This list contains only the countries for which job offers have been published in the selected language (e.g., in the French version, only job offers written in French are displayed, and in the English version, only those in English).
Counterparty Credit Risk Portfolio Manager role is a senior risk manager role in Counterparty Credit Risk (CCR) function in Citigroup. CCR function includes portfolio management of CCR exposures across all Credit portfolios, oversight of CCR frameworks, pre-trade advisory on complex derivatives and addressing any remediation plans adhering to the best practices and regulatory requirements.
Job Responsibility:
Help implement and operate the 2nd Line Counterparty Credit Risk and controls framework for Citi
Direct the execution strategy for Pre-Settlement Exposure (PSE), Net Stress Exposure (NSE) and various CCR measurements standards across Citi APAC businesses
Ensure CCR frameworks, practices and policies applied to all market products
Actively monitor CCR portfolio across business, risk stripes and legal vehicles
Focus on early warning and proactive problem recognition based on markets indicators and portfolio concentrations
Help 2nd line of defense Credit officers in pre-trade review, challenge, and what-if analysis for new complex derivatives activity
Support CCR risk management governance by preparing and presenting updates on various CCR pillars
Support regulatory interactions on the CCR and manage increasing demands of regulatory oversight on CCR
Appropriately assess risk when business decisions are made
Requirements:
12+ years of experience in a large Financial Institution in Counterparty Credit Risk
Strong understanding of Counterparty Credit Risk including Exposure and Margin frameworks/models, Stress testing, Wrong-Way Risk
Knowledge of Markets businesses and products across OTC, Prime Brokerage, Clearing and Security Financing /Repo
Strong technical expertise of complex derivative structures and understanding of associated first order/second order risks
Knowledge of Credit documentation and various Credit master agreements, legal terms related to netting/collateral/margin mechanics will be a plus
Broad understanding of current market and regulatory environment as applicable to Counterparty Credit Risk
Excellent organizational and communication skills (written and verbal)
Superior analytical and quantitative skills and be able to quickly distil transactions/business propositions to key risks
Ability to work collaboratively with a wide group of cross-functional stakeholders across levels
Demonstrated ability to lead meetings/calls, to listen to other points of view, provide appropriate challenge, influence partners
Regularly communicates and ensures key messages are cascaded throughout the broader teams
Demonstrates integrity and sound independent risk judgment and operates to the highest ethical standard
Ability to work comfortably in a matrix environment
Self-starter, motivated, aspirational
Educated to quantitative/finance master's degree standard or equivalent
What we offer:
Programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more
Programs to help manage your financial well-being and help plan for the future
Access to an array of learning and development resources
Programs that help employees balance their work and life, including generous paid time off packages