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Credit Product Strategy - Assistant Vice President

Citi Bank — Mumbai, MUMBAI

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Experience 0-5 Years yrs
Age 21-35 yrs
Gender Both
Salary Not Disclosed LPA
Department Sales Loans
Product Loans

Job Description

Discover your future at Citi

Working at Citi is far more than just a job. A career with us means joining a team of approximately 219,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.


CPSO team comprises senior Banking and Credit Risk SMEs along with specialized staff with a broad mandate spanning all of credit monitoring, portfolio management, collateral management, transaction management, credit risk middle office, quality assurance, issues management and regulatory issue remediation. The team’s objective is to ensure exceptional outcomes for Citi’s clients while sustaining industry leading safety and soundness as regards credit risk management by the first line of defense.


In this role, you’re expected to:


  • Effective Issue Resolution & Risk Mitigation by providing testing support to resolve MRAs/CAPs (Corrective Action Plans) and SIIs (Self-Identified Issues) across Institutional Credit Management (ICM)
  • Support Portfolio Manager and Assistant Portfolio Manager in Partnership and Continuous engagement with applicable regional and industry stakeholders in ICM, CB, CCB, Wealth and Risk for effective Issue resolution and Risk Mitigation
  • Implementation of best practices inline with established guidelines to drive operational consistency across Business Units
  • Ensure on-time adoption and continued improvement of the Credit Risk Process Digitalization platforms in partnership with ICM Product Development, Technology, and end users across all LoBs.
  • Ensure timely completion of projects within the CPSO book of work.
  • Following established governance mechanisms / controls to prevent recurrence of issues
  • Identify scope to leverage new age tools (AI/ML) to optimize processes across the ICM organization
  • Ensure ongoing and timely feedback and coaching of Associates and Senior Analysts to sustain a strong credit culture and an unwavering commitment to excellence in analysis and execution
  • Actively participate in Learning, Development and Training opportunities including instructor led courses
  • Support CPSE VoE Engagement, Belonging (DEI), and Leadership scores
  • Travel (less than 10%)



As a successful candidate, you’d ideally have the following skills and exposure:


  • Demonstratable financial services experience, including 6-9 years in Banking or FI Industry
  • Deep knowledge of Wholesale Credit Processes and Policies spanning the Credit Risk Value Chain
  • Sound and thorough knowledge of Citi´s systems
  • Significant experience in preparing presentations for seniors
  • Outstanding awareness and adherence to the control environment
  • Strategic orientation to ensure the team continues to be positioned as a thoughtful and proactive partner in providing effective resolutions and best practices for Risk Mitigation across Business units
  • Proven culture carrier. Well-developed interpersonal skills, with the ability to build relationships and exert influence with and without direct authority
  • Strong organizational skills with ability and willingness to work under pressure and manages time and priorities effectively with little to no supervision
  • Clear written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority
  • Intermediate Microsoft Office (Word, Excel, and PowerPoint) skills

Education:


  • BA/BSc in Finance or Accounting or higher degree in Business (MBA), or CFA, or any other related subject



This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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Job Family Group:

Product Management and Development

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Job Family:

Product Strategy and Planning

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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.

View Citi’s EEO Policy Statement and the Know Your Rights poster.

Frequently Asked Questions

What are the eligibility criteria for the Credit Product Strategy - Assistant Vice President job at Citi Bank?

Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-5 Years years of relevant experience expected for this role.

What are the primary responsibilities of a Credit Product Strategy - Assistant Vice President at Citi Bank?

The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Credit Product Strategy - Assistant Vice President at Citi Bank.

Is prior experience required for this position?

This role requires around 0-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.

What skills are important for this role?

Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.

How do I apply for the Credit Product Strategy - Assistant Vice President role at Citi Bank?

You can apply directly using the Apply Now button on this page, which will take you to Citi Bank's application process for this role.