Institutional Credit Management (ICM) is a world class In-Business/1LoD organization dedicated to the development and execution of an end-to-end wholesale credit management platform.

This position will be part of the Counterparty Credit Risk (CCR) Real Money Funds (RMF) Underwriting Team under the Institutional Credit Management (ICM) group and be responsible for underwriting credit facilities for Real Money Funds, Investment Advisors, Pension Funds, Endowments, and Foundations. The role involves measuring, monitoring and controlling counterparty risk for institutional clients. Analyzing portfolios and businesses, with a focus on counter-party and collateral risk to ensure the risks are being properly measured and controlled in accordance with the Firms risk policies.

**Key Responsibilities:**

Maintain and manage credit exposures to clients across derivatives, financing and direct lending products for Asset Managers, Regulated Funds, and Pension Funds

Approve credit reviews as a first line of defense approver (Credit Officer Designation) including assessment of portfolio risk, liquidity of client positions, credit limits and risk appetite ratios

Negotiation of trading documentation (ISDA, MSFTA, etc.) particulary when dealing with non-standard credit terms

Advise and approve large transactions or deals that require individual risk assessment

Work with Risk colleagues on risk mitigation at both inception of transactions and on an ongoing basis

Partner with businesses and quantitative teams on risk measurement enhancements, margin model development, new product approvals and real-time monitoring and controls

Analyze and monitor client portfolios to ensure that risks are controlled - primarily credit risk arising from market sensitive exposure and liquidity risk

Develop and utilize risk management tools for the measurement, monitoring and management of exposure and participate in project management of strategic risk infrastructure development.

Represent the department to various independent risk teams, auditors and regulatory agencies on issues related to counterparty risk and controls.

Coaching junior team members to ensure consistent underwriting standards and to maintain quality outputs

Assist in recruiting of talents, elevate team profile as a senior representative team member

**Required Knowledge and Experience:**

Relevant credit underwriting experience covering Asset Managers, Funds, Hedge Funds, and/or Financial Institutions counterparties

Experience with managing credit risk OR training in finance, mathematics, risk management or quantitative fields

6 years credit risk experience at a major financial institution, preferably with managerial responsibilities

Good knowledge of trading products, including derivatives, as well as lending products, including syndicated loans.

?

**Skills:**

Credit review and analysis techniques, ability to proactively identify and remediate risk issues

Strong understanding of portfolio risk and its impacts on counterparty credit risk, across multiples asset classes including rates, equities, credit and commodities

Stress testing techniques, instrument modelling skills desirable

Ability to think from first principle and challenge assumptions

Strong Excel skills ideally incorporating VBA (Visual Basic for Applications), programming skills in Python, R or other statistical languages is a plus

**Education:**

Bachelors/Master's degree in mathematics, science, finance/economics, risk management or a related field required

An MBA, CPA, or CFA preferred and formal Credit Training is a plus

------------------------------------------------------

**Job Family Group:**

Risk Management

------------------------------------------------------

**Job Family:**

Credit & Portfolio Risk Management

------------------------------------------------------

**Time Type:**

Full time

------------------------------------------------------

**Primary Location:**

New York New York United States

------------------------------------------------------

**Primary Location Full Time Salary Range:**

$129,840.00 - $194,760.00

In addition to salary, Citis 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:**

Jun 11, 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 review **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .

View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .

View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_ English_formattedESQA508c.pdf)

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.