Credit Portfolio Officer- Loss Forecasting VP - Hybrid
Company: Citi
Location: Wilmington
Posted on: August 8, 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
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-----------------------------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 - Hybrid, Other , Wilmington, Delaware
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