New York, NY, 10176, USA
14 days ago
Credit Portf Senior Officer I - C14 - NEW YORK
The Credit Portfolio Senior Officer I is a senior-level position responsible for leading activities including credit review, credit approvals 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 client and counterparties globally. **Responsibilities:** + Oversee Private Equity Counterparties and Alternatives (Hedge Funds / Family Office) transactions risk across Private and Investment Bank. Provide oversight and challenge for the business covering full range of products + Assess quality of assigned portfolios, including identification and evaluation of emerging risks + Assess effectiveness of the credit risk processes and standards of assigned entities to promote leading practices and identify opportunities for improvements + Experience underwriting and supporting a portfolio of subscription facilities + Strong knowledge of Derivatives and structured lending (including NAV financing) + Review and assess the appropriateness, completeness and usage trends of the credit risk components of the Risk Appetite framework for the assigned portfolios + Provide autonomous assessment of the accuracy and appropriateness of risk ratings and classifications of the assigned portfolios + Ensures that corrective action plans for assigned businesses are appropriate, monitored and duly validated addressing concerns resulting from Fundamental Credit Risk reviews. + Infer the diverse opinions of Sr. Management and Regulators to effectively address all issues + Partner with Risk organization to understand the source of the data and continue to improve the process of defining, extracting and utilizing the data. + 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:** + 15+ years financial services experience including credit experience in Markets and Private Bank + Regulatory experience or relevant experience in a similar role at another institution is desirable. + Fully conversant in credit policy matters + Good knowledge of capital markets products, including derivatives + Skilled at analyzing root causes of problems and anticipating “horizon” issues + Ability to coordinate large review teams + Ability to work at senior levels and build constructive and effective relationships with peers + Effective analytical, written and oral communication skills + Project management skills **Education:** + Bachelor’s/University degree, Master’s degree preferred + FRA and/or FRM preferred ------------------------------------------------------ **Job Family Group:** Risk Management ------------------------------------------------------ **Job Family:** Credit & Portfolio Risk Management ------------------------------------------------------ **Time Type:** Full time ------------------------------------------------------ **Primary Location:** New York New York United States ------------------------------------------------------ **Primary Location Full Time Salary Range:** $163,600.00 - $245,400.00 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:** Oct 22, 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. 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) Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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