Counterparty Credit Risk Analytics – Assistant Vice President

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Job Overview

The Credit Portfolio Analyst is an intermediate-level position responsible for conducting credit reviews, monitoring the mortgage portfolio and other ancillary data to identify risk concerns in coordination with and for the Credit Risk Underwriting Management team. Position must establish and leverage cross-functional partnerships with key internal and external departmental staff to collaboratively contribute to Business strategies.  The overall objective of this role is to manage Citi's real estate lending portfolio exposure to clients and counterparties globally.

Responsibilities

• Contribute to the development of new techniques and improvement of processes and work-flows by applying in-depth disciplinary knowledge and integrating subject matter and industry expertise within Credit Risk Management

• Review, analyze and prepare initial application packages for admission to the Correspondent program

• Prepare annual recertification packages to assess each Correspondent’s ongoing program eligibility and risk profile

• Monitor Correspondent performance and Repurchase exposure

• Establishing and maintaining proper oversight and controls on the system of record for Correspondent files and data records using the Counterparty database Groupwide Broker/Correspondent Management System (GBCMS)

• Monitors the output of the surveillance tools to examine incidents or items that require further investigation or escalation

• Understand applicable credit policies, industry regulations and the requisite impact of those governance items to prospective new partners or product initiatives

• Expert utilization of Statistical Analysis System (SAS) in a UNIX environment, SQL language, Access Data Base, Tableau, EDW and Risk DataMart to perform risk, financial and data analyses including profiling, sampling, reconciliation, and quality testing

• Research customer and/or management queries using risk systems, data and support ad-hoc risk policy analyses and projects as required

• Participate in developing, testing, and optimizing credit policies, ensuring consistency and regulatory compliance, and assist in the implementation of those policies, processes and other related initiatives

• Support business unit goals by continuous identification of process improvements and efficiencies that reduce costs and improve customer service levels

• Work with management team on prioritization and implementation of approved actions

• Appropriately assess risk when business decisions are made by demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients and assets; to drive compliance with applicable laws, regulations or internal policies; applying sound ethical judgment regarding personal behavior, conduct and business practices; and escalating, managing and reporting control issues with transparency to Credit Risk Management team

Qualifications

• 5-8 years of relevant experience, including knowledge of real estate lending policies and regulations, underwriting or compliance areas and Correspondent lender experience  surrounding extension of credit and its risk analytics

• Ability to exercise independence of judgment and autonomy, and to apply credit and risk principles toward business goals

• Demonstrated ability to synthesize, prioritize and drive results with a sense of urgency

• Proven ability to remain organized in a fast-paced environment, managing multiple projects

• Proven interpersonal, organizational and analytic skills, and ability to operate with limited direct supervision

• Expert knowledge of all Microsoft applications and other mortgage industry wide systems

Education

• Bachelor's/University degree or equivalent experience 

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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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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.

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Other Relevant Skills

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

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