Citi | Hiring | Risk Operations Analyst I_CRMS | Mumbai | BigDataKB.com | 01-10-2022

• CRMS is a first line organization that is part of Institutional Credit Management under ICG Business and works through the challenges of the Wholesale Credit Risk Lending processes with the aim of transforming the credit risk process flows including but not limited to credit facility management, legal documentation, collaterals and risk reporting. The scope of responsibilities and scale of this team will evolve over time to continue to meet our needs. Importantly, ICM will coordinate with credit management groups across ICG businesses to ensure full alignment on business and regulatory goals, as well as consistency and best practices where appropriate.

• Our mandate to create a world class, end-to-end wholesale credit management platform. The analyst is expected to bring in fresh thoughts, newer perspectives and drive the transformation agenda ahead.

• The job involves managing processes relating to Local Regulatory credit risk reporting and monitoring and handling Global Risk data reporting requirements. The profile demands awareness an in-depth understanding and application of Banks’ Credit Policy, Local Regulations as issued by RBI from time-to time, operational risk elements and knowledge of products and systems.

Key Responsibilities:

• Ensure accuracy and integrity of credit data submitted to RBI, Statutory Audit and CIC in a timely manner and in accordance with the Bank’s credit policy and extant RBI norms
• Manage credit risk data quality and reporting in Citi’s risk systems (OPTIMA, Credit Engine)
• Drive automation of reports by working with the technology team. Closing out on requirements by closely coordinating & guiding the technology team to deliver the report with accurate output
• Ensuring adherence of IRAC (Income recognition and Asset classification) Norms for delinquent SMA/NPA accounts & timely reporting to RBI
• Ensure there are strong controls and processes to monitor regulatory exposure limits viz. Sensitive Sectors (real estate, capital markets), NBFC, Borrowing limits to ensure exposures are tracked within the thresholds specified in Local credit policy and extant regulations and timely reporting of breaches to Senior Management
• Managing the deliverables relating to RBI inspection, Statutory Audit, Head Office Internal Audit etc. Interact with internal and external auditors in providing timely information to the queries and data requirements
• Partner with the Technology team to drive automation within the reporting processes.
• Ensure timely and comprehensive escalation and follow through mechanism for resolving issues concerning data inaccuracy and delays in regulatory and global reporting

The candidate would need to possess:

• Advanced analytical, organizational and interpersonal skills with an eye for detail
• Advanced spreadsheet and modeling skills with sound knowledge of technical system architecture for suggesting and implementing enhancements which assist the unit head to derive efficiencies
• Up to date on new developments viz. policies, regulatory changes by reading extensively, building cross functional expertise in other areas of CRMS
• Strong interpersonal skills, including ability to work independently, multitasking, demonstrate attention to detail & meet timelines
• Highly proficient written and verbal communication skills, including ability to communicate concisely, removing uncertainty and ability to coordinate within teams across businesses
• Analytical and problem-solving skills
• Ability to manage, partner and drive complex projects with internal departments and/or third-party vendors
• Have a solution-oriented approach
• Sound understanding of robotics/AI, this is to allow for ideation and further implementation of such tools in markets operations

Key stakeholders – Business, Risk, Finance and Compliance.

Req Qualifications:

• 1- 2 years’ experience
• CA (1st attempt) / MBA – Tier 1 only
• Knowledge of BFSI sector
• Working knowledge of risk management concepts

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Job Family Group:

Risk Management

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Job Family:

Risk Exposure Monitoring & Management

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Time Type:

Full time

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