Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a first line of defense business line, to house and consistently manage credit risk activities performed for Citi’s institutional clients. ICM’s objective is to provide integrated end-to-end credit underwriting, identification, measurement, management, and monitoring for wholesale credit across the enterprise. Within ICM, the Credit Underwriting function (“ICM UW” or “UW”) provides credit analysis, underwriting, and first line of defense credit approval for periodic / material transaction reviews, and any necessary subsequent credit monitoring across all institutional business including Corporate Banking, Services, and Markets relationships.
Underwriters manage a team of analysts with a portfolio of relationships across Australia and New Zealand, being responsible for the continuous monitoring of that portfolio and the team. That includes the production of annual reviews, quarterly reviews, and the support of ad-hoc transactions and portfolio & industry reviews and stress testing, in partnership with Corporate Banking and Risk. This role reports to ICM UW CRMPS Japan and ANZ Head.
Key Responsibilities :
- Accountability for ensuring risk analysis of applicable portfolio is consistent with industry leading practices and conforms to all internal credit procedures / policies, and all related regulatory expectations
- Continuous engagement with applicable senior stakeholders in the region to understand any concerns regarding execution of risk analysis and / or emerging risks which will need to be addressed by the team
- Execute Region Head plans, strategy, and objectives for ICM UW
- Coordinate to address and escalate emerging risk concerns and to share best practices
- Ensure ongoing and timely feedback and coaching of Team to sustain a strong credit culture and an unwavering commitment to excellence in analysis and execution
- Partnership with applicable regional and industry stakeholders in in the design of credit assessment and monitoring standards for applicable portfolios
- Attract, develop, and retain top quality staff including as regards active engagement with regional on-campus recruiting efforts to ensure a robust pipeline of talent
- Actively participate in Training opportunities including instructor led courses; participate as guest speakers as applicable
- Support Head of ICM UW on internal projects and initiatives
- Support ICM UW Voice of the Employee (VOE) initiatives
- Travel (less than 10%)
Skills / Competencies :
Risk & Credit Underwriting :Satisfactory completion of Credit Training, Senior Credit Officer Training or equivalentSuperior risk assessment skills, including problem recognition, defining, and structuring of solutions to credit related issues; strong technical skillsDemonstrated integrity, independence, leadership, judgment, and ability to balance risk and rewardFully conversant in credit policy and risk principles and perceived as a respected carrier of risk cultureAbility to recognize and address major types of risk, including market, operational and cross borderFully conversant in risk and regulatory capital issues as they relate to transactions, portfolios, and businessesLeadership :Recognized as a skillful manager who effectively delegates, provides feedback and coaches the team proactivelyAssesses and identifies top talent to add to the team, and actively seeks talent with diverse backgrounds and experiencesProactively engages team, partners, and seniors to collaborate across the organization and takes a holistic client-centric approachCreates alignment and transparency across the team by openly communicating both team and individual goals and development areas, connects team purpose to overall ICM UW strategyDemonstrates, implements, and adheres to the control environment including Quality Assurance and Quality Control. Identifies gaps and proactively raises issues to remediate operational riskProven culture carrierInterpersonal :Highly Effective interpersonal skills, with the ability to build relationships and exert influence with and without direct authority with Senior Levels of ManagementSolid organizational skills with ability and willingness to work under pressure and manages time and priorities effectivelyExceptional written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniorityTechnical :Advanced Microsoft Office (Word, Excel, and PowerPoint) skillsExceptional experience with the internal Policies, Standards, Procedures, Templates and with financial modelingQualifications :
Bachelor’s / University degree in Finance / Accounting or any other related subject, Master’s degree preferredFinancial Services experience including 10+ years of credit experience in Banking or Credit Risk ManagemenJob Family Group : Risk Management
Job Family : Credit Risk
Time Type : Full time
Most Relevant Skills
Analytical Thinking, Constructive Debate, Escalation Management, Financial Analysis, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.
Other Relevant Skills
For complementary skills, please see above and / or contact the recruiter.