Corporate Credit Head - LATAM

Citigroup, Inc.


Job Description
Wholesale Credit Risk (WCR) is an integral part of the Risk organization managing credit exposure of Citi's Wholesale clients across the globe. The Latam Head of Corporate Credit is primarily responsible for credit analysis, credit approval, and active of the portfolio to identify credit migration. The Latam Head will report into a newly consolidated role - the Global Head of Corporate Credit.The Latam Head of Corporate Credit will manage Citi's wholesale credit risk exposure to Corporate clients across Latin America, as well as regional Public Sector and Financial Institutional exposures in coordination with the Public Sector Risk Team and the Counterparty Credit Risk organization in the countries where we do not have specific coverage from these organizations. The portfolio consists of Credit sensitive products and services include loans, derivatives and other capital markets products, trade finance, clearing and settlement, cash, and securities services.The Latam Head of Corporate Credit is expected to have a proven experience as a leader and influencer, solid credit risk management knowledge and exceptional understanding of Citi's wholesale credit risk policies and processes. Key ResponsibilitiesManaging all global Credit based risks for Latam Corporate clients on CBNA and other relevant bank chain and Corporate chain legal entities across the firm covered by the BCMA organization. The Global Head of Corporate Credit will be responsible for Credit Risk management for corporate clients and overseeing the framework by which Credit Risks are escalated, quantified, and assessedLeading Credit Risk for corporate names, with participation in all key governance, management, and decision-making forumsMaintain a solid control environment in the region, working in coordination with the WCR Control team and Business, including ICMRepresent Wholesale Credit, when appropriate, on committees and forums such as the Institutional Client Group Risk Management Committee and the New Product Approval CommitteeProvide Senior Risk Approvals as a Senior Credit Officer Level 2 (SCO L2) and Portfolio HeadManage a large team of direct and matrix reports across the Latin America region, with responsibility for ensuring adequacy of staffing, risk training, talent mentoring and developmentProvide guidance to SCOs and COs on specific transactions and overall risk appetite for clientsActively help manage and enhance the risk/return of specific transactions and the risk profile of the portfolio as a wholeDevelop and Implement hedging or sell-down strategies as it relates to specific clients, countries, or sections of the portfolioStay well-informed of industry, product, macro-economic, and regulatory developments to properly position the portfolioManage the portfolio in the context of regional and global risk trends and business opportunities, utilizing and implementing relevant tools including country, industry, and product Stress TestingEngage with regulators as required to provide subject matter expertise on items related to the Latam Corporate Portfolio.Skills/CompetenciesCredit/Management:Deep understanding of Credit Risk, Operational Risk, controlsSolid knowledge of Wholesale Credit processes and Organizational awarenessProven track record to build and lead successful global teamsMethodical and proactive, with ability to negotiate and resolve conflictsForward planning and strategic thinker when faced with new political and economic issues affecting the businessDevelops, sets, and executes priorities, in line with company goals and mission/culture statementExceptional understanding of credit policies and proceduresLeadership:Recognized as a skilful senior manager who effectively delegates, provides feedback and coaches the team proactivelyAssesses and identifies top talent to add to the team, and actively seeks talent with diverse backgrounds and experiencesProactively engages team, partners, and other seniors to collaborate across the organization and takes a holistic client-centric approachCreates alignment and transparency across the team by openly communicating both team and individual goals and development areasDemonstrates, implements, and adheres to the control environment. Identifies gaps and proactively raises issues to remediate operational risksProven culture leader and carrierCompetencies:Highly Effective interpersonal skills, with the ability to build relationships and exert influence with and without direct authority with Senior Levels of ManagementSolid organizational skills with ability and willingness to work under pressure and manages time and priorities effectivelyExceptional written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of senioritySenior Credit Officer Level 2 with a path to L1Qualifications:Bachelor's degree required, preferably in business, finance, or related field. Master's degree preferred.20+ years of experience in a complex, matrixed organization focused on credit approval, governance, controls, risk management at a top-tier institution.Job Family Group: Risk ManagementJob Family:Credit & Portfolio Risk ManagementTime Type:Full timeCiti 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 PostingEffective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
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