ICM Risk Analysis Credit Risk Associate (C12/AVP) Houston, TX

Citigroup • Houston, TX

208d • $96,400 - $144,600

About The Position

Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a first line of defense business line, to house and consistently manage credit risk activities performed for Citi's institutional clients. ICM's objective is to provide integrated end-to-end credit underwriting, identification, measurement, management, and monitoring for wholesale credit across the enterprise. Within ICM, the Credit Underwriting function (“ICM UW” or “UW”) provides credit analysis, underwriting, and first line of defense credit approval for periodic / material transaction reviews, and any necessary subsequent credit monitoring across all institutional business including Corporate Banking, Services, and Markets relationships. ICM Risk Analysis (“IRAU”) is an integral part of the Institutional Credit Management (“ICM”) organization. The IRAU's mandate is to deliver best-in-class credit risk analysis, monitoring and credit administration acting as a partner to Banking & International Risk and Corporate Banking to execute our shared commitment to ensuring the safety and soundness of wholesale lending across Client Organization. ICM Risk Analysis Credit Risk Associates are responsible for a portfolio of institutional relationships, owning the Credit Risk Analysis for those relationships, and being responsible for the continuous monitoring of that portfolio. That includes the production of Annual Reviews, Quarterly Reviews, and the support to ad-hoc transactions and portfolio & industry reviews and stress testing. A Credit Risk Associate is expected to have a deep understanding of credit risk, of Citi´s internal policies and procedures, and knowledge of industry fundamentals that the portfolio belongs to. They should need minimal supervision from their respective Team Lead and be able to carry thoughtful conversations with partners. This role has responsibility for the NAM Commodities portfolio and the role reports directly to the Underwriter Manager.

Requirements

• BA/BSc in Finance or Accounting or higher degree in Business (MBA), or any other related subject.
• Financial Services experience including 3-5 years of credit experience in Banking or Credit Risk Management.

Responsibilities

• Assess the credit and financial strength of Citi's most complex Large Corporate, Public Sector, and Financial Institutions Clients by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors.
• Complete Credit Approval Memos (CAMs) and Final Obligor Risk Ratings (FORR) of Citi's Counterparties based on independent assessment and judgement; completed based on due diligence of the client and industry knowledge to provide appropriate extensions of credit remaining within Citi's risk appetite.
• Continuous monitoring of the covered portfolio, including following industry trends, impacts to key relationships, and escalation of potential credit issues to Team Leads, senior managers, and business partners.
• Review and provide a recommendation on the risk rating across this sector.
• Partnership with applicable regional and industry stakeholders in the implementation of credit assessment and monitoring standards for applicable portfolios.
• Support ICM Risk Analysis Voice of the Employee (VOE) initiatives.

Benefits

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree