Credit Product Strategy - Vice President

Citi; Mumbai; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Citi in Mumbai seeks an experienced professional to strengthen the CPSO team focused on credit risk monitoring and risk mitigation. You will support design and testing to resolve issues across Institutional Credit Management and drive improvements in processes and client outcomes.

The role requires 9–12 years in banking/financial services, deep knowledge of credit risk systems, and strong communication and presentation skills. Travel up to 10% and opportunities for development are offered.

Qualifications

• 9–12 years of experience in Banking or FI Industry.

Responsibilities

• Accountability for Issue Resolution & Risk Mitigation by supporting design and testing to resolve MRAs/CAPs and SIIs across Institutional Credit Management.
• Support Portfolio Manager in identifying opportunities to reduce anomalies and drive operational consistency across Business Units.
• Identify governance mechanisms/controls to prevent recurrence of issues.
• Ensure adoption and improvement of Credit Risk Process Digitalization platforms with IT and end users across LoBs.
• Ensure timely completion of projects within CPSO book of work.
• Engage with regional stakeholders for effective resolution and risk mitigation.
• Explore AI/ML tools to optimize processes within ICM.
• Provide coaching to AVP, Associates and Senior Analysts to sustain credit culture.
• Participate in Learning and Training opportunities.
• Support DEI initiatives and leadership scores.
• Travel less than 10%.

Skills

Financial services

Credit risk

Stakeholder mgmt

Communication

MS Office

Presentation

Synthesis

Education

Finance/Accounting degree

Tools

Credit risk systems

Job description

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

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 defense.

In this role, you’re expected to:

• Accountability for effective Issue Resolution & Risk Mitigation by providing design and testing support to resolve MRAs/CAPs (Corrective Action Plans) and SIIs (Self-Identified Issues) across Institutional Credit Management (ICM)
• Support Portfolio Manager in Identification of opportunities to reduce anomalies and establish guidelines / best practices to drive operational consistency across Business Units. Improve Client experience by simplifying the implied support burdens currently borne by clients and coverage staff
• Identification of governance mechanisms / controls to prevent recurrence of issues
• 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.
• Support 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
• Identify scope to leverage new age tools (AI/ML) to optimize processes across the ICM organization
• Ensure ongoing and timely feedback and coaching of and AVP, 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%)

As a successful candidate, you’d ideally have the following skills and exposure:

• Demonstratable financial services experience, including 9-12 years in Banking or FI Industry
• Deep knowledge of Wholesale Credit Processes and Policies spanning the Credit Risk Value Chain
• Credit Officer (CO) or demonstrating the skills aligned with that designation
• Excellent and thorough knowledge of Credit risk systems
• Ability to synthetize complex information into clear, compelling presentations and well-structured analytical workbooks.
• High awareness and adherence to the control environment
• 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. Highly effective 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
• Strong written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority
• Advanced Microsoft Office (Word, Excel, and PowerPoint) skills

Education:

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

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Job Family Group

Product Management and Development

Job Family

Product Strategy and Planning

Time Type

Full time

Most Relevant Skills

Please see the requirements listed above.

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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