ICM Portfolio Management - Portfolio Associate - AVP
Company: Citi
Location: Irving
Posted on: May 25, 2023
|
|
Job Description:
Institutional Credit Management (ICM) works closely with our ICG
businesses to serve as a critical component of our First Line of
defense for wholesale and counterparty credit risk management and
also with our Independent Risk partners to ensure best-in-class
risk and controls, as well as client responsiveness. Key
responsibilities include portfolio analysis, documentation, risk
identification, management, monitoring, administration, and stress
testing.
The ICM Portfolio Associate (PA) will report to the Portfolio
Manager for (Early Warning Credit Management - EWCM or Portfolio
Credit Monitoring - PCM) and will be help manage the processes and
systems for the detection of early signals of distress within a
specific wholesale portfolio, through a selected number of metrics
and indicators for Early Warning, Limits and Covenants.
In this role, the PA will be responsible for liaising business
partners, and assisting in executing the monitoring strategies and
priorities, as well as contributing to the calibration of alerts,
metrics and indicators for maximum efficacy.
The PA should be resourceful with the ability to produce
recommendations to the portfolio owners that may include portfolio
reviews, stress tests, risk appetite and underwriting criteria
recalibrations, reclassification of facilities, risk rating changes
among others.
Key Responsibilities:
Assisting portfolio management and consistent with industry leading
practices and conforms to all internal credit procedures/policies,
and all related regulatory expectations
Continuous engagement across ICM and with ICG businesses
Help execute plans, strategy and objectives for EWCM / PCM in an
effective and innovative fashion; assess and report progress in
meetings objectives including promotion of a healthy working
culture
Coordinate with the Heads of EWCM / PCM, ICM, and key members of
governance forums as appropriate to address and escalate emerging
risk concerns, and to share best practices
Assist in developing/enhancing Learning, Develop and Training for
EWCM and PCM;
Support PCM, ICM, and WCR on internal projects and initiatives
Support PCM and ICM Voice of the Employee (VOE) initiatives
Travel (less than 25%)
Experience and requirements for the role:
Ability to meet deadlines due to business needs
Independent problem solving skills
Exceptional written and verbal communication skills with strong
attention to detail.
Understanding of corporate finance and bank products
Qualifications
Bachelors degree in Business Administration, Finance or
Economics
An MBA, CPA, CFA preferred, and formal credit training is a
plus
Financial Services experience (min 4 years) including credit
experience in Banking or Risk Management
-
Job Family Group:
Risk Management
-
Job Family:
Credit & Portfolio Risk Management
-
Time Type:
Full time
-
Primary Location:
Irving Texas United States
-
Primary Location Salary Range:
$93,200.00 - $139,800.00
-
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.
View the "EEO is the Law" poster. View the EEO is the Law
Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting
-
Effective November 1, 2021, Citi requires that all successful
applicants for positions located in the United States or Puerto
Rico be fully vaccinated against COVID-19 as a condition of
employment and provide proof of such vaccination prior to
commencement of employment.
Keywords: Citi, Irving , ICM Portfolio Management - Portfolio Associate - AVP, Executive , Irving, Texas
Click
here to apply!
|