The Credit Risk role is focused on analyzing the creditworthiness of individuals and entities, assigning risk ratings, recommending, or approving credit extensions or withdrawals, and providing ongoing monitoring of credit exposures. This role includes those with credit approval authority for portfolios requiring management for delinquency. Individuals within this role maintain a balance between risk and return, ensuring that credit policies are appropriate, and perform regular in-depth reviews of the credit portfolio. This role manages and mitigates potential credit losses, safeguarding the company's financial stability and supporting sustainable business growth.

Responsibilities: 

•              Lead, own and drive improvements in large regional/industry/product and key risk reviews, leveraging expertise to critically evaluate portfolios and assess emerging risks.

•              Partner with all relevant teams including ICM, Banking and 2nd LOD organizations to design and monitor portfolio (including driving overall limits, mitigation strategies, exposure management)

•              Critically evaluate and own assigned large/complex portfolios, identifying and assessing current/ emerging risks.

•              Review, challenge and approve very large and / or complex episodic transactions that involve high concentration (high Risk Capital) or idiosyncratic risks

•              Lead the enhancement of credit risk processes and standards, identifying opportunities for innovation and efficiency.

•              Provide independent assessments on risk ratings and classifications, ensuring the Risk Appetite framework's appropriateness and effectiveness.

•              Evaluate and refine business/risk staffing models, ensuring optimal resource allocation for assigned entities. (more for a managerial role)

•              Oversee and validate corrective action plans, addressing issues arising from Credit Risk reviews conducted

•              Identifying and taking ownership for SII

•              Assist the Risk Head in orchestrating regional and global tasks, developing strategic plans to maximize organizational effectiveness.

•              Develop strategic plans to enhance the efficiency and effectiveness of the organization.

•              Collaborate with other credit risk families to support the best outcome for Citi, sharing and implementing  best practices.

•              Manage relationships and expectations of external regulators, Regulatory reporting, Risk, Finance, and Accounting Policy.

•              Review and Challenge as subject matter expert for region/industry/product the quarterly portfolio management processes ( eg CCAR)

•              Own relevant scorecards and underwriting frameworks.

•              Make informed business decisions, considering risk assessment, the firm's reputation, and compliance with laws, rules, and regulations.

•              Enforce compliance with applicable laws, rules, and regulations, upholding policy and ethical business practices

• Inspires people with a compelling and aspirational future vision; demonstrates optimism when leading the organization through challenges and uncertainty.
• Creates a highly resilient organization in which people persist through challenges, transparently communicate and own mistakes, and actively apply learnings to make Citi better.
• Establishes a safe environment where people candidly communicate opinions, seek diverse opinions, and actively debate decisions.
• Fosters a culture that rewards teams to pursue breakthrough ideas and improve business results; proactively invests resources in innovation initiatives.
• Creates a culture that strongly encourages teams to prioritize enterprise success over individual agendas and do the right thing for the organization.
• Boldly creates focus by aligning critical priorities across businesses, functions, and regions; eliminates nonessential work that could distract the organization from executing key priorities.
• Champions innovative ways to manage risk through streamlining processes and building common methods.
• Creates and reinforces a culture of exceptional controls that support client satisfaction and operational effectiveness.
• Proactively solves systemic enterprise challenges by investing time and resources to gather cross-enterprise data; builds sustainable solutions that fully address the root causes of issues.
• Creates a performance culture of high expectations that inspires people to continuously deliver excellence and exceed company goals.
• Energizes and reinforces an ethical environment where doing the right thing for clients and Citi is expected in every decision and action.
• Establishes a culture where teams actively cultivate collaborative partnerships across organizational boundaries; creates synergies that deliver added value for Citi.
• Champions strategies for leveraging Citi’s resources to have a positive impact on society; demonstrates deep understanding of client and community needs.
• Proactively implements systemic solutions to promote the well-being and engagement of all employees; embodies work-life balance through their words and actions and actively encourages others to do the same.
• Leads efforts to position Citi as an attractive place to work for diverse communities; cultivates an inclusive culture in which all individuals are valued and feel a strong sense of belonging.
• Leads with compassion and reinforces a culture in which people assume best intentions of others; treats others respectfully; listens, understands, and appreciates the unique challenges faced by others.

• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of teams and create accountability with those who fail to maintain these standards

Qualifications: 

•             15+ years of experience, including 10+ years' managerial experience

•              Internally and externally recognized subject matter expert with a broad and comprehensive understanding of the field.

•              Develops new techniques, methodologies, and approaches, recognized as a resource for innovation and groundbreaking developments.

•              Proficiency in evaluating complex issues with substantial impact, utilizing in-depth quantitative and qualitative analysis.

•              Drives change within and beyond the organization, shaping operational strategies and influencing industry standards.

•              Articulates complex information clearly, presents effectively, and responds empathetically.

•              Mediates disputes effectively and advocates for organizational interests with high-level stakeholders.

•              Challenges established norms, pioneers new approaches in complex domains, and guides decision-making processes for technical solutions.

Education: 

Bachelor's/University degree, Master's degree preferred

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Job Family Group:

Risk Management

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Job Family:

Credit Decisions

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Credible Challenge, Financial Analysis, Governance, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.

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Other Relevant Skills

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

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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.

 

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