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Job Overview

Job Background/Context

Institutional Credit Management (ICM) is a critical component of Citis First Line of defense for wholesale and counterparty credit risk (CCR) management. ICM works with Independent Risk teams to ensure best-in-class risk and controls, and client responsiveness. Key responsibilities of the group include credit analysis, documentation, risk identification, exposure monitoring and stress testing. ICM coordinates with credit management groups across Markets as well as Banking to ensure full alignment on business and regulatory goals, as well as consistency and best practices.

Within ICM Counterparty Credit Risk (CCR), ICM Funds Underwriting is a global team responsible for measuring, monitoring and controlling counterparty risk for Funds, covering Asset Management Companies, Investment Advisors as Agent, and Pension Funds.

We are seeking an experienced professional to perform credit analysis (preparing CAMs) and to underwrite credit for some of our largest Real Money Funds clients. The role will also support the Funds Credit Analyst Team Lead, guide junior analysts and review CAMs (checker) while also supporting the Team Lead on other adhoc tasks. This is a First Line of Defense risk management role, with plenty of opportunities to work with front office and independent risk partners.

Key Responsibilities:

• Assess the credit and financial strength of Citis Real Money Funds Clients by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors
• Complete Credit Analysis Write-up Memos and Final Obligor Risk Ratings of Citis Funds Counterparties based on independent assessment and judgement completed on the due diligence of the client and industry knowledge to provide appropriate extensions of credit remaining within Risk appetite
• Continuous monitoring of the covered portfolio, including following industry trends, impacts to key relationships, and escalation of potential credit issues to Underwriting Team Leads, 2LoD Risk Partners and BCMA partners
• Ensure on-going training to team, reviewing CAMs and providing timely feedback to underwriting analysts to sustain a strong credit underwriting standard, culture and an unwavering commitment to excellence in analysis and execution
• Assist the team lead with ad hoc deliverables/tasks and proactively assume additional responsibilities to help manage workload.
• Review and provide recommendation on the risk rating across the Funds sector
• Partner with regional and industry stakeholders in Underwriting, 2LoD, and BCMA in the implementation of credit assessment and monitoring standards for applicable portfolios

Knowledge/Experience:

• Demonstratable financial services experience, including 6+ years of credit experience in Banking, Credit Risk Management or equivalent credit experience
• Strong knowledge of Wholesale Credit Processes and organizational awareness including ICM functions, covered portfolios/products, and processes
• Sound understanding of policies, standards and procedures with the ability to execute change seamlessly

• Well-developed analytical skills, including an understanding of key financial components (liquidity position, leverage profile with the ability to form independent opinions on credit and recognize emerging risks)
• Solid and thorough knowledge of Citis systems (preferable)
• Experience in preparing clear and concise presentations to senior stakeholders
• Full awareness and adherence to the control environment including Quality Assurance and Quality Control
• Credit Officer (CO) or demonstrating the skills aligned with that designation will be advantageous
• 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.

Skills/Competencies:

Strategic orientation to ensure the ICM Underwriting organization continues to be positioned as a thoughtful and proactive partner on driving best practices to support safety and soundness within ICM and Citi

• Experience and familiarity with Real Money Funds, and Pension Funds Industry products and relevant CCR risk measures
• Demonstrate strong ownership and organizational skills with ability and willingness to work under stringent deadlines, manages time and priorities effectively.
• Excellent organizational skills, prioritizing capabilities, attention to detail, and the ability to complete assignments within required deadlines in a fast-paced environment
• Clear written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority
• Well-developed interpersonal skills, with the ability to build relationships and exert influence with and without direct authority
• Pro-active disposition with ability to work autonomously and within a team.
• Coach and mentor analysts to develop team strengths and elevate individual and team performance
• Proven culture carrier
• Good Microsoft Office (Word, Excel, and PowerPoint) skills

Qualifications:

MBA , CA, CFA or equivalent

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Job Family Group:

Risk Management

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Job Family:

Credit Risk

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Credible Challenge, Financial Analysis, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.

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Other Relevant Skills

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

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