Credit Portfolio Officer - VP - BUDAPEST

Institutional Credit Management (ICM) works closely with our Banking & International businesses to serve as a critical component of our First Line of defence for wholesale and counterparty credit risk management and also with our Independent Risk partners to ensure best-in-class risk and controls, as well as client responsiveness. Key responsibilities include portfolio analysis, documentation, risk identification, management, monitoring, administration, and stress testing.The ICM Legal Entity Portfolio Manager will report into the Portfolio Management – Legal Entity chain and will be responsible for managing the processes and systems for the detection of early signals of distress within legal entity wholesale portfolio, through a selected number of metrics and indicators for Portfolio Health, Risk appetite and Limits Management and Early Warning.In this role, the Legal Entity Portfolio Manager will be responsible for liaising with other teams within ICM Portfolio Management, other ICM teams, Risk Management, and business partners, and executing on the monitoring strategies and priorities, as well as contributing to the calibration of alerts, metrics and indicators for maximum efficacy.The Legal Entity Portfolio Manager is expected to produce recommendations to the portfolio owners that may include portfolio reviews, stress tests, risk appetite and underwriting criteria recalibrations, reclassification of facilities, risk rating changes among others.Key Responsibilities:Ensuring the portfolio management of applicable portfolio is consistent with industry leading practices and conforms to all internal credit procedures/policies, and all related regulatory expectationsContinuous engagement across ICM and with Wholesale businesses and Independent Risk senior stakeholdersunderstand any concerns regarding execution of EW / portfolio alerts and/or emerging risks which will need to be addressed by the teamExecute plans, strategy and objectives for EWCM / PMLE in an effective and innovative fashion; assess and report progress in meetings objectives including promotion of a healthy working culturePartner with applicable global, regional and industry stakeholders across ICM and within WCR and Independent Risk in the design and calibration of metrics and indicators for EW and Portfolio Health, and credit monitoring standards for applicable portfoliosAssist in retaining talent; participate in budget development and monitoring of expensesAssist as Subject Matter Expert in developing/enhancing Learning, Develop and Training for EWCM and PMLE; participate as guest speakersSupport PMLE, ICM, and WCR on internal projects and initiativesSupport PMLE and ICM Voice of the Employee (VOE) initiativesTravel (less than 25%)Qualifications:Degree in Finance or Accounting or higher degree in Business (MBA), or any other related subjectAn MBA, CPA, CFA preferred, and formal credit training is a plusFinancial Services experience including 6+ years of credit experience in Banking or Credit Risk ManagementExperience and requirements for the role:Superior risk assessment skillsFully conversant in credit policy and risk principles and perceived as a respected carrier of risk cultureAbility to recognize and address major types of risk, including market, operational and cross borderSolid knowledge in risk and regulatory capital issues as they relate to transactions, portfolios and businessesProactively engages team, partners and seniors to collaborate holistic client-centric approachHighly Effective interpersonal skillsSolid organizational skillsExceptional written and verbal communication skillsCredit Underwriting experience is an advantage------------------------------------------------------Job Family Group: Risk Management------------------------------------------------------Job Family:Portfolio Credit Risk Management------------------------------------------------------Time Type:Full time------------------------------------------------------Most Relevant SkillsAnalytical Thinking, Constructive Debate, Escalation Management, Industry Knowledge, Policy and Procedure, Policy and Regulation, Process Execution, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.------------------------------------------------------Other Relevant SkillsFor 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.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 review Accessibility at Citi.View Citi’s EEO Policy Statement and the Know Your Rights poster.