Credit Control Manager

  • Competitive
  • Belfast, Northern Ireland, United Kingdom
  • Permanent, Full time
  • Citi
  • 19 Apr 19

Credit Control Manager

  • Primary Location: United Kingdom,Northern Ireland,Belfast
  • Education: Bachelor's Degree
  • Job Function: Risk Management
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 18067162


Description

Job Purpose:

Part of the ICG/CPB Risk Management function - which is responsible for the control, oversight and credit transactions, across all products.  Private Bank clients are both Onshore and Offshore and the management of their facilities involves extensive interaction with the various Marketing Units, Investment Finance Specialist and Capital Markets trading desk


Job background/ context:

The CPB Investment Finance (IF) business offers a diverse range of products covering margin and securities backed loans, residential and commercial real estate lending, FX and Derivative trading facilities, Art and Aircraft loans as well as Private Equity Capital Call facilities.  The Collateral Monitoring Unit (part of ICG Risk) acts as a control and support function for the CPB IF lending organisation. The team are responsible for monitoring collateral positions versus exposures, issuance of margin calls, credit disbursement approvals and providing interim credit authorisation for securities trading and other client account activities.

Key Responsibilities:


The role requires good understanding and application of bank policies and procedures in performance of the following tasks:
• Direct supervision of a local team including distribution of work load, staff training and development and ensuring that theteam provides a superior level of customer service.
• Management and supervision of the processes undertaken by the teams supporting Credit Approval and Loan
• Administration, Credit Disbursements, Collateral Releases, Margin Call oversight and Credit Platform Payments Investigations Queue
• Ensure that margin calls are issues, tracked, reported, escalated and resolved in a timely manner.
• Supervision of systems maintenance required to monitor and control client credit facilities
• Day to day management and supervision of the processes supporting the FX and Derivative pre trade authorisation
• process (includes credit risk and initial margin calculations) and ensuring that Dodd Frank, CCAR and Basel Regulatory responsibilities are met.
• Communication of credit policy requirements and procedures to the front office and to provide guidance and support on the application of credit rules and use of credit systems
• Participate in  and coordinate CMU credit system enhancement project as required (includes coordinating CMU UAT activities)
• Preparation and coordination of deliverables for internal and external audits
• On-going Manager's Control Assessment (MCA) for key process risks and associated controls and monitoring.
• Coordination of CMU related non-tech projects and initiatives i.e. regulatory projects
• Preparation of  CMU management information decks for internal business partners
• Representing CMU/Risk on various internal forums

Development Value:


For the right individual this role provides an excellent opportunity to develop and enhance credit skills and secure in-depth product knowledge in a control environment that will have application in any commercial bank setting. The role will also provide opportunities to further develop supervisory and team leadership skills.  An opportunity to lead a dynamic growing team covering several regions and markets and to work extensively with various areas across the Private Bank, including Credit Risk Management, Investment Finance, Margin Operations,
Product areas, Front Office and Risk Technology.

Qualifications

Knowledge/ Experience:
Highly motivated and innovative individual with experience of the following: -

• Managerial/supervisory experience critical
• Good credit or risk administration experience together with an understanding of financial instruments and credit, foreign exchange and derivative products
• Excellent communication skills (verbal and written)
• Good general administration and organisational skills with meticulous attention to detail and accuracy.
• Ability to identify and communicate operational and control weaknesses and propose workable solutions
• Methodical and rigorous follow up on problem issues
• Strong initiative and interactive approach to problem solving.
• Knowledge of current banking regulations, especially CCAR, Basel capital adequacy and Bilateral Margin for OTC derivatives advantageous.


Skills:

• Excellent communication skills required (written and verbal)
• Strong Leadership qualities
• Ability to work as part of a team and to be able to interact with all levels of staff in the Private Bank and Risk community.
• Strong working knowledge of MS Excel and Word
• Good administration and organisational skills preferably with previous experience of working to deadlines, attention to detail and adherence to policies and procedures.
• Strong initiative and interactive approach to problem solving
• Ability to identify and communicate operational and control weaknesses and propose workable solutions



Qualifications:

• Degree or post-graduate Qualification


Competencies:

• Adaptability
• Problem Solving
• Communication Skills
• Influencing Skills
• Initiative
• Relationship Building
• Leading People
• Teamwork Skills
• Computer literate with a sound working knowledge of Microsoft Office
• Attention to detail
• Good communication skills and ability to work in a team.
• Good innovative skills
• Ability to multi-task
• Methodical and rigorous follow up on open queries.

E xceptional 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