1+ months

Risk - Private Bank - Senior Portfolio Risk Manager - SVP / Director

Bertrange, Grand Est 57310
This is a senior Risk Senior Credit Officer (SCO) role based in Luxembourg (or Paris) within the EMEA Citi Global Wealth (CGW) business. The EMEA business currently has a US$22Bn credit portfolio, across four booking centres (London, Luxembourg, Switzerland and Jersey). The business is going through a significant expansion geographically and intends to widen its product offering. The successful individual will report to the - Regional Risk Head for the EMEA Private Bank.

**Job Description:**

New Risk SCO role to support the Regional Risk Head (RRH) in client assessments, reviewing transactions, oversight of product programs and the EMEA portfolio, monitoring legal vehicle related matters, responding to regulators, coordinating with other risk stripes, approval of Annual reviews, Interim Credit Approvals in conjunction with Counterparty Credit Risk (where required) and projects (including credit transformation). This SCO will have primary focus for Western Europe (excluding UK and Switzerland) and Middle East (incl. Turkey), and governance and approvals related to Citi's European legal vehicle, besides managing the Other Secured program. France and Germany have been identified as key growth areas where CGW is embarking on a growth strategy. EMEA is a large region with a greater complexity in terms of regulation, regulatory oversight and a large number of Senior Public Figure clients. This person will closely work with Investment Finance and other support functions to do due diligence and analyse credit risk. Work with IF, Bankers, support functions to vet new clients being onboarded. Assist RRH on ad hoc regulatory asks and legal entity management from a CGW perspective. Preparing presentations and thought pieces for seniors. As the Citi Global Wealth strategy evolves, work with IF to develop policies/procedures.

**Educational Background:**

Bachelor's degree or above.

Area of Emphasis: Accounting, Finance, Credit, Product knowledge, Strong verbal/written communication skills.

**Job Experience:**

Strategic professional

Credit and risk management experience, including executing complex transactions.

Managerial experience preferred.

Portfolio Management experience required.

Seasoned Senior Credit Officer (Level 2 preferred) who has a solid experience of credit risk gathered over at least two credit cycles and can manage risk across a variety of products.

Strong documentation skills. As a Risk Manager/Senior Credit Officer role, critical judgement, problem solving and leadership skills is key.

The person should have demonstrated experience in independently solving problems and showing leadership during discussions/negotiations - understanding the problem, gathering information/data, doing the analyses, collaborating with people, seeking managers guidance as appropriate and recommending a solution.

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.

The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.

Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.

Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

+ Honesty, integrity and reputation

+ Financial soundness

+ Competence and capability

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.

This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.

**Valuing Diversity:**

Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organizational success.

Citi is an Equal Opportunities Employer


**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 **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .

View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .

View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .

View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.


Posted: 2022-06-01 Expires: 2022-10-03

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Risk - Private Bank - Senior Portfolio Risk Manager - SVP / Director

Bertrange, Grand Est 57310

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