Head of Limits Management & Portfolio Analytics

Citi • New York, NY

21h

About The Position

We are seeking a highly accomplished and strategic leader to join Banking & International Risk (BIR) as the Head of Limits & Portfolio Analytics. This critical Second Line of Defence role will be responsible for defining, implementing, and overseeing the firm's global framework for Wholesale Credit Risk (WCR) Limits Management and advanced WCR portfolio analytics. The successful candidate will drive the strategic direction, development, and execution of robust processes and methodologies to monitor, measure, and manage credit risk concentrations and overall portfolio health across all wholesale business lines and geographies. This role requires deep expertise in credit risk, strong analytical capabilities, exceptional leadership and partnership skills, and the ability to influence at the highest levels of the organization. Key Responsibilities Limits Management Framework Ownership: Maintain a comprehensive global credit limits framework that effectively identifies, measures, monitors, and controls credit risk concentrations. Proactively simplify and improve existing WCR limits policies, procedures, and processes. Oversee the review, and approval of all WCR limits (e.g., single name, country, industry, product, sector) in collaboration with First Line of Defence businesses, regional risk teams, and senior risk committees. Ensure robust processes for limit monitoring, breach management, and timely escalation, adhering to regulatory requirements and internal policies. Advanced Portfolio Analytics Development: Drive the identification of emerging credit risks, portfolio vulnerabilities, and opportunities through in-depth analysis of portfolio data, market trends, and macroeconomic factors. Lead the development and enhancement of advanced credit portfolio analytics tools, and methodologies, including the application of AI-led tools and applications. Oversee the production of insightful portfolio risk reporting for senior management, board, and regulatory bodies. Strategic Leadership: Develop and articulate the strategic vision and roadmap for Limits Management and Credit Portfolio Analytics, in alignment with the firm's overall risk appetite and business objectives. The new role brings together limits management expertise from across BIR into one team, including country, real estate, and public sector limits oversight. Lead the evolution of credit risk analytics capabilities, leveraging cutting-edge techniques and technologies to enhance insights and improve senior level decision-making. Represent the team on credit risk limits and portfolio matters in interactions with senior management, Board committees, regulators, and external stakeholders. Team Leadership and Development: Lead, mentor, and develop a high-performing team of quantitative analysts and risk professionals. Foster a culture of excellence, innovation, continuous improvement, and strong risk management principles within the team. Manage resource allocation, performance management, and career development for the team. Regulatory Engagement & Compliance: Ensure compliance with all relevant regulatory requirements related to credit risk limits and portfolio management. Act as a primary point of contact for regulators on matters pertaining to limits and portfolio analytics, effectively communicating the firm's capabilities and risk management practices. Cross-Functional Collaboration: Partner closely with business leaders, finance, ICM, and other risk functions to integrate credit risk insights into strategic planning, capital allocation, and business decisions. Collaborate with technology teams to drive the implementation and enhancement of risk systems and data infrastructure. Qualifications Required: Education: Master's degree or PhD in a quantitative field such as Finance, Economics, Statistics, Mathematics, Physics, or Computer Science. Experience: 15+ years of progressive experience in credit risk management, with a significant portion in a senior leadership role within a major global financial institution (e.g., GSIB, investment bank). Extensive experience in developing and managing credit limits frameworks, including single name, concentration, and country limits. Proven track record in leading and driving advanced credit portfolio analytics, leveraging stress testing, and risk appetite/capital methodologies. Strong grasp of financial products across wholesale portfolios. Demonstrated experience in managing large-scale teams and driving complex projects. Experience in regulatory examinations and successfully navigating complex regulatory landscapes. Leadership Skills: Exceptional strategic thinking, problem-solving, and decision-making abilities. Superior communication and presentation skills, with the ability to articulate complex concepts clearly and concisely to diverse audiences, including senior executives and regulators. Proven ability to build and maintain strong relationships with internal and external stakeholders, and senior management Demonstrated ability to influence and drive change in a complex organizational environment. Advantageous Technical Skills: Deep understanding of credit risk models (PD, LGD, EAD), stress testing methodologies, and economic capital frameworks. Proficiency in statistical and analytical tools/languages (e.g., Tableau, SAS, SQL). This role offers a unique opportunity to shape the credit risk landscape, contributing directly to Citi’s strategic growth and transformation goals.

Requirements

• Master's degree or PhD in a quantitative field such as Finance, Economics, Statistics, Mathematics, Physics, or Computer Science.
• 15+ years of progressive experience in credit risk management, with a significant portion in a senior leadership role within a major global financial institution (e.g., GSIB, investment bank).
• Extensive experience in developing and managing credit limits frameworks, including single name, concentration, and country limits.
• Proven track record in leading and driving advanced credit portfolio analytics, leveraging stress testing, and risk appetite/capital methodologies.
• Strong grasp of financial products across wholesale portfolios.
• Demonstrated experience in managing large-scale teams and driving complex projects.
• Experience in regulatory examinations and successfully navigating complex regulatory landscapes.
• Exceptional strategic thinking, problem-solving, and decision-making abilities.
• Superior communication and presentation skills, with the ability to articulate complex concepts clearly and concisely to diverse audiences, including senior executives and regulators.
• Proven ability to build and maintain strong relationships with internal and external stakeholders, and senior management
• Demonstrated ability to influence and drive change in a complex organizational environment.

Nice To Haves

• Deep understanding of credit risk models (PD, LGD, EAD), stress testing methodologies, and economic capital frameworks.
• Proficiency in statistical and analytical tools/languages (e.g., Tableau, SAS, SQL).

Responsibilities

• Maintain a comprehensive global credit limits framework that effectively identifies, measures, monitors, and controls credit risk concentrations.
• Proactively simplify and improve existing WCR limits policies, procedures, and processes.
• Oversee the review, and approval of all WCR limits (e.g., single name, country, industry, product, sector) in collaboration with First Line of Defence businesses, regional risk teams, and senior risk committees.
• Ensure robust processes for limit monitoring, breach management, and timely escalation, adhering to regulatory requirements and internal policies.
• Drive the identification of emerging credit risks, portfolio vulnerabilities, and opportunities through in-depth analysis of portfolio data, market trends, and macroeconomic factors.
• Lead the development and enhancement of advanced credit portfolio analytics tools, and methodologies, including the application of AI-led tools and applications.
• Oversee the production of insightful portfolio risk reporting for senior management, board, and regulatory bodies.
• Develop and articulate the strategic vision and roadmap for Limits Management and Credit Portfolio Analytics, in alignment with the firm's overall risk appetite and business objectives.
• Lead the evolution of credit risk analytics capabilities, leveraging cutting-edge techniques and technologies to enhance insights and improve senior level decision-making.
• Represent the team on credit risk limits and portfolio matters in interactions with senior management, Board committees, regulators, and external stakeholders.
• Lead, mentor, and develop a high-performing team of quantitative analysts and risk professionals.
• Foster a culture of excellence, innovation, continuous improvement, and strong risk management principles within the team.
• Manage resource allocation, performance management, and career development for the team.
• Ensure compliance with all relevant regulatory requirements related to credit risk limits and portfolio management.
• Act as a primary point of contact for regulators on matters pertaining to limits and portfolio analytics, effectively communicating the firm's capabilities and risk management practices.
• Partner closely with business leaders, finance, ICM, and other risk functions to integrate credit risk insights into strategic planning, capital allocation, and business decisions.
• Collaborate with technology teams to drive the implementation and enhancement of risk systems and data infrastructure.

Benefits

• In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.
• Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
• Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
• For additional information regarding Citi employee benefits, please visit citibenefits.com.
• Available offerings may vary by jurisdiction, job level, and date of hire.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive