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Citi

Runs banking and payments for global clients

Credit Portfolio Senior Officer 1

Risk ManagementConfirmed live in the last 24 hours
Full-timeNew York, NY, USA

About the Job

Requirements

  • Requires a Master’s degree, or foreign equivalent, in a STEM (Science, Technology, Engineering, Math) field of study and 7 years of experience as a Business Risk Officer, Credit Portfolio Officer, Risk Management Analyst, Stress Testing Analyst, Middle Office or Consulting roles working in risk management in the global financial services industry. Will also accept a Bachelor’s degree or foreign equivalent in the above STEM fields and 10 years of progressive post-baccalaureate experience in the fields as listed above working in risk management in the global financial services industry.
  • Seven years of experience must include providing customized solutions to optimize clients’ portfolios from a revenue, risk, and funding perspective; articulating ideas to management and clients, and monitoring and assisting in the design of portfolio risk management solutions to meet clients’ objectives; performing reviews and analysis of financial metrics for various clients and approving limit exceptions within the designed risk tolerance; developing processes and tools to streamline data and risk analysis tasks; utilizing risk management metrics, Value at Risk (VaR), stress testing, and risk sensitivities to measure, monitor, and manage exposure against external clients; compiling presentations and documentation for internal or external use on key risk exposure and analyzing the company’s exposure to clients; and monitoring and analyzing client portfolios, communicating exposures to different teams, proposing risk limits, and working with the Risk Team for approvals.
  • Must have 5 years of experience managing settlement risks for various clients.

Responsibilities

  • Optimize clients’ portfolios from a revenue, risk, and funding perspective.
  • Articulate complex ideas to management and clients, and monitor and assist in the design of portfolio risk management solutions to meet clients’ objectives.
  • Manage settlement risk for cash transactions on an assigned group of clients across hedge funds, banks, funds, insurance, and municipals.
  • Perform periodic reviews and analysis of financial metrics on an assigned group of clients, and approve limit exceptions within the designed risk tolerance.
  • Oversee the development of processes and risk data tools to streamline data and improve efficiency in risk analysis tasks.
  • Use risk management metrics, such as Value at Risk (VaR), stress testing results, and risk sensitivities, to measure, monitor, and manage exposure.
  • Compile presentations and documentation for internal or external use on relevant topics, such as weekly forums on key risk exposure faced by the company and deep-dive analysis on clients and the company’s exposure to those clients.
  • Work with sales and clients to analyze client portfolios, propose risk limits, and work with Credit Risk Management to obtain approval for those limits.

About the Company

Citi

Runs banking and payments for global clients

Citi runs banking, investment and payment services for companies, governments and individuals around the world. Its global network connects institutions with local banking systems, while its US consumer business sells credit cards and deposit accounts. Corporate clients use Citi to manage cash, finance trade and raise capital, and investors use its trading, custody and wealth services to hold and manage assets. The bank earns interest on loans and fees from payments, securities transactions, financial advice and account services. Citi traces its banking roots to 1812; the Citigroup holding company was formed in 1998, and its headquarters are in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1812

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