Senior Officer Credit Risk, Senior Vice President
Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills to Citi's Risk Management team. By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Team/Role Overview
Citi Commercial Bank (CCB) is a global line of business at Citigroup that provides commercial banking services to mid-sized companies. CCB aspires to be the global bank of choice for trade-oriented companies, with revenues between $100MM - $3B, with an array of products and services that include: Lending, Cash Management, Trade, Foreign Exchange, Interest Rate Derivatives, and Capital Markets solutions.
The Credit Risk Senior Officer is a strategic professional who closely follows the latest trends in their field and adapts them for application within their job and the business. Excellent communication skills are required in order to negotiate internally, often at a senior level.
What you'll do
* Strategic professional who will undertake quality judgmental lending including exercising delegated approval authority to ensure that good business opportunities are not lost while safeguarding the business interests of the Bank.
* Complete in-depth analysis of financial data and other information provided by the client and/or banker in the field. Supplement analysis with research and evaluations from a wide variety of sources to develop an assessment of client, competitor/industry risks and trends for senior management and/or the Senior Credit Officer.
* Oversee deal approvals including timing of approvals and turnaround in collaboration with underwriters and business partners.
* Ensure all credit decisions comply with regulatory requirements, including PRA, FCA, and OCC guidelines, as well as internal risk governance standards.
* Provide independent approvals for the individual portfolio as a Senior Credit Officer with the appropriate authority and title.
* Assist revenue growth and contain credit losses while managing risk within credit policy.
* Monitor an assigned credit portfolio and complete periodic reviews; maintain a thorough understanding of the content and aggregate risks within the portfolio, trends, and other key statistics.
* Assist in the development of appropriate procedures around approvals, underwriting, and portfolio functions in consultation with underwriters and senior business leaders.
* Pro-actively reach out to line partners, creating a shared learning environment between remote locations and front office.
What we'll need from you
* Extensive credit experience (more than 12 years) including approvals with a proven track record of successfully managing leveraged finance portfolios in the commercial/corporate lending space.
* Strong understanding of corporate finance, financial modeling, and lending practices.
* In-depth knowledge of industry sectors relevant to the UK mid-corporate market.
* Excellent communication and diplomacy skills required in order to negotiate internally, often at a senior level and occasionally with external customers.
* Thorough credit and analytical skills, knowledge of credit products.
* Strong decision-making ability, balancing commercial acumen with a robust risk management mindset. Familiarity with UK regulatory requirements for credit risk and lending.
* Effective verbal and written communication skills.
* Bold in approach to approve sound credit with a highly collaborative work style.
* Ability to train, recruit, and mentor teams of professionals.
* Must be SCO or equivalent.
What we can offer you
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well, and save well.
By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
* Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
* A discretional annual performance-related bonus.
* Private medical insurance packages to suit your personal circumstances.
* Employee Assistance Programme.
* Pension Plan.
* Paid Parental Leave.
* Special discounts for employees, family, and friends.
* Access to an array of learning and development resources.
Alongside these benefits, Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
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. #J-18808-Ljbffr