Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization. ICM’s Counterparty Credit Risk’s objective is to provide integrated “end-to-end” credit underwriting, identification, measurement, management, and monitoring for wholesale credit risk across the enterprise.  Within ICM, the CCR Underwriting function provides analysis, greenlight, underwriting, first-line-of-defense credit approval and subsequent credit monitoring across all ICG wholesale credit businesses including Banking, Global Structured Products, Financings, and Securitizations (GSP-F&S), Treasury & Trade Services (TTS), Markets, and Securities Services (MSS). The Credit Risk Manager will be part of the global CCR underwriting function, spanning various products including subscription call facilities, Fund Financing, FX, Derivatives, Prime Brokerage, and structured lending. Candidate should have experience managing alternative managers like Hedge Funds, Private Equity and Institutional Family Offices.

Responsibilities:

Evaluating transactions risk across the business covering full range of complex productsUnderstand applicable credit policies, industry regulations and the requisite impact of those governance items to prospective new partners or product initiativesConduct and take ownership of the Credit Approval Memo process (CAM), generate risk rating and update on an as need basis, perform quality control of the CAM / Risk Rating ScorecardNegotiation of credit structures and documentation, including ISDA’s, Derivatives Clearing, Prime Brokerage and Repo documentsFacilitate relationships with key clients in Banking and Risk Client Relationships / Business PartnershipProvides well-reasoned, balanced assessments of risk/return trade-offs associated with transactions and client relationshipsProven track record of partnering with global peers in leveraging and implementation of best practices

Qualifications:

6-10 years of experience in credit risk management or equivalent training and experience preferably in the financial services industryProven ability to apply credit and risk principles toward business goalsDemonstrated ability to synthesize and prioritizeProven ability to remain organized in a fast-paced environmentDemonstrated interpersonal, organizational and analytic skills

Education:

Bachelor's degree/University degree or equivalent experienceMaster's degree preferred

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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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Primary Location:

New York New York United States

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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.

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Anticipated Posting Close Date:

Jan 22, 2025

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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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