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SVP – Credit Portfolio Senior Officer – Private Bank

SVP – Credit Portfolio Senior Officer – Private Bank

CompanyCitigroup
LocationFort Lauderdale, FL, USA
Salary$134960 – $202440
TypeFull-Time
Degrees
Experience LevelSenior

Requirements

  • Previous work experience in risk management with a large banking institution supporting Wealth portfolios
  • Strong understanding of credit risk analysis
  • Strong understanding of collateral analysis
  • Ability to work within the bank’s Credit Risk Management framework, policies and procedures
  • Proven strong analytical and credit analysis skills with good attention to detail and ability to provide big picture decision making
  • Familiarity with traded products, e.g. fx and derivatives
  • Ability to conduct business due diligence and assess a counterparty’s financial strengths
  • Independent problem solving skills, ability to prioritize and meet deadlines created due to business needs
  • Strong written and verbal communication skills with the ability to present analysis and recommendations in a succinct manner to senior risk managers
  • Ability to synthesize, prioritize and deliver results with urgency

Responsibilities

  • Manage transaction annual review and quarterly review process in partnership with the first line of defense (relationship and product partners)
  • Provide review and challenge for annual and interim reviews of credit applications through careful analysis and assessment of information provided and taking a holistic view of the risks
  • Approve and make recommendations for approval to risk SCOs for the approval of transactions, annual reviews, quarterly reviews and CCRs
  • Manage and maintain a portfolio of credit exposures to Citi’s North American Wealth clients
  • Assist with portfolio management activities, including limits, stress testing, portfolio reviews, and regulatory requests
  • Participate as directed in working groups, forums, special projects, etc whether as an active member or when asked to lead initiatives
  • Assist with periodic BICR, internal audit and regulatory reviews

Preferred Qualifications

  • Bachelor’s degree in Business Administration, Finance, or Economics preferred
  • 6 – 8 years credit risk or relevant experience, preferably gained at either Citigroup or at a major financial institution
  • An MBA, CPA, CFA or formal Credit Training is a plus
  • Formal credit officer approval authority experience is a plus. Candidates should be seeking or are expected to seek an SCO title.