Citi has established Institutional Credit Management (ICM) as a first-line risk function focused on delivering end-to-end credit underwriting and credit risk management across its wholesale lending businesses.
Within ICM, the Collateral Risk team is responsible for monitoring and managing collateral-related risks across the wholesale book globally. The team works closely with business and risk partners to assess, structure, and oversee a broad range of collateral types, including cash, securities, real estate and other physical assets.
The ICM Collateral Risk AVP will support the measurement, monitoring, and management of collateral risk for Citi’s global collateralized lending portfolio. The position also provides exposure to a diverse range of strategic and risk-focused projects, including portfolio health reviews, collateral risk assessments, capital planning, stress testing, and analysis of collateralized lending portfolios across multiple asset classes.
The ideal candidate will have experience in secured lending, collateral analysis, credit risk, or capital and stress testing, along with a proven ability to solve complex problems, deliver effective risk management solutions, and thrive in a dynamic, fast-paced environment. Strong analytical skills and the ability to collaborate across business, risk, and control functions will be key to success in the role
In this role, you’re expected to:
The Collateral Risk AVP will be expected to make a major contribution towards the refinement of the team’s mandate and operating model and to take a leading role in the execution of existing responsibilities including:
- Assisting senior team members in review of collateral related risks, and the creation of collateral risk frameworks
- Taking a lead role in collateral related projects (business/asset specific, capital/Basel related, etc.)
- Acting as the focal point for all key queries and escalations in respect of collateral for lending activities
- Taking ownership of first line risk agenda in all relevant governance bodies
- Development into a leadership role to further build out the team and framework globally.
As a successful candidate, you’d ideally have the following skills and exposure:
- 5-10 years relevant experience in Financial Services (or strategy consulting) including credit extension/management in corporate lending, ideally across 2 or more regions
- Highly analytical & creative mindset
- Strong and impactful presentation skills
- Track record in building internal relationships and cross-functional processes
- Ability to work well under pressure, in a front office environment
- Excellent communication, interpersonal and organizational skills
- Knowledge of the characteristics of individual collateral types, particularly real estate, physical assets and other non-financial collateral
- Familiarity with risk and regulatory capital frameworks in the context of the banking book
- Knowledge of Citi’s organizational structure and infrastructure is a plus
- Understanding of regulatory capital (e.g. CCAR, Basel III) fundamentals / stress testing a plus but not required
Education:
- Bachelor's degree or equivalent experience
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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Job Family Group: Risk Management------------------------------------------------------
Job Family:Portfolio Credit Risk Management------------------------------------------------------
Time Type:Full time------------------------------------------------------
Most Relevant Skills Analytical Thinking, Credible Challenge, Governance, Policy, Procedure, and Regulation, Portfolio Analysis, Risk Management Lifecycle.------------------------------------------------------
Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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