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VP, PBWM CPPAC Credit Product Program Governance Officer (Hybrid)

Company: Citi
Location: Irving
Posted on: May 26, 2023

Job Description:

The Risk Policy Officer is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family. The Credit Product Program Approval Committee ("CPPAC") Risk Governance Officer within Global Wealth Management will be responsible (as part of Citi Global Wealth Management) for the facilitation and co-ordination for the end-to-end CPPAC reviews and the approval process including agenda co-ordination and preparation of materials to be submitted by the program owners. This role is highly visible and plays a critical part in meeting and managing deadlines and regulatory deliverables. The individual will act as a conduit between the product program owners within Business and Risk and the approval committee to ensure the end-to-end review process is completed with the highest level of integrity. Meticulous attention to detail as well as strong stakeholder management skills are required to maintain momentum on the program as well as ensuring that each stage of the program lifecycle is properly documented. Specific CPPAC responsibilities will include the initiation of the reviews and corresponding administration through to minute taking of the review calls, obtaining and recording stakeholder approvals and maintenance/guardianship of all supporting documentation. The role will require that the individual become a subject matter expert in Product Program Governance and Citi's internal Policies, Standards and Procedures. There is also an expectation that, through day-to-day execution of the role, deep knowledge of CGW business process, products will be gained and the individual will be able to identify and lead execution of opportunities for improvement of product program review & approval processes and related infrastructure & controls. Responsibilities:

  • Responsibility covers managing portfolio risk policy for the aligned products, focusing on growing and maintaining healthy portfolios through line and various accounts maintenance programs such as limit increase/ decrease, accounts renewals/ closure, cross-selling between products
  • Manage merchant policy for Cards product, focusing on healthy merchant business through managed exposure and governing of merchant acquiring policy
  • Manage 3rd party exposure and key money policy (as applicable), ensuring controllable exposure according to risk appetite
  • Work together with counterparts from Business, Sales, Credit Operations, Decision Management, Operations & Technology to ensure correct policy implementation at an operational level
  • Interact with regional counterparts for policy approval and adherence to Global/Regional Policy requirement
  • Provide analytics at portfolio and segment levels for the purpose of monitoring, making policy adjustments, provide sound credit decisions with the ultimate goal of optimizing risk and rewards
  • Work together with the Risk MIS team, in charge of Credit Risk Reporting and Portfolio Quality Review Reporting, as well as facilitating ad-hoc reporting as needed
  • Responsible for reporting and accuracy of critical portfolio data returns to the Bank's key regulators
  • Responsible for the regular validation as well as new development of the portfolio score & segmentation models through collaboration with regional and global risk analytics team
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.Qualifications:
    • 6-10 years experience in Statistics/Analytics/Decision Management will be desirable
    • Highly ethical and with integrity
    • Excellent verbal and written English communication skills
    • Effective listening skills
    • Candidates must have effective negotiation skills, a proactive and 'no surprises' approach in communicating Risk issues, strength in sustaining autonomous views
    • Able to work across levels in risk management and also with other operations and business teams
    • Excellent Presentation skills - adept at presenting effectively to audiences of various sizes and adapting style as necessary
    • Able to identify and influence key decision makers across various levels and functions within the organization
    • Able to work in a rapidly changing external environment and support business in a highly competitive and challenging marketEducation:
      • Bachelor's/University degree, Master's degree preferredThis job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required. - Job Family Group: Risk Management - Job Family:Risk Policy Time Type: Full time Primary Location: Irving Texas United States Primary Location Salary Range: $121,560.00 - $182,340.00 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

Keywords: Citi, Irving , VP, PBWM CPPAC Credit Product Program Governance Officer (Hybrid), Executive , Irving, Texas

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