Credit Risk Strategy & Assurance Leader

Coleambally; Sydney; On-site; AUD 180,000 - 240,000; Full time

Benefits offered by this job

Senior role impact

Global learning resources

Career progression

Exposure to diverse industries

Job summary

Citi in Sydney seeks a Senior Credit Risk Officer to lead independent credit assessment and decisioning for the Citi Commercial Bank's Australian portfolio, holding individual credit authority and ensuring quality across diverse mid-market and large corporate clients.

You will mentor junior risk staff, collaborate with Relationship Managers and Underwriters on credit structuring, and contribute to portfolio reviews, stress testing, and key risk initiatives with Citi's global franchise.

Qualifications

• A minimum of 12 years of experience in corporate banking or credit risk management.
• Experience as a credit officer with delegated credit authority on complex transactions.
• Extensive experience with mid-market or large corporate clients and cash flow modelling.
• Strong knowledge of credit principles, loan structuring, and risk management frameworks.
• Excellent analytical and quantitative capabilities with clear credit judgements.
• Effective communication to both specialist and non-specialist stakeholders.
• Familiarity with loan documentation and credit structuring conventions.

Responsibilities

• Serve as final credit approver for Citi Commercial Bank proposals across transactions.
• Assess complex credit proposals using financial performance, structure, and risk factors.
• Perform historical and forward-looking financial analysis including cash flow modelling.
• Monitor a portfolio of commercial client credits and design risk mitigation strategies.
• Ensure all decisions comply with Citi risk policies and regulatory requirements.
• Collaborate with Relationship Managers and Underwriters on credit structuring and risk guidance.
• Mentor junior risk analysts and partners to strengthen credit analysis capability.
• Contribute to portfolio reviews, stress testing, and strategic risk initiatives.

Skills

Credit risk management

Delegated credit authority

Financial statement analysis

Cash flow modelling

Loan structuring

Risk management frameworks

Analytical capability

Communication skills

Stakeholder influence

Independence and integrity

Education

Bachelor's degree in Finance, Accounting, Economics

MBA, CFA, or advanced qualification

Job description

Citi Senior Credit Risk Officer

Citi is looking for a Senior Credit Risk Officer to join the Independent Risk Management team supporting the Citi Commercial Bank (CCB), with accountability for independent credit assessment and decisioning across a diverse portfolio of Australian commercial clients. The Citi Commercial Bank serves mid-market and commercial clients across Australia, providing a full suite of banking solutions - from lending and treasury to trade and working capital - backed by Citi's global network and expertise. In this senior role, you will hold individual credit authority and play a decisive part in maintaining the quality and integrity of the CCB's lending portfolio while enabling new business growth. This is a high-visibility opportunity to operate at the forefront of credit risk management within one of the world's leading financial institutions.

Responsibilities

• Serve as a final credit approver for the Citi Commercial Bank, exercising individual delegated credit authority to credit proposals across new transactions, renewals, and modifications.
• Assess complex credit proposals by evaluating borrower financial performance, credit structure, industry dynamics, business strategy, and key risk factors to form well-substantiated credit decisions.
• Conduct both historical and forward-looking financial analysis, including detailed cash flow modelling, to evaluate repayment capacity and inform credit outcomes.
• Monitor an assigned portfolio of commercial client credits, identify early signs of credit deterioration, and collaborate with business partners to design and execute risk mitigation strategies.
• Ensure all credit decisions and portfolio activities comply with Citi's risk management policies, procedures, and applicable regulatory requirements.
• Collaborate effectively with Relationship Managers, Underwriters, and other front-line teams to provide constructive guidance on credit structuring and risk identification, maintaining a balanced approach to risk and commercial opportunity.
• Mentor junior risk analysts and business partners, building credit analysis capability and reinforcing sound risk practices across the team.
• Contribute to portfolio reviews, stress testing, and strategic risk initiatives, delivering insights on portfolio trends, concentrations, and emerging risks to senior leadership.

Required Qualifications & Skills

• A minimum of 12 years of experience in corporate banking, credit risk management, or a related financial services discipline, with formal credit training as a foundation.
• Demonstrated experience as a credit officer holding delegated credit authority, with a track record of independent credit decisioning on complex transactions.
• Extensive experience managing credit for mid-market or large corporate clients, including in-depth financial statement analysis and cash flow modelling.
• Expert knowledge of credit principles, loan structuring, lending practices, and risk management frameworks.
• Strong analytical and quantitative capability, with the ability to interpret complex financial information and make clear, well-supported credit judgements.
• Effective communication and influencing skills, with the ability to present and defend credit positions clearly to both specialist and non-specialist stakeholders.
• In-depth familiarity with loan documentation and credit structuring conventions, combined with the ability to operate with a high degree of independence and integrity in a fast-paced, global environment.

Beneficial Skills & Qualifications

• A bachelor's degree in Finance, Accounting, Economics, or a related field provides a strong foundation for this role.
• An MBA, CFA, or other advanced qualification is highly regarded and reflects the analytical depth expected at this level.

What We Offer

• A high-visibility senior role with direct influence over the quality and performance of the commercial banking credit portfolio.
• Exposure to a broad range of industries and complex financing structures, deepening expertise across the commercial lending landscape.
• Regular engagement with senior leaders across Citi's global franchise, creating meaningful career progression pathways.
• Access to Citi's global learning and development resources, supporting continued professional growth at a senior level.

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