Independent Risk Quality Assurance – Wholesale Credit Risk

Citi

Location:
United States, Irving ▼
Tampa

Category:
Banking

Contract Type:
Employment contract

Salary:

114720.00 - 172080.00 USD / Year

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Job Description:

The role is part of the Independent Risk Quality Assurance (IRQA-WCR) function within BIR, independently assessing the policies, standards, procedures, and controls relating to Wholesale Credit Risk management. Responsibilities include conducting Quality Assurance Reviews, providing objective feedback, mentoring, process improvement, and supporting the Global Head in initiatives and internal projects.

Job Responsibility:

Leading and/or executing routine and complex QARs, including support and implementation of the IRQA WCR Program components and synthesizing QAR results
Supporting Global Head of IRQA WCR and Function Heads in the execution and delivery of a robust IRQA Program
Supporting preparation, review and challenge of the QAR execution documents and templates
Providing ongoing mentoring, guidance and coaching to IRQA WCR staff and stakeholders as necessary
Supporting with the aim to ensure wholesale credit risks within Citi are effectively identified, measured, monitored, and controlled, consistent with the bank’s risk appetite and all policies and processes established within the risk governance framework.
Provide effective credible challenge during QARs to Accountable Executive(s) and Portfolio Leads of the in-scope portfolios, as regards to the quality and completeness of credit underwriting processes, to ensure that weaknesses in such processes are identified and escalated as appropriate
Provide review of executed test scripts (as checker) completed by the IRQA Officers (as maker) to ensure consistency of work and reasonableness of conclusions reached
Synthesizing and assisting in preparation of QA Reports to senior management, to objectively measure and communicate results of QA testing
Subsequent follow-up on corrective actions that were raised during QARs
Assisting in creation of, and providing feedback on, or updates to, new and existing IRQA assessment document templates and other templates used in the IRQA Program, including test scripts, and assisting IRQA Function Heads in the sampling process as necessary.
Supporting IRQA Function Head(s) in staying abreast of relevant changes to rules/regulations and other industry news including regulatory findings.
Providing ongoing guidance and coaching to IRQA staff, IRQA Guests and to staff of portfolios being subjected to the QA process
Supporting the Global Head of IRQA on internal projects and initiatives
Supporting IRQA Voice of the Employee (VOE) initiatives
Travel (less than 10%)

Requirements:

Bachelor’s degree in finance/accounting, or any other related subject
Master’s degree preferred
10+ years in banking, wholesale credit risk management, internal audit, portfolio management, loan review or quality assurance review function at an investment or large commercial bank.
Understanding of Wholesale Credit Processes, and organizational awareness of covered portfolios, and processes
practical experience in wholesale lending and/or counterparty credit risk would be an added advantage
Understanding of risk management and controls frameworks related to corporate/counterparty credit risk management or another financial risk discipline, past experience in problem credit assessment and risk mitigation is a plus
Understanding of the markets and lending wholesale credit risk covered processes, to evaluate findings within the Quality Assurance process, determine materiality, and partnering with in-line makers and checkers for ongoing improvement, problem detection, and sustainable remediation
Good background on end-to-end credit risk management processes and controls for large corporate and finance industries to properly evaluate processes, controls design and quality breaks within the quality assurance function
Understanding of QA policies and procedures with the ability to execute change seamlessly.
Strong awareness and adherence to the control environment including Quality Assurance and Quality Control.
Strong interpersonal skills, with the ability to build relationships and exert influence with and without direct authority
Good organizational skills with ability and willingness to work under pressure and manages time and priorities effectively
Clear written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority
Intermediate Microsoft Office (Word, Excel, and PowerPoint) skills

Nice to have:

Practical experience in wholesale lending and/or counterparty credit risk
past experience in problem credit assessment and risk mitigation

What we offer:

Medical, dental & vision coverage
401(k)
Life, accident, and disability insurance
Wellness programs
Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Additional Information:

Job Posted:
August 22, 2025

Expiration:
August 28, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Independent Risk Quality Assurance – Wholesale Credit Risk – Senior Officer