Company description: Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a relatively new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization. ICMs 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 Credit Underwriting function (ICM-UW) provides analysis, greenlight, underwriting, first-line-of-defense credit approval and subsequent credit monitoring across all ICG wholesale credit businesses including Banking, International, Global Structured Products, Financings, and Securitizations (GSP-F&S), Treasury & Trade Services (TTS), Markets, and Securities Services (Services).
Key Responsiblities: Executes, aligned with global and regional strategies, all responsibilities regarding underwriting, including, but not limited to:
Provide first line of defense credit approval for the most complex transactions
Adoption of leading practices in credit analysis, underwriting, and monitoring, including the end-to-end underwriting process, from early origination discussions to development of credit approval memos, and senior approval forums
Supports functions close engagement with global and Regional Business Heads, Independent Risk, regulators, and other control functions
Facilitate relationships with key clients in Banking and Risk and with key Regulators, Internal Audit, and control functions
Manage large, diverse, and high performing team
Oversee credit associates with respect to their preparation of key deliverables such as CAM and sign off on their work product
Support the Regional/Global Heads of ICM FI Credit Underwriting on strategic initiatives/projects
Support VOE initiatives
Job description: SPECIFIC RISK EXPERIENCE:
Senior credit approval authority covering large and complex underwritings, capital commitments, derivatives with multi-industry experience
Experience in and exposure to global credit risk management standards
Ability to understand capital markets products and complex financing and product structures
Ability to provide strategic insights and strong sensitivity to macro and regulatory issues, and impact of such issues on the various Risk families, including operational and franchise risks
Able to discuss and address issues associated with the allocation of risk assets and risk capital in partnership with banking and product organizations
Proven ability to effectively engage with regulators and internal control functions including Internal Audit and Fundamental Credit Risk as well as with external audit
CLIENT RELATIONSHIPS / BUSINESS PARTNERSHIP:
Proven ability to understand nuances of local markets, local regulation, and the capabilities and practices of competitors
Navigates organizational complexity and breaks silos
Creates and sustains a network of strong partnerships with the business in all segments & geographies and other risk functions
Provides well-reasoned, balanced assessments of risk/return trade-offs associated with transactions and client relationships
Proven track record of partnering with global peers in leveraging and implementation of best practices
Proven track record on managing individuals and teams on multiple locations, driving strong Culture and Thought Leadership through groups and functions
Required profile: Experience with risk/risk-related credit work experience in banking/financial institutions
Senior Credit Officer designation or higher is preferred
Proven ability to effectively engage with regulators and internal control functions including Internal Audit and Fundamental Credit Risk as well as with external audit
Demonstrates strong ethics and integrity
Ability to see the big picture in a complex environment
Can make decisions under pressure and short timeline
Excellent verbal & written communication skills. Active listening skills.
Demonstrated influencing and negotiating ability, resolve conflicts amongst various constituencies
Excellent presentation skills adept at presenting effectively to audiences of various sizes and various constituencies
What we offer: 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.
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