.Special Assets is a dedicated restructuring and remedial management team in Banking & International Risk (BIR) with approval responsibility for the firm's high-risk credit portfolio across all lines of business and industries. The Special Assets team oversees credit exposure with adverse regulatory classifications facing various stages of stress or distress and a heightened probability of default. The primary objective of the team is to provide strategic leadership and drive optimal outcomes to maximize the recovery value of the portfolio while balancing the interests of internal and external stakeholders. Special Assets is also responsible for determining accurate regulatory classifications, risk ratings, cost of credit, and carrying values of the exposure under management.Special Assets as an independent risk unit is considered part of the second line of defense, which provides review, challenge, and covering approval authority for activities and decisions generally taken in partnership with the business line counterparts. The role requires an extensive understanding and application of credit and counterparty risk concepts across multiple disciplines, including a full understanding of how Citi's credit policies, processes, and procedures should be applied to remedial situations.Special Assets has oversight of the bank's most at-risk portfolio but also provides consultation early on with credits that are just beginning to experience potential weaknesses through an assessment process. The team is responsible for setting the account strategy, exposure strategy, and providing continual and proactive management as a situation evolves. For active workouts and restructurings, the Transactor will facilitate the day-to-day execution of the remedial strategy. The Transactor will also work with internal and external clients and advisors to develop and execute solutions, operating as a proactive and vocal leader for the Risk organization.Responsibilities:Provide strategic direction, transaction execution, and approval for Special Assets-managed credits.Work with Special Assets Senior Transactors and valuation team members in the management and execution of the Special Assets portfolio.Provide recommendation and/or approval for credit decisions and certain work products involving the Special Assets portfolio.Responsible for timely and proactive execution of portfolio management responsibilities, particularly recurring monitoring requirements.Accountable for ensuring appropriate classifications, risk ratings, and valuations are approved and reported accurately and on a timely basis, and are in compliance with all policies, processes, and procedures to promote a strong governance and controls environment.Work proactively, and in a constructive and diplomatic manner, with internal and external stakeholders to advance favorable resolutions on transactions, including direct interaction with borrowers