Job Description

We are hiring for a role in our Financial Institutions and Counterparty Credit team within Wholesale Credit Risk at Citi. This team is responsible for managing our credit exposures worldwide and works closely with regional and industry specialists. We handle a portfolio that includes banks, broker/dealers, insurance companies, funds, hedge funds, and other types of counterparties. Our products and services include loans, derivatives, trade finance, clearing and settlement, cash and securities services.

Please note that this role is Certified, meaning it is subject to the FCA and PRA Certification Regime. This is part of the Individual Accountability Regime, which aims to ensure that employees in certain roles categorized as specified significant harm functions are fit and proper for their role. We will assess your fitness and propriety for this role through interviews, self-disclosures, checks on criminal records and references, credit checks, and other background screening checks.

Job Purpose:

As the Head of Financial Institutions and Counterparty Credit, your role is to implement the vision and strategy for our team globally. You will collaborate with other key partners in the first line of defense, such as the Institutional Clients Group, Citi Global Wealth, and Institutional Credit Management, to oversee and challenge our credit activities related to Financial Institutions. You will also ensure that our portfolio remains within the risk appetite of our overall business strategy. Additionally, you will oversee and govern Counterparty Credit Risk through the implementation of risk metrics, exposure controls, and reporting, focusing on transactions and counterparties that give rise to Credit Risk.

Key Responsibilities:

• Lead and manage a global division of senior risk professionals overseeing Financial Institutions and counterparty credit risk management
• Provide oversight, review, and challenge for lending and counterparty credit activities
• Represent the team in senior governance forums
• Establish policies, procedures, and controls for compliance with regulations
• Ensure risk is appropriately identified, measured, and managed across the portfolio
• Provide pre-trade advisory and real-time reporting for market events
• Monitor and manage CCR exposure
• Oversee responses to ad hoc requests from management, auditors, and regulators
• Manage and develop the team

Knowledge/Experience:

• Extensive experience in financial institution and counterparty credit risk
• Strong capital markets product knowledge and analytical experience
• Level 1 Senior Credit Officer qualification preferred
• Strong partnering skills and fundamental credit and portfolio management skills
• Proficiency in legal, regulatory, and compliance matters

Skills:

• Excellent written and verbal communication skills
• Superior analytical and quantitative skills
• Ability to distill key risks from complex propositions
• Strong people and process management skills
• Demonstrated leadership and change management skills
• Ability to lead meetings, listen to different views, provide appropriate challenge, and make decisions

Competencies:

• Demonstrates integrity and sound independent risk judgment
• Operates to the highest ethical standard
• Able to work in a matrix environment
• Self-starter and committed to diversity and inclusion

Qualifications:

• Degree or equivalent education, MBA preferred
• Level 1 Senior Credit Officer qualification

Citi is an equal opportunity employer, and we encourage applicants from all backgrounds to apply. We value diversity and inclusion, and we will provide reasonable accommodations for applicants with disabilities during the application process. Please visit our Accessibility at Citi page for more information.

If you are interested in this role, please respond to this email with your updated resume. Thank you for considering this opportunity!

Bullet Points: - Hiring for a role in Financial Institutions and Counterparty Credit team at Citi - Responsible for managing credit exposures globally - Portfolio includes banks, broker/dealers, insurance companies, funds, hedge funds, and others - Certified role, subject to FCA and PRA Certification Regime - Assessing fitness and propriety through interviews, checks, and screening checks - Implementing vision and strategy for the team globally - Collaborating with key partners in the first line of defense - Overseeing and challenging credit activities related to Financial Institutions - Ensuring portfolio remains within risk appetite of overall business strategy - Overseeing and governing Counterparty Credit Risk - Leading and managing a global team of senior risk professionals - Providing oversight, review, and challenge for lending and counterparty credit activities - Representing the team in senior governance forums - Establishing policies, procedures, and controls for compliance with regulations - Ensuring risk is appropriately identified, measured, and managed - Providing pre-trade advisory and real-time reporting for market events - Monitoring and managing CCR exposure - Overseeing responses to ad hoc requests from management, auditors, and regulators - Managing and developing the team - Extensive experience in financial institution and counterparty credit risk - Strong capital markets product knowledge and analytical experience - Level 1 Senior Credit Officer qualification preferred - Strong partnering skills and fundamental credit and portfolio management skills - Proficiency in legal, regulatory, and compliance matters - Excellent written and verbal communication skills - Superior analytical and quantitative skills - Ability to distill key risks from complex propositions - Strong people and process management skills - Demonstrated leadership and change management skills - Ability to lead meetings, listen to different views, provide appropriate challenge, and make decisions - Demonstrates integrity and sound independent risk judgment - Operates to the highest ethical standard - Able to work in a matrix environment - Self-starter and committed to diversity and inclusion - Degree or equivalent education, MBA preferred - Level 1 Senior Credit Officer qualification required - Citi is an equal opportunity and affirmative action employer - Reasonable accommodations available for applicants with disabilities during the application process