Independent Risk Approver

2 days ago

Mumbai, India Citi Full time

The Independent Risk Approver will be part of approver team and will be reporting into reporting into Senior Approver Head who in turn reports into CCB India Risk Head. The officer will be responsible for leading activities including credit review, credit approvals and monitoring the portfolio to identify credit migration. The portfolio allocated to the approver can be based on geography or industry. The portfolio will comprise relatively large exposures and under Mid Market Enterprises (MME) program.

**Responsibilities**:

- Evaluate and approve credit proposals within delegated credit authority, ensuring compliance with risk policies and standards as well as regulatory requirements.
- Prioritize and timely review of credit requests, providing sound credit judgement in approving profitable and prudent credit exposures.
- Maintain close risk oversight of the borrowers to minimize credit costs and assure the risk profile remains within the Bank’s credit appetite. Provide immediate attention and guidance to deteriorating credits.
- Develop a holistic understanding of Citi’s Commercial Risk Management Policies and Processes, including CCB Country Appendix and Local Operating Procedures
- Keep abreast of regulatory developments, business trends and market sentiments.
- Participate in portfolio reviews and stress tests, and to implement action plan(s) where appropriate.
- Implement relevant credit policies and procedures and to provide guidance and expertise as required.
- Work with stake holders and assist them in regulatory reviews, internal and external audit exercises.
- Work with stake holders and assist in maintenance of data quality, collateral monitoring and other credit processes.
- Establish cross-functional partnerships and networks to contribute to and execute cross-functional and business initiatives.

**Qualifications**:

- You should preferably be a degree holder with minimum 12 + years of credit experience with wholesale lending.
- You should also possess strong analytical, interpersonal and organizational skills with attention to details
- Demonstrated ability to take intelligent risk and exercising independent and sound judgment
- Proven leadership skills and ability to work independently and a strong team player.
- Sound understanding of cash, trade and derivative products. Good understanding of counterparty risk, market risk and its impact on credit decision.
- Excellent written and verbal communication skills are essential
- Stays current with the dynamic demands of the environment and clients
- Demonstrated interpersonal, organizational, negotiation, strategic and analytic skills
- Proven ability to obtain support and buy-in across wide range of internal and external audiences.

**Education**:

- MBA / Chartered Accountant or equivalent

NA
- **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.

View the "**EEO is the Law**" poster. View the **EEO is the Law Supplement**.

View the **EEO Policy Statement**.

View the **Pay Transparency Posting

  • India Sbb Ir Approver

    2 weeks ago

    Mumbai, India Citi Full time

    The Credit Portfolio Senior Analyst is an intermediate-level position responsible for conducting credit reviews, credit approval and monitoring the portfolio to identify credit migration in coordination with the Risk Management team. The overall objective of this role is to manage Citi's portfolio exposure to clients and counterparties in...

  • Avp, Credit Approvals

    2 weeks ago

    Mumbai, India HSBC Full time

    **Some careers open more doors than others.** If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. **Role...

  • Product Approval Specialist

    1 week ago

    Mumbai, Maharashtra, India beBeeProductApproval Full time ₹ 18,00,000 - ₹ 25,00,000

    Product Approval SpecialistWe are seeking a skilled Product Approval Specialist to join our team. The successful candidate will be responsible for reviewing and approving new product launches, ensuring compliance with regulatory requirements and risk assessment.In this role, you will coordinate with cross-functional teams, including Product, Legal, Risk,...

  • Product Approval Council

    2 weeks ago

    Mumbai, Maharashtra, India Seven N Half Full time

    Experience & Skills:• Minimum 5-10 years in Risk/Compliance/Product Governance in BFSI, Fintech,or Ecommerce• Should have worked on at least 2–3 product rollouts in financial services or ecommercebusiness• Working knowledge of RBI/IRDAI/SEBI guidelines, ideally including experiencewith PAC or New Product Approval frameworks• Excellent...

  • Product Approval Council

    2 weeks ago

    Mumbai, Maharashtra, India Seven N Half Full time

    Experience & Skills: • Minimum 5-10 years in Risk/Compliance/Product Governance in BFSI, Fintech, or Ecommerce • Should have worked on at least 2–3 product rollouts in financial services or ecommerce business • Working knowledge of RBI/IRDAI/SEBI guidelines, ideally including experience with PAC or New Product Approval frameworks •...

  • Independent Risk Quality Assurance

    1 week ago

    Mumbai, India Citi Full time

    The Business Risk Manager provides full leadership and supervisory responsibility. Provides operational/service leadership and direction to team(s). Applies in-depth disciplinary knowledge through provision of value-added perspectives or advisory services. May contribute to the development of new techniques, models and plans within area of expertise. Strong...

  • Chief Operational Risk Manager

    2 weeks ago

    Mumbai, Maharashtra, India beBeeOperationalRisk Full time ₹ 1,50,00,000 - ₹ 2,00,00,000

    Job Title: Operational Risk ManagerWe are seeking a seasoned Operational Risk Manager to lead and manage independent projects across various operational risk management areas. As a key member of our team, you will be responsible for assessing and mitigating risks, ensuring compliance with regulatory requirements, and developing strategies to minimize...

  • Risk Management

    1 week ago

    Mumbai, Maharashtra, India Hathway Cable Datacom Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Role & responsibilitiesKEY RESPONSIBILITIES/ ACCOUNTABILITIES:Independently conduct process audits and process reviews across various business functionsAnticipate potential risk events, perform risk assessments, and identify appropriate control measuresMonitor the progress of risk mitigation action plans to ensure timely reduction of identified risks and...

  • Risk Executive

    1 week ago

    Mumbai, Maharashtra, India HIRINGHOUSE TECHNOLOGIES PVT LTD Full time

    **Key Focus Area** **Risk Assessment**: Identify and evaluate financial, operational, and strategic risks **Reporting**: Prepare risk reports and dashboards for management and compliance. **Compliance Monitoring**:Ensure adherence to regulatory and internal risk policies. **Stakeholder Collaboration**: Work with business units to understand and manage...

  • Risk Executive

    1 week ago

    Mumbai, Maharashtra, India HIRINGHOUSE TECHNOLOGIES PVT LTD Full time ₹ 6,00,000 - ₹ 8,00,000 per year

    Key Focus AreaRisk Assessment: Identify and evaluate financial, operational, and strategic risksReporting: Prepare risk reports and dashboards for management and compliance.Compliance Monitoring: Ensure adherence to regulatory and internal risk policies.Stakeholder Collaboration: Work with business units to understand and manage risks.Roles and...