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SVP, Counterparty Credit Risk Manager - Wealth

Job Req ID 24737645 Location(s) Hong Kong, Hong Kong SAR Job Type Hybrid Job Category Risk Management
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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.

Shape your Career with Citi

We’re currently looking for a high caliber professional to join our team as SVP, Counterparty Credit Risk Manager - Hybrid (Internal Job Title: Credit Portfolio Group Manager - C14) based in Central, Hong Kong. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future.  For instance:

Position summary:

The Counterparty Credit Risk Manager (“CCR”) for this role will be a relatively senior-level position based in Hong Kong, within APAC 2nd Line of Defense counterparty credit risk challenge function, direct report to the head of APAC FICC for Wealth Clients, spanning various products extended to a diverse client base of Wealth Management and Markets clients engaged in margin lending, derivatives, and structured lending. Candidate is recommended to have experience managing private clients, family offices and other alternative managers like hedge funds.


In this role, you’re expected to:

  • Providing Credit Approval on Counterparty Credit Facilities (i.e. Global Margin Lending, OTC Derivative products etc) for  Wealth clients including traditional family Office,  Institutional Family office

  • Provide oversight and challenge for the business covering full range of CCR products

  • Setting a global culture which demands excellence in analysis, underwriting, monitoring, and drives global consistency across regions

  • Strong knowledge of Derivatives and structured lending

  • Facilitate relationships with key clients in Wealth and Risk and with key Regulators (especially for HKMA), Internal Audit, and control functions

As a successful candidate, you’d ideally have the following skills and exposure:

  • 13+ years of relevant experience in financial services and risk management required

  • Proficiency in margin lending, capital markets products and complex financing and product structures

  • Ability to provide strategic insights and strong sensitivity to macro and regulatory issues, and impact of such issues on the various Risk families, including operational and franchise risks

  • Able to discuss and address issues associated with the allocation of risk assets and risk capital in partnership with banking and product organizations

  • Significant risk/risk-related counterparty credit work experience in banking/financial institutions with expertise in the private client, family office and alternative investment counterparties

  • Proven ability to effectively engage with regulators and internal control functions including Internal Audit and Fundamental Credit Risk as well as with external audit

  • Demonstrates strong ethics and integrity

  • Strong leadership.  Dynamic, flexible, and with strong communication skills, to be able t effectively lead various projects 

  • Demonstrated influencing and negotiating ability, resolve conflicts amongst various constituencies

  • Excellent presentation skills

  • 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:

Credit & Portfolio Risk Management

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Time Type:

Full time

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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.

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