Credit Risk Officer – C13
Citigroup
Job Description
The overall objective of this role is management of Citis credit exposure to counterparties in the Funds, Fund Managers and Pensions space in NAM.
Responsibilities:
Portfolio:
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firms 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 behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards
Specifically, make recommendations for requests to onboard funds to manage traded products such as ISDA, GMRA, OTC clearing, FXPB etc
Manage a modest portfolio of corporate loans (e.g. RCF to asset manager, redemption facility for funds)
Negotiate key credit terms in agreements for these activities
Continuously monitor and actively manage portfolio through stress tests and exceptions reporting and escalation e.g. limit overage, margin call dispute, covenant breach
Industry:
Develop or re-engineer, test, optimize and implement credit standards, procedures and policies
Manage risk levels for the credit spectrum across multiple products
Track and report on initiatives, performance results, emerging trends and opportunities to senior management
Establish cross-functional partnerships and networks in order to support the execute cross-functional and business initiatives
Qualifications:
Experience in credit risk management
Experience in the funds industry preferred
Experience in traded products and their respective agreements preferred
Experience in process management and automation preferred
Consistently demonstrate clear and concise written and verbal communication
Proven negotiation skills often used at a senior level
Demonstrated ability to synthesize, prioritize and drive results with urgency
Ability to obtain support and buy-in across a wide range of internal and external audience
Education:
Bachelors degree/University degree
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Job Family Group:
Risk Management
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Job Family:
Credit & Portfolio Risk Management
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Time Type:
Full time
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Primary Location:
Getzville New York United States
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Primary Location Full Time Salary Range:
$92,000.00 – $138,000.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Sep 24, 2024
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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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Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.