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 front line 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, review, documentation, risk identification, management, monitoring, and stress testing.Portfolio Health Monitoring is a major deliverable for the Bank and very challenging work can be offered to the right candidate. PHM is developing appropriate tools to detect emerging risks and portfolio vulnerabilities. The Bank is busy improving various frameworks to lead the industry with new cutting edge analysis on wholesale credit.In this role, the Portfolio Manager will be responsible for coordinating with the various pillars in PM, eg Early Warning Credit Management, Risk Appetite and Limits Management, Underwriting, Risk Management, and business partners, and executing on the monitoring strategies and priorities, as well as contributing to the development and presentation of reviews and recommendations. The PM will contribute to the production of portfolio health reviews, frequent portfolio snapshots, ad-hoc deep dives, stress tests and ongoing credit portfolio monitoring.
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 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 wholesale credit risk appetite of the Bank
- Execute plans, strategy, and objectives for Portfolio Health Monitoring in an effective and innovative fashion; assess and report progress in meetings objectives including promotion of a healthy working culture.
- 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 front office and Independent Risk in the design and calibration of metrics and indicators for Portfolio Health, and credit monitoring standards for applicable portfolios
- 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
:
- Financial Services experience including 7+ years of credit experience in Banking, Trading, Structuring or Credit Risk Management
- Superior risk assessment skills
- Experience in portfolio monitoring and management, in particular Public Sector expertise is preferred
- 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.
- Expertise in managing large data sets accurately.
- 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.
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.------------------------------------------------------
Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Portfolio Credit Risk Management------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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