Citi Flashcards
What is Global ABS?
Provides financing and securisation of consumer (e.g. credit card loans) and commercial (e.g. equipment) asset classes.
What is international residential finance?
Provides warehouse financing against residential loans / homes.
What is commercial real estate?
Provide non-recourse mortgage financing, warehouse lending, arranger roles.
What is warehouse lending?
When a lender provides another lender (typically mortgage providers) a line of credit to fulfil further loans.
What is a non-recourse loan?
Loan that is backed by collateral and the borrower is not personally liable for the loan (i.e. cannot seize all borrowers assets in case of default).
What am I doing?
Financing & Securitization within Global Spread Product Team.
Mix role of BA / Project Manager / Product Manager
Value add:
- Work with business to identify enhancements in Deal Origination technology.
- Interlink with other product lines to identify cross-business strategic solutions.
- Design Requirements for execution.
- Work with strategic wholesale lending credit review to implement bankwide enhancements e.g. implement new deals on Loan IQ by end of 2024.