Western Europe Sovereign Credit Officer - AVP

Recruiter
Citi
Location
London, United Kingdom
Salary
Competitive
Posted
04 Dec 2022
Closes
18 Dec 2022
Ref
18012490
Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Sovereign Credit Management (SCM) is responsible for establishing a consistent view of country risks and sovereign creditworthiness for Citigroup and for underwriting the firm's sovereign exposures. It is a new organizational construct that is a part of the firm's broader transformation efforts to make Citi more competitive and stronger in managing risks. Sitting in the 1st Line of Defense, SCM partners closely with Citi's Franchise Management (Regional CEOs/Chief Country Officers), BCMA, Global/Local Markets Treasury, and other Institutional Credit Management (ICM) underwriting teams, to ensure that country/sovereign risk views are appropriately reflected in the management of Citi's international franchises and full spectrum of sovereign exposures across Citigroup.
Within SCM, the credit underwriting function provides analysis, greenlight, underwriting, first-line-of-defense credit approval and subsequent credit monitoring for sovereign credit extended across all ICG wholesale credit businesses including Banking, Capital Markets, and Advisory (BCMA), Global Structured Products, Financings, and Securitizations (GSP-F&S), Treasury & Trade Services (TTS), Markets, and Securities Services (MSS).

SCM is looking for a Sovereign Credit Officer for Western Europe (WE). This role reports to the Head of Western Europe Sovereign Credit Underwriting.

KEY RESPONSIBILITIES:
  • Support the credit underwriting for portfolio of Western European sovereign clients/exposures
  • Ensure continuous adoption of leading practices in credit analysis, underwriting, and monitoring and drives global consistency across regions
  • Promote function's close engagement with Regional Business Heads, Independent Risk, regulators, and other control functions to allow critical emerging areas of credit risk to be well understood and disseminated throughout the organization
  • Facilitate relationships with key clients in Banking and Risk and with key Regulators, Internal Audit, and control functions
  • Partner with other senior underwriters on strategic initiatives/projects
SPECIFIC RISK EXPERIENCE:
  • Prior experience as a credit officer with responsibility for producing credit memos that support decisions to take credit exposure arising from lending and derivative products
  • Experience in and exposure to global credit risk management standards
  • Ability to understand capital markets products and complex financing and product structures
  • Able to discuss and address issues associated with the allocation of risk assets and risk capital in partnership with banking and product organizations
CLIENT RELATIONSHIPS / BUSINESS PARTNERSHIP:
  • Ability to understand nuances of local markets, local regulation, and the capabilities and practices of competitors
  • Navigates organizational complexity and breaks silos
  • Creates and sustains a network of strong partnerships with the business in all segments & geographies and other risk functions
  • Provides well-reasoned, balanced assessments of risk/return trade-offs associated with transactions and client relationships
QUALIFICATIONS:
  • Relevant years in risk/risk-related credit work experience in banking/financial institution environment
  • Demonstrates strong ethics and integrity
  • Possess strong leadership attributes; dynamic, flexible, and with strong communication skills
  • Ability to see the 'big picture' in a complex environment
  • Can make decisions under pressure and short timeline
  • Excellent verbal & written communication skills. Active listening skills.
  • Demonstrated influencing and negotiating ability, resolve conflicts amongst various constituencies
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Job Family Group:
Risk Management -------------------------------------------------
Job Family:
Credit Decisions ------------------------------------------------------
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.

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