WCR In-Business Quality Assurance Global Corporates VP

8 - 12 years

0 Lacs

Posted:1 month ago| Platform: Shine logo

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On-site

Job Type

Full Time

Job Description

Role Overview: Institutional Credit Managements (ICM) focuses on providing integrated credit underwriting, measurement, management, and monitoring for wholesale credit businesses. Wholesale Credit Risk (WCR) In-Business Quality Assurance (QA) plays a crucial role within the ICM organization by ensuring that established standards and processes are consistently followed. As the WCR Head of In-Business QA, you will be responsible for reporting QAR results, identifying areas of improvement, and engaging with various stakeholders to enhance the management of wholesale credit risk. Key Responsibilities: - Assist the Regional Lead of In-Business QA in implementing and maintaining a robust Quality Assurance function. - Challenge Underwriters and Regional Heads during QARs to ensure adherence to credit reviews and processes. - Aid in identifying, monitoring, and controlling wholesale credit risks within Citi in alignment with risk appetite and established policies. - Conduct consistent assessments during QARs for Institutional and Commercial Banking. - Follow up on corrective actions raised during QARs and prepare Quality Assurance Reports for WCR management. - Collaborate with Underwriting and 1LOD functions to ensure adequate quality assurance protocols for all portfolios. - Contribute to the establishment of WCR In-Business QA policies, procedures, risk assessment, and controls. - Stay updated on regulatory changes and industry news to support effective QA coverage. - Support internal projects and initiatives led by the WCR Head of In-Business QA Wholesale Lending Credit Risk. - Participate in ICM Voice of the Employee (VOE) initiatives. Qualifications Required: - Demonstrable experience in assurance, corporate banking, credit risk management, internal audit, or quality assurance review function in a large commercial bank. - Knowledge of Wholesale Credit Processes, organizational awareness, and understanding of policies and procedures. - Strong background in core credit analysis for large corporate and finance industries. - Ideally, a background as a credit officer or analyst with experience in credit functions. - High awareness and adherence to the control environment, including Quality Assurance. - BA/BSc or higher degree in Business (MBA) or related subject. Additional Details: The job falls under the Controls Governance & Oversight job family group and the Quality Assurance, Monitoring & Testing job family within Citi. Your technical skills should include advanced proficiency in Microsoft Office (Word, Excel, and PowerPoint). Relevant competencies for this role include analytical thinking, communication, stakeholder management, and controls assessment. Leadership qualities such as strategic orientation and proven culture carrier are also essential for success in this position.,

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