GCG - Credit Portfolio Officer - Investment Lending (Vice President)

Recruiter
Citibank NA
Location
Singapore
Salary
Competitive
Posted
27 Jun 2018
Closes
30 Jun 2018
Ref
3703162
Sector
Banking and financial services
Contract type
Permanent
Hours
Full time
  • Primary Location: Singapore,Singapore,Singapore
  • Education: Bachelor's Degree
  • Job Function: Risk Management
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 18032221


Description

Profile Summary:
Credit Portfolio Officer - Investment Lending (Vice President) supports the Investment secured Portfolio for GCB and IPB businesses. Singapore Consumer Investment lending portfolio is the largest internationally and covers both MSBF (Margin/Investment Lending) and Insurance Premium Finance products.
This risk role is primarily responsible for managing Portfolio risk, mark to market and Credit/regulatory reporting. The role involves regular interaction with Sales/Relationship Manager, Business heads, Credit Operations, Operations and Technology functions, Regional/Global risk management including Co-ordination with One Citi Credit Risk functions in Private Banking Business.
The position reports to Investment Lending Risk Head, Singapore in the Citi Singapore Ltd, Consumer Risk Management team.
Key Functions include:
  • Work with Risk Manager to evaluate, analyze, recommend/approve large ticket credit requests and collateral evaluation in line with Global policies
  • Provide oversight for Portfolio MIS (Internal & Regulatory), MTM activities for investment lending.
  • Actively lead Stress testing, ICAAP, portfolio reviews and other key activities related to investment lending
  • Drive strategic initiatives and new product launches impacting Investment Secured Lending product
  • Identify and establish/enhance key controls by leading technology upgrades/automation. Contribute to system changes, conduct UAT, manage/analyze large datasets using tools like SAS/SQL, provide oversight to team on system cutovers impacting margin Lending and related areas from collateral monitoring perspective
  • Build and participate cross team relationships with Business, operations and Regional risk team to effectively manage the business.
  • Provide adequate training to team members and other functional stakeholders.
  • Assist in FCR and other regulatory reviews. Identify, escalate existing and potential risks and take corrective actions as appropriate.


Qualifications

Qualifications:
  • Ideal candidate will have a Finance/Math/Stat/Engg. degree holder with at least 10-12 years of work experience in risk and/or credit preferably in consumer/retail banking
  • Knowledge of wealth management, understanding of global financial market and dynamics of financial instruments are critical for the role
  • Demonstrates strong ethics and integrity.
  • Expertise in SAS, Data analytics technique and programming is required
  • Excellent analytical skills - Able to manage large transaction / data request flow; proficient analytical skills that are applicable across different asset classes, products and customer classes.
  • Problem Recognition - Ability to eliminate recurring problems and reduce costs associated with unresolved process/product challenges. Ability to breaking down complex matters into core issues and root causes that can be more readily addressed. Prioritizes high impact potential problems effectively; proficient in developing new ideas and improving current processes
  • Sensitivity to macro and regulatory issues and their impact from a risk management perspective
  • Good communication skill (verbal and written) and able to interact well with risk management, Business seniors as well as internal auditors and external regulators. Ability to convince others through knowledge, analysis and communication skill is key requirement for the role.
  • Be an effective team player and also coach junior staff, challenges their conclusions and assumptions.
  • Proven ability to balance Risk and Reward and provides well-reasoned, balanced assessments of risk/return trade-offs associated with transactions and client relationships.

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