Credit Portfolio Officer - Vice President (NEW YORK)
Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization. ICMs Counterparty Credit Risks objective is to provide integrated end-to-end credit underwriting, identification, measurement, management, and monitoring for wholesale credit risk across the enterprise. Within ICM, the CCR Underwriting function provides analysis, greenlight, underwriting, first-line-of-defense credit approval and subsequent credit monitoring across all ICG wholesale credit businesses including Banking, Global Structured Products, Financings, and Securitizations (GSP-F&S), Treasury & Trade Services (TTS), Markets, and Securities Services (MSS). The Credit Risk Manager will be part of the global CCR underwriting function, spanning various products including subscription call facilities, Fund Financing, FX, Derivatives, Prime Brokerage, and structured lending. Candidate should have experience managing alternative managers like Hedge Funds, Private Equity and Institutional Family Offices.
Responsibilities:
Evaluating transactions risk across the business covering full range of complex products
Understand applicable credit policies, industry regulations and the requisite impact of those governance items to prospective new partners or product initiatives
Conduct and take ownership of the Credit Approval Memo process (CAM), generate risk rating and update on an as need basis, perform quality control of the CAM / Risk Rating Scorecard
Negotiation of credit structures and documentation, including ISDAs, Derivatives Clearing, Prime Brokerage and Repo documents
Facilitate relationships with key clients in Banking and Risk Client Relationships / Business Partnership
Provides well-reasoned, balanced assessments of risk/return trade-offs associated with transactions and client relationships
Proven track record of partnering with global peers in leveraging and implementation of best practices
Qualifications:
6-10 years of experience in credit 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:
Bachelor's degree/University degree or equivalent experience
Master's degree preferred
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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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Primary Location:
New York New York United States
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Primary Location Full Time Salary Range:
$129,840.00 - $194,760.00
In addition to salary, Citis offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Jan 22, 2025
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Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi) invite all qualified interested applicants to apply for career opportunities. 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 the "EEO is the Law" poster. View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting
Apply Now
Responsibilities:
Evaluating transactions risk across the business covering full range of complex products
Understand applicable credit policies, industry regulations and the requisite impact of those governance items to prospective new partners or product initiatives
Conduct and take ownership of the Credit Approval Memo process (CAM), generate risk rating and update on an as need basis, perform quality control of the CAM / Risk Rating Scorecard
Negotiation of credit structures and documentation, including ISDAs, Derivatives Clearing, Prime Brokerage and Repo documents
Facilitate relationships with key clients in Banking and Risk Client Relationships / Business Partnership
Provides well-reasoned, balanced assessments of risk/return trade-offs associated with transactions and client relationships
Proven track record of partnering with global peers in leveraging and implementation of best practices
Qualifications:
6-10 years of experience in credit 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:
Bachelor's degree/University degree or equivalent experience
Master's degree preferred
------------------------------------------------------
Job Family Group:
Risk Management
------------------------------------------------------
Job Family:
Portfolio Credit Risk Management
------------------------------------------------------
Time Type:
Full time
------------------------------------------------------
Primary Location:
New York New York United States
------------------------------------------------------
Primary Location Full Time Salary Range:
$129,840.00 - $194,760.00
In addition to salary, Citis offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
------------------------------------------------------
Anticipated Posting Close Date:
Jan 22, 2025
------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi) invite all qualified interested applicants to apply for career opportunities. 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 the "EEO is the Law" poster. View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting
Apply Now