Citigroup
Director, Public Sector Credit Risk Senior Officer
Citigroup, New York, New York, United States, 10001
Director, Public Sector Credit Risk Senior Officer
Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community, and make a real impact. Job Overview
Public Sector Risk, within Citi's Banking and International Risk division, manages a global portfolio covering wholesale exposures to Sovereigns, Central Banks, Government Related Entities, US Municipals, Supranationals, and NGOs. The team's Senior Risk Managers strive for proactive credit risk management; connectivity with senior management and other key Risk stakeholders; and solution-oriented partnership with Citi's Corporate Banking, Product, and Underwriting teams. This Director (C-15) position will be a Credit Risk Senior Officer in the North American Public Sector credit team, reporting to the Global Public Sector Risk Head and covering various relationships within North America (NAM). The Risk Manager will be responsible for managing portfolio responsibilities and supporting the Global Public Sector Portfolio Head in the portfolio management initiatives and activities including credit review, credit approvals, and proactive monitoring of exposures to Public Sector clients. Candidate should have Senior Credit Officer (SCO) experience. The position will interact heavily with Citi's Corporate Banking, Institutional Credit Management Underwriting, and other product/markets groups in pursuit of its portfolio management and credit approval duties. This position will be based in New York, NY. Key Responsibilities
Manage credit risk management activities associated with the North America (NAM) Public Sector portfolio (includes Governments of the US and Canada, US Municipals, and NGOs) Provide strong review, challenge, and approvals for transactions and annual reviews, risk rating accuracy, ongoing determination of emerging risks, and decisioning/recommending of incremental exposure requests Perform review of legal documentations, such as ISDA, Edison Electric Institute (EEI), Standby Bond Purchase Agreement (SBPA), and Credit Agreements Partner and collaborate closely with Citi's Corporate Banking and Institutional Credit Management Underwriting (ICM) organizations Communicate clearly with internal stakeholders, particularly with respect to effective challenge (transactions not to be approved, modification to structure or additional due diligence/conditions to approval) Advise and make concise approval recommendations to senior management Interact directly with Credit Review Function (BICR), Internal Audit, and banking regulators during periodic and ad-hoc reviews Model sponsor delegate responsibilities for risk rating models applicable for the public sector portfolio Demonstrate solid command of Policies, Standards, and Procedures, contribute to the establishment of Public Sector frameworks Mentor and guide junior team members Competencies / Qualifications
15+ years of relationship banking or credit risk/risk-related work experience in large banking/financial institutions Current Senior Credit Officer (or external equivalent) approval authority Knowledge and experience of Public Sector and US Municipals preferred Strong understanding of corporate finance, bank, and capital markets products Proven strong analytical and credit analysis skills with good attention to detail and ability to provide big picture decision making Ability to conduct business due diligence and assess a counterparty's strengths and weaknesses and competitive position within its industry Independent problem-solving skills, ability to prioritize and meet deadlines Strong written and verbal communication skills with the ability to present analysis and recommendations in a succinct manner to senior stakeholders Ability to handle complex transactions, often with short timetables, and to challenge when necessary, while showing constructive leadership capable of suggesting solutions Capable of navigating large organizational structure and breaking down silos collaboratively MS Office software proficiency required Education
Bachelor's degree/University degree or equivalent experience Master's degree and formal credit training is preferred
Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community, and make a real impact. Job Overview
Public Sector Risk, within Citi's Banking and International Risk division, manages a global portfolio covering wholesale exposures to Sovereigns, Central Banks, Government Related Entities, US Municipals, Supranationals, and NGOs. The team's Senior Risk Managers strive for proactive credit risk management; connectivity with senior management and other key Risk stakeholders; and solution-oriented partnership with Citi's Corporate Banking, Product, and Underwriting teams. This Director (C-15) position will be a Credit Risk Senior Officer in the North American Public Sector credit team, reporting to the Global Public Sector Risk Head and covering various relationships within North America (NAM). The Risk Manager will be responsible for managing portfolio responsibilities and supporting the Global Public Sector Portfolio Head in the portfolio management initiatives and activities including credit review, credit approvals, and proactive monitoring of exposures to Public Sector clients. Candidate should have Senior Credit Officer (SCO) experience. The position will interact heavily with Citi's Corporate Banking, Institutional Credit Management Underwriting, and other product/markets groups in pursuit of its portfolio management and credit approval duties. This position will be based in New York, NY. Key Responsibilities
Manage credit risk management activities associated with the North America (NAM) Public Sector portfolio (includes Governments of the US and Canada, US Municipals, and NGOs) Provide strong review, challenge, and approvals for transactions and annual reviews, risk rating accuracy, ongoing determination of emerging risks, and decisioning/recommending of incremental exposure requests Perform review of legal documentations, such as ISDA, Edison Electric Institute (EEI), Standby Bond Purchase Agreement (SBPA), and Credit Agreements Partner and collaborate closely with Citi's Corporate Banking and Institutional Credit Management Underwriting (ICM) organizations Communicate clearly with internal stakeholders, particularly with respect to effective challenge (transactions not to be approved, modification to structure or additional due diligence/conditions to approval) Advise and make concise approval recommendations to senior management Interact directly with Credit Review Function (BICR), Internal Audit, and banking regulators during periodic and ad-hoc reviews Model sponsor delegate responsibilities for risk rating models applicable for the public sector portfolio Demonstrate solid command of Policies, Standards, and Procedures, contribute to the establishment of Public Sector frameworks Mentor and guide junior team members Competencies / Qualifications
15+ years of relationship banking or credit risk/risk-related work experience in large banking/financial institutions Current Senior Credit Officer (or external equivalent) approval authority Knowledge and experience of Public Sector and US Municipals preferred Strong understanding of corporate finance, bank, and capital markets products Proven strong analytical and credit analysis skills with good attention to detail and ability to provide big picture decision making Ability to conduct business due diligence and assess a counterparty's strengths and weaknesses and competitive position within its industry Independent problem-solving skills, ability to prioritize and meet deadlines Strong written and verbal communication skills with the ability to present analysis and recommendations in a succinct manner to senior stakeholders Ability to handle complex transactions, often with short timetables, and to challenge when necessary, while showing constructive leadership capable of suggesting solutions Capable of navigating large organizational structure and breaking down silos collaboratively MS Office software proficiency required Education
Bachelor's degree/University degree or equivalent experience Master's degree and formal credit training is preferred