Credit Initiation Officer (Secured Loan)

Shape your Career with Citi

Citi's Wealth brings together the full power of Citi to serve the entire continuum of wealth clients, from affluent to ultra-high net worth to family offices.  The strategies we create help our clients maintain liquidity while maximizing yields, transact in foreign currency and across borders, and manage fluctuating expenses or cash flow.  We are uniquely suited to helping our clients meet their banking needs across regions through our global network.

We’re currently looking for a high caliber professional to join our team as Officer, Credit Initiation Officer (Secured Loan) - Hybrid (Internal Job Title: Credit Maint Analyst 2 - C10) based in 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:

• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.

• We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.

• We empower our employees to manage their financial well-being and help them plan for the future.

• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

• We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

• We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.

In this role, you’re expected to:

This role is within the Credit Initiation department, which is essential for providing service support to our clients on new Loan Products applications, including Mortgage Loans, Securities Based Lending Loans, Unsecured Credit Facilities, and more. The department also performs regular portfolio account credit reviews on existing clients.

As a Credit Initiation Officer (from: Secured Lending Team), you will be responsible for processing clients' lending products applications through credit assessment. You will also ensure compliance with regulatory requirements, policies, and procedures. Furthermore, you will support the Unit Manager on projects, audit, and control governance activities when required.

• Support processing and credit underwriting functions for Lending Products Applications (Mortgage, Investment, and Premium Financing Loans) and ensure processing within established turnaround times and meeting productivity benchmarks.

• Perform credit assessment activities (including client profiling, credit risk analysis, credit proposal write-ups, and credit underwriting for new applications, line maintenance, and annual reviews) for consumer clients.

• Make evaluative judgments based on the analysis of application and client information.

• Analyze/evaluate credit reports and coordinate/follow up on action plans, implementations, and related defects.

• Review client’s applications and loan documents as part of the credit underwriting process.

• Render support on quality checks to ensure compliance with regulatory requirements, policies, and procedures.

• Support projects and the development of new workflows and procedures to simplify credit underwriting and post-approval processes.

• Provide administrative support surrounding application processing and portfolio activities (like conducting annual reviews on existing account holders).

• Provide training to junior staff/new hires where necessary.

• Support various control tasks where necessary (e.g., supporting the department manager or supervisor in collating samplings for Audit Review).

• Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets.

• This job description provides a high-level overview of the types of work performed. Other job-related duties may be assigned as required.

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

• 3-5 years of prior experience in a financial institution.

• 2-3 years of experience in credit operations or a similar position.

• Ability to work in a team-oriented environment.

• Bachelor’s degree/University degree or equivalent experience.

​Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

​Take the next step in your career, apply for this role at Citi today

https://jobs.citi.com/dei