Director, Credit Risk Senior Officer II

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In this role, you’re expected to:

Financial Institutions and Counterparty Credit Risk (FIG & CCR) is a 2LOD team within Citi's Business and International Risk division. The team's Senior Risk Managers strive for proactive credit risk management; connectivity with senior management and other key Risk stakeholders with the aim to provide a solution-oriented partnership with the various Product and Underwriting teams. The role here will have a specific focus on the risk management and portfolio monitoring of Citi’s APAC hedge fund portfolio.

This Director (C-15) position will report to the Head of FIG & CCR funds and Hedge Funds APAC.  The Risk Manager will be responsible for reviewing, challenging and risk managing the APAC Hedge fund portfolio.

This position will be based in Hong Kong. Key Activities include:

• Maintain and manage a portfolio of APAC Hedge Fund credit exposures with Citigroup’s policies, procedures, and best practices. Responsibilities include to review and challenge both quarterly and annual reviews, risk rating accuracy, ongoing determination of emerging risks, and decisioning/recommending of incremental exposure requests.
• Provide credit risk approval for new transactions which will be derivative focused and the successful applicant will also need to collaborate closely with the APAC Hedge Fund Institutional Credit Management Underwriting (ICM) organization.
• Communicate clearly particularly with respect to effective challenge (transactions not to be approved, modification to structure or additional due diligence/conditions to approval).
• Advise and make concise approval recommendations to senior management.
• Interact directly with Credit Review Function (BICR), Internal Audit and banking regulators during their periodic and ad-hoc reviews.
• Mentor and guide junior team members.
• Assist with special projects.
• Work with Risk colleagues on risk mitigation at both inception of transactions and on an ongoing basis.

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

Competencies:

• Strong understanding of Hedge Fund risk profiles and trading strategies.
• Strong Knowledge of derivative products, particularly prime brokerage, other secured products as well as structured OTC derivatives.  
• Ability to work within the bank’s credit risk management framework, policies and procedures.
• Proven strong analytical and credit analysis skills with good attention to detail and ability to provide big picture decision making.
• Independent problem-solving skills, ability to prioritize and meet deadlines.
• Strong written and verbal communication skills with the ability to present analysis and recommendations in a succinct manner to senior stakeholders.
• Ability to handle complex transactions, often with short timetables, and to challenge when necessary, while showing constructive leadership capable of suggesting solutions.
• Capable of navigating large organizational structure and breaking down silos collaboratively.

Qualifications:

• 10+ years Hedge fund counterparty credit experience in large banking/financial institutions. Current Senior Credit Officer (or external equivalent) approval authority or on track to achieve this within the next 3 months having successfully completed ACE.
• Bachelor’s degree in Business Administration, Finance, or Economics preferred.
• An MBA, CPA, or CFA preferred and formal Credit Training is a plus.

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.

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