In-Business Credit Risk Senior Reviewer for Wealth Management

Full Time
Irving, TX
Posted
Job description

Citi Global Wealth

Citi Global Wealth (CGW) is a trusted advisor to the world’s wealthiest, most influential Individuals and families. Like Citi’s government, institutional and multinational corporate clients, CGW clients

receive bespoke service and access to the best ideas and solutions tailored to their unique needs and

aspirations. CGW offers a wide range of products and services covering capital markets, managed

investments, portfolio management, trust and estate planning, investment finance and banking. Among its select clients are a third of the world’s billionaires, many of whom are globally minded entrepreneurs with an expectation of an institutional level of service, who take advantage of Citi’s integrated approach to wealth management. CGW is represented by more than 1,000 private bankers, investment professionals and product specialists across a network of 90 offices in 33 countries and over 128 currencies worldwide, making it the most global private bank.

Job Purpose:

  • The WCM Quality Assurance function (QA) verifies that established standards and processes are followed and consistently applied. CGW Management use the results of the quality assurance reviews to assess the quality of the group’s policies, procedures, programs, and practices as relates to end-to-end risk analysis. The results help management identify weaknesses and risks associated with the credit analysis function, training needs, and process deficiencies, among others.
  • The QA Governance and Strategy Senior Lead manages a team of QA officers, responsible for supporting the timely and proper end-to-end execution of the QA Review function. This is a key role that connects with other QA stakeholders from across different Business Units and lines of defence.
  • The successful candidate will need to be a self-starter, who can successfully work in a team environment, sometimes under time constraints, and be able to ensure adherence to all processes and procedures.

Job Background/Context:

The Wealth Credit Management (WCM) team within CGW supports the offering of a diverse range of

lending products including margin and securities-backed finance, commercial and residential real estate finance, aircraft, subscription credit facilities and art-backed finance, among others.

The Quality Assurance Reviewer is a seasoned professional who challenges the quality, accuracy, and

completeness of the content of Credit Approvals to confirm the Investment Finance Underwriting team adheres and consistently applies the established policies, standards, and processes. This role supports future career opportunities in the lending space, including underwriting, as well as internal control and risk review functions across Citi.

Key Responsibilities:

  • Identification and escalation of exceptions and issues as it relates to non-compliance with business procedures, policies, and guidelines.
  • Production, issue and tracking of monthly and quarterly reports in support of the business including, but not limited to, timely completion of annual reviews, interim reviews, and classified credit reviews.
  • Liaise with IF Specialists to confirm and resolve fails, and issues identified through the QA Review.
  • Assist with Internal Audit and Fundamental Credit Risk deliverables
  • Support activities related to corrective actions
  • Appropriately 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 behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Development Value:

For the right individual, this role provides an excellent opportunity to further develop a career in the lending space, as well as new quality assurance and control skills that are applicable in corporate, commercial and wealth management financial institutions, with the added benefit of being able to see the entire breadth of the loan product offering in a portfolio management capacity.

Qualifications:

  • BA/BSc or higher degree in Business (MBA), or another related subject.
  • Extensive experience in Credit Analysis and/or Underwriting in the Corporate, Commercial, and/or High Net Worth lending space.
  • Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

Competencies:

  • Excellent working knowledge of Excel, Word, and PowerPoint.
  • Excellent communication (written and verbal)
  • Strong interpersonal and organizational skills
  • Effective team leader and a team player with strong initiative
  • Excellent attention to detail
  • Ability to work under pressure to tight deadlines
  • Demonstrates initiative with an interactive approach to problem solving
  • Ability to manage work across different time zones, including North America, Europe, and Asia
  • Working knowledge of core Citi Global Wealth credit systems and applications desirable but not essential.

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Job Family Group:

Private Client Product Services

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Job Family:

IF Lending Generalist

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Time Type:

Full time

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Primary Location:

Irving Texas United States

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Primary Location Salary Range:

$84,480.00 - $126,720.00

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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 review Accessibility at Citi.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

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