Citi Group Credit Risk Officer – Vice President - Sydney 

Australia, Western Australia 

657764958

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Shape your Career with Citi

Citi’sRisk Managementorganization oversees risk-taking activities and assesses risks and issues independently of the front line units. We establish and maintain the enterprise risk management framework that ensures the ability to consistently identify, measure, monitor, control and report material aggregate risks.

We’re currently looking for a high caliber professional to join our team asVice President, Credit Risk Officer - Sydney(Internal Job Title: Credit Portfolio Officer - C13) based in Sydney, Australia.Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:

• We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
• We empower our employees to manage their financial well-being and help them plan for the future.
• We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

In this role, you’re expected to:

• Support the risk coverage of the Financial Institutions and Counterparty Credit (FIG&CCR) Portfolio for Australia & New Zealand, including by taking direct responsibilities for some counterparties and sub-portfolios, reporting to the Australia/New Zealand Cluster Head for FIG&CCR.
• Be responsible for the review and challenge of financial analysis, risk assessment and credit structure recommendation for cash flow lending products and counterparty credit limits.
• Make recommendations or provide approvals to mitigate Counterparty Credit Risk including collateral management, netting agreements, and credit derivatives.
• Facilitate negotiation, review and challenge and approval of exceptions relating to master trading agreements, collateral agreements, and other legal documents to ensure proper risk mitigation.
• Supplement analysis with research and evaluations from a wide variety of sources to develop an assessment of client, competitor/ industry risks and trends for senior management.
• Monitor the assigned credit portfolio and complete periodic reviews, maintaining a thorough understanding of the content and aggregate risks within the portfolio, trends and other key statistics.
• Monitor and manage exceptions on counterparty exposure limits and concentrations.
• Support the Australia/New Zealand Cluster Head and the Australia Chief Risk Officer (CRO) meeting regulatory expectations, new regulation implementation and handling queries from local regulators.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• 5 to 8+ years of credit and analytical experience required.
• Proven track record of successfully overseeing financial institutions risk portfolios in the FIG&CCR space.
• Strong product knowledge and understanding, e.g. swaps, futures, andrepurchase agreements,as well as the agreements that govern them such asInternational Swaps and Derivatives Association (ISDA)/Credit Support Annex (CSA) and Global Master Repurchase Agreement (GMRA).
• Ability to operate in a fast-paced environment, characterized by a high volume of time-sensitive approvals, which requires proactivity and strong prioritization skills.
• Excellent communication and diplomacy skills required to negotiate internally, often at a senior level and occasionally with clients.
• Effective verbal and written communication skills.
• Strategic professional who closely follows latest trends in own field and adapts them for application within role.

Education:

• Bachelor’s/University degree, Master’s degree preferred.

Take the next step in your career, apply for this role at Citi today

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required

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