Wholesale Credit Risk Senior Analyst

Citigroup Inc. Irving , TX 75061

Posted 1 month ago

ICG Risk Analysis (IRAUs) is an integral part of the Institutional Credit Management ("ICM") organization. The IRAU's mandate is to deliver best-in-class credit risk analysis, monitoring and credit administration as a partner to ICG Risk and Banking, Capital Markets and Advisory's (BCMA) shared commitment to ensuring the safety and soundness of wholesale lending across ICG.

ICG Risk Analysis Credit Risk Senior Analysts are responsible for a portfolio of ICG Risk Relationships, owning the Credit Risk Analysis for those relationships, and being responsible for the continuous monitoring of that portfolio. That includes the production of Annual Reviews, Quarterly Reviews, and the support to Ad-Hoc Transactions and Portfolio & Industry Reviews and Stress Testing.

A Credit Risk Senior Analyst is expected to have a strong understanding of credit risk, of Citis internal policies and procedures, and of being relatively knowledgeable about the industry fundamentals that portfolio belongs to. They should need some supervision from their respective Credit Risk Team Lead, especially on more sensitive and complex credit situations, and be able to carry thoughtful conversations with ICG Risk and BCMA partners, with some intervention of the respective Team Lead.

This role has responsibility for the portfolio of Relationships and reports directly to the Credit Risk Team Lead.

Key Responsibilities:

  • Assess the credit and financial strength of Citi's Large Corporate, Public Sector, and Financial Institutions Clients by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors

  • Complete Credit Analysis Write-up Memos and Final Obligor Risk Ratings of Citi's Counterparties based on independent assessment and judgement completed on the due diligence of the client and industry knowledge to provide appropriate extensions of credit remaining within Risk appetite

  • Continuous monitoring of the covered portfolio, including following industry trends, impacts to key relationships, and escalation of potential credit issues to Credit Risk Team Leads, ICG Risk and BCMA partners

  • Partnership with applicable regional and industry stakeholders in BCMA and Independent Risk in the implementation of credit assessment and monitoring standards for applicable portfolios

  • Support ICG Risk Analysis Voice of the Employee (VOE) initiatives

  • Travel (less than 10%)

Skills/Competencies:

  • Risk & Credit Underwriting:

  • Intermediate analytical skills, including an understanding of key financial components (liquidity position, leverage profile) with the ability to identify root causes and trends and anticipate horizon issues

  • Demonstrates considerable knowledge of financial statements and GAAP accounting or similar governance relating to country of operation

  • Displays robust industry research capabilities, including risk and key drivers

  • Strong understanding of Credit Policy and procedures; proactively refers to resources as needed

  • Demonstrates ability to identify potential risk issues that need escalation and escalates them promptly

  • Leadership:

  • Displays a deep commitment and positive attitude to Citi and colleagues, is reliable, and eager to do more

  • Embraces the need for change and appreciates its benefits with natural curiosity

  • Demonstrates professionalism by being reliable, actively contributing in meetings, asking questions and challenging ideas

  • Competencies:

  • Strong interpersonal skills, with the ability to build relationships

  • Strong organizational skills with ability and willingness to work under pressure and manages time and priorities effectively

  • Solid written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority

  • Technical:

  • Proficient Microsoft Office (Word, Excel, and PowerPoint) skills

  • Progressive experience with the internal ICG Templates and with financial modeling

Qualifications:

  • BA/BSc in Finance or Accounting or higher degree in Business (MBA), or any other related subject

  • Financial Services experience including 2-3 years of credit experience in banking or credit risk management

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
lc_ad

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
Data Scientist Credit Risk

Cash Store

Posted 2 days ago

VIEW JOBS 9/30/2022 12:00:00 AM 2022-12-29T00:00 <p>Reporting to our Director of Credit Risk Management, you will play a key role in increasing our profits through advanced statistical analytics, traditional risk management, machine learning and data science techniques. You will be an analyst, on a fast-paced and growing team of data science analysts, making an immediate impact across the entire customer lifecycle (prospecting, acquisitions, customer management, and collections). This is a wonderful opportunity for a talented analyst to broaden his/her analytics skill set through exposure to a wide variety of business problems and challenge him/herself with FinTech projects that can span from tactical to strategic in nature. As a Data Scientist - Credit Risk (aka Credit Risk Analyst) you will have a hybrid work schedule, both remotely from your home office in the Dallas-Fort Worth area and on-site at our Administrative Office (HQ) in Irving (Las Colinas), Texas.</p><p>Key Responsibilities</p><ul><li><p>Develop and implement effective scoring models to be used in decisioning across all aspects of the customer lifecycle</p></li><li><p>Proactively collaborate with Information Technology (Database Engineers, Application Development, Business Intelligence), Product Development, Marketing, Compliance, Marketing Analytics, and other internal groups to implement credit risk policies and underwriting criteria for new products and business opportunities</p></li><li><p>Profitably manage credit risk for all prospects and customers by monitoring trends, identifying opportunities, developing and presenting recommendations, implementing the strategies and measuring the impact</p></li><li><p>Successfully manage and complete multiple concurrent projects without losing focus</p></li><li><p>Provide timely and justified recommendations in response to ad hoc analysis requests by internal groups</p></li><li><p>Act as an internal resource for SAS best practices</p></li><li><p>Develop actionable reports for use by the senior leadership team</p></li></ul><p>Requirements</p><ul><li><p>BS in an analytical field such as Statistics, Econometrics, Applied Mathematics, or highly quantitative engineering (e.g., Chemical Engineering, Mechanical Engineering)</p></li><li><p>1 years of work experience</p></li><li><p>Advanced user of SAS/STAT procedures and Excel</p></li><li><p>Advanced user of SAS to merge and mold data sets into a useful format</p></li><li><p>Results-oriented self-starter who is confident in defending his/her critical thinking abilities</p></li><li><p>Proven track record of developing successful predictive analytics (i.e. statistical modeling)</p></li><li><p>Capitalistic mindset supported by a strong business acumen and work ethic</p></li><li><p>Demonstrated ability to communicate ideas and analysis results effectively both verbally and in writing to a non-technical audience</p></li><li><p>Local (Dallas/Fort Worth area) candidates only - no relocation</p></li><li><p>Must be currently authorized to work in the United States without sponsorship and not require sponsorship in the future</p></li></ul><p>Preferred Qualifications</p><ul><li><p>Master's degree in Statistics strongly preferred</p></li><li><p>Previous experience as a Data Scientist, Statistician, Risk Analyst, Quantitative Analyst, or Marketing Analyst</p></li><li><p>Risk modeling and strategy development for decisions such as initial approve/decline, credit limits, and credit limit increases/decreases is a plus</p></li><li><p>Work experience in consumer credit</p></li></ul><p>Compensation</p><ul><li>Starting annual salary of $115,000</li></ul><p>Workplace</p><ul><li>Hybrid work schedule from your home office in the Dallas-Fort Worth area and our Administrative Office (HQ) in Irving (Las Colinas), TX</li></ul><p>Benefits</p><ul><li><p>Medical, dental, and vision</p></li><li><p>Voluntary life/ AD&amp;D</p></li><li><p>Short-term &amp; long-term disability</p></li><li><p>401K with company match</p></li><li><p>Paid vacation, holidays, and sick time</p></li><li><p>Paid maternity, paternity, bereavement, extended medical leave, and jury duty</p></li><li><p>Corporate discount program on &quot;personal cell phone accounts&quot; with select providers</p></li><li><p>Corporate discount program on Microsoft 365 &quot;Home Use Program&quot;</p></li><li><p>Business casual work environment</p></li></ul><p>About Cottonwood</p><p>Founded in 1996, Cottonwood Financial is one of the largest privately held retail consumer finance companies in the United States. With a customer-centric focus, we offer an innovative mix of FinTech and brick-and-mortar financial products and services through our online customer portal, Cashstore.com, as well as through our 230+ retail locations in 3 states, under our Cash Store brand.</p><p>We have a healthy balance sheet, are positioned to grow, and have been named multiple times to the Inc. 5000 list of America's fastest-growing private companies, as well as to the Dallas 100 list of the fastest-growing private companies in North Texas.</p><p>Cottonwood Financial is proud to be an equal opportunity employer.</p><p>Get job alerts by email. Sign up now!</p><br> Cash Store Irving TX

Wholesale Credit Risk Senior Analyst

Citigroup Inc.