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The Portfolio Risk Head for UK CCB is responsible for providing 2nd Line of Defence effective challenge, approval and risk oversight of the Commercial Banking business in UK. This critical Credit Risk role manages a team of credit risk professionals responsible for analysing the creditworthiness of UK mid-market companies, assigning risk ratings, recommending, or approving credit extensions or withdrawals, and providing ongoing monitoring of credit exposures. Individuals within this role maintain a balance between risk and return, ensuring that credit policies are appropriate, and perform regular in-depth reviews of the credit portfolio. This role manages and mitigates potential credit losses, safeguarding the company's financial stability and supporting sustainable business growth.
Job Responsibility:
Lead key risk reviews, ensuring compliance and mitigating threats
Critically evaluate assigned portfolios, identifying and assessing emerging risks
Drive continuous improvement of credit risk processes and standards for assigned entities
Oversee and validate corrective action plans for identified issues, addressing concerns from control functions
Review, challenge and provide approval for the assigned portfolio credits and/or recommendations to more senior credit officers as needed
Provide independent assessments on the accuracy and appropriateness of risk ratings and classifications for assigned portfolios
Assist Senior Risk Heads in orchestrating regional and/or global tasks using innovative techniques and methodologies
Develop strategic plans to enhance the efficiency and effectiveness of the organization
Collaborate with other credit risk families to support the best outcome for Citi, sharing and implementing best practices
Manage relationships and expectations of external regulators, Regulatory reporting, Risk, Finance, and Accounting Policy
Partner with the Risk organization to refine the process of defining, extracting, and utilizing data
Make informed business decisions, considering risk assessment, the firm's reputation, and compliance with laws, rules, and regulations
Enforce compliance with applicable laws, rules, and regulations, upholding policy and ethical business practices
Manage and report control issues with full transparency, using advanced judgment and innovative techniques
Energizes the team by communicating a compelling vision of the future
helps them identify opportunities for change and improvement during uncertainty
Inspires the team to constantly improve, own mistakes, and proactively share learnings with other teams
demonstrates deep curiosity to help the team learn and improve
Creates a team environment in which members are proactively invited to speak up, seek out, and debate alternative views
role-models agility to change course when presented with new information
Acts as a catalyst for change by identifying and championing ideas that benefit the organization
supports the team to safely experiment
Communicates the context behind key organizational decisions
puts the enterprise above the team, and helps the team make decisions that benefit the greater good
Creates focus by communicating and aligning resources to the most critical organizational priorities
proactively reduces potential distractions for the team
Leads teams to strengthen controls that support client satisfaction and operational effectiveness
creates a culture in which all team members take accountability for managing risk
Role-models, educates, and holds the team accountable for doing the right thing for clients and Citi, in all situations, even when difficult
Holds self and team accountable for establishing partnerships that break down boundaries and engage cross-functional partners early and often
creates opportunities for enhanced collaboration across business and functions
Reinforces opportunities for team members to support clients and communities
educates teams on the challenges faced by Citi’s constituents
Actively monitors and listens respectfully to how teams are feeling, particularly when facing challenges
assumes best intent and responds with empathy
Requirements:
Extensive knowledge and accreditation as Senior Credit Office or equivalent from other comparable institutions along with solid managerial experience
Requires a broad and comprehensive understanding of the credit risk field, recognized as a subject matter expert
Demonstrated thought leadership, developing new techniques, methodologies, and approaches for credit risk management
Proven track record of innovation and groundbreaking developments in credit risk assessment and mitigation
Expertise in evaluating complex issues with substantial impact, utilizing in-depth quantitative and qualitative analysis
Ability to drive change within and beyond the organization, shaping operational strategies and influencing industry standards
Exceptional communication skills, including clear articulation, effective presentation of complex information, and empathetic response
Advanced skills in mediating disputes and advocating for organizational interests with high-level stakeholders
Capability to challenge established norms and pioneer new approaches in complex domains
Proven ability to guide decision-making processes and implement technical solutions effectively