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Credit Portfolio Officer- Loss Forecasting VP

Company: Citi
Location: Kennett Square
Posted on: May 15, 2022

Job Description:

The Credit Portfolio Senior Analyst is an intermediate-level position responsible for conducting credit reviews, credit approval and monitoring the portfolio to identify credit migration in coordination with the Risk Management team. The overall objective of this role is to manage Citi's portfolio exposure to clients and counterparties globally.Responsibilities:

  • Perform portfolio risk evaluation and credit loss forecasting for US Mortgage, Retail Banking, and Small Business accounts
  • Perform the CCAR related work with a comprehensive understanding of relevant model techniques, business operations, and regulatory requirements for both Champion model and Benchmark models
  • Provide econometric modeling and statistical analyses of large-scale mortgage data sets to identify relationships and trends among various loss factors
  • Conduct monthly loan-level and segment-level credit loss forecast for mortgage risk portfolio using Statistical Analysis Software (SAS) and other quantitative tools
  • Forecast month-over-month delinquency trends using econometric/statistical/non-statistical models
  • Conduct sensitivity analyses under various economic assumptions and variance walk between forecasts and actual figures
  • Develop and update monthly reports and presentations for senior management
  • Collaborate with loss reserve team to conduct risk assessment by recommending both adequate levels of credit loss reserves and management adjustments to reserves based on economic headwinds
  • Collaborate with various units of risk management business to understand and solve business problems
  • Contribute to the development of new techniques and improvement of processes and work-flows by applying in-depth disciplinary knowledge and integrating subject matter and industry expertise within Risk Management.
  • 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 behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.Qualifications:
    • 5+ years of relevant experience
    • Demonstrated ability to synthesize, prioritize and drive results with a sense of urgency
    • Proficiency in SAS, SQL and Excel
    • Working knowledge in Unix- Advanced knowledge will be an added advantage.
    • Ability and experience in working with large datasets will be an advantage
    • Proven ability to remain organized in a fast-paced environment
    • Ability to manage multiple projects
    • Curiosity and Drive to learn and improve
    • Proven interpersonal, organizational and analytic skillsEducation:
      • Bachelor's degree/University degree or equivalent experience in Economics, Statistics, Computer Science, Mathematics or any other Quantitative field-------------------------------------------------Job Family Group: Risk Management-------------------------------------------------Job Family:Credit & Portfolio Risk Management------------------------------------------------------Time Type:Full time------------------------------------------------------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 .View the "" poster. View the .View the .View the -----------------------------Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

Keywords: Citi, Wilmington , Credit Portfolio Officer- Loss Forecasting VP, Other , Kennett Square, Delaware

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