Job Description

Discover your future at Citi

--------------------------------


Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

----------------


Institutional Credit Management's ("ICM") objective is to provide an integrated "end-to-end" credit underwriting, identification, measurement, management, monitoring for wholesale credit businesses across the enterprise. Wholesale Credit Risk ("WCR") In-Business Quality Assurance (QA) is an integral part of the ICM organization.


WCR In-Business QA verifies that established standards and processes are followed and consistently applied. WCR and ICM Management utilize the results of quality assurance reviews (QARs) to assess the quality of the group's policies, procedures, programs, and practices as relates to the management of wholesale credit risk. The results enable management to identify risks associated with operational and control weaknesses, training needs, and process deficiencies.


The WCR Head of In-Business QA reports results of QARs providing feedback, insight, and observations on any deficiency and areas of improvement, engaging management of the respective WCR businesses and In-Business Credit Risk, Independent Risk, Banking & International Credit Review, Internal Audit and Regulators.


This role is based in Mumbai and reports to the In-Business QA Wealth Head.

Key responsibilities include:

Support the implementation and ongoing delivery of a robust Quality Assurance function for Wealth in accordance with the coverage universe Provide effective credible challenge during QARs to Portfolio Managers and Underwriters, as regards to credit reviews and process adherence weaknesses in such processes are identified and escalated as appropriate Support with the aim to ensure wholesale credit risks within Citi are effectively identified, measured, monitored, and controlled, consistent with the bank's risk appetite and all policies and processes established within the risk governance framework Under the supervision of the Wealth QA Head, support execution of the following: + Consistent and objective assessments during QARs
+ Subsequent follow-up on corrective actions that were raised during QARs
+ Prepare Quality Assurance Reports to Senior Management that communicate and measure results and identify trends and remediations for gaps identified.
Constant interaction with the respective management of Wealth, to ensure that quality assurance protocols are adequate for all portfolios Support in the establishment of WCR In-Business QA policies, procedures, risk assessment and controls to drive effective QA coverage and standards Support the Wealth Head to stay abreast of relevant changes to rules/regulations and other industry news including regulatory findings Support the Head of Wholesale Lending Credit Risk In-Business QA on internal projects and initiatives

Competencies:

Strong Risk & Controls / Quality Assurance experience, including 8-10 years in banking, credit risk management, internal audit, loan review or quality assurance review function for Wholesale lending Solid understanding of Wealth underwriting Understanding of policies and procedures with the ability to execute change seamlessly Strong background on designing and implementing robust Quality Assurance framework, from initial assessment of concerns and monitoring strategy, execution of scripts and procedures Knowledge of and adherence to the control environment including Quality Assurance. Solid organizational skills with ability and willingness to work under pressure and manages time and priorities effectively Highly effective written and verbal communication skills, with the ability to communicate clearly and concisely to audiences Advanced Microsoft Office (Word, Excel, and PowerPoint) skills

Qualifications:

BA/BSc or higher degree in Business (MBA), or any other related subject.

-

Job Family Group:

Controls Governance & Oversight
-

Job Family:

Quality Assurance, Monitoring & Testing
-

Time Type:

Full time
-

Most Relevant Skills

Analytical Thinking, Assurance Strategy, Communication, Constructive Debate, Controls Assessment, Controls Lifecycle, Policy and Procedure, Risk Remediation, Stakeholder Management.
-

Other Relevant Skills

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

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.