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About CitiCiti, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.Citi’s Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.Background & Position SummaryThis position is part of Branded Cards Risk Acquisitions team. Branded Cards acquires 4 MM new accounts every year and has $90B in receivables across market leading Proprietary Products (Double Cash, Simplicity, ThankYou, Diamond Preferred, etc.) and Co-Brands (American Airlines, Costco, AT&T, etc.). The team is looking for a high-energy individual who is looking to make a contributions at-scale. Familiarity with machine learning, big data and similar advanced analytical tools is preferred.Key ResponsibilitiesResponsibility covers managing portfolio risk policy, focusing on growing and maintaining healthy portfolios through line and various accounts maintenance programs such as limit increase/ decrease, accounts renewals/ closure, cross-selling between products
Identify policy improvement opportunities and take ownership of policy analytics from conception to execution, including business impact tracking
Develop credit tests and risk strategies, balancing risk-return trade-off
Work together with counterparts from Business, Sales, Credit Operations, Decision Management, Operations & Technology to ensure correct policy implementation at an operational level
Provide analytics at portfolio and segment levels for the purpose of monitoring, making policy adjustments, provide sound credit decisions with the ultimate goal of optimizing risk and rewards
Work together with the Risk MIS team, in charge of Credit Risk Reporting and Portfolio Quality Review Reporting, as well as facilitating ad-hoc reporting as needed
Analyze and validate internal, credit bureau and other external data sources for accuracy and their effectiveness in the program
Manage appropriate controls for the program, including internal and external audits and policy governance tasks
Effectively collaborate with business partners in Marketing, Execution, Finance, Data Management, Compliance and Legal to ensure flawless and timely execution and management of policies
Candidate Qualifications4-8 years of experience in credit risk management or equivalent training and experience preferably in the financial services industry
Bachelor’s Degree required in statistics, mathematics, or similar quantitative discipline
Master’s Degree or Ph. D’s degree preferred in Mathematics, Economics, Statistics, Engineering or a similar quantitative discipline
Experience with analytical or data management tools (e.g. SAS, SQL, R)
Excellent quantitative and analytical skills, ability to derive patterns, trends and insights, and perform risk/reward trade-off analysis
Good written and verbal communication skills with ability to connect analytics to business impacts
Proven ability to remain organized in a fast-paced environment
Excellent quantitative and analytic skills; ability to derive patterns, trends and insights, and perform risk/reward trade-off analysis
Ability to build effective presentations to communicate analytical findings to a wide array of audiences
Effective cross-functional project, resource, and stakeholder management; effectively engage with internal audit and external regulators
Experience with end-to-end project planning and management
Understanding of basic P&Ls of Cards / loans business
Job Family Group:Risk ManagementJob Family:Credit & Portfolio Risk ManagementTime Type: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/OFCCPEEOSupplementFinalJRFQA508c.pdf) .View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeoaapolicy.pdf) .View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp%20EnglishformattedESQA508c.pdf)Effective 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.Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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