Citi Credit & Portfolio Risk Mgr / Consumer Risk in Mexico
Primary Location: Mexico,Distrito Federal
Education: Bachelor's Degree
Job Function: Risk Management
Shift: Day Job
Employee Status: Regular
Travel Time: No
Job ID: 17069370
Required Risk / Business Skills and Experience
·Minimum 6 years' experience in consumer credit risk management covering wide range of products or Minimum 10 years of relevant experience in the Banking Industry (Finance, Decision management, Customer Relationship Management or analytics areas), covering wide range of products or functions
·Senior Credit Officer (SCO) designation or equivalent approval authority (Credit Officer) preferred
·Experience in Credit Operations (Collections / Underwriting / Fraud) highly preferred.
·Able to make decisions on matters pertaining to aspects of risk other than credit, such as franchise, reputation risk and country risk.
·Able to identify and influence key decision makers across various levels and functions within the organization;
·Able to work in a rapidly changing external environment and support business in a highly competitive and challenging market.
·Thinks and acts decisively in high risk scenarios, appropriately assessing a situation based on available data, experience, intuition, and judgment.
·Effectiveness in working within a matrix organization is essential.
·Demonstrates strong ethics and integrity.
·Excellent verbal & written English communication skills. Active listening skills.
·Candidates must have highly effective negotiation skills, a proactive and 'no surprises' approach in communicating Risk issues, strength in sustaining independent views.
·Able to “roll up sleeves” and work across levels in risk management and also with other operations and business teams.
·Excellent Presentation skills – adept at presenting effectively to audiences of various sizes and adapting style as necessary.
·Acts as a role model for managing people, coaching, and serving as a mentor.
Strategic Business Partnerships
·Creates and sustains a network of strong partnerships with the business (relationship and product management), key risk functional partners and other important stakeholders.
·Degree in Business, economics, statistics and or related disciplines. Master degree preferred.
·Establish and manage the risk appetite framework and appetite for acquisition. Working in partnership with the business units, define the target market, determine the business strategy and the set of performance and return metrics that comply with corporate standards and are appropriate to the local operating environment.
·Design, implement and monitor the effectiveness of the credit policies and where warranted, adjust credit policies to ensure performance and return are in accordance with established risk appetite statement.
·Ensure that the policies are in full compliance with global corporate policies, governing regulations and where required, document and obtain approval for exceptions.
·Possess a comprehensive understanding of the local operating environment (e.g. market, competition, economy, political, legal, regulatory) and its impact on the portfolios.
·Design, implement and manage production systems capabilities in order to ensure that credit processes are executed in line with product program design and credit policies.
·Implement and manage analytic infrastructure and tools including models, MIS capabilities so that portfolio qualities can be accurately evaluated and ascertained.
·Manage loan losses and reserves. Perform scenario planning and stress testing to dimension potential risk to the franchise under adverse situations.
·In times of downturn or crisis, devise policies and processes to provide appropriate relief to customers and reduce financial losses to the franchise.
·Provide oversight to the relevant operation units to ensure that credit processes and staffing are appropriate, effective, and executed in full compliance with policies, both local and corporate.
·Maintain a strong control environment at all times; escalate critical issues in accordance with corporate protocols and/or based on prudent judgment