Citibank, N.A. seeks a Credit Portfolio Senior Group Manager for its New York, New York location.
Duties: Review and provide challenge to credit requests, and make final decisions on approving extension of credit for commercial banking customers, including mid-corporate clients. Perform second line of defense as an Independent Risk Approver for regulatory safety and soundness compliance. Provide credible challenge for credit proposals presented by the Business, offer solutions in terms of proper credit structures while ensuring the prudent management of the firm’s capital. Collaborate with Loan Operations, Service, Product Managers, Remedial Management, Legal, and Compliance to achieve the firm’s objectives that include identifying customers who meet Citi´s risk appetite, delivering appropriate solutions to customers, and achieving business growth under a balanced risk/return approach. Provide approval on a wide range of credit products (includes capital markets, derivatives, and leveraged finance), industries, and types of financings (includes revolving credit facilities, terms loans, and acquisition financings). Identify trends and risks in the portfolio based on underwriting standards, changes to Underwriting Terms and risk appetite, Allowance Credit Loss, Remedial Strategy, Cost of Credit, BASEL, Early Warning Process. Leverage understanding of risk principles, including market, operational, cross border, and concentration risk, to support Citi’s value proposition. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.
Requirements: Requires a Master’s degree, or foreign equivalent, in Finance, Business Administration, or related field and 6 years of experience as a Credit Risk Senior Manager, Credit Portfolio Group Manager, Credit Risk Manager, Risk Manager, Risk Assets Manager, or related position involving credit risk management for a financial services institution. Alternatively, employer will accept a Bachelor’s degree in the stated fields and 8 years of the specified progressive, post-baccalaureate experience. Full span of experience must include: Challenging, reviewing, and approving credit requests, and providing rationale for credit decisions; Credit portfolio and credit lifecycle management, including underwriting standards, risk rating methodologies, adherence to Target Market and Underwriting Terms, risk appetite, Allowance Credit Loss, Remedial Strategy, Early Warning Process, Portfolio Management and Analytics; Credit products, including commercial lending products and derivatives; Handling complex credit requests and business issues, and developing alternative solutions; Risk assessment, including problem recognition, defining, and structuring solutions for credit related issues; Applying credit methodologies applicable to classifiable-managed and delinquency-managed portfolios; and Regulations, policy, credit process, collection strategies, and procedures applicable to delinquency-managed credit activities. Up to 10% domestic travel required. Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID #25833711. EO Employer.
Wage Range: $248,592 to $300,000
Job Family Group: Risk Management
Job Family: Credit & Portfolio Risk Management
------------------------------------------------------
Job Family Group:
------------------------------------------------------
Job Family:
------------------------------------------------------
Time Type:
Full time
------------------------------------------------------
Primary Location:
New York New York United States
------------------------------------------------------
Primary Location Full Time Salary Range:
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.
------------------------------------------------------
Anticipated Posting Close Date:
May 30, 2025
------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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 the "EEO is the Law" poster. View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting
Top Skills
What We Do
Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank – an institution connecting millions of people across hundreds of countries and cities.
