Credit Review Senior Officer, Citi

Citi

Location:
United States, Irving, Texas

Category:
Finance

Contract Type:
Employment contract

Salary:

173000.00 - 194512.50 USD / Year

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Job Description:

Citibank, N.A. seeks a Credit Review Senior Officer I to evaluate credit risk processes and ensure regulatory compliance in their Irving, Texas location. Responsibilities include assessing enterprise credit frameworks, CECL methodology, and conducting portfolio reviews.

Job Responsibility:

Evaluate the effectiveness and adherence to regulatory expectations of key enterprise-level frameworks such as concentration risk appetite, and their application across Citi, CBNA, Business Segments, and Material Legal Entities
Assess the quality and adequacy of adjustments to the Current Expected Credit Losses (CECL) methodology for estimating allowances for credit losses
Review Entities through quarterly monitoring and periodic Reviews
Assess the quality of the portfolio, including identification and evaluation of financial and non-financial material and emerging risks
Assess the effectiveness of credit risk processes and standards of assigned Review Entities to promote leading practices and identify opportunities for improvement
Prepare Credit Assessment Documents in accordance with and at the quality standards required by the FCR Manual and Review Guides
Accountable for the quality and consistency of work products that include Credit Assessment Documents, Sample Rationale Documents, and Review Reports created for the assigned Review Entities
Evaluate the appropriateness of Corrective Action Plans (CAPs) resulting from Reviews or BM, and subsequent validation of the effectiveness of those CAPs after implementation.

Requirements:

Bachelor’s degree, or foreign equivalent, in Risk Management, Finance, Business Administration, or a related field, and ten (10) years of experience in the job offered, or in a related occupation in the financial services industry
Using analytical components of model development, implementation, including data collection, data integrity checks, segmentation analysis, variable transformation, variable selection, model estimation, sensitivity testing, back-testing, out-of-time testing, model documentation, and model production implementation
Performing critical and effective review and challenge on model overlays, including overall assessment of adjustment quantification methodologies, comprehensive evaluation of overlay justification, identification and assessment of components not well captured by models
Performing forecast analysis of macroeconomic scenarios for enterprise risk processes including Risk Appetite, Stress Testing, and Allowance of Credit Loss estimation under CECL methodology, reviewing the consistency of results and evaluating adherence to policies and procedures
Developing root cause analysis on Review findings/issues towards the implementation of effective CAPs that contribute to the resolution of issues found
Ensuring firm-wide risks exposures are managed through effective review, constructive challenge, and meaningful discussion with business leaders emphasizing transparent decision-making in alignment with the established risk management framework and governance
Performing assessment on data and reporting structure adequacy utilized through Enterprise-wide risk management life cycle activities to ensure compliance with policies and procedures with adherence to regulatory expectations.

What we offer:

medical, dental & vision coverage
401(k)
life, accident & disability insurance
wellness programs
paid time off packages including vacation, sick leave, and paid holidays
discretionary and formulaic incentive and retention awards.

Additional Information:

Job Posted:
May 02, 2025

Expiration:
July 17, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Credit Review Senior Officer

Citi

Location:United States, Irving, Texas

Category:Finance

Contract Type:Employment contract