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 on where we live and work through volunteerism.

Shape your Career with Citi

We’re currently looking for a high caliber professional to join our team as Assistant Vice President, Quality Assurance, Monitoring & Testing Sr. Analyst- Hybrid (Internal Job Title: Quality Assurance, Monitoring & Testing Sr. Analyst - C12) based in Mumbai, India. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decisions and manage your financial well-being to help plan for your future.  For instance:

• 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.
• 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 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.

Institutional Credit Management’s (“ICM”) objective is to provide an integrated “end-to-end” credit underwriting, identification, measurement, management, monitoring and reporting for wholesale credit businesses across the enterprise. In-Business Quality Assurance is an integral part of the ICM organization.

The ICM In-Business Quality Assurance function (QA) verifies that established standards and processes are followed and consistently applied. ICM uses the results of the quality assurance reviews to assess the quality of the group's policies, procedures, programs, and practices as relates to the management of wholesale credit risk. The results help management identify control and operational weaknesses, risks associated with the credit processes, training needs, and process deficiencies.

The ICM Head of In-Business Quality Assurance reports results of Quality Assurance Reviews (QARs) providing feedback, insight, and observations on any deficiency and areas of improvement, engaging with the management of the respective business area, Independent Risk, and critical partner stakeholders and regulators.

In this role, you’re expected to perform:

• Support the Quality Assurance Head – Real Estate and Structured Credit Underwriting in discussions to define the Quality Assurance function and reviews across ICM coverage universe
• Assist in providing effective credible challenge during QARs to Business Region Heads and Portfolio Managers, with respect to credit memorandums and associated process quality to ensure that weaknesses in such processes are identified and escalated as appropriate
• Support in the establishment of processes that enable wholesale credit risks within Citi are effectively identified, measured, monitored, and controlled, consistent with the bank’s risk appetite and all policies and processes established within the risk governance framework
• Under the supervision of the Quality Assurance Head – Real Estate and Structured Credit Underwriting, support execution of the following:
• Consistent and objective assessments during QARs
• Subsequent follow-up on corrective actions that were raised during QARs
• Sustainability testing of corrective actions resulting from issues raised by Internal Audit or Regulators
• Assistance in synthesizing and preparing quarterly Quality Assurance Scorecard Reports to ICM business management that communicate and measure results and identify negative trends and potential solutions
• Assist WCR In-Business QA function in the establishment of WCR In-Business QA policies, procedures, risk assessment and controls to drive effective QA coverage and standards
• Assist Quality Assurance Head – Real Estate and Structured Credit Underwriting to stay abreast of relevant changes to rules/regulations and other industry news including regulatory findings.
• Support the Global Head of WCR In-Business QA on internal projects and initiatives

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

• Demonstrable quality control / quality assurance experience, including 5-8 years in banking, credit underwriting, structuring, credit risk management, internal audit, loan review or quality assurance review function at an investment or large commercial bank
• Understanding of risk management and controls frameworks related to counterparty credit risk management or another financial risk discipline.
• Understanding of policies and procedures with the ability to execute change seamlessly
• Potential to understand complex counterparty credit product structures, and ideally versed in securitization and credit financing products such as ABS, CLOs, TRS, CMBS RMBS, Assets Repacks etc.
• Ideally some background on core credit analysis for large corporate and finance industries to properly evaluate process and quality breaks within the quality assurance function
• Awareness and adherence to the control environment including Quality Assurance and Quality Control

Leadership:

• Strategic orientation to ensure the ICM organization continues to be positioned as a thoughtful and proactive partner on driving best practices to support safety and soundness within ICM and Citi
• Assists colleagues in identifying stretch opportunities to elevate individual and team performance and recognizes individuals based on performance
• Proven culture carrier

Competencies :

• Strong organizational skills with ability and willingness to work under pressure and manage time and priorities effectively with little supervision
• Evolving interpersonal skills, with the ability to build relationships and exert influence with and without direct authority
• Clear written and verbal communication skills, with the ability to communicate clearly and concisely with audiences of varying levels of seniority
• experience in preparing presentations
• Good Microsoft Office (Word, Excel, and PowerPoint) skills
• Qualifications - BA/BSc or higher degree in Business (MBA) or equivalent or any other related subject

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 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.

Take the next step in your career, apply for this role at Citi today

https://jobs.citi.com

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Job Family Group:

Controls Governance & Oversight

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Job Family:

Quality Assurance, Monitoring & Testing

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Assurance Strategy, Communication, Constructive Debate, Controls Assessment, Controls Lifecycle, Policy and Procedure, Risk Remediation, Stakeholder Management.

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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.

 

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