Alternative Investments Credit Risk Manager - Director

The Credit Risk role is focused on analyzing the creditworthiness of individuals and entities, assigning risk ratings, recommending, or approving credit extensions or withdrawals, and providing ongoing monitoring of credit exposures. This role includes those with credit approval authority for portfolios requiring management for delinquency. Individuals within this role maintain a balance between risk and return, ensuring that credit policies are appropriate, and perform regular in-depth reviews of the credit portfolio. This role manages and mitigates potential credit losses, safeguarding the company's financial stability and supporting sustainable business growth.

Responsibilities: 

•              Lead regional and key risk reviews, ensuring compliance and mitigating threats.

•              Critically evaluate assigned portfolios, identifying and assessing emerging risks.

•              Drive continuous improvement of credit risk processes and standards for assigned entities.

•              Oversee and validate corrective action plans for identified issues, addressing concerns from control functions.

•              Lead the review and assessment of the Risk Appetite framework, ensuring its appropriateness, completeness, and usage trends.

•              Review, challenge and provide approval for the assigned portfolio credits and/or recommendations to more senior credit officers as needed.

•              Provide independent assessments on the accuracy and appropriateness of risk ratings and classifications for assigned portfolios.

•              Assist the Risk Head in orchestrating regional and/or global tasks using innovative techniques and methodologies.

•              Develop strategic plans to enhance the efficiency and effectiveness of the organization.

•              Innovate and optimize the decision engine capabilities of the collections process, ensuring optimal treatments for each account.

•              Collaborate with other credit risk families to support the best outcome for Citi, sharing and implementing best practices.

•              Manage relationships and expectations of external regulators, Regulatory reporting, Risk, Finance, and Accounting Policy.

•              Partner with the Risk organization to refine the process of defining, extracting, and utilizing data.

•              Make informed business decisions, considering risk assessment, the firm's reputation, and compliance with laws, rules, and regulations.

•              Enforce compliance with applicable laws, rules, and regulations, upholding policy and ethical business practices.

•              Manage and report control issues with full transparency, using advanced judgment and innovative techniques.

•              Owning relevant scorecards and underwriting frameworks.

• Is an enthusiastic and early adopter of change; takes ownership for helping others see a better future and stay positive during uncertainty.
• Demonstrates and inspires curiosity in seeking new ways to overcome challenges; actively applies learning from failures.
• Challenges self and others to seek out and communicate alternative views even when unpopular; welcomes diverse ideas to improve outcomes.
• Acts as a change catalyst by identifying and helping others see where new ideas could benefit the organization.
• Proactively seeks to understand and act in alignment with organizational decisions; helps others prioritize team and enterprise success over their own personal agenda
• Focuses on highest-priority work aligned to business goals; helps others effectively manage competing priorities.
• Proactively identifies opportunities to streamline work; creates process improvements that enhance efficiency for self and the team.
• Takes personal accountability for escalating, identifying, and managing potential risk; implements controls that enhance the client experience and operational effectiveness.
• Anticipates problems and proactively identifies solutions that address the root causes and result in meaningful improvements.
• Sets high expectations and invests the necessary effort to deliver excellence and exceed performance goals.
• Role-models and helps others to do the right thing for clients and Citi in all situations, even when difficult
• Engages key stakeholders early and often and actively looks for opportunities to improve collaboration in achieving common goals.
• Proactively seeks out opportunities to volunteer in Citi programs that support the community; advocates for solutions that meet the needs of Citi’s clients and the community