
Vice President - 1LoD Credit Officer (Hedge Fund / Private Equity)
Salary undisclosed
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- Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
- We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
- We empower our employees to manage their financial well-being and help them plan for the future.
- Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
- We have a variety of programs that help employees balance their work and life, including generous paid time off packages.
- We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.
- Work closely with Citi’s business lines across all products, with a particular focus on Prime Brokerage, as well as 2nd LoD Risk Management
- Assist in extensive client-interface through the due diligence meetings, assess creditworthiness of clients and assign credit ratings and tiers.
- Prepare Credit Approval Memo process (CAM) and risk rating scorecards.
- Help monitor compliance with trading agreements (NAV and/or performance ATEs, disclosure requirements) and Limits excesses
- Assist in evaluating the risk of hedge fund portfolios and managing credit risk related to client lending, trading, clearing, prime brokerage, and custody operations
- Help establish remediation plan for Limits and ATE breaches and remediate breaches in accordance with the plan
- Report on limit excesses and limit excess aging
- Review and monitor margin disputes, and establish Margin tolerance threshold for select clients where applicable
- Assist with addressing BICR, IA and regulatory reviews / questions
- Assist the team head in presentations and industry reports given to senior management, and regulatory reporting requirements
- Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets, by driving compliance with applicable laws, rules, and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing, and reporting control issues with transparency.
- 5-10 years of experience in financial services
- Motivated and confident to drive change
- Highly effective communication skills, used to partner with other groups and present findings and suggestions to management.
- Attention to detail unaffected by high pressure situations
- Advanced working knowledge of Microsoft Excel, PowerPoint, Word, and Access
- Bachelor's degree/University degree or equivalent experience
- Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
- We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
- We empower our employees to manage their financial well-being and help them plan for the future.
- Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
- We have a variety of programs that help employees balance their work and life, including generous paid time off packages.
- We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.
- Work closely with Citi’s business lines across all products, with a particular focus on Prime Brokerage, as well as 2nd LoD Risk Management
- Assist in extensive client-interface through the due diligence meetings, assess creditworthiness of clients and assign credit ratings and tiers.
- Prepare Credit Approval Memo process (CAM) and risk rating scorecards.
- Help monitor compliance with trading agreements (NAV and/or performance ATEs, disclosure requirements) and Limits excesses
- Assist in evaluating the risk of hedge fund portfolios and managing credit risk related to client lending, trading, clearing, prime brokerage, and custody operations
- Help establish remediation plan for Limits and ATE breaches and remediate breaches in accordance with the plan
- Report on limit excesses and limit excess aging
- Review and monitor margin disputes, and establish Margin tolerance threshold for select clients where applicable
- Assist with addressing BICR, IA and regulatory reviews / questions
- Assist the team head in presentations and industry reports given to senior management, and regulatory reporting requirements
- Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets, by driving compliance with applicable laws, rules, and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing, and reporting control issues with transparency.
- 5-10 years of experience in financial services
- Motivated and confident to drive change
- Highly effective communication skills, used to partner with other groups and present findings and suggestions to management.
- Attention to detail unaffected by high pressure situations
- Advanced working knowledge of Microsoft Excel, PowerPoint, Word, and Access
- Bachelor's degree/University degree or equivalent experience