Independent Risk - Credit Approver - Vice President

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re 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.  You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Shape your Career with Citi

Citi’s 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.

We’re currently looking for a high caliber professional to join our team as Vice President, Independent Risk – Credit Approver - Hybrid (Internal Job Title: Risk Operations Officer - C13) based in Mumbai, India. Being part of our team means that we’ll 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:

• We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s 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.
• We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

The Credit Portfolio Officer mid-level position is responsible for leading activities including credit review, credit approvals and monitoring the portfolio to identify credit migration in coordination with the Risk Management team. The overall objective of this role is to manage Citi's portfolio exposure to client and counterparties.

In this role, you’re expected to:

• Providing independent review and approval of extensions of credit to the allocated portfolio spread across diverse industries.
• Exercise independent credit underwriting decisions – as per delegated credit authority.
• Participate in Audits / Reviews – internal, regulatory, etc. Will work with other stakeholders in maintaining data quality/correct reporting.
• Lead key business projects and the implementation of initiatives related to policy governance and manage policy exceptions/approvals and entries.
• Conduct gap analysis and remediation work of any misalignments for policy changes.
• Provide regular feedback on all initiatives, tracking, reviewing and reporting emerging trends and opportunities to senior management.
• Review and approval of criticized portfolio; formulation of account strategies and supporting remedial activities.
• Have an understanding of end-to-end business processes so as to highlight the need to have additional controls or need to simplify processes if any.
• Monitor the trending of customers’ business – this will include doing independent research on the industry segments, collating feedback from trade and industry leads, meetings with customers, etc.
• Assist in implementing the Early Warning process so that credit related trends are identified early-on.
• 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, you’d ideally have the following skills and exposure:

Qualifications and Experience:

• The candidate should have around 7-12 years of credit experience across Small and Medium Enterprises (SME) and/ or Mid-Market Enterprises (MME)/portfolio management.
• Experience in handling early warning/ remedial portfolio will be beneficial.
• Consistently demonstrate clear and concise written and verbal communication.
• Demonstrated ability to view data holistically and remain detail oriented to synthesize, prioritize and deliver results with urgency.
• Demonstrated interpersonal, organizational, analytical, presentation, facilitation, negotiation and strategic skills.
• Proven ability to obtain support and buy-in across a wide range of internal and external audience.

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, you’ll 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

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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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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