Missouri Professional Services Jobs

Jobs.mo.gov mobile logo

Job Information

Citigroup VP, Credit Portfolio Officer - Loss Forecasting in O'Fallon, Missouri

The Credit Portfolio Officer is a senior-level position responsible for leading activities related to credit review and monitoring the portfolio to identify credit risk in coordination with the broader Risk Management team. The overall objective of this role is to monitor Citi's portfolio credit loss exposure and manage loss forecast, including CitiMortgage, US Retail Bank and Small Business portfolios.

Responsibilities:

  • Perform portfolio risk evaluation and credit loss forecasting for US Mortgage, Retail Banking, and Small Business accounts

  • Perform the CCAR related work with a comprehensive understanding of relevant model techniques, business operations, and regulatory requirements for both Champion model and Benchmark models

  • Provide econometric modeling and statistical analyses of large-scale mortgage data sets to identify relationships and trends among various loss factors

  • Conduct monthly loan-level and segment-level credit loss forecast for mortgage risk portfolio using Statistical Analysis Software (SAS) and other quantitative tools

  • Forecast month-over-month delinquency trends using econometric/statistical/non-statistical models

  • Conduct sensitivity analyses under various economic assumptions and variance walk between forecasts and actual figures

  • Develop and update monthly reports and presentations for senior management

  • Collaborate with loss reserve team to conduct risk assessment by recommending both adequate levels of credit loss reserves and management adjustments to reserves based on economic headwinds

  • Collaborate with various units of risk management business to understand and solve business problems

Qualifications:

  • 3-5+ years of experience in credit risk management or equivalent training and experience preferably in the financial services industry

  • Experience in using econometric/statistical models;

  • Proficiency in writing SAS codes, including macro language, for statistical and modeling analyses;

  • Proven ability to analyze portfolio performance and credit risk toward business goals

  • Proven ability to remain organized in a fast-paced environment and prioritize multiple projects

  • Demonstrated interpersonal, organizational and analytic skills

Education:

  • Master's degree or equivalent experience, preferably in statistics, economics, or related field.

Job Family Group:

Risk Management


Job Family:

Credit & Portfolio Risk Management


Time Type:

Full time


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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .

View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .

View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)

Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

DirectEmployers