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Citi · 9 hours ago

Director, Senior Wealth Credit Risk Manager

Fort Lauderdale, FL

Full-time

Onsite

Director/Executive

$170K/yr - $300K/yr

15+ years exp

Citi is a global financial services company, and they are seeking a Senior Portfolio Credit Risk Manager to manage their Global Wealth credit portfolio. This role involves leading a team in analyzing credit risk, providing recommendations, and ensuring compliance with risk strategies.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Lead a team/organization responsible for risk management activities associated with Citi Global Wealth credit portfolio of the assigned geographic scope

Analyze credit risk and provide credit recommendations and guidance to senior risk managers

Apply understanding of inherent credit risks for a range of banking products including lending and capital markets transactions

Interact, review and provide credible challenge to first-line Bankers and Product Specialists on client credit requests; approving as applicable wholesale credit loan / counterparty transactions presented by the business, taking into consideration all aspects of credit decision including applicable policies, quantitative and qualitative factors

Analyze transactions and assist in structuring transactions to contain Citi’s credit risk within acceptable parameters

Produce credit and exposure analyses to ensure aggregate risk exposure to customers remains appropriate to credit standing

Manage regional and other key Risk reviews including assessment of quality of assigned portfolios, product programs including identification and evaluation of emerging risks, effectiveness of control processes and applicable performance metrics

Assess effectiveness of the credit risk processes, product programs and standards of assigned entities to promote leading practices and identify opportunities for improvements

Review and assess the appropriateness, completeness and usage trends of the credit risk components for the assigned portfolios

Provide autonomous assessment of the accuracy and appropriateness of risk ratings and classifications of the assigned portfolios

Assess business/risk staffing models to ensure appropriate resources for assigned entities

Ensures that corrective action plans for assigned businesses are appropriate, monitored and duly validated addressing concerns resulting from Fundamental Credit Risk reviews

Assist the Regional and/or Global Risk Head on regional and/or global tasks as deemed required

Infer the diverse opinions of Sr. Management and Regulators to effectively address all issues applicable to area of responsibility

Provide support on assigned tasks related to managing the relationships, expectations and deliverables for outside regulators, ARR, IA, Regulatory reporting, Risk, Finance and Accounting Policy

Partner with the applicable stakeholders to understand the source of the data and continue to improve the process of defining, extracting and utilizing the data applicable to perform the function

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 well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards

Manages team that deliver a consistent, goal oriented and sophisticated process of credible challenge to corresponding 1st line stakeholders

Identifies credit risks, processes, trends, emerging risks and training needs within the realm of credit underwriting and risk management

Performs other duties and functions as assigned

Qualification

Credit Risk ManagementQuantitative AnalysisPeople ManagementWealth Management ExperienceRisk DecisioningAnalytical SkillsCommunication SkillsNegotiation SkillsLeadership SkillsAdaptability

Required

15+ years prior experience in a credit-related, risk management or banking role, in Wealth or Wholesale Risk or business functions

Must have credit background and management experience

Excellent quantitative, analytical, written and verbal presentation skills

Ability to communicate and negotiate effectively

Exercises effective people management skills

Demonstrate advanced analytical skills and the ability to assimilate complex information

Excellent written and oral communication skills as well as presentation skills are required

Ability to operate independently deliver under tight timeframes, manage multiple complex and conflicting activities, adapt to change in a fast-paced environment

Strong background in Risk decisioning across Risk stripes, ability to network, manage conflict with the business, while maintaining a strong working relationship

Strong leadership footprint with prior experience on managing people

Formally credit trained at either Citi or at a reputable financial institution

Self-starter, able to work under time pressure and observe deadlines

Very adaptive to change and capable of operating under stress

Bachelor's degree/University degree or equivalent experience

Preferred

Master's degree preferred

Benefits

Medical, dental & vision coverage

401(k)

Life, accident, and disability insurance

Wellness programs

Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Company

Citi

Glassdoor3.8

Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Founded in 1812

San Antonio, Texas, USA

10001+ employees

https://www.citi.com

H1B Sponsorship

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2020 (901)