Job Information
Citigroup Citi Commercial Bank – Credit Monitoring Officer – Vice President in Mumbai, India
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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, Citi Commercial Bank – Credit Monitoring Officer - Hybrid (Internal Job Title: Credit 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 incumbent will be part of India Citi Commercial Bank (CCB) Independent Risk team with Credit Monitoring function, driving portfolio monitoring and maintaining a robust Credit Monitoring framework. The team is part of Citi Global Functions and partners with CCB Business Coverage and Credit Lending Management teams in their servicing of the Emerging and Mid-Market Corporate clients. CCB specializes in providing working capital finance, trade finance, treasury solutions and cash management services.
In this role, you’re expected to:
Work as Credit Monitoring Officer for Commercial Banking business encompassing proactive credit risk monitoring and other associated activities
Work closely with the Risk Heads and remaining accountable for critical updates and other management reports/ Management Information System (MIS) Report, assisting the Risk function with necessary inputs for enabling efficient risk management
Build and maintain a robust Credit Monitoring Framework with a view to ensuring proactive and effective monitoring and regulatory reporting, encompassing interplay of both credit risk managed within CCB and fraud risk managed by a separate unit
Actively provide policy inputs to the segmental and overall Risk Head(s) for ensuring adequate checks and balances in the policy and process notes
Decide and drive necessary portfolio reviews and stress tests towards credit risk monitoring and impact assessment of external/ macro-economic events
Participate in industry studies under the Global Industry initiatives
Lead the automation or tech-enablement efforts in respect of the overall Credit Monitoring framework
Exercise sound judgment while decisioning on various accounts, thereby ensuring appropriate classification of facilities and account strategy based on early warning signs and effective trigger management
Liaise with internal and external auditors and ensuring no material audit observations
Maintain a strong oversight on the activities outsourced to captive or external vendors
Keep abreast of regulatory developments, business trends and market sentiments.
- 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:
Professional degree holder with minimum 6-10 years of credit experience in wholesale lending.
Possesses strong analytical, interpersonal and organizational skills with attention to details
Sound understanding of cash, trade and derivative products. Good understanding of counterparty risk, market risk and its impact on credit decision.
Excellent written and verbal communication skills are essential
Successful record in working and managing within matrix organizations across segments
Stays current with the dynamic demands of the environment and clients
Education:
Master of Business Administration (MBA); Chartered Accountant or Chartered Financial Analyst (CFA) accreditation
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
Job Family Group:
Risk Management
Job Family:
Credit Decisions
Time Type:
Full time
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Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.