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 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.

The results help management identify operational weaknesses, 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 the ICM In-Business Quality Assurance Practices Director

Key responsibilities include:

  • The overall objective of this role is to help define and implement QAR procedures to provide reasonable assurance to various stakeholders that the IBQA function:
  • Performs in accordance with IBQA standards and operating procedures
  • Is perceived by those stakeholders as adding value and improving conformance with WCR standards and processes across the first line of defence
  • Responsible for the development and implementation of guidance and tools, that form the basis for rigorous, comprehensive IBQA processes including establishing performance metrics, to contribute to the buildout of a bestinclass IBQA function
  • Manage WCR IBQA policies, procedures, risk assessment and controls, bringing a systematic, disciplined approach to drive effective QA coverage and standards. Promote knowledge sharing and innovation; promulgate best practices across IBQA.
  • Conduct ongoing and periodic assessment of IBQA practices with aim of continuous and timely improvement of technology, processes, and procedures with consideration of:
  • Lessons learned from selective peer reviews of work papers by staff not involved in the respective QAR
  • Analyses of established performance metrics and trend analyses
  • Feedback from IBQA staff and key business stakeholders, where relevant
  • Provide oversight and guidance over the assessment of complex issues, structure potential solutions and drive effective resolution with stakeholders.
  • Interact with the respective senior management across ICG, to ensure that quality assurance protocols are adequate for all portfolios
  • Help drive technology solutions to support QAR activities
  • Stay abreast of relevant changes to rules/regulations and other industry news including regulatory findings.
  • Help to provide 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
  • Act as a change agent coaching staff in areas with noted deficiencies and sharing any observed best practices
  • 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:

Knowledge:

  • Demonstrable quality control / quality assurance experience, including relevant number of years in banking, credit risk management, internal audit, loan review or quality assurance review function at an investment or large commercial bank
  • Deep knowledge of risk management and control frameworks obtained through experience in large financial organizations.
  • Knowledge of Wholesale Credit Processes and organizational awareness, covered portfolios, and processes
  • Proficient understanding of QA policies and procedures with the ability to execute change seamlessly
  • Knowledge and experience on designing and implementing robust Quality Assurance framework, from developing risk assessment, creating scripts and procedures, development of housing infrastructure and database maintenance, creating reporting templates forobserved findings and trend analysis, and continuous improvement, working closely and independently to the Global Head of WCR IBQA and Regional Directors
  • Grasp of issues identification, documentation, and remediation within the Quality Assurance process and delivering results to senior internal and external stakeholders, under tight deadlines and potentially multiple competing priorities.
  • Grasp of the markets and lending wholesale credit risk covered process, to evaluate findings within the Quality Assurance process, determine materiality, and partnering with inline makers and checkers for ongoing improvement, problem detection, and sustainableremediation
  • 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
  • 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:

  • Advanced Microsoft Office (Word, Excel, and PowerPoint) skills
-
Job Family Group:

Risk Management

  • Institutional Credit Management

    2 months ago

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

    It's an exciting time to be joining Citi and the Institutional Credit Management Business. This First Line role would ideally be suited to someone working in the capacity of a Risk Approver, Coverage Banker, Transactor or Product Specialist covering Structured Trade Products such as Export Credit Agency Finance. Excellent communication skills required in...

  • Institutional Credit Management

    4 weeks ago

    London, Greater London, United Kingdom Citigroup Full time

    It's an exciting time to be joining Citi and the Institutional Credit Management Business. This First Line role would ideally be suited to someone working in the capacity of a Risk Approver, Coverage Banker, Transactor or Product Specialist covering Structured Trade Products such as Export Credit Agency Finance. Excellent communication skills required in...

  • Credit Officer, Funds and Financial Institutions

    2 weeks ago

    London, Greater London, United Kingdom BNP Paribas Full time

    CREDIT OFFICER, FUNDS AND FINANCIAL INSTITUTIONS - DIRECTOR (JOB NUMBER:26309)BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe.The Group has key positions in its three main activities: Domestic Markets, International Financial Services...

  • Credit Research Analyst, Financial Institutions

    2 weeks ago

    London, Greater London, United Kingdom Mason Blake Full time

    Credit Research Analyst, Financial Institutions Job details Location London Date Posted 11 March 2021 Category Investment Job Type Job ID Competitive Description Our client, a fast-growing boutique asset manager, is looking for an experienced credit analyst to join their Credit team. The successful candidate will undertake credit research...

  • Credit Manager

    2 weeks ago

    London, Greater London, United Kingdom Portfolio Credit Control Full time

    Portfolio Credit Control have been instructed on a Senior Credit Manager position within an International, fast-growth organisation. The role would suit an individual who has experience managing a team and used to working within a high-pressuredfast paced environment. The business has won countless awards in their sector and offers excellent benefits for all...

  • 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...

  • 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...

  • Credit Controller

    2 weeks ago

    London, Greater London, United Kingdom Portfolio Credit Control Full time

    Portfolio Credit Control are currently on the hunt for a Credit Controller to step into one of our most renowned clients. We have placed multiple suitable candidates over the years and have an excellent working relationship with the impressive Credit Control Manager.The organisation are an international Accounting specialist who offer an incredibly...

  • Institutional Credit Management, Corporate Credit

    2 weeks ago

    London, Greater London, United Kingdom Citi Full time

    Responsibilities: Work on transactions for companies in Corporate Loan Portfolio (including REIT, REOC, and Homebuilders) under Citi's Commercial Real Estat team Conduct indepth financial analysis (including modeling) and structuring of credit requests for clients and prospects Assesses deal strengths and weaknesses and risk factors Support Senior...

  • Credit Controller

    2 weeks ago

    London, Greater London, United Kingdom Portfolio Credit Control Full time

    Portfolio Credit Control is currently looking for a Credit Controller to join one of their top clients. They have successfully placed many qualified candidates in the past and maintain a strong relationship with the Credit Control Manager.The company is a global accounting expert that provides competitive benefits, hybrid working options, and flexible hours....

  • Credit Controller

    2 weeks ago

    London, Greater London, United Kingdom Portfolio Credit Control Full time

    Portfolio Credit Control are currently working alongside a fashion icon who have one of the most reputable names within the high-end retail sector. Our key client is looking to take on an end-to-end Credit Controller on a permanent basis, this position hasa clear line of career progression into Credit Management and will give you the responsibility to manage...

  • Credit Controller

    2 weeks ago

    London, Greater London, United Kingdom Portfolio Credit Control Full time

    Portfolio Credit Control are currently on the hunt for a Credit Controller to step into one of our most renowned clients. We have placed multiple suitable candidates over the years and have an excellent working relationship with the impressive Credit Control Manager. The organisation are an international Accounting specialist who offer an incredibly...

  • Credit Controller

    2 weeks ago

    London, Greater London, United Kingdom Portfolio Credit Control Full time

    Portfolio Credit Control are currently working alongside a magic five law firm who have one of the most reputable names within the Legal sector and for all the right reasons Our key client is looking to take on an end-to-end Credit Controller on a permanentbasis, this position has a clear line of career progression into Credit Management and will give you...

  • 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...

  • Credit Controller

    2 weeks ago

    London, Greater London, United Kingdom Portfolio Credit Control Full time

    Looking to jump into an exciting new challenge??Portfolio Credit Control are working with a well-known, long-established business based in the heart of London, looking to take on a Credit Controller on an initial interim basis.This is an opportunity not to be missed as this industry is growing in need and so are credit controllers. Although this is a credit...

  • Credit Controller

    2 weeks ago

    London, Greater London, United Kingdom Portfolio Credit Control Full time

    If you are looking to advance your career in credit control, this could be the best place for you. Our client wants to add a permanent member to their dynamic finance team. You will have many opportunities to grow in this role with the opportunity to participatein a well-respected business.The role consists of: Sales ledger reconciliation. Deal with new...

  • Operations Analyst

    2 weeks ago

    London, Greater London, United Kingdom Credit Benchmark Full time

    Join our team of technology, financial services and data experts. Credit Benchmark is a financial data analytics company bringing together the credit risk assessments of the world's leading financial institutions to deliver greater visibility into the credit quality of individual entities. We are growing rapidly and are looking for a permanent, full time...

  • Content Operation Analyst

    2 weeks ago

    London, Greater London, United Kingdom Credit Benchmark Full time

    About the Job:Join a dynamic team of technology, financial services, and data experts at Credit Benchmark, a financial data analytics company that consolidates credit risk assessments from top financial institutions worldwide to offer a deeper understanding of individual entities' credit quality.We are currently seeking a full-time Content Operation Analyst...

  • 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...

  • Associate, Alternative Credit

    2 weeks ago

    London, Greater London, United Kingdom Ares Management Full time

    Over the last 20 years, Ares' success has been driven by our people and our culture. Today, our team is guided by our core values - Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy - and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we...