Director, Risk Manager, Wealth Risk Management - Hybrid

We live in an increasingly complex world. Companies these days are either born global or are going global at record speed. Business and geopolitics are forging an entirely new dynamic and consumers now expect financial services to be a seamless part of their digital lives. Citi is a bank that’s uniquely positioned for this moment. Through our vast global network and our on-the-ground expertise, we can connect the dots, anticipate change and empathize the needs of our clients and customers in ways that other banks simply cannot.

Shape your Career with Citi

Citi’s Risk Management organization oversees Citi’s risk governance framework and risk appetite, ensures all risks generated by the firm’s businesses are measured, reviewed, and monitored on an ongoing basis.

We’re currently looking for a high caliber professional to join our team as Director, Risk Manager, Wealth Risk Management - Hybrid (Internal Job Title: Credit Portf Sr Officer II - C15) based in Singapore. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decisions and manage your financial well-being to help plan for your future. For instance:

• We empower our employees to manage their financial well-being and help them plan for the future.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
• We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

This is a senior-level position responsible for leading risk management activities including credit consultations, reviews and approvals in Citi’s Wealth business across Asia North & Australia and Asia South Clusters. The role requires monitoring of portfolio to identify trends, anticipate stress events that could impair performance and take proactive actions to ensure zero cost of credit. The role also requires partnership and active engagement with Country Risk Management to ensure that the Wealth credit portfolio is compliant with regulations. The overall objective of this role is to manage Citi's portfolio exposure to clients and counterparties globally.

In this role, you’re expected to:

• Lead risk management activities associated with the Wealth’s Wholesale Credit Portfolio.
• Conduct internal and external oversight reviews.
• Provide credible challenge on all risk generating activities for improved decision-making, increased efficiency and leverage lessons learnt to drive process improvements and future enhancements.
• Partner with stakeholders, including Lending Advisors, Wealth Banker teams, Wealth Underwriting and Product Specialists, to ensure that we align with Citi’s global operating structure and global Risk team to drive efficiencies and greater focus on clients that we serve.
• Conduct or participate in Wealth portfolio reviews to understand how risk-taking activities and stress testing shape portfolio performance; undertake proactive risk management actions to ensure that business operates within risk appetite.
• Develop risk talent, including conducting regular risk trainings.
• 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.

As a successful candidate, you’d ideally have the following skills and exposure:

• Bachelor's degree and/or professional qualification (CA/ CFA).
• Master's degree preferred.
• Existing Senior Credit Officer (SCO) with extensive years of experience in banking/ financial services.
• Comprehensive understanding of strategic direction of the function.
• Demonstrated experience in managing client relationship/ obligor risk through economic cycles and managing wholesale credit in remedial mode.
• Consistently demonstrate clear and concise written and verbal communication; proven analytic and negotiation skills.
• Comprehensive understanding of the industry dynamics and key banking products.
• In-depth conceptual/practical grounding in the function and/or expertise in related subject areas.
• Exercises effective people management skills.

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Take the next step in your career, apply for this role at Citi today

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Job Family Group: Risk Management

Job Family: Portfolio Credit Risk Management

Time Type: Full time

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