Credit Risk Management Commodities - Director

Credit Risk Management Commodities - Director

The Credit Risk role is focused on analyzing the creditworthiness of individuals and entities, assigning risk ratings, recommending, or approving credit extensions or withdrawals, and providing ongoing monitoring of credit exposures. This role includes those with credit approval authority for portfolios requiring management for delinquency. Individuals within this role maintain a balance between risk and return, ensuring that credit policies are appropriate, and perform regular in-depth reviews of the credit portfolio. This role manages and mitigates potential credit losses, safeguarding the company's financial stability and supporting sustainable business growth.

Responsibilities :

Lead regional and key risk reviews, ensuring compliance and mitigating threats.

Critically evaluate assigned portfolios, identifying and assessing emerging risks.

Drive continuous improvement of credit risk processes and standards for assigned entities.

Oversee and validate corrective action plans for identified issues, addressing concerns from control functions.

Lead the review and assessment of the Risk Appetite framework, ensuring its appropriateness, completeness, and usage trends.

Review, challenge and provide approval for the assigned portfolio credits and / or recommendations to more senior credit officers as needed.

Provide independent assessments on the accuracy and appropriateness of risk ratings and classifications for assigned portfolios.

Assist the Risk Head in orchestrating regional and / or global tasks using innovative techniques and methodologies.

Develop strategic plans to enhance the efficiency and effectiveness of the organization.

Innovate and optimize the decision engine capabilities of the collections process, ensuring optimal treatments for each account.

Collaborate with other credit risk families to support the best outcome for Citi, sharing and implementing best practices.

Manage relationships and expectations of external regulators, Regulatory reporting, Risk, Finance, and Accounting Policy.

Partner with the Risk organization to refine the process of defining, extracting, and utilizing data.

Make informed business decisions, considering risk assessment, the firm's reputation, and compliance with laws, rules, and regulations.

Enforce compliance with applicable laws, rules, and regulations, upholding policy and ethical business practices.

Manage and report control issues with full transparency, using advanced judgment and innovative techniques.

Owning relevant scorecards and underwriting frameworks.

Qualifications :

15+ years of experience

Requires a broad and comprehensive understanding of the credit risk field, recognized as a subject matter expert.

Demonstrated thought leadership, developing new techniques, methodologies, and approaches for credit risk management.

Proven track record of innovation and groundbreaking developments in credit risk assessment and mitigation.

Expertise in evaluating complex issues with substantial impact, utilizing in-depth quantitative and qualitative analysis.

Ability to drive change within and beyond the organization, shaping operational strategies and influencing industry standards.

Exceptional communication skills, including clear articulation, effective presentation of complex information, and empathetic response.

Advanced skills in mediating disputes and advocating for organizational interests with high-level stakeholders.

Capability to challenge established norms and pioneer new approaches in complex domains.

Proven ability to guide decision-making processes and implement technical solutions effectively.