- New York, NY, USA
- Permanent, Full time
Credit and Portfolio Group Manager
Credit and Portfolio Group Manager
- Primary Location: United States,New York,New York
- Education: Bachelor's Degree
- Job Function: Risk Management
- Schedule: Full-time
- Shift: Day Job
- Employee Status: Regular
- Travel Time: Yes, 10 % of the Time
- Job ID: 19011653
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. 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. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.
Autonomously risk manage a portfolio of Public Sector entities located in the Northeast/Midwest regions with sub-indusrties ranging from healthcare, higher education, utilities, and transportation to Government of Canada and Canadian provinces. The role entails 1) working closely with bankers and structures to assess and approve credit risk related to counterparties, transactions, and new issues, 2) providing guidance with negotiating loan/letter of credit agreements and ISDAs, and 3) preparing and presenting sector reviews, inclusive of stress testing, exposure management, and economic outlook. Play an integral role leading coordinating credit activities of the RMU analyst.
Other job elements:
>Proactively monitor credit exposure, undertake analysis / investigation where required to ensure exposures are properly reported and exceptions resolved
> Maitain subject matter expertise in internal policy and industry specific characteristics and risks
>Maintain deep understanding of internal credit policy and reporting requirements
>Manage assigned projects in a timely manner, ensuring accuracy and that deliverables are met
>Assist with the testing and implementation of appropriate technology solutions
>Provide leadership and mentorship to junior analysts
>Build good and effective working relationships with various teams across the bank (Bankers, Risk >Managers, RMU Analysts, Credit Risk Management Services etc).
>Conduct risk assessment and credit analysis of existing relationships including periodic review of financial results and statements to monitor operating performance, liquidity position and financial condition, peer analysis, and preparation of financial projections and sensitivity analysis.
• Experienced in Public Sector credit risk analysis or corporate banking. • Excellent verbal and written communication skills are a must. • Ability to navigate the Citi network and work effectively with our partners around the organization
• Strong analytical skills and solid understanding of Accounting and Corporate Finance concepts
• Strong leadership skills
• Ability to multi-task and coordinate multiple assignments and projects
• Some financial modeling experience preferred
• Strong business acumen
•Deep knowledge of lending products, and OTC Derivatives