Wealth Credit Management - Portfolio Strategy and Governance Officer Job at Citi, New York, NY

di9NazJ0Rkd4RDF3cGJvalF4eUM4V3dV
  • Citi
  • New York, NY

Job Description

Citi Global Wealth (CGW) is a Division of Citi focused on serving the needs of clients across the entire wealth spectrum. It has been created by combining the Wealth Management businesses across Citi Global Consumer Bank and Citi Private Bank. It serves over 500,000 clients through its global footprint in Asia, EMEA, Mexico, and North America.


Citi Global Wealth delivers a wide range of products and services covering capital markets, managed investments, portfolio management, trust and estate planning, investment finance and banking. By building on the strengths and capabilities across Citi, we intend to transform the way we serve clients across the wealth spectrum, delivering the full range of high tech and high touch capabilities Citi can offer, and ultimately help them achieve their goals.


Citi Global Wealth propositions are delivered via tailored offerings across the Citigold, Citi Private Client, and Citi Private Bank brands.



Job Background/Context:


The lending business of CGW offers aircraft finance, art-backed finance, law firm finance, commercial and residential real estate finance, margin finance, and tailored lending solutions to target market clients of the Private Bank.


Wealth Credit Management (WCM) is a critical component of the first line of defense for credit risk management. Key responsibilities of the group include credit analysis, documentation, risk identification, exposure monitoring and associated administration associated with Citi Global Wealth lending activities.


Within WCM, the Portfolio Strategy and Governance group is focused on the strategic business oversight of the portfolio management processes globally. This includes (i) developing best in class portfolio analytics, (ii) coordinating the global portfolio management framework to ensure standardization, timely identification of areas of credit concern and remedial actions where required, (iii) establishing portfolio and product limits, (iv) leading stress testing in alignment with Enterprise Risk Management requirements.



Key Responsibilities:
  • Develop and enhance the credit risk analytical framework to support portfolio management activities related to CGW's credit portfolio.
  • Build product expertise across the credit offerings including CRE, structured lending (including illiquid collateral), aircraft, art and law firm finance.
  • Support the development and ongoing review of portfolio and product levels limits.
  • Assist in the build-out of the portfolio risk life-cycle, i.e. risk taxonomy, identify credit trends/emerging risks to calibrate risk appetite, and translate into portfolio/product limits.
  • Play a lead role in implementing portfolio level analytics, business-led stress testing, and an Early Warning indicators (EWI) framework.
  • Partner with the CGW Independent Risk function and with portfolio management teams in Institutional Credit Management (ICM) to ensure consistency of processes across the firm.
  • Help determine and implement enhanced process and risk infrastructure improvements, and partner with technology teams as required.
  • Assist with other Senior Management needs, including data aggregation and presentations.
Skills/Competencies:
  • 6+ years of risk experience
  • BS or equivalent degree in a quantitative or financial discipline
  • Strong analytical skills and attention to detail
  • Effective written and verbal communication skills
  • Self-starter, with ability to work well under pressure.
  • Ability to collaborate and build partnerships
  • Wholesale credit risk or Wealth Management credit experience a strong plus.
-------------------------------------------------



Job Family Group:
Private Client Product Services
-------------------------------------------------



Job Family:
IF Lending Generalist
------------------------------------------------------



Time Type:
Full time
------------------------------------------------------



Primary Location:
New York New York United States
------------------------------------------------------



Primary Location Salary Range:
$95,040.00 - $316,920.00
------------------------------------------------------


Citi is an equal opportunity and affirmative action employer.


Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.


Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi .

Job Tags

Full time,

Similar Jobs

American Airlines

Manager, Airport Customer Operations Job at American Airlines

 ...the Hubs and Gateways Team, within the Customer Experience Division. Responsible for...  ...expenses ~ Oversees day to day customer service operations ~ Solicits ideas and/or feedback...  ...airline supervisory experience 3 years' airport operations experience Preferred... 

Spin Cycle Coin Laundry of Montgomery

Laundry Attendant Job at Spin Cycle Coin Laundry of Montgomery

 ...Spin Cycle Laundromat seeks qualified laundry attendants position. INTERVIEW LOCATION: at 6900 Montgomery Blvd. NE. 87109. Pay rate: $15/hr to start. Key Requirements: Must be 18 years or older. Must be able to lift 20 pounds on a consistent basis. Experience... 

Curtis Media Group

News and Content Anchor Job at Curtis Media Group

 ...News/Content Anchor WPTF AM680, Raleigh, NC Full Time Job brief We are looking for an enthusiastic news/content anchor to join our team and participate in the creative cycle of news and information broadcast. As a news/content anchor, you will work closely... 

FullSteam

Supply Chain Transportation Supervisor Job at FullSteam

 ...Now Hiring Supply Chain Transportation Supervisor in Stockton, CA. Join our team today! Shift: TBD Pay: $66,560K Position: Temp to Hire Benefits: Medical, Dental, Merit Pay Job Purpose: Primary function of the job is to provide day-to-day supervision and... 

Principle Choice Solutions LLC

Financial Analyst Job at Principle Choice Solutions LLC

 ...Analyst POSITION PURPOSE We are seeking a highly motivated entry-level Financial Analyst, to join our dynamic team. The successful...  ...and support. KNOWLEDGE & EXPERIENCE Bachelors degree in Finance, Accounting, Business Administration, or a related field. A...