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Citi Group ICM In-Business Quality Assurance– Financing Securitisation - VP 
United Kingdom, England, London 
873901843

26.07.2024

The ICG In-Business Quality Assurance function (QA) verifies that established standards and processes are followed and consistently applied. ICG Management uses the results of the quality assurance reviews to assess the quality of the group's policies, procedures, programs, and practices as relates to the management of wholesale credit risk. The results help management identify operational weaknesses, risks associated with the function, training needs, and process deficiencies.

Responsibilities:

  • Support the Head of Financing and Securitization In-Business Quality Assurance on the discussions to define the Quality Assurance function and Reviews across ICG coverage universe •
  • Provide effective credible challenge during QARs to Business Region Heads and Portfolio Managers, as regards to memo and process quality to ensure that weaknesses in such processes are identified and escalated as appropriate
  • Support in the establishment of processes that enable wholesale credit risks within Citi are effectively identified, measured, monitored, and controlled, consistent with the bank’s risk appetite and all policies and processes established within the risk governance framework
  • Under the supervision of the ICM In-Business Quality Assurance – Financing and Securitization QA Manager, support on the executing of the following: Consistent and objective assessments during QARs, Subsequent follow-up on corrective actions that were raised during QARs, Sustainability testing of corrective actions resulting from issues raised by Internal Audit or Regulators Synthesize and prepare quarterly Quality Assurance Scorecard Reports to ICG business management that communicate and measure results and identify negative trends and potential solutions
  • Support WCR IBQA function in the establishment of WCR IBQA policies, procedures, risk assessment and controls to drive effective QA coverage and standards
  • Support In-Business QA Head of Financing and Securitization to stay abreast of relevant changes to rules/regulations and other industry news including regulatory findings.
  • Support the Global Head of WCR IBQA on internal projects and initiatives
  • Support ICM Voice of the Employee (VOE) initiatives
  • Proven culture carrier

Qualifications:

  • Experience in quality control / quality assurance experience in banking, credit risk management, internal audit, loan review or quality assurance review function at an investment or large commercial bank
  • Solid understanding of risk management and control frameworks related to Counterparty Credit Risk management or another Financial Risk discipline
  • Ability to understand complex counterparty credit product structures including derivatives and well-versed in securitization and credit financing products as well as credit analysis, underwriting, legal documentation etc. Financing and funding solutions including TRS, CLOs, ABS, Municipal financing / Residential Financing and securitization, Prime and Hedge fund financing etc.
  • Strong background on core credit analysis for large corporate and finance industries to properly evaluate process and quality breaks within the quality assurance function
  • Ideally, credit officer or analyst or operational credit risk background, with experience on day-to-day credit functions associated with analysts and risk approval.
  • Good grasp of counterparty credit risk covered process, to evaluate findings within the Quality Assurance process, determine materiality, and partnering with in-line makers and checkers for ongoing improvement, problem detection, and sustainable remediation
  • Experience & adherence to the control environment including Quality Control

Leadership:

  • Demonstrated ability to lead a team; develop/mentor talent
  • Assists colleagues in identifying stretch opportunities to elevate individual and team Competencies Strong organizational skills with ability and willingness to work under pressure and manages time and priorities effectively with little supervision
  • Developed interpersonal skills, with the ability to build relationships and exert influence with and without direct authority
  • Excellent written and verbal communication skills, with the ability to communicate to audiences of varying levels of seniority
  • Significant experience in preparing presentations for senior level management

Technical:

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

Education:

  • Bachelor’s/University degree or equivalent experience, potentially Masters degree
Risk Management


Time Type:

Full time

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