What are the responsibilities and job description for the Credit Risk Portfolio Manager, SVP position at Citigroup Inc?
An SVP on the Second Line of Defense (2LOD), Hedge Fund Credit Team, will be responsible for managing Citi's credit risk, providing review and challenge to the First Line of Defense (1LOD) Institutional Credit Management (ICM) team based on risk appetite, policies, exceptions, and credit analysis and final approval regarding a portfolio of the firm's Hedge Fund relationships.
The analyst will be responsible for the following :
- Providing review, challenge and final approval of initial and annual credit reviews conducted by ICM on a portfolio of hedge funds.
- From 2LOD perspective, approving credit facilities, specific transactions, and exceptions within delegated credit authority.
- Approving trade exceptions while communicating with the sales team when necessary.
- Advancing and innovating risk management tactics.
- Streamlining processes and changing firm-wide policies and procedures to be more reflective of current market conditions.
- Reviewing and challenging credit-related terms in ISDA, MRA, MSFTA and other capital markets documentation proposed by the 1LOD.
- Partnering with a specific trading desk within the firm and educating the team on the risks associated with their given desk(s).
- Interacting with ICM team, Hedge Fund clients, trading desks, operations and legal.
- Providing leadership and guidance to junior staff.
Qualifications :
The ideal candidate will have experience managing a complex portfolio of hedge funds - spanning the various strategies traded by these counterparties.
The candidate should also possess the following qualifications :
Risk Management
Credit & Portfolio Risk Management
Full time
Getzville New York United States
115,840.00 - $173,760.00
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.
Oct 02, 2024
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Citi is an equal opportunity and affirmative action employer.
Minority / Female / Veteran / Individuals with Disabilities / Sexual Orientation / Gender Identity.
Salary : $115,840 - $173,760
