The Credit Portfolio Senior Officer II is a senior-level position responsible for leading activities including credit review, credit approvals and monitoring the portfolio to identify credit migration in coordination with the Risk Management team. The overall objective of this role is to manage Citi's portfolio exposure to client and counterparties globally.Responsibilities:Lead risk management activities associated with the retail credit portfolioValidate new account strategy development, account management strategy development and non-scoring modelsEnsure compliance with partner contract SLAs and managementConduct internal and external oversight reviewsPartner with various groups including Relationship Management and the Operating CommitteeMeet and exceed Partner/Citi Profit & Loss (P&L) and performance expectationsAppropriately 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.Qualifications:15+ years of experience in financial services and risk management requiredExperience with portfolio performance monitoring and diagnosticsKnowledge of toolsets including behavior scores, internal and external data sources, data mining/segmentation applicationsKnowledge of card product P&L dynamics and the interaction of consumer behaviors, product configuration and market/economic environmentsKnowledge and understanding of the retail partner business modelProven analytic and negotiation skillsDemonstrated successful in managing risk policy/strategy through the economic cycle and/or in various environmentsConsistently demonstrate clear and concise written and verbal communicationEducation:Bachelor's degree/University degree or equivalent experienceMaster's degree preferredThe RMCO is a senior risk representative that serve as the single point of contact for franchise-level Risk matters in each country. They play a critical role in oversight of review and challenge performed by Independent Risk Management in country and serve as key Risk partners to the respective Citi Country Officers (CCOs). RMCOs are expected to demonstrate working knowledge of all Risk verticals, regulatory issues, internal audit processes and issues, and awareness of how external events can affect their countries' exposures, liquidity, and operations. They are expected to build and maintain networks within countries and regions, foster teamwork among Risk teams in the countries, participate actively in regional and global Risk Management forums, and promote awareness of issues and concerns specific to their countries and regions. RMCOs provide critical second line of defense challenge in line with the Risk Governance Framework; they oversee all Risk-related regulatory and governance matters across all legal entities in each country and ensure timely escalation and resolution of Risk issues from all Risk segments through established escalation channels to the appropriate country, regional or global governance committees.Among key responsibilities of the RMCO, and as required by local regulators, are: Regulatory requirements, reporting, and engagement, Governance Standards, Stress Testing and Capital Planning, IFRS9, Legal Entity Management, Crisis Management, Climate Risk , Environmental, Social and Governance, and any additional franchise responsibility related to core role and responsibilities as second line of defense.------------------------------------------------------Job Family Group:Risk Management------------------------------------------------------Job Family:Credit & Portfolio Risk Management------------------------------------------------------Time Type:------------------------------------------------------Primary Location:Miami Florida United States------------------------------------------------------Primary Location Full Time Salary Range:$170,000.00 - $300,000.00In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.------------------------------------------------------Anticipated Posting Close Date:May 13, 2024------------------------------------------------------Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity reviewAccessibility at Citi.View the "EEO is the Law" poster. View theEEO is the Law Supplement .View theEEO Policy Statement .View thePay Transparency Posting
