Institutional Credit Management (ICM) is a first line of defense risk function that has been established to transform the way we execute on our core capabilities within and across the wholesale credit businesses. We work across and with the areas of banking, second line of defense risk, operations, technology and central governance functions, for products spanning investment banking, commercial real estate, trade services, wealth management / private banking, and commercial loans. Within the broader ICM area, we are building a team to manage and enhance our exceptions (policy, limits, underwriting, collateral, etc.) monitoring / portfolio management capabilities. In this role you will work closely with aforementioned areas to coordinate, perform, drive and oversee critical tasks in the management of the Exceptions Framework including activities related to data capture, data analysis, risk & control, reporting and presentation of this information to senior management.
The Portfolio Analyst 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. 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. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.
Responsibilities:
Oversee end-to-end processes related to the Exceptions Framework including coordination with Lines of Businesses / key stakeholders on data related initiatives, automation, control and metric analysis / reporting / development, and alignment with Citi's overall target state transformation efforts. Assist with the creation / updating of implementation plans and requirements to grow and enhance Exceptions Framework capabilities. Manage the execution of implementation plans and work with Lines of Businesses / key stakeholders to ensure successful adoption and implementation are achieved. Assist in the preparation and review of management reporting including updates on various Exceptions Framework initiatives and providing insight into trends, concentrations, risk-levels, etc.
Present to senior management metric performance results and other updates
Own the remediation of Internal Audit and Regulatory related Exception Framework issues.
Own / manage the execution of required control assessments, monitoring and performance. Ensure all required documentation including Exceptions Framework policy, procedures, communication material / presentations, release notes, etc. are kept up to date.
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.
Qualifications:
5+ years' experience in the Financial Services industry in credit / project management, operational or consulting related roles; Wholesale credit background and PMP certification a plus.
Ability to provide insight on portfolio performance, manage individual deadlines and goals. Develop knowledge of metrics, including gathering, reporting, trend analysis, creation, and metrics.
Ability to identify issues and problems, generate solutions and choose appropriate alternatives using basic root cause analysis.
Manage client expectations, anticipates operational and tactical risks and tracks them; clarify, identify, and track requirements and issues, remove barriers, resolve minor project issues and escalate to immediate manager where required.
Excellent influencing, facilitation, presentation and partnering skills, with ability to synthesize complex concepts and translate into effective presentations to external regulators and Senior Executives.
Strong attention to detail, willingness to "roll up sleeves".
Ability to work in a dynamic environment under tight deadlines with changing priorities.
High proficiency in MS Office (Excel, Word, PowerPoint).
Working knowledge of wholesale product and credit risk management processes.
Front-Office or Risk operational, reporting, credit and/or process & control experience.
Proven track record as change agent. Experience in regulatory and Internal Audit interaction, including issue management and remediation.
Key benefits include exposure to some of the top leaders in the business in helping to drive change across a global organization and the opportunity to gain a better understanding of wholesale banking products and Citi's governance / risk management practices. ------------------------------------------------------
Job Family Group: Risk Management ------------------------------------------------------
Time Type: Full time ------------------------------------------------------
Primary Location: New York New York United States ------------------------------------------------------
Primary Location Full Time Salary Range: $129,840.00 - $194,760.00
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. ------------------------------------------------------
Anticipated Posting Close Date: Apr 11, 2024 ------------------------------------------------------
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.
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