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.

Did you know…

That Citi helped devise a plan and funded The Public Lighting Authority of Detroit to re-illuminate the city? See what else we’ve achieved to enable progress for our clients: citi.com/history.

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 escalate collateral deterioration, fraud risk, or operational red flags

Qualifications:

• 10-15+ years in ABL collateral management, at a large bank or equivalent financial institution
• Strong analytical skills, with an ability to analyze complex financial data and trends
• Experience with collateral tracking platforms (e.g., ABLSoft, StuckyNet/Solifi)

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Job Family Group:

Commercial and Business Sales

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Job Family:

Commercial Product Sales

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$170,000.00 - $300,000.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Anticipated Posting Close Date:

Feb 28, 2026

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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.