Ireland Job Openings

Citi

Credit Review Senior Officer, Banking & International Credit Risk

Dublin

FULL TIME

September 3, 2024

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and communication to Citi’s Risk Management team.
Shape your career with Citi in Dublin. By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Citi has had a presence in Ireland since 1965, it was one of the first foreign banks to open an office in the country and is the Citibank Europe Plc Headquarters.

Team/Role Overview
Global Risk Review (GRR) provides independent, objective, reliable, valued and timely assurance to the Boards, the Committees, the Citigroup Chief Risk Officer, the Citigroup Chief Credit Officer, senior management and regulators over the effectiveness of credit, capital and collateral risk management and the ability of the Business and independent Risk Management to identify, monitor and mitigate current and emerging risks. Within GRR, the Banking & International Credit Risk (BICR) function provides an independent review and challenge of credit risk management.
The Credit Review Senior Officer - BICR is responsible for independently managing all aspects of their assigned Review Entities. Responsibilities include execution of Business Monitoring and Reviews in accordance with the BICR Manual, monitoring and evaluation of Corporate Bank, Commercial Bank, Global Wealth and Markets portfolios, strategies, and credit risks, assessment of the effectiveness of credit risk management of assigned businesses, proposal of pragmatic solutions to risk and control issues, and maintaining ongoing contact with a Review Entity’s management through continuous Business Monitoring and corrective action follow-up where applicable. As this role will initially focus on credit review of Hedge Funds, experience in this sector is essential. Review of other credit risk portfolios is required as part of the broader responsibilities of this role.

What you’ll do
  • Assesses the effectiveness of credit risk management at Citi and the ability of the Business and Independent Risk to identify, monitor and mitigate current and emerging credit risks across assigned BICR Review Entities.
  • Management of BICR Review Entities through quarterly Business Monitoring and periodic Reviews.
  • Assessment of the quality and adequacy of credit analysis and exposure analysis as well as accuracy and appropriateness of risk ratings and classifications of corporate, commercial and high-net worth relationships.
  • Assessment of the effectiveness of the credit risk processes and standards of assigned Review Entities to promote leading practices and identify opportunities for improvements.
  • Assessment of Business and Risk staffing levels to determine the effects on assigned Review Entities.
  • Preparation of Credit Assessment Documents in accordance with and at the quality standards required by the BICR Manual and Review Guides.
  • Approval of relationship-level file testing prepared by BICR Credit Risk Reviewers.
  • Evaluation of the appropriateness of Corrective Action Plans resulting from Reviews or Business Monitoring, and subsequent validation of the effectiveness of the same after implementation by the Business.
  • Accountability for the quality and consistency of work products that include Credit Assessment Documents, Sample Rationale Documents, and Banking & International Credit Review Reports created for the assigned Review Entities.
  • Support Credit Review Managers, Senior Credit Review Managers and Global Head of Banking and International Credit Review on cluster and/or global tasks.
  • Proactive communication to Credit Review Team Managers, Senior Credit Review Managers and GRR Senior Management of any concerns and/or emerging risks that may jeopardise the assigned Review Entities.
  • Travel Required (10% to 30% depending on cluster).

What we’ll need from you
  • Demonstrable financial services experience inclusive of credit experience in corporate or commercial banking.
  • Work experience in Banking, Finance, Accounting, Economics, Business Administration or similar with credit or financial statement analysis experience.
  • Strong experience in managing credit risk for Hedge Funds
  • Strong knowledge of counterparty credit risk and capital markets products, including derivatives.
  • Expert in risk analysis and risk management processes for one or more products and lending areas.
  • Fully conversant in credit policy matters with proven sound judgment
  • Regulatory experience or relevant experience in a similar role at another institution is desirable.
  • Advanced analytical skills, with the ability to identify root causes and trends and anticipate horizon issues.
  • Strong project management skills, with the ability to coordinate and manage large review teams.
  • Ability to recognise emerging risks, including operational risk.
  • Proven ability to build and maintain relationships and exert influence without direct authority.
  • Excellent written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority.
  • Proficient in Microsoft Office (Word, Excel, and Power Point).
  • Knowledge of Citi's organisation and systems preferred.
  • Language skills preferred, depending on cluster.
  • BA/BSc or higher in business, finance, or a related field.
  • Senior Credit Officer qualification preferred.

What we can offer you
By joining Citi Dublin, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed) and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well. Discover more here.

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energised to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

#LI-JD2
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Job Family Group:
Risk Management-
Job Family:
Credit Review Risk Management-
Time Type:
Full time-
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.
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