Credit Risk Officer - Commercial Banking - Vice President - Sydney

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.

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Citi’s Risk Management organization oversees risk-taking activities and assesses risks and issues independently of the front-line units. We establish and maintain the enterprise risk management framework that ensures the ability to consistently identify, measure, monitor, control and report material aggregate risks.

Citi Commercial Bank provides global banking solutions to mid-sized companies that are looking to grow rapidly and expand internationally. With our global network, comprehensive solutions, and industry expertise, we help these businesses succeed across a wide variety of industries and at most stages of their growth.

We’re currently looking for a high caliber professional to join our team as Vice President, Credit Risk Officer - Commercial Banking - Sydney - Hybrid (Internal Job Title: Credit Officer - C13) based in Australia. 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:

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

The Credit Officer 3 is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.

In this role, you’re expected to:

• Appropriately assess credit risk of underwriting requests for commercial credit extensions of new and existing clients within the mid-market and institutional segments. Have ownership responsibilities for sound credit decisions and compliance with internal procedures/credit risk policy guidelines and standards.
• Perform credit risk analysis based on credit requests memos of clients by analyzing the business, financing purpose, identifying the strengths and prevailing risk factors and rendering a final credit decision.
• Perform detailed financial analysis on companies, including trend and ratio analysis, and interpret the financial information.
• Perform credit analysis on companies, guarantors in order to assess repayment capacity based on cash flow statements, tax returns, and statements.
• Perform industry research and other due diligence as needed.
• Maintain a solid understanding of Citibank products and services - within Citi Commercial Banking and the broader organization.
• Maintain compliance with Citibank credit policies/practices and regulatory policies, to ensure business unit is in adherence to the above and receives satisfactory ratings from internal and external auditors.
• Assists 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.
• Provide support to Head of Commercial Bank Risk Australia across projects, risk initiatives as required to support risk and broader organizational goals.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

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

Qualifications:

• 6-10 years previous credit authority experience covering corporate credits within the mid-market and/or institutional banking is preferred. Prior experience with regulatory and compliance policy environment.
• Proven analytical skills including the ability to read and assess individual and company financial statements, cash flow, industry/competitive analysis and projections, including complicated business structures with foreign subsidiaries and/or parent organizations.
• Requires good analytical skills in order to filter, prioritize and validate potentially complex material from multiple sources.
• Proficient in various spreadsheet applications (Excel), including the use of graphs and charts.
• Excellent organizational skills, prioritizing capabilities, attention to detail, and the ability to complete assignments within required deadlines in a fast-paced environment.
• Effective inter-personal and written/verbal communication skills.
• Thorough problem recognition and resolution skills.
• Pro-active disposition with ability to work autonomously and within a team.
• Ability to deal with complex and variable issues and take a risk balanced approach weighing various alternatives and balancing potentially conflicting needs.

Education:

• Bachelor’s/University degree, Master’s degree preferred.

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

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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