CEP Credit Risk Manager (Financial Institutions Risk Management)

  • Competitive
  • Dublin, Leinster, Ireland
  • Permanent, Full time
  • Citi
  • 24 Apr 19

CEP Credit Risk Manager (Financial Institutions Risk Management)

  • Primary Location: Ireland,Leinster,Dublin
  • Education: Bachelor's Degree
  • Job Function: Risk Management
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 18077656


Description

About Citi


Citi, a leading global bank, has approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Citi enables clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.

Citibank Europe plc (CEP) is the main EU banking entity for Citi in EMEA with a presence in 22 European countries. It covers several key business lines including Markets and Securities Services, Treasury and Trade Services, Corporate and Investment Banking, and Consumer, with revenues of approx. $2bn and total assets of $50 billion which are expected to grow further. CEP has been designated a significant institution by the ECB and is therefore expected to meet enhanced regulatory expectations especially with regard to risk management.

Job Background/Context


CEP Independent Risk Management, headquartered in Dublin, acts as the second line of defense for the holistic management of risk across all business lines and locations of CEP. 

Within Independent Risk Management, the CEP Credit Risk Team is responsible for the management of credit risk across all business lines and locations of Citibank Europe plc. 

Key Responsibilities
  • Provide oversight of all aspects of credit quality of the FI portfolio (Banks, Brokers, Asset Managers, Hedge Funds, FMIs etc.), including the approval process of individual credits and the formal review process of the portfolio as a whole.
  • Work with CEP Head of Credit Risk on specific projects, including portfolio reviews, updating of credit processes within the portfolio, presentations to senior management, adherence to Regulations and Guidelines, IFRS 9 etc. 
  • Execute the delivery of risk reports/commentary to the Board, Risk and other relevant Committees along with Regulators and Senior Management. 
  • Active involvement in ICAAP, Risk Appetite Statement, Pillar III Credit Disclosures and other ad-hoc regulatory or legal entity governance projects. 
  • Support for information requests from Central Bank of Ireland, European Central Bank, external auditors and Internal Audit.


Qualifications

  • Third level education preferred, although exceptional candidates who do not meet this criterion may be considered for the role provided they have the necessary skills and experience and an outstanding professional track record.


Experience and Skills
  • Several years of financial institutions credit or related experience. Good knowledge of derivatives, capital market and transaction banking products as well as ISDA/other trading agreements.
  • Strong analytical skills, attention to detail, and the ability to decompose transactions into the core risks while providing a holistic view.
  • Ability to multitask, good time management skills.
  • Very strong formal English language writing ability for documents and presentations.
  • Strong influencing skills. Ability to build effective professional working relationships across the firm.
  • Strong computer skills (MS Office, etc.)


What we offer


This is an exciting opportunity to join a growing risk management team within a global banking environment. The role will give the candidate exposure to engage with senior management in risk and across the business and gain deep insights into the Financial Institutions portfolio of an international bank. 

At Citi, we pride ourselves on our ability to offer employees a number of lifestyle benefits including an on-site restaurant, coffee dock and shop, a subsidized gym and subsidized social clubs and societies. 

Citi boasts a large diversity framework and network which encourages inclusion in the workforce as well as participation in a wide variety of initiatives and events. We also pride ourselves on our engagement with the local community from a Corporate Social Responsibility perspective.

Citi offers employees a competitive benefits package as well as extra additional perks such as corporate discounts and memberships.

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

Valuing Diversity: 

Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success. 

Citi is an Equal Opportunities Employer