SVP, Credit Portfolio Group Manager (Loss Forecasting)
Company: Citi
Location: Hoboken
Posted on: January 20, 2023
Job Description:
The Regulatory Risk Group Manager is accountable for management
of complex/critical/large professional disciplinary areas. Leads
and directs a team of professionals. Requires a comprehensive
understanding of multiple areas within a function and how they
interact in order to achieve the objectives of the function.
Applies in-depth understanding of the business impact of technical
contributions. Strong commercial awareness is a necessity.
Generally accountable for delivery of a full range of services to
one or more businesses/ geographic regions. Excellent communication
skills required in order to negotiate internally, often at a senior
level. Some external communication may be necessary. Accountable
for the end results of an area. Exercises control over resources,
policy formulation and planning. Primarily affects a sub-function.
Involved in short- to medium-term planning of actions and resources
for own area. Full management responsibility of a team or multiple
teams, including management of people, budget and planning, to
include performance evaluation, compensation, hiring, disciplinary
actions and terminations and budget approval.
Responsibilities:
- Responsible for providing risk strategic analytics, information
management across Citibank products and reports to senior
management
- Analyzes new risk-related guidelines, best practice standards,
rules and regulations
- Lead and develop a team of risk analysts and manage
complex/critical professional disciplinary areas
- Lead risk financial forecasting efforts, including designing
and maintaining complex credit loss and financial risk forecasting
statistical models, conducting cost of credit analyses, and
monitoring product trends to identify key areas of
risk-opportunity
- Develop, test, optimize and implement credit/valuation
policies, taking into account of economic and market
trends/forecasts grounded in vigorous data analysis, economic
research and sound judgement
- Manage risk levels for the entire credit/valuation spectrum
across multiple products and retail formats consistent with program
financial goals
- Track and report on initiatives, performance results, emerging
trends and opportunities to senior management
- Establish cross-functional partnerships and networks in order
to support the execute cross-functional and business
initiatives
- Appropriately identify and assess risk, including
operational/compliance risk exposure, when business decisions are
made
- Demonstrate particular consideration for the firm's priorities
for operational/reputational risk management and safeguarding of
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
- 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
Qualifications:
- 10+ years relevant experience
- Should have excellent proficiency in Microsoft Office -
particularly Excel (metrics and data analysis), PowerPoint
(presentation decks), and Word (writing and editing procedural and
technical documentation)
- Broad understanding of classifiable and delinquency managed
credit and operational policies and procedures, including a command
of the collateral management process
- Thorough knowledge of financial and risk reporting as well as
experience from the business and/or technical area desired
- Familiarity with regulatory landscape facing global banks.
Ideally, have worked in banking industry or regulators
institutions
- Previous experience in managing Regulatory Inspections and
Audits within a financial services company
- Professional ability and presence to interact with Senior Bank,
Regulatory and Audit Management
- Project management knowledge and experience working with
diverse group of stakeholders to achieve milestones and
deadlines
- Proven relationship management skills with ability to deepen
relationships and build partnerships across the business, executive
leadership and key functional support areas like Government
Affairs, Communications, Legal, Compliance, Control, in-business
Risk and Independent Risk
- Project management experience with the proven ability to
develop project plans and drive a diverse group of stakeholders to
achieve milestones and deadlines
- Proven ability to manage multiple, concurrent large scale
projects from ideation through testing and implementation
- Required Licensing/Registration: Series 4, Series 7, Series 9,
Series 10, Series 24Series 63, Series 65 Education:
- Bachelor's/University degree, Master's degree preferred -
Job Family Group:
Risk Management -
Job Family:
Regulatory Risk
Time Type:
Full time
Primary Location:
Wilmington Delaware United States
Primary Location Salary Range:
$145,140.00 - $217,710.00
Citi is an equal opportunity and affirmative action employer.
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.
Citigroup Inc. and its subsidiaries ("Citi") invite all qualified
interested applicants to apply for career opportunities. 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 the " EEO is the Law " poster. View the EEO is the Law
Supplement .
View the EEO Policy Statement .
View the Pay Transparency Posting
-
Effective November 1, 2021, Citi requires that all successful
applicants for positions located in the United States or Puerto
Rico be fully vaccinated against COVID-19 as a condition of
employment and provide proof of such vaccination prior to
commencement of employment.
Keywords: Citi, Hoboken , SVP, Credit Portfolio Group Manager (Loss Forecasting), Executive , Hoboken, New Jersey
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