Posted:
8/27/2024, 6:29:59 AM
Location(s):
Budapest, Central Hungary, Hungary ⋅ Central Hungary, Hungary
Experience Level(s):
Junior ⋅ Mid Level
Field(s):
Business & Strategy
Workplace Type:
Hybrid
Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization. ICM's objective is to provide integrated "end-to-end" credit underwriting, identification, measurement, management, and monitoring for wholesale credit risk across the enterprise. Within ICM, the Credit Underwriting function (ICM-UW) provides analysis, greenlight, underwriting, first-line-of-defense credit approval and subsequent credit monitoring across all ICG wholesale credit businesses.
Citibank Europe Plc (CEP) is the main EU licensed banking entity for Citi in EMEA. It is headquartered in Dublin, with branches in 21 countries.
CEP Credit Risk Team manages CEP’s entire loan book, covering Citi’s clients throughout the world and partners with other Risk Management teams across the globe.
The CEP Risk Analyst Unit in Budapest is responsible for the
Preparation and submission of CEP obligors’ credit assessments
The quality assurance and completion of the CEP obligors’ credit assessments prepared by other business units of Citigroup
Responsibilities:
Review and complete CEP Credit Approval Memo packages
Analyze and assess risks in the credit relationships and formulate respective recommendations for CEP Credit risk management approval
Work closely with Credit Officers, Relationship/Product Managers and Traders / Salespeople to facilitate transaction approvals.
Provide credit input to standardize credit-related documents and reporting for the CEP portfolio.
Provide ad hoc project support to regional and global Risk management projects.
Ensure CEP Credit Risk MCA and Controls are effective.
Requirements:
Candidate should have 1-2 years of credit or related experience
Good knowledge of credit products and specific industry characteristics (manufacturing, services, banks etc.).
University Degree/Graduate Degree in Business, Finance or Economics or equivalent is a plus.
English reading and speaking. Knowledge of other languages is beneficial.
Strong analytical skills and ability to decompose transactions into the core risks. Good quantitative skills a must.
Sound Risk and Business judgment on the full spectrum of risk issues including Operational and Franchise Risk
Benefits:
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.
We’ll provide you with the resources to meet your unique needs, empower you to make healthy decisions, and allow you to choose which benefits suit you and your personal life best.
Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
Flexible work arrangements to support colleagues’ in managing work - life balance
Continuous career progression opportunities across geographies and business lines
Inclusive and friendly corporate culture
Socially active employee communities with diverse networking opportunities
Competitive compensation package with a wide range of benefits:
Cafeteria Program
Home Office Allowance - for colleagues working in hybrid and remote work models
Paid Parental Leave Program - maternity leave and paternity leave
Private Medical Care Program and onsite medical rooms at our offices
Pension Plan Contribution to voluntary pension fund
Group Life Insurance
Employee Assistance Program
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Credit Decisions------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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.
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Website: https://www.citigroup.com/
Headquarter Location: New York, New York, United States
Employee Count: 10001+
Year Founded: 1812
Last Funding Type: Post-IPO Equity
Industries: Banking ⋅ Credit Cards ⋅ Financial Services ⋅ Wealth Management