Wealth Credit Risk 2LOD Officer, Vice President (Hybrid)
Citi
Mumbai, Maharashtra, India
Full-Time
Competitive
HybridExecutive
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 Wealth Credit Risk 2LOD Officer, Vice President (Hybrid) (Internal Job Title): Wealth Credit Risk 2LOD Officerbased 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:
The Wealth Credit Risk role is focused on analyzing the creditworthiness of Wealth Clients (i.e. CPB Target market Individuals and Wealth Holding Vehicles), assigning risk ratings, recommending credit extensions or withdrawals, and providing ongoing monitoring of credit exposures. This role also includes providing an end to end holistic of review, challenge and recommendation activities for Governance, Regulatory and Portfolio management.
In this role, you’re expected to :
Risk assessment including evaluation of credit and financial performance across Wealth Product offerings (such as Margin loan, Derivative Products, Various Structured Lending Products) are preferred.
Understand applicable credit policies, local regulations and the requisite impact of those governance items
Establish and leverage cross-functional partnerships and network with key internal and external constituencies
Prepare risk management presentations for senior management that include analytics on portfolio performance and areas of potential risk and/or opportunity when needed
Has the ability to operate with a limited level of direct supervision and escalate issues to relevant stakeholders, with a materiality mindset / recommendation (if any).
Can exercise independence of judgement and autonomy, demonstrate proactive approach to make things progress.
Acts as SME to senior stakeholders and /or other team members.
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 :
8-10 years of relevant experience
Comprehensive understanding of Wealth Products, credit approval processes, risk assessment, creditworthiness evaluation, and risk forecasting.
In-depth knowledge of financial markets, banking operations, and the regulatory environment.
Proven experience in strategic planning, coordinating tasks, and overseeing projects related to credit approval and risk management.
Proficiency in analyzing complex data, prioritizing critical information, and making informed decisions.
Excellent interpersonal and communication skills, including the ability to articulate ideas clearly and adapt communication styles to suit different audiences.
Expertise in risk management, identifying potential risks, developing mitigation strategies, and ensuring adherence to banking regulations and compliance requirements.
Education:
Bachelor's/University degree
Master's degree preferred
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
------------------------------------------------------
------------------------------------------------------
------------------------------------------------------
------------------------------------------------------
------------------------------------------------------
------------------------------------------------------
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.