The CPB US RRE Portfolio Manager plays a critical role in analyzing trends in concentration and credit performance of the Private Bank's $70bn+ residential real estate portfolio and developing, managing and presenting reporting around these topics, for business management, our Risk partners and internal/external reviewers, auditors and regulators. The RRE Portfolio Manager works with an internal business MIS team and partners with portfolio managers of Citi's Global Consumer Bank (GCB) who oversee similar portfolios to optimize use of common reporting and delivery systems. Position reports to the CPB US RRE Head of Underwriting.
Responsibilities:
● Digitize key credit, operational and third party risk information including Concentration Risk and Risk Appetite Framework Tracking, breaches monitoring and execution oversight covering the CPB US RRE mortgage portfolio.
● Design and prepare periodic and ad hoc portfolio reporting for internal management, Risk, regulators, and auditors that analyze portfolio composition and trends in concentrations and delinquency/loss performance.
● Utilize Statistical Analysis System (SAS) in a UNIX environment on a regular basis to perform risk, financial and data analyses, partnering with GCB US Retail Banking and Mortgage’s (USRBM’s) portfolio management unit and utilizing common systems platforms.
● Lead or collaborate on projects driven by policy changes and/or re-engineering initiatives primarily related to Concentration Risk, Risk Framework and those necessitated by business self-identified initiatives or issues found by regulators and auditors.
● Develop analytics and reporting that support CPB US RRE policies and strategies. Work closely with key partners in Citi Private Bank, ICG and USRBM and portfolio subservicers to support and advance CPB US RRE and shared projects being developed.
Qualifications:
● 6-10 years of experience in the financial institution with a majority of experience in credit risk management or financial planning and analysis, preferably in the Delinquency Managed (DM) space.
● Experience in using econometric/statistical models and large datasets. Proficiency in running SQL queries in SAS, including macro language, for statistical and modeling analyses; writing SAS code a plus.
● Advanced proficiency in MS Office products (Access Database, VBA, Excel pivot tables, View Job Posting Details 02:13 PM 04/01/2020 Page 1 of 3 databases, Powerpoint), SQL. Project- but also detail-oriented, able to work independently by prioritizing workload and projects to meet hard deadlines
● Demonstrated interpersonal, communication, problem-solving and analytic skills
● Credit Risk knowledge or experience, particularly in DM mortgage credit, strongly preferred. Knowledge/experience of SharePoint, Qlikview, Oracal, Python systems/applications preferred.
● Experience in Tableau is required.
● Understanding of or familiarity with Citibank systems (Credit Platform, Credit Engine, Datamart, GRR, CIR, GCBC, Optima) and certain third-party systems/databases (Corelogic, BlackKnight) preferred.
● Familiarity with Citi credit policies and procedures preferred.
● Knowledge of accounting and financial reporting preferred.
Education:
- Bachelor's degree/University degree or equivalent experience, preferably in business, finance, statistics, economics, or related field, Master's degree preferred.
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Job Family Group:
Private Client Product Services------------------------------------------------------
Job Family:
RRE Mortgage Operations------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
1000 NORTH WEST ST WILMINGTON------------------------------------------------------
Primary Location Full Time Salary Range:
$138,720.00 - $208,080.00
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.
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Anticipated Posting Close Date:
Jun 05, 2025------------------------------------------------------
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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