Credit Product Strategy - Assistant Vice President

Citi; Mumbai; On-site; INR 15,00,000 - 20,00,000; Full time

Job summary

A global financial services company in Mumbai is seeking an experienced professional to join their CPSO team. The role involves risk mitigation, issue resolution, and operational consistency. Candidates should have 6–9 years of experience in the Banking sector and strong interpersonal, organizational, and communication skills. A degree in Finance or Accounting is required.

Responsibilities

• Provide testing support to resolve MRAs/CAPs across Institutional Credit Management.
• Support Portfolio Manager in effective Issue resolution and Risk Mitigation.
• Drive operational consistency across Business Units with best practices.

Skills

Financial services experience

Interpersonal skills

Organizational skills

Communication skills

Microsoft Office skills

Education

BA/BSc in Finance or Accounting or higher degree (MBA, CFA)

Job description

Overview

CPSO team comprises senior Banking and Credit Risk SMEs along with specialized staff with a broad mandate spanning all of credit monitoring, portfolio management, collateral management, transaction management, credit risk middle office, quality assurance, issues management and regulatory issue remediation. The team’s objective is to ensure exceptional outcomes for Citi’s clients while sustaining industry leading safety and soundness as regards credit risk management by the first line of defence.

Key Responsibilities

• Effective Issue Resolution & Risk Mitigation by providing testing support to resolve MRAs/CAPs (Corrective Action Plans) and SIIs (Self-Identified Issues) across Institutional Credit Management (ICM).

• Support Portfolio Manager and Assistant Portfolio Manager in Partnership and Continuous engagement with applicable regional and industry stakeholders in ICM, CB, CCB, Wealth and Risk for effective Issue resolution and Risk Mitigation.

• Implementation of best practices inline with established guidelines to drive operational consistency across Business Units.

• Ensure on-time adoption and continued improvement of the Credit Risk Process Digitalization platforms in partnership with ICM Product Development, Technology, and end users across all LoBs.

• Ensure timely completion of projects within the CPSO book of work.

• Following established governance mechanisms / controls to prevent recurrence of issues.

• Identify scope to leverage new age tools (AI/ML) to optimize processes across the ICM organization.

• Ensure ongoing and timely feedback and coaching of Associates and Senior Analysts to sustain a strong credit culture and an unwavering commitment to excellence in analysis and execution.

• Actively participate in Learning, Development and Training opportunities including instructor led courses.

• Support CPSE VoE Engagement, Belonging (DEI), and Leadership scores.

• Travel (less than 10%).

Knowledge/Experience

• Demonstratable financial services experience, including 6-9 years in Banking or FI Industry.

• Deep knowledge of Wholesale Credit Processes and Policies spanning the Credit Risk Value Chain.

• Sound and thorough knowledge of Citi´s systems.

• Significant experience in preparing presentations for seniors.

• Outstanding awareness and adherence to the control environment.

Skills/Competencies

• Strategic orientation to ensure the team continues to be positioned as a thoughtful and proactive partner in providing effective resolutions and best practices for Risk Mitigation across Business units.

• Proven culture carrier. Well-developed interpersonal skills, with the ability to build relationships and exert influence with and without direct authority.

• Strong organizational skills with ability and willingness to work under pressure and manages time and priorities effectively with little to no supervision.

• Clear written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority.

• Intermediate Microsoft Office (Word, Excel, and PowerPoint) skills.

Qualifications

• BA/BSc in Finance or Accounting or higher degree in Business (MBA), or CFA, or any other related subject.

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Job Family Group: Business Strategy, Management & Administration

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Job Family: Strategy & Development

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Time Type: Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

--------------------- Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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