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SVP, Global Remedial Integration Manager

Job Req ID 21326121 Primary Location Stamford, Connecticut Job Category Risk Management
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Provide support for Global Remedial Management & Oversight to develop and implement a Global Remedial Strategy, improve current practices for a smooth Global Remedial Process. Conduct Comprehensive Capital Analysis Review (CCAR) stress testing for Global Remedial, as outlined by the Federal Reserve to assess sufficient bank capital to continue operations through times of economic and financial stress. Coordinate implementation of the CitiRisk Global Commercial Risk Platform for Global Remedial and Remedial Workflows in the application to manage reporting across business sectors. Identify Troubled Debt Restructurings (TDRs) and coach Remedial Staff on the identification of TDRs and their reporting. Conduct FAS 114 analyses and development or modification of the global FAS 114 analysis process. Serve as Subject Matter Expert on Loss Given Default (LGD), Probability of Default (PD) and Exposure At Default (EAD) calculation for Global Remedial.  Apply knowledge of de-risking remedial portfolios in countries experiencing financial distress, attributed to macro-economic and/or geopolitical issues.


Responsibilities:

  • Partner with other members of the GRMO leadership team to ensure strategic initiatives are on track, and followed up in a timely fashion.
  • Coordinate the CitiRisk implementation for Global Remedial and the Remedial Workflows in the application. Coordinate with Technology, Operations and Global Risk Re-Engineering to ensure proper functionality of the Remedial Workflows. Review and approve the Remedial related BRD, FRD and MDD. Act as a focal point for Global Remedial with partners on the implementation.
  • Work closely with GRMO, FRA, FRI and Global Risk Re-engineering to improve Data Quality issues in Optima for Remedial. Liaise for Critical Data Elements, US Other elimination, inclusion and proper recording of Remedial fields in Optima. Partner with FRI and Finance on new enhancements in systems (such as RAPID and Flexcube) so that Remedial’ s need are met.
  • Act as focal point for the all Remedial Risk Reporting.  Coordinate with Global Remedial Staff the reporting requirements and liaise with Global Risk Re-Engineering and FRI to enhance, improve and move to FRI the reports performed by Remedial Staff.
  • Own and manage the Remedial Forms, HRR Template, CCR Templates, FAS 114 Template for CM, FAS 114 Template for DM and Special Mention Assessment Log. Provide training to Commercial Staff. Coordinate with partners, such as Independent Risk ex Remedial, Business and CLM to find optimal solutions that promote efficiencies. Manage the processes at the Global level related to these forms.
  • Work on improving Cost of Credit process with participating and co-leading write off and recoveries initiatives.
  • Co-lead the CCAR initiative for Global Remedial (FAS 114-CCB Workstream). Prepare and review individual CCAR analyses; prepare all workstream related documentation; coordinate the population and approvals; coach new participants in the workstream; analyze and compare CCAR results for rationality and to seek methods of improving the process.
  • Back up to Global Remedial MCA Coordinator. MCA tester and reviewer for Write Offs, FAS 114, TDRs and Special Mention Assessment.
  • Complete ad hoc requests as they come from the Office of the CCB CRO and the Office of Citi’s Risk Officer


Qualifications:

  • Knowledgeable in Citi’s commercial risk process and documenting an appropriate action plan for identified troubled, stressed, or distressed loans.
  • Experienced in commercial credit analysis and remedial management.
  • Ability to analyze historical data and projections strategic, negotiation and implementation skills.
  • Strong communication skills with ability to synthesize the argument in a logical and rational manner.
  • Ability to work well under pressure and multi-task.
  • Advanced computer skills.

Education:

  • Bachelor’s/University degree, Master’s degree preferred, with 5+ years commercial banking experience.


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

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Job Family Group:

Risk Management

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Job Family:

Remedial Management

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Time Type:

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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.

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