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Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a first line of defense business line, to house and consistently manage credit risk activities performed for Citi’s institutional clients. ICM’s objective is to provide integrated end-to-end credit underwriting, identification, measurement, management, and monitoring for wholesale credit across the enterprise. Within ICM, the Credit Underwriting function (“ICM UW” or “UW”) provides credit analysis, underwriting, and first line of defense credit approval for periodic / material transaction reviews, and any necessary subsequent credit monitoring across all institutional business including Corporate Banking, Services, and Markets relationships. Underwriters manage a team of analysts with a portfolio of relationships across Australia and New Zealand, being responsible for the continuous monitoring of that portfolio and the team. That includes the production of annual reviews, quarterly reviews, and the support of ad-hoc transactions and portfolio & industry reviews and stress testing, in partnership with Corporate Banking and Risk. This role reports to ICM UW CRMPS Japan and ANZ Head.
Job Responsibility:
Accountability for ensuring risk analysis of applicable portfolio is consistent with industry leading practices and conforms to all internal credit procedures/policies
Continuous engagement with applicable senior stakeholders in the region
Execute Region Head plans, strategy, and objectives for ICM UW
Coordinate to address and escalate emerging risk concerns and to share best practices
Ensure ongoing and timely feedback and coaching of Team
Partnership with applicable regional and industry stakeholders in in the design of credit assessment and monitoring standards for applicable portfolios
Attract, develop, and retain top quality staff
Actively participate in Training opportunities
Support Head of ICM UW on internal projects and initiatives
Support ICM UW Voice of the Employee (VOE) initiatives
Travel (less than 10%)
Requirements:
Bachelor’s/University degree in Finance / Accounting or any other related subject
Master’s degree preferred
Financial Services experience including 10+ years of credit experience in Banking or Credit Risk Management
Satisfactory completion of Credit Training, Senior Credit Officer Training or equivalent
Superior risk assessment skills
Fully conversant in credit policy and risk principles
Fully conversant in risk and regulatory capital issues
Advanced Microsoft Office (Word, Excel, and PowerPoint) skills
Exceptional experience with the internal Policies, Standards, Procedures, Templates and with financial modeling
Exceptional written and verbal communication skills
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