Icm Head of Wholesale Credit Risk

2 weeks ago

London, Greater London, United Kingdom eFinancialCareers Full time

Institutional Credit Management's ("ICM") objective is to provide an integrated "end-to-end" credit underwriting, identification, measurement, management, monitoring and reporting for wholesale credit businesses across the enterprise.

Institutional ClientGroup ( ICG ) In-Business Quality Assurance is an integral part of the ICM organization.
The ICG In-Business Quality Assurance function (QA) verifies that established standards and processes are followed and consistently applied.

ICG Management uses the results of the quality assurance reviews to assess the quality of the group's policies, procedures,programs, and practices as relates to the management of wholesale credit risk including the end-to-end governance and management of the quality of data used to manage credit risk exposure and decision making.

The results help management identify operationalweaknesses, risks associated with the function, training needs, and process deficiencies.

The ICM Head of In-Business Quality Assurance reports results of Quality Assurance Reviews (QARs) to management of the respective ICG business area, Independent Risk, and critical partner stakeholders and regulators.

This role reports directly to ICM Head of WCR In-Business Quality Assurance Data Testing QA Director.

Key Responsibilities:

  • Active contributor in setting global strategy for and lead the implementation and ongoing delivery of a robust Quality Assurance function in accordance with the coverage universe as it relates to WCR data governance
  • Provide effective credible challenge to Business Region Heads and Portfolio Managers as regards effectiveness of data quality and completeness process management to ensure that weaknesses in such processes are identified and escalated as appropriate
  • Establish and drive processes that verify that data captured is in alignment with the appropriate legal and credit documents needed for credit, operations, management, and regulatory reporting
  • Develop and rollout analytics solutions and tools to streamline and automate data testing for IBQA
  • Accountable for leading the Quality Assurance team which is responsible for execution of the following:
  • Consistent and objective assessments during QARs
  • Subsequent followup on corrective actions that were raised during QARs
  • Synthesize and prepare quarterly Quality Assurance Reports to ICG business management that communicate and measure results and identify negative trends and potential solutions
  • Update and create QAR templates and continuously improve processes and infrastructure by exploring and evaluating new data sources, tools, and capabilities
  • Interact with the respective senior management across ICG, to ensure that quality assurance protocols are adequate for all portfolios
  • Provide oversight and guidance over the assessment of complex data related issues, structure potential solutions and drive effective resolution with stakeholders.
  • Assist in the establishment of WCR IBQA policies, procedures, risk assessment and controls to drive effective QA coverage and standards
  • Represent WCR IBQA on various workstreams and initiatives across ICM and ICG business lines.
  • Stay abreast of relevant changes to rules/regulations and other industry news including regulatory findings.
  • Act as a change agent coaching staff in areas with noted deficiencies and sharing any observed best practices
  • Ensure ongoing and timely feedback and coaching of ICG Quality Assurance staff to sustain a strong control culture and an unwavering commitment to excellence in execution
  • Attract, develop and retain top quality assurance staff
  • Support the Global Head of WCR IBQA on internal projects and initiatives
  • Support WCR IBQA Voice of the Employee (VOE) as well as diversity and inclusion initiatives
  • Travel (less than 10%)

Skills/Competencies:

Quality Assurance:

  • Demonstrable experience using data analytics, including 1015 years in banking, credit risk management, internal audit, loan review or quality assurance review function at an investment or large commercial bank
  • Strong grasp of Wholesale Credit Processes and organizational awareness, to evaluate findings within the Quality Assurance process, determine materiality, and partnering with inline makers and checkers for ongoing improvement, problem detection, and sustainableremediation. Proficient understanding of policies and procedures with the ability to execute change seamlessly
  • Ideally knowledge and experience on designing and implementing robust Quality Assurance framework, from initial assessment of concerns and monitoring strategy, execution of scripts and procedures, development of housing infrastructure and database maintenance,reporting to senior management of observed findings, and continuous improvement, working closely and independently to the Global Head of WCR IBQA and Regional Directors
  • Outstanding awareness and adherence to the control environment including Quality Assurance and Quality Control
Leadership

  • Strategic orientation to ensure the ICM organization continues to be positioned as a thoughtful and proactive partner on driving best practices to support safety and soundness within ICM and Citi
  • Identifies stretch opportunities to elevate individual and team performance and recognizes individuals based on performance
  • Recognized as a skillful manager with a track record of building high performing teams
  • Coach, mentor and lead team members to develop team strengths and build bench strength
  • Proven culture carrier
Competencies

  • Solid organizational skills with ability and willingness to work under pressure and manages time and priorities effectively with little to no supervision
  • Experience in analysing datasets and distilling them into actionable information as well as building out endtoend analytical process flows
  • Powerful interpersonal skills, with the ability to build relationships and exert influence with and without direct authority
  • Highly effective written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority
  • Analytical and decisionmaking capabilities including the ability to identify, escalate, and propose and execute solutions to complex problems
  • Significant experience in preparing presentations for seniors

Technical:

  • Proficient with one or more programming languages (SQL, Python)
  • Proficient with Microsoft Office (Word, Excel, and PowerPoint) skills
  • Tableau or visualization tool familiarity
  • Experience with Loan IQ, transaction capture tools, etc
Qualificati

  • Wholesale Credit Risk

    4 days ago

    London, Greater London, United Kingdom Citi Private Bank Full time

    Institutional Credit Management's ("ICM") objective is to provide an integrated "end-to-end" credit underwriting, identification, measurement, management, monitoring and reporting for wholesale credit businesses across the enterprise. Wholesale Credit Risk ("WCR") In-Business Quality Assurance (QA) is an integral part of the ICM organization. WCR In-Business...

  • Wholesale Credit Risk

    1 month ago

    London, Greater London, United Kingdom Citigroup Full time

    Institutional Credit Management's ("ICM") objective is to provide an integrated "end-to-end" credit underwriting, identification, measurement, management, monitoring and reporting for wholesale credit businesses across the enterprise. Wholesale Credit Risk ("WCR") In-Business Quality Assurance (QA) is an integral part of the ICM organization.WCR In-Business...

  • Wholesale Credit Risk

    4 weeks ago

    London, Greater London, United Kingdom Citigroup Full time

    Institutional Credit Management's ("ICM") objective is to provide an integrated "end-to-end" credit underwriting, identification, measurement, management, monitoring and reporting for wholesale credit businesses across the enterprise. Wholesale Credit Risk ("WCR") In-Business Quality Assurance (QA) is an integral part of the ICM organization.WCR In-Business...

  • Wholesale Credit Risk In-Business QA

    1 month ago

    London, Greater London, United Kingdom Citigroup Full time

    Institutional Credit Management (ICM) is an in-business and first Line of Defense (1LoD) function within Citi dedicated to end-to-end wholesale credit risk (WCR) management. ICM covers numerous products, regions and lines of businesses (LoBs) - all while providing the controls and support necessary to help reduce Citi's risks.The ICM In-Business Quality...

  • Wholesale Credit Risk Project

    2 weeks ago

    London, Greater London, United Kingdom eFinancialCareers Full time

    The role is within the Institutional Credit Management (ICM), which is accountable for the management of complex, critical & large professional client credit risk, leading the New Product Approval Process within ICM.Responsibilities: Develop a detailed understanding of ICM and the Wholesale Credit Risk (WCR) Initiative program, Wholesale and Counterparty...

  • Icm Ibqa

    2 weeks ago

    London, Greater London, United Kingdom Citi Full time

    Institutional Credit Management's ("ICM") objective is to provide an integrated "end-to-end" credit underwriting, identification, measurement, management, monitoring and reporting for wholesale credit businesses across the enterprise. Institutional Client Group (ICG) In-Business Quality Assurance is an integral part of the ICM organization.The ICG...

  • Icm Portfolio Management

    2 weeks ago

    London, Greater London, United Kingdom eFinancialCareers Full time

    Institutional Credit Management (ICM) works closely with our ICG businesses to serve as a critical component of our First Line of defense for wholesale and counterparty credit risk management and also with our Independent Risk partners to ensure best-in-classrisk and controls, as well as client responsiveness. Key responsibilities include portfolio analysis,...

  • Icm In-business Quality Assurance Manager

    2 weeks ago

    London, Greater London, United Kingdom eFinancialCareers Full time

    Institutional Credit Management's ("ICM") objective is to provide an integrated "end-to-end" credit underwriting, identification, measurement, management, monitoring and reporting for wholesale credit businesses across the enterprise. Institutional ClientGroup ( ICG ) In-Business Quality Assurance is an integral part of the ICM organization.The ICG...

  • Icm In-business Quality Assurance

    2 weeks ago

    London, Greater London, United Kingdom eFinancialCareers Full time

    Institutional Credit Management's ("ICM") objective is to provide an integrated "end-to-end" credit underwriting, identification, measurement, management, monitoring and reporting for wholesale credit businesses across the enterprise. Institutional ClientGroup ( ICG ) In-Business Quality Assurance is an integral part of the ICM organization.The ICG...

  • MD Head of Alternatives ICM Underwriting

    2 weeks ago

    London, Greater London, United Kingdom Citigroup Inc. Full time

    Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization. ICM's Counterparty Credit Risk's objective is to provide integrated...

  • MD Head of Alternatives ICM Underwriting

    2 weeks ago

    London, Greater London, United Kingdom 11037 Citibank, N.A. United Kingdom Full time

    Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization. ICM's Counterparty Credit Risk's objective is to provide integrated...

  • Credit Risk

    2 weeks ago

    London, Greater London, United Kingdom Paritas Recruitment - Risk Full time

    Paritas Recruitment RiskLondon, United KingdomPosted 4 hours ago Hybrid Permanent £70k - £125k A Tier 1 bank are currently seeking Collateral Management specialists (AVP, VP and SVP level) to join a newly established first line Quality Assurance function relating to the management of Wholesale Credit Risk.This Quality Assurance function has been...

  • Icm Emea Cmbs/gsp Real Estate Senior Underwriter

    2 weeks ago

    London, Greater London, United Kingdom eFinancialCareers Full time

    Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its InstitutionalClient Group organization. ICM's objective is to provide integrated "end-to-end" credit...

  • Credit Management

    2 weeks ago

    London, Greater London, United Kingdom Citigroup Inc. Full time

    Institutional Credit Management (ICM) forms part of Citi's Client organization and is formed of a workforce of c.The organization takes a firmwide view of our client strategy, segmentation and coverage model to ensure every client receives the same high-quality coverage and delivery of services from every part of Citi. The mission of ICM is to be a best in...

  • Alternative Asset Credit Risk Manager

    2 weeks ago

    London, Greater London, United Kingdom Citi Full time

    Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization. ICM's Counterparty Credit Risk's objective is to provide integrated...

  • Institutional Credit Management In-business Quality

    2 weeks ago

    London, Greater London, United Kingdom eFinancialCareers Full time

    Institutional Credit Management's ("ICM") objective is to provide an integrated "end-to-end" credit underwriting, identification, measurement, management, monitoring and reporting for wholesale credit businesses across the enterprise. InstitutionalClient Group (ICG ) In-Business Quality Assurance is an integral part of the ICM organization.The ICG...

  • Senior Chemical Risk Assessor

    2 weeks ago

    London, Greater London, United Kingdom Citi Full time

    Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization. ICM's objective is to provide integrated "end-to-end" credit...

  • Institutional Credit Management In-Business QA- Financing and Securitisation

    2 weeks ago

    London, Greater London, United Kingdom Citi Full time

    This role is ideally suited to someone with Banking and /or Rating Agency experience with Securitsation exposure or Banking Securitization Credit Risk exposure specifically with ABS, CMBS and RMBS. I nstitutional Credit Management 's ("ICM") objective is to provide an integrated "end-to-end" credit underwriting, identification, measurement, management,...

  • Global Head of Institutional Credit Management

    2 weeks ago

    London, Greater London, United Kingdom Citigroup Inc. Full time

    Background:Institutional Credit Management (ICM) forms part of Citi's Client organization and is formed of a workforce of c.4,000 people. The Client organization is dedicated to empowering our clients' growth by deeply understanding and anticipating their needs and by harnessing the full power of Citi. The organization takes a firmwide view of our client...

  • Institutional Credit Management

    2 weeks ago

    London, Greater London, United Kingdom eFinancialCareers Full time

    Institutional Credit Management's ("ICM") objective is to provide an integrated "end-to-end" credit underwriting, identification, measurement, management, monitoring and reporting for wholesale credit businesses across the enterprise. Institutional ClientGroup ( ICG ) In-Business Quality Assurance is an integral part of the ICM organization.The ICG...