Credit Risk Officer, Citi

Citi

Location:
Australia, Sydney

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Citi is hiring a Credit Risk Officer in Sydney, Australia to oversee financial institutions and counterparty credit portfolios within the FIG&CCR framework. Responsibilities include credit analysis, risk assessment, portfolio monitoring, and regulatory compliance.

Job Responsibility:

support the risk coverage of the Financial Institutions and Counterparty Credit (FIG&CCR) Portfolio for Australia & New Zealand, including by taking direct responsibilities for some counterparties and sub-portfolios, reporting to the Australia/New Zealand Cluster Head for FIG&CCR
be responsible for the review and challenge of financial analysis, risk assessment and credit structure recommendation for cash flow lending products and counterparty credit limits
make recommendations or provide approvals to mitigate Counterparty Credit Risk including collateral management, netting agreements, and credit derivatives
facilitate negotiation, review and challenge and approval of exceptions relating to master trading agreements, collateral agreements, and other legal documents to ensure proper risk mitigation
supplement analysis with research and evaluations from a wide variety of sources to develop an assessment of client, competitor/industry risks and trends for senior management
monitor the assigned credit portfolio and complete periodic reviews, maintaining a thorough understanding of the content and aggregate risks within the portfolio, trends and other key statistics
monitor and manage exceptions on counterparty exposure limits and concentrations
support the Australia/New Zealand Cluster Head and the Australia Chief Risk Officer (CRO) meeting regulatory expectations, new regulation implementation and handling queries from local regulators
appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets

Requirements:

5 to 8+ years of credit and analytical experience required
proven track record of successfully overseeing financial institutions risk portfolios in the FIG&CCR space
strong product knowledge and understanding, e.g. swaps, futures, and repurchase agreements, as well as the agreements that govern them such as International Swaps and Derivatives Association (ISDA)/Credit Support Annex (CSA) and Global Master Repurchase Agreement (GMRA)
ability to operate in a fast-paced environment, characterized by a high volume of time-sensitive approvals, which requires proactivity and strong prioritization skills
excellent communication and diplomacy skills required to negotiate internally, often at a senior level and occasionally with clients
effective verbal and written communication skills
strategic professional who closely follows latest trends in own field and adapts them for application within role
Bachelor’s/University degree, Master’s degree preferred

What we offer:

paid parental leave
programs that help employees balance their work and life
generous paid time off packages

Additional Information:

Job Posted:
May 22, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Credit Risk Officer