Credit Portfolio Senior Officer
The Wholesale Credit Risk Capital / RWA Oversight resides within Wholesale Credit Risk Portfolio Management Group. The team provides oversight of all RWA related processes within Wholesale Credit Risk contributing to Firm’s RWA accuracy and partners with cross-functional stakeholders to drive alignment of the wholesale risk RWA processes with Citi’s enterprise-wide capital framework.
The individual will lead model sponsor related responsibilities for foundational wholesale models and drive the enhancements of model processes. The candidate will also lead the execution of issue remediation related to models and broader implementation matters.
Responsibilities:
- Responsible for BAU model processes associated with foundational default risk models (PD/LGD/CCF), including evaluating developers’ work, addressing limitations, providing review / challenge of developers’ work, securing MRM validation and working across with stakeholders on related implementation matters
- Conduct detailed reviews and documentation of the current model processes and implement a sustainable interaction model across stakeholders
- Drive corrective actions to remediate issues raised by internal / external stakeholders and lead SMEs in developing analysis and performing data review in Issue remediation initiatives. Plan implementation roadmap and drive the execution with stakeholders
- Synthesize the information and communicate and present proposals with internal stakeholders
- Contribute to readiness efforts for emerging regulations and implications for Wholesale Credit Risk
- Manage appropriate oversight forums and assist the body of work of Risk initiatives for Wholesale Credit as necessary.
Qualifications:
- 10+ years of experience in credit risk or equivalent training and experience preferably in the financial services industry
- Familiar with model processes and the range of businesses that give rise to credit risk and has a strong process-drive, problem-solving mindset
- In depth understanding of RWA processes and risk governance frameworks
- Consistently demonstrate clear and concise written and verbal communication
- Demonstrated ability to view data holistically and remain detail oriented to synthesize, prioritize and deliver results with urgency
- Demonstrated interpersonal, organizational, analytical, presentation, facilitation, negotiation and strategic skills
- Proven ability to obtain support and buy-in across a wide range of internal and external audiences.
- Bachelor's degree/University degree or equivalent experience, Master's degree preferred.
We offer:
- Work in a challenging area of the financial industry with one of the world's leading companies with exposure to variety of products, processes and controls.
- Cooperation with a high quality, international, multicultural and global team.
- Work in a friendly and diversified environment, appreciating differences in style and perspective and using them to add value to decisions leading to organizational success.
- Management supporting balanced and agile work (flexible working hours, home office).
- Attractive benefits package (Benefit System, medical care, pension plan etc.).
- A chance to make a difference with various affinity networks and charity initiatives.
#LI-JB2
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Credit & Portfolio Risk Management------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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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