Job Summary
The ICM Collateral Risk VP is responsible for the measurement, monitoring, and management of collateral risk arising from the bank’s collateralized wholesale lending activities globally. Working closely with individual business units and with the second-line risk management function, the VP will assist in the structuring of and maintain monitoring responsibilities for a wide range of collateral types (including cash, real estate, commodities and other physical assets, etc.).
The Role:
The Collateral Risk VP 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:
- Providing key collateral insights into portfolio health reviews
- Review of collateral related risks, and the creation of collateral risk frameworks
- Collaborating with collateral taking businesses and resolving collateral risk related matters
- 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.
- Real Estate or Asset Based Lending experience preferred but not essential.
Qualifications and Experience:
- Bachelor's degree or equivalent experience
- 5+ 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
- Track record in building internal relationships and cross-functional processes
- Strong and impactful presentation skills
- Understanding of regulatory capital (e.g. CCAR, Basel III) fundamentals / stress testing a plus but not required
- Knowledge of Citi’s organizational structure and infrastructure is a plus
Risk ManagementCredit & Portfolio Risk ManagementFull timeIrving Texas United States$114,720.00 - $172,080.00
Anticipated Posting Close Date:
Nov 11, 2024View the " " poster. View the .
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