Job Description

The Credit Portfolio Senior Manager (C13) is a senior management-level position responsible for accomplishing results through the management of a team or department to help develop Acquisition and Portfolio strategies for the Citi portfolio for Credit Cards, Personal Loans and Ready Credit products.The overall objective of this role is to lead the management of Citi's portfolio exposure to client and counterparties globally.
The incumbent needs to apply in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and work-flow for the area or function. Integrates subject matter and industry expertise within a defined area. Requires in-depth understanding of how areas collectively integrate within the sub function as well as coordinate and contribute to the objectives of the function and overall business. Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information.
This is a Senior position and requires excellent analytical skills in order to filter, prioritize and validate potentially complex and dynamic material from multiple sources. The incumbent needs to be a strong individual contributor, yet be able to manage the team motivation well and be a strong support the CRM (Country Risk Manager) and PRM (Portfolio Risk Manager, Unsecured and Partnerships).Strong communication and diplomacy skills are required. Regularly assumes informal/formal leadership role within teams. Involved in coaching and training of new recruits. Significant impact in terms of project size, geography, etc. by influencing decisions through advice, counsel and/or facilitating services to others in area of specialization. Work and performance of all teams in the area are directly affected by the performance of the individual.
Responsibilities:
Maintain compliance with Citibank credit policies/practices, regulatory policies and prepare, update, and ensure approval of all internal policy and procedure changes, keeping proper change and approval logs
Conduct analyses related to policy (e.g., benefits tracking), Portfolio strategy, , P&L Analytics/assessment risk and reward trade-off, etc. by leveraging data and creating ad-hoc analyses/management information systems (MIS)
Assists credit analysis, including annual credit reviews, portfolio reviews, classified credit reviews.
Identifies and analyzes situations that create risk and legal liability for Citi, utilizing various resources such as credit reports, score cards, risk systems, and knowledge of the elements of Risk.
Understands and applies the GCCFRP principles to all lending initiatives and for gapping analysis against global policy
Assesses risks and analyses existing and new relationships - including periodic review of financial results and statements to monitor operating performance, liquidity position and financial condition.
Maintains sound understanding about India market, products, strategies, tools and associated risks.
Collaborates as appropriate with product partners and relationship teams for new and/or refinancing credit transactions such as term loans or event-driven financing with specific responsibility for risk analysis, preparation of financial model and sensitivity analysis.
Reviews of results/scripts/reports feedback to business to enhance and refine corrective action plan to ensure developments are in sync.
Participates in regular portfolio stress testing and support model re-development efforts with modeling teams.
Contributes to developing, testing and optimizing credit or risk policies for channels or products under their responsibility.
Executes department strategy by developing approaches and/or processes to accomplish goals.
Completes ad-hoc projects as required, such as reporting of portfolio data internal and external audit, regulators and senior management and undertakes additional duties as assigned.
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.
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 others and create accountability with those who fail to maintain these standards.
Qualifications:
o Advanced Degree (Masters required) in Statistics, Applied Mathematics, Operations Research, Economics, or other highly quantitative discipline
o 10-12 years experience in performing quantitative analysis, model documentation, segmentation analysis including analytics or data manipulation tools (e.g., SAS, SQL, R, Python, SPSS)
o Prior experience in having managed Existing Customer Management policy/Portfolio Management related Risk Analytics/Strategy, P&L analytics will be a big plus.
o Experience with econometric and statistical modeling or Behavioural risk scoring
o Experience in big data with knowledge of probabilities/distributions, building decision trees and regression models
o Proficiency in MS Office
o Proven ability to derive patterns, trends and insights, perform risk/reward trade-off analyses and connect these analytics to business impacts
o Demonstrated quantitative, presentation and analytic skills
o Consistently demonstrate clear and concise written and verbal communication
Education:
o Master's degree/University degree or equivalent experience
Education: Any Graduate
Industry: Banking

Skills Required