Credit and Portfolio Management - VP

Risk - CCB WE Cluster – Credit Risk Officer / Credit and Portfolio Management - VP

Our people make all the difference in our success.

Citi Commercial Bank (CCB) is a global line of business at Citigroup that provides commercial banking services to mid-sized companies. CCB aspires to be the global bank of choice for trade-oriented companies, with revenues between $50MM – $2.5Bn with an array of products and services, that include: Lending, Cash Management, Trade, Foreign Exchange, Interest Rate Derivatives and Capital Markets solutions. CCB has operations in 25 countries. CCB WE Cluster will be a fast growth business with vision to significantly scale up over the first five years and beyond. There must be sufficient capacity in the Risk management team to face this growth and be able to build and maintain the health of the portfolio.

Key Outline

The Credit and Portfolio Manager is a strategic professional who will be exercising sound credit judgment to ensure that healthy portfolio is built and maintained. Other key responsibility of this role is to have a prudent risk and control environment to support growth of business.

This position reports to the Head of CCB WE Cluster Risk Management and is based in Stockholm.


Job Background/context:

· Works in partnership with stakeholders including Business, Credit Lending Management (CLM), Product and Operational Risk Management (ORM) to establish appropriate controls and ‘sound’ deal structures
Coordinate reporting the WE CCB portfolio data in line with policies and credit programs
Timely follow up on portfolio management action triggers

· Focuses on data integrity, risk reporting, portfolio metrics, risk framework ratios, Cost of Credit measurement, red zone process and regulatory controls including booking, legal vehicle due diligence, remote booking controls etc
· Participate in preparing regular and time-sensitive ad-hoc deliverables to the regulators and senior managements, closely working with industry and regional senior portfolio managers
· Coordinate MCA/GRC process within Commercial Risk Organization by supporting Risk Head in corrective actions and follow up related to process
· Performing independent review on the CA packages submitted by 1LoD and provide approval or attestation when needed
· 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.
· Early Warning (‘EW’): responsible for establishing, implementation and continuous improvements of the process; provide trainings for RMs and CLM partners and ensure that EW actions are properly documented and actioned; participate in Technology led projects to optimize reporting and provide further requirements
· Collateral: responsible for establishing, implementation and procedure update; preparation and update of collateral scorecard: liaising with Legal and Product partners; providing training to RMs and CLM partners; participate in Technology led projects to optimize reporting and provide further requirements
· Perform / Lead the Stress Tests and/or Rapid Portfolio Reviews (‘RPRs’) if and when needed together with related parties to testing the portfolio against the downturn (economic, politic etc).
· Participate to local/global projects related with CCB Risk
· Handle Internal Audit, Fundamental Credit Review inquires related with EW, Collateral and MIS and prepare the opinion/answer within the deadline


Development Value:
Experience the growth in a new market and Business with challenges on the team building and training, organisation, with visibility on stress events in the country.

Knowledge, skills and experience required:
Min.8 years of experience in different areas of credit risk, portfolio management, credit approval, problem recognition and remedial
Good level of knowledge and experience in credit, trade, cash management, markets products
Leadership, teamwork and coaching
Fully conversant in credit policy, risk principles and risk culture
University grade in Economics, Accounting, Finance, Engineering or other Business studies with deep knowledge in credit
Ability and experience to clearly and proactively communicate in verbal and written form to both internal and external clients and peers
Demonstrated integrity, independence, leadership, judgement and ability to balance risk and reward
Able to work under pressure and meet tight deadlines with proper collaboration
Good written and spoken English