The Portfolio Credit Risk Management role oversees portfolio risk management activities to minimize credit losses and potential damage to the Citigroup franchise or reputation. The role includes developing business strategies, calculating CECL reserves, conducting stress tests, loss forecasts, and managing risk appetite for the First Line of Defense (1LOD). For the Second Line of Defense (2LOD), the role involves providing effective oversight and periodic review and challenge of 1LOD portfolio management processes and outcomes. Individuals in this role ensure credit risk is managed effectively across all portfolios, protecting the company's financial stability and reputation while supporting the overall business strategy.

Responsibilities: 

• Oversee credit portfolio limits and stress testing, ensuring a balance between risk and reward and maintaining the company's risk appetite.
• Develop advanced methodologies for limit setting within the credit portfolio, factoring in industry trends, regulatory standards, and internal risk appetite.
• Manage comprehensive risk profiles, coordinating with regulatory bodies, conducting regular portfolio health checks and anticipatory identification of top risk factors.
• Direct regular portfolio analysis, providing updates on portfolio performance, market trends, and risk factors for ongoing risk assessment and mitigation.
• Lead governance discussions, interpreting limit governance rules and overseeing activities related to single name and distribution risk to ensure regulatory compliance.
• Represent and coordinate the second line of defense in terms of risk appetite engagement, effectively communicating and managing risk statements and assessments.
• Supervise the end-to-end framework for the adequacy of credit reserve and stress testing, ensuring proper management of the credit portfolio.
• Examine, challenge, and validate new account strategies and account management development for robust checks, minimizing potential risk exposure.
• Conduct rigorous internal and oversight reviews, probing into internal processes and controls, and managing any ensuing internal audits or regulatory examinations.
• Assess risk when making business decisions, using advanced analytical skills to evaluate potential risks and protect the firm's reputation.
• Uphold ethical conduct and ensure compliance with relevant legal and regulatory requirements by critically examining and challenging activities and processes.
• Stay updated with industry trends and communicate clearly with various stakeholders, utilizing detailed analytical skills to make complex business decisions.
• Actively monitor and adapt to the latest trends in credit risk analysis, leveraging them for improved forecasting and allowance calculations for credit.
• Utilize expertise to enhance the efficiency and effectiveness of compliance processes for credit portfolio limits and negotiate strategic changes when necessary.
• Serve as a key authority in overseeing first line of defense processes for portfolio management, driving strategic improvements by adapting to industry trends and leveraging expertise.

• Is an enthusiastic and early adopter of change; takes ownership for helping others see a better future and stay positive during uncertainty.
• Demonstrates and inspires curiosity in seeking new ways to overcome challenges; actively applies learning from failures.
• Challenges self and others to seek out and communicate alternative views even when unpopular; welcomes diverse ideas to improve outcomes.
• Acts as a change catalyst by identifying and helping others see where new ideas could benefit the organization.
• Proactively seeks to understand and act in alignment with organizational decisions; helps others prioritize team and enterprise success over their own personal agenda
• Focuses on highest-priority work aligned to business goals; helps others effectively manage competing priorities.
• Proactively identifies opportunities to streamline work; creates process improvements that enhance efficiency for self and the team.
• Takes personal accountability for escalating, identifying, and managing potential risk; implements controls that enhance the client experience and operational effectiveness.
• Anticipates problems and proactively identifies solutions that address the root causes and result in meaningful improvements.
• Sets high expectations and invests the necessary effort to deliver excellence and exceed performance goals.
• Role-models and helps others to do the right thing for clients and Citi in all situations, even when difficult
• Engages key stakeholders early and often and actively looks for opportunities to improve collaboration in achieving common goals.
• Proactively seeks out opportunities to volunteer in Citi programs that support the community; advocates for solutions that meet the needs of Citi’s clients and the community.
• Enthusiastically promotes the unique needs and preferences of colleagues; makes active commitment to help colleagues achieve balance, well-being, and development.
• Leverages varied networks to recruit diverse talent; advocates for colleagues with diverse skillsets, styles, and experiences to gain career opportunities.
• Empathetically listens and understands others’ positions before acting on issues; works to amplify voices that are minimized in the workplace

• Appropriately assess risk when business decisions are made, demonstrating particular 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, as well as effectively supervise the activity of teams and create accountability with those who fail to maintain these standards

Qualifications: 

• 6-10 years of experience
• Proven experience in overseeing, challenging, and reviewing credit portfolio management.
• Demonstrable understanding of credit analysis and counterparty risk with the ability to provide robust oversight and review.
• Solid experience in the review, challenge and oversight of loanable value methodology and portfolio stress testing.
• Ability to oversee, evaluate and challenge risk management tools and exposure monitoring processes.
• Proficient in accuracy and completeness of credit data with the capability to oversee, challenge and review data sets.
• Experience in overseeing, challenging, and reviewing risk management processes and portfolio risk reports.
• Comprehensive understanding of risk measurements with a proven oversight, challenge and review skill set.
• Competence in interpreting and analyzing complex financial data and making informed decisions.
• Understanding of credit analysis, counterparty risk, and portfolio stress testing.
• Proficiency in using risk management tools and exposure monitoring processes.
• Readiness to promptly respond to ad-hoc transaction requests by identifying and mitigating trade-specific risks.
• Capability to collaborate effectively with various teams including Risk Management, Technology, and Reporting Functions.
• Skill in communicating complex financial concepts and risks to stakeholders.
• Aptitude for organizing, coordinating, and executing projects from inception to completion.
• Capacity to assist with information requests from regulators, auditors, and manage remediation efforts or corrective action plans.

Education: 

Bachelor's/University degree, Master's degree preferred

------------------------------------------------------

Job Family Group:

Risk Management

------------------------------------------------------

Job Family:

Portfolio Credit Risk Management

------------------------------------------------------

Time Type:

------------------------------------------------------

Primary Location:

Getzville New York United States

------------------------------------------------------

Primary Location Full Time Salary Range:

$92,000.00 - $138,000.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

------------------------------------------------------

Most Relevant Skills

Analytical Thinking, Credible Challenge, Governance, Monitoring and Evaluation, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment, Risk Remediation.

------------------------------------------------------

Other Relevant Skills

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

------------------------------------------------------

Anticipated Posting Close Date:

Feb 17, 2026

------------------------------------------------------

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.