Credit Portfolio Officer

Citigroup Inc. New York , NY 10007

Posted 2 months ago

  • Primary Location: United States,New York,New York

  • Education: Bachelor's Degree

  • Job Function: Risk Management

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: Yes, 10 % of the Time

  • Job ID: 19011712


Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.

Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.

Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.


A VP on the Hedge Fund Credit Team will be responsible for managing Citi's credit risk to a portfolio of the firm's Hedge Fund relationships.

The primary role of a VP within the Hedge Fund Credit group will be to manage and dictate the risk Citi is willing to take to the various hedge funds covered by the analyst, the analyst will also be responsible for:

  • Performing initial and annual credit reviews on a portfolio of hedge funds.

  • Approving credit facilities, specific transactions and exceptions within delegated credit authority.

  • Approving trades and communicating with the sales force on a daily basis

  • Advancing and innovating risk management tactics

  • Streamlining processes and changing firm-wide policies and procedures to be more reflective of current market conditions

  • Negotiating the credit-related terms in ISDA, MRA, MSFTA and other capital markets documentation.

  • Partnering with a specific trading desk within the firm, and educating the team on the risks associated with their given desk


The ideal candidate will be an experienced, goal oriented hedge fund credit risk manager with a proven track record of success and leadership. The VP should also possess the following:

  • 3-5+ years of previous work experience in a related field

  • Breadth of knowledge across Capital Markets trading and lending products, particularly in derivatives, structured and other complex products traded by hedge funds

  • Strong grasp of current technologies including stress testing is highly beneficial

  • Advanced working knowledge of Microsoft Excel, PowerPoint, Word and Access

  • Highly effectively communication skills, used to partner with other groups and present findings and suggestions to management

  • Motivated and confident to drive change

  • Attention to detail; unaffected by high pressure situations

  • Quantitative and intuitive skills in the risks inherent in capital markets products, transactions and positions

  • Formal credit training with experience in a global institution

  • Real sense for how to build/support business growth

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Senior Credit Portfolio Management Corporate Banking Vice President

Union Bank, N.A.

Posted Today

VIEW JOBS 4/18/2019 12:00:00 AM 2019-07-17T00:00 Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2018) with total assets of over $2.9 trillion (106.2 (JPY) as of March 30, 2018) and 150,000 colleagues in more than 50 countries. In the U.S., we're 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that's working to fulfill its vision to be the world's most trusted financial group. Job Summary: Responsible for providing credit recommendations on new transactions and managing a portfolio of corporate loans. Individual will recommend, monitor and manage transactions and the credit exposure in their portfolio and develop exposure management programs when appropriate. Individuals at this level are fully knowledgeable of the day-to-day activities associated with managing credit risk but will require input on more complex issues. This individual may have oversight of a small team of junior staff to ensure all daily responsibilities are completed. Major Responsibilities: * Credit exposure to a portfolio of borrowers (including traditional asset based obligors) managed by the General Industries Team * Making recommendations on credit requests based on fundamental analysis and must maintain a comprehensive knowledge on individual companies and the industries in which they operate * Identify potential credit deterioration of individual companies in their portfolio and maintain timely and accurate risk ratings * Stay current on changes and potential changes in the sector and regulatory developments is an important part of the job * Additional responsibilities will include presentations to senior executives and discussions with internal auditors. Union Bank, N.A. New York NY

Credit Portfolio Officer

Citigroup Inc.