The Risk Operations Analyst I is a trainee professional role. Requires a good knowledge of the range of processes, procedures and systems to be used in carrying out assigned tasks and a basic understanding of the underlying concepts and principles upon which the job is based.
Good understanding of how the team interacts with others in accomplishing the objectives of the area. Makes evaluative judgements based on the analysis of factual information.
They are expected to resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
Must be able to exchange information in a concise and logical way as well as be sensitive to audience diversity. Limited but direct impact on the business through the quality of the tasks / services provided.
Impact of the job holder is restricted to own job.
Activation and maintenance of locally approved credit obligors in the credit system
Preparation of credit approvals (CA) document in the credit system based on the data provided by the RM and Risk for Annual Review, Interim, Extension and Initial following the established procedures, policies and checkpoints;
Input and maintenance of approved credit facilities in the credit system (e.g. facility creation, allocations / re-allocations, facility amendment, cancellation, classification, special handling instructions, and updates using As Of functionality);
Ensure that the credit approvals are obtained and in compliance to the credit policy.
Review and rectification of data exceptions.; month-end adjustments on credit facilities via "as of" functionality. Monitoring, completion / filing of fully approved workflows;
Monthly reporting of Expiring CAs and Expired CAs;
Checking of approval for Classified Credit Review if in compliance to the credit policy.
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.
Organizational and time management (prioritization of tasks, multi-tasking, etc.); Attention to detail / Quality orientation;
Customer focus; Ability to work under pressure; Excellent communication skills, interpersonal skills / teamwork; Business writing skills;
Flexibility and adaptability to change; Analytical thinking; Basic computer software skills such as Microsoft Outlook, Word and Excel
Bachelor’s / University degree or equivalent experience
CRMS serves as a critical component of our First Line of defense for wholesale and counterparty credit risk management that is part of Institutional Credit Management (ICM) under ICG Business.
CRMS works through the challenges of the Wholesale Credit Risk Lending processes with the aim of transforming the credit process flows including but not limited to credit facility management, legal documentation, collaterals and risk reporting.
Importantly, CRMS will coordinate with credit management groups across ICG business to ensure full alignment on business and regulatory goals, as well as consistency and best practices where appropriate.
Our mandate is to create a world class, end-to-end wholesale credit management platform. The analyst is expected to bring fresh thoughts and new perspectives to drive the transformation agenda.
Prepares BCMA CA Face document based on the data provided by the RMs or analysts.
Investigates relevant standard Optima exceptions and CitiRisk exception (e.g. Pending workflows global report, Credit Control Panel Cleanup / Manager Clean Up / Expired & Overdue Facilities / Pending Facilities, Collateral and Customer, etc.
reports received from Global Reporting Team.
Liaises with the relevant parties (i.e. in-country CRMS, Risk, Business, Support teams, etc.) to clear exceptions.
Follows up with the responsible parties until resolutions of the exceptions.
Works closely with other parties such as technology when required to resolve issues.
Represents country in service quality call.
Performs admin functions related to work requests management (i.e. Access, Query Management Application, ResolveIT).
Being developed to be country SME.
Facility / obligor maintenance and critical control process for elsewhere approved names.
Daily reporting of facility changes extended to the client country.
Review approvals; monitors, completes / files fully approved EUDD workflows; and sends monthly Expiring and Expired EUDD List as part of the Extending Unit Due Diligence (EUDD) / Local Review Due Diligence (LRD) process.
Performs Split Risk Reporting for some countries.
Maintenance of Credit Officers in SharePoint.
Monitors, investigates, and obtains relevant credit approval for intra-day excesses in compliance with the local procedure and credit policy.
Generates, investigates, reports and escalates Direct, Contingent, PSE and SR exceptions to Business and Risk in accordance with the established standard process as part of the Next Day Limit Monitoring process.
Receives, scans, lodges, and safekeeps credit facility documentations for Philippines clients and releases approved credit facilities upon review credit facility documentation review
Provides supporting data, information, and reports to Finance, Loan Operations, and Risk for various regulatory and non-regulatory reporting.
Provides credit information to other BAP-Credit Bureau member banks through Loandex system
Facilitates the consolidation of exposures under facilities extended to ICG which is then being submitted to Credit Information Corporation.
Investigates and liaises with responsible parties to clear relevant Optima and CitiRisk Facility Management exceptions
Maintains excellent service quality by ensuring that exceptions monitoring processes are in compliance to agreed standards in terms of timeliness and accuracy
Ensures audit controls and pass audit results (Pass all relevant internal and external audit reviews through enhanced focus on permanent control readiness)
Fresh graduate or with work experience up to 2 years
Job Family Group : Risk Management
Job Family :
Risk Exposure Monitoring & Management
Time Type :