of Citi’s vision and global strategy.

Lives our Values: Ensures systematically responsible outcomes while driving performance and balancing short and long term risks.

Delivers Results: Sets high standards and achieves performance objectives by creating a clear path toward ethical and sustainable results.

The Collateral Manager - Asset Based Lending (“ABL”) will take a leadership role in managing and optimizing collateral risk across a portfolio of middle‑market and mid‑corporate borrowers in the Commercial Bank. Based in New York, the ideal candidate will:

• Lead the end‑to‑end collateral monitoring process for complex ABL facilities, including borrowing base validation, availability tracking, funding request evaluation and collateral trend analysis.
• Have an entrepreneurial mindset with an ability to influence key decision markers, initiate and orchestrate change to enhance processes and promote efficiencies.
• Oversee the verification of collateral pledged against loans and ensure accurate reconciliation of borrowing base certificates with underlying source data (e.g., accounts receivable aging reports, inventory listings).
• Manage the oversight of collateral data input, ensuring accuracy, completeness, and integrity within the bank’s collateral management systems. Develop and implement procedures to identify and correct data discrepancies.
• Critically evaluate client funding requests, ensuring they align with the approved borrowing base, facility terms, and collateral availability. Analyze eligibility criteria and advance rates.
• Act as a primary point of contact for clients on all collateral‑related matters, fostering strong relationships.
• Collaborate effectively with ABL Relationship Managers, Underwriters, Operations, and Credit Risk teams to ensure a holistic approach to client management and risk assessment.
• Possess a critical understanding of ABL collateral management systems and actively contribute to the management, testing, and implementation of system upgrades, enhancements, and new technology initiatives to improve efficiency, data quality, and scalable growth.
• Identify and elevate collateral deterioration, fraud risk, or operational red flags.

• 10‑15+ years in ABL collateral management, at a large bank or equivalent financial institution.
• Strong analytical skills, with an ability to…