Job Description

Whether you're at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you'll have the opportunity to expand your skills and make a difference at one of the world's most global banks. We're fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You'll also have the chance to give back and make a positive impact where we live and work through volunteerism.


Institutional Credit Management (ICM) works closely with our ICG businesses to serve as a critical component of our First Line of defense for wholesale and counterparty credit risk management and also with our Independent Risk partners to ensure best-in-class risk and controls, as well as client responsiveness. Key responsibilities include portfolio analysis, documentation, risk identification, management, monitoring, administration, and stress testing.


The ICM Portfolio Manager (PM) will report to the Global Head of Wholesale Credit Portfolio Monitoring and will help manage portfolio monitoring for the wholesale credit exposures in the Bank. Portfolio monitoring looks at portfolio health and emerging risks to help define the Bank's risk appetite. In particular, limits management is a major deliverable for the Bank both in terms of limits setting and limits monitoring and very challenging work can be offered to the right candidate to work on the risk appetite definition of the Bank.


In this role, the Portfolio Officer will be responsible for coordinating with the Global Head Portfolio Management (Early Warning Credit Management), other ICM teams, Risk Management, and business partners, and executing on the monitoring strategies and priorities, as well as contributing to the calibration of alerts, metrics and indicators for maximum efficacy.


The PO is expected to produce recommendations to the portfolio owners that may include portfolio reviews, stress tests, risk appetite and underwriting criteria recalibrations, reclassification of facilities, risk rating or limits changes among others.

In this role, you're expected to

Ensuring the portfolio management of applicable portfolio is consistent with industry leading practices and conforms to all internal credit procedures/policies, and all related regulatory expectations Continuous engagement across ICM and with ICG businesses and Independent Risk senior stakeholders Understand any concerns regarding execution of portfolio alerts and/or emerging risks which will need to be addressed by the team, along with coordinating with the early warning credit management team to understand early warning deterioration and how this might impact the portfolio health Execute plans, strategy and objectives for Portfolio Monitoring and Limits Management in an effective and innovative fashion; assess and report progress in meetings objectives including promotion of a healthy working culture Assist in proposing and negotiating appropriate remediation strategy for large and concentrated exposures. Ensure the consistency of the risk appetite of the Bank across limits setting and calibration with a view to control tail risk Partner with our credit risk colleagues and other teams to get buy-in of limits proposals Continuously challenge the infrastructure together with our Technology partners for a best-in-class use of management reporting Partner with applicable global, regional and industry stakeholders across ICM and within ICG and Independent Risk in the design and calibration of metrics and indicators for Portfolio Health, and credit monitoring standards for applicable portfolios Assist in retaining talent; participate in budget development and monitoring of expenses Assist as Subject Matter Expert in developing/enhancing Learning, Develop and Training for Portfolio Monitoring and Limits Management; participate as guest speakers Support on internal projects and initiatives Support ICM Voice of the Employee (VOE) initiatives Travel (less than 25%)

As a successful candidate, you'd ideally have the following skills and exposure

Superior risk assessment skills Fully conversant in credit policy and risk principles and perceived as a respected carrier of risk culture Ability to recognize and address major types of risk, including market, operational and cross border Solid knowledge in risk and regulatory capital issues as they relate to transactions, portfolios and businesses Proactively engages team, partners and seniors to collaborate holistic client-centric approach Highly Effective interpersonal skills Solid organizational skills Exceptional written and verbal communication skills. 6-10 years of experience in credit card risk management or equivalent training and experience preferably in the financial services industry Proven ability to apply credit and risk principles toward business goals Demonstrated ability to synthesize and prioritize Proven ability to remain organized in a fast-paced environment Demonstrated interpersonal, organizational and analytic skills

Education:

Degree in Finance or Accounting or higher degree in Business (MBA), or any other related subject An MBA, CPA, CFA preferred, and formal credit training is a plus

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.


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Job Family Group:

Risk Management
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Job Family:

Portfolio Credit Risk Management
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Time Type:

Full time
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Most Relevant Skills

Analytical Thinking, Constructive Debate, Escalation Management, Industry Knowledge, Policy and Procedure, Policy and Regulation, Process Execution, 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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