Credit Portfolio Officer –Senior Vice President

1 week ago


Mumbai, Maharashtra, India Citi Full time ₹ 8,00,000 - ₹ 24,00,000 per year
Discover your future at Citi

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

Whether you're at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you'll have the opportunity to expand your skills and make a difference at one of the world's most global banks. We're fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You'll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Institutional Credit Management (ICM) works closely with ourfront linebusinesses to serve as a criticalcomponentof our First Line of defense for wholesale and counterparty credit risk managementand alsowith our Independent Risk partners to ensure best-in-class risk and controls, as well as client responsiveness. Key responsibilities include portfolio analysis, review, documentation, risk identification, management, monitoring, and stress testing.

Portfolio Health Monitoringis a major deliverable for the Bank andvery challengingwork can be offered to the right candidate.PHMis developingappropriate toolsto detect emerging risksand portfolio vulnerabilities. The Bank is busy improving various frameworks to lead the industry with newcutting edgeanalysis on wholesale credit.

In this role, the PortfolioManagerwill be responsible for coordinating with thevarious pillars in PM,egEarly Warning Credit Management,Risk Appetite and Limits Management,Underwriting, Risk Management, and business partners, and executing on the monitoring strategies and priorities, as well as contributing to thedevelopment and presentation of reviews and recommendations.The PMwillcontribute to the productionofportfoliohealthreviews,frequent portfolio snapshots,ad-hoc deep dives,stresstestsand ongoing credit portfolio monitoring.

In this role, you're expected to:

  • Ensuring theportfoliomanagement of applicable portfolio is consistent with industry leading practices and conforms to all internal credit procedures/policies, and all related regulatory expectations.
  • Continuous engagement across ICM and with businesses and Independent Risk senior stakeholders
  • Understand any concernsregardingexecution ofportfolioalerts and/or emerging risks which will need to be addressed by the team, along with coordinating with the early warning credit management team to understand early warning deterioration and how this mightimpactthewholesale credit risk appetite of the Bank
  • Execute plans,strategy,andobjectivesfor PortfolioHealthMonitoringin an effective and innovative fashion; assess and report progress inmeetingsobjectivesincluding promotion of a healthy working culture.
  • Continuously challenge the infrastructure together with our Technology partners for abest-in-classuse ofmanagement reporting
  • Partner with applicable global, regional and industry stakeholders across ICM and withinfront officeand Independent Risk in the design and calibration ofmetrics and indicators for Portfolio Health, and credit monitoring standards for applicable portfolios
  • Support on internal projects and initiatives
  • Support ICM Voice of the Employee (VOE) initiatives
  • Travel (less than 25%)

As a successful candidate, you'd ideally have the following skills and exposure:

  • Financial Services experience including 7+ years of credit experience in Banking, Trading, Structuringor Credit Risk Management
  • Superior risk assessment skills
  • Experience in portfolio monitoring and management, in particular Public Sectorexpertiseis preferred
  • Fully conversant in credit policy and risk principles and perceived as a respected carrier of risk culture
  • Ability to recognize and address major types of risk, including market, operational and crossborder.
  • Expertisein managing large data sets accurately.
  • Solid knowledgeinrisk and regulatory capital issues as they relate to transactions,portfoliosandbusinesses.
  • Proactively engages team,partnersand seniors to collaborate holistic client-centric approach
  • Highly Effective interpersonal skills
  • Solid organizational skills
  • Exceptional written and verbal communication skills.

Education:

  • Degree in Finance or Accounting or higher degree in Business (MBA), or any other related subject
  • An MBA, CPA, CFA preferred, and formal credit training is a plus

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:

Portfolio Credit Risk Management

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Constructive Debate, Escalation Management, Industry Knowledge, Policy and Procedure, Policy and Regulation, Process Execution, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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.

View Citi's EEO Policy Statement and the Know Your Rights poster.



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