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Citibank, N.A. seeks a Product Development Senior Group Manager for its Iselin, New Jersey location. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.
Job Responsibility:
Manage end-to-end product software development cycle for Citi’s Credit Risk Systems including development and implementation of risk, collateral, availment and document management tools and platforms
Identify and document business problems on Credit Risk Systems, especially risks related to compliance with regulatory requirements across global jurisdictions and the Citi Risk Rating and Underwriting policies
Define system solutions to the business problems through full impact analysis of Citi’s end-to-end lending process, data lineage, and upstream and downstream system interfaces
Perform cost benefit analysis, prioritize book of work with all businesses, risks and credit administrator senior stakeholders, and plan IT solution delivery with technology partners
Lead the team to proactively identify, prioritize and manage dependencies, risks, exceptions and issues throughout the IT projects
Support Wholesale Credit Risk to achieve the target state-of-build by providing in-depth subject matter expertise on current lending processes and data flows across multiple credit risk systems, lines of businesses and countries
Requirements:
Requires a Bachelor’s degree, or foreign equivalent, in Computer Science, Electronic Engineering, Electrical Engineering, or related field and 10 years of progressive, post-baccalaureate experience as a System Analyst, Product Developer, Applications Development Technical Lead Analyst, or related position involving credit risk management systems development for a global financial institution
Alternatively, employer will accept a Master’s degree in the stated fields and 8 years of the specified experience
Full span of experience must include: Data, process and compliance controls of Credit risk management systems development
Availment process management on temporary credit extension
Credit data source identification
Business and systems requirements analysis
and Project Management
At least 5 years of experience must include: AI solutions on loan contract and financial spreading
Country regulatory reporting, including CCAR
Collateral management for banking and trading books
and Regulatory reporting solutions development for multiple jurisdictions globally
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
discretionary and formulaic incentive and retention awards