Institutional Credit Management (ICM) works closely with our front line businesses to serve as a critical component of our First Line of defense for wholesale and counterparty credit risk management and also with our Independent Risk partners to ensure best-in-class risk and controls, as well as client responsiveness. Key responsibilities include portfolio analysis, documentation, risk identification, management, monitoring, administration, and stress testing.
The Credit Risk Manager will be part of the global underwriting function, spanning various products including subscription call facilities, Fund Financing, FX, Derivatives, Prime Brokerage, and structured lending. Candidate should also have experience managing other alternative managers like Hedge Funds.
Key Responsibilities:
Evaluating transactions risk across the business covering full range of products
Role demands excellence in analysis, underwriting, monitoring, and drives global consistency across regions
Involvement in underwriting and supporting a portfolio of complex products
Strong knowledge of Derivatives and structured lending
Facilitate relationships with key clients in Banking and Risk
Client Relationships / Business Partnership:
Proven ability to understand nuances of local markets, local regulation, and the capabilities and practices of competitors
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
Knowledge, skills and experience required:
Ability to understand capital markets products and complex financing and product structure
Risk/risk-related counterparty credit work experience in banking/financial institutions with expertise in the alternative investment counterparties
Demonstrates strong ethics and integrity
Dynamic, flexible, and with strong communication skills
Can make decisions under pressure and short timeline
Excellent verbal & written communication skills. Active listening skills.
Excellent presentation skills - adept at presenting effectively to audiences of various sizes and various constituencies.
Qualifications:
Degree in Finance or Accounting or higher degree in Business (MBA), or any other related subject
An MBA, CPA, CFA preferred, and formal credit training is a plus
Financial Services experience including 7+ years of credit experience in Banking, Trading, Structuring or Credit Risk Management
Time Type: Full time ------------------------------------------------------
Primary Location: New York New York United States ------------------------------------------------------
Primary Location Full Time Salary Range: $129,840.00 - $194,760.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire. ------------------------------------------------------
Anticipated Posting Close Date: Apr 10, 2024 ------------------------------------------------------
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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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