3 days old

SVP, Credit Review Senior Officer

Citigroup
New York, NY 10176
Global Risk Review (GRR) provides independent, objective, reliable, valued and timely assurance to the Board of Directors, the Committees, the Citigroup Chief Risk Officer, the Citibank Chief Risk Officer, senior management and regulators over the effectiveness of credit, capital and collateral risk management and the ability of the Business and Independent Risk Management to identify, monitor and mitigate current and emerging risks. Within GRR, the Global Portfolio Review (GPR) function provides an independent review and challenge of credit risks in frameworks or processes that span multiple portfolios, risk stripes, or encompass the entirety of Citi.


Reporting to the Head of GPR, the Credit Review Senior Officer is responsible for independently managing all aspects of assigned Review Entities. Responsibilities include execution of Business Monitoring and Credit Reviews in accordance with the Fundamental Credit Review (FCR) Manual and GPR Framework. In particular, the role entails monitoring and evaluating the effectiveness of assigned portfolio management frameworks across Citi and CBNA impacting both Consumer and Wholesale, proposing pragmatic solutions to risk and control issues, and maintaining ongoing contact with a Review Entitys management through continuous Business Monitoring (BM) and corrective action follow-up where applicable.


Developmental opportunities include experience in a high visibility, dynamic function; exposure to both Consumer and Wholesale Businesses, enhanced business contacts; leadership responsibilities.


**Responsibilities:**


+ Evaluate the effectiveness and adherence to regulatory expectations of key enterprise-level frameworks such as concentration risk management and risk appetite, and their application across Citi, CBNA, Business Segments, and Material Legal Entities

+ Assess the quality and adequacy of management adjustments to the Current Expected Credit Losses (CECL) methodology for estimating allowances for credit losses

+ Management of Review Entities through quarterly BM and periodic Reviews

+ Assess the quality of portfolio management, including identification and evaluation of material and emerging risks

+ Assess the effectiveness of credit risk processes and standards of assigned Review Entities to promote leading practices and identify opportunities for improvement

+ Assess Business and Risk staffing levels to determine the effects on assigned Review Entities

+ Prepare Credit Assessment Documents in accordance with and at the quality standards required by the FCR Manual and Review Guides

+ Accountability for the quality and consistency of work products that include Credit Assessment Documents, Sample Rationale Documents, and Review Reports created for the assigned Review Entities

+ Evaluate the appropriateness of Corrective Action Plans (CAPs) resulting from Reviews or BM, and subsequent validation of the effectiveness of those CAPs after implementation by management

+ Proactively communicate to the Head of GPR and GRR Senior Management any concerns and/or emerging risks that may impact the assigned Review Entities

+ Assess risk when business decisions are made, demonstrating particular consideration of the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, and policy

+ Apply sound ethical judgment regarding personal behavior, conduct and business practices, and escalations, managing and reporting control issues with transparency

+ Regularly interface with senior business and risk managers

+ Travel required (up to 15%)


**Knowledge/Experience:**


+ Demonstrable financial services experience including 10+ years of experience in Banking, Finance, Accounting, Economics, Business Administration or similar field, with expertise in risk analysis or risk management processes for wholesale or retail lending

+ Fully conversant in credit policy matters

+ Expert in risk analysis and risk management processes for one or more products and lending areas

+ Understanding of US prudential regulations and guidelines, regulatory experience or relevant experience in a similar role at another institution is highly desirable


**Skills/Competencies:**


+ Advanced analytical skills, with the ability to identify root causes and trends and anticipate horizon issues

+ Ability to recognize emerging risks, including operational risk

+ Strong project management skills, with the ability to coordinate and manage large review teams

+ Excellent written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority

+ Strong interpersonal skills, with the ability to build relationships and exert influence without direct authority

+ Proficient in Microsoft Office (Word, Excel, and PowerPoint)

+ Proficient in use of statistical tools and methodology in understanding / analyzing portfolio credit risk and for sample selection

+ Knowledge of Citi's organization and systems preferred


**Qualifications:**


+ BA/BSc or higher in business, finance, or a related field, Masters degree preferred

+ Senior Credit Officer qualification preferred


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:**


Credit Review Risk Management

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**Time Type:**


Full time

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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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .


View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .


View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .


View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)


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Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Categories

Posted: 2022-05-13 Expires: 2022-06-12

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SVP, Credit Review Senior Officer

Citigroup
New York, NY 10176

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