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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, youll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

Whether youre at the start of your career or looking to discover your next adventure, your story begins here.  At Citi, youll have the opportunity to expand your skills and make a difference at one of the worlds most global banks.  Were 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.  Youll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Shape your Career with Citi

Citis Risk Management organization oversees risk-taking activities and assesses risks and issues independently of the front line units. We establish and maintain the enterprise risk management framework that ensures the ability to consistently identify, measure, monitor, control and report material aggregate risks.

Were currently looking for a high caliber professional to join our team as Wealth Credit Risk 2LOD Officer, Vice President (Hybrid) (Internal Job Title): Wealth Credit Risk 2LOD Officerbased in Mumbai, India. Being part of our team means that well provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:

• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
• We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. Thats why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
• We empower our employees to manage their financial well-being and help them plan for the future.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
• We have a variety of programs that help employees balance their work and life, including generous paid time off packages.
• We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.

The Wealth Credit Risk role is focused on analyzing the creditworthiness of Wealth Clients (i.e. CPB Target market Individuals and Wealth Holding Vehicles), assigning risk ratings, recommending credit extensions or withdrawals, and providing ongoing monitoring of credit exposures. This role also includes providing an end to end holistic of review, challenge and recommendation activities for Governance, Regulatory and Portfolio management.

In this role, youre expected to : 

• Risk assessment including evaluation of credit and financial performance across Wealth Product offerings (such as Margin loan, Derivative Products, Various Structured Lending Products) are preferred.

• Understand applicable credit policies, local regulations and the requisite impact of those governance items

• Establish and leverage cross-functional partnerships and network with key internal and external constituencies

• Prepare risk management presentations for senior management that include analytics on portfolio performance and areas of potential risk and/or opportunity when needed

• Has the ability to operate with a limited level of direct supervision and escalate issues to relevant stakeholders, with a materiality mindset / recommendation (if any).

• Can exercise independence of judgement and autonomy, demonstrate proactive approach to make things progress.

• Acts as SME to senior stakeholders and /or other team members.

• 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.

As a successful candidate, youd ideally have the following skills and exposure : 

• 8-10 years of relevant experience

• Comprehensive understanding of Wealth Products, credit approval processes, risk assessment, creditworthiness evaluation, and risk forecasting.

• In-depth knowledge of financial markets, banking operations, and the regulatory environment.

• Proven experience in strategic planning, coordinating tasks, and overseeing projects related to credit approval and risk management.

• Proficiency in analyzing complex data, prioritizing critical information, and making informed decisions.

• Excellent interpersonal and communication skills, including the ability to articulate ideas clearly and adapt communication styles to suit different audiences.

• Expertise in risk management, identifying potential risks, developing mitigation strategies, and ensuring adherence to banking regulations and compliance requirements.

Education: 

• Bachelor's/University degree

• Master's degree preferred

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

Take the next step in your career, apply for this role at Citi today

https://jobs.citi.com/dei

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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

Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.

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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 (opens in new window).

View Citis EEO Policy Statement (opens in new window) and the Know Your Rights (opens in new window) poster.

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