Portfolio Credit Risk Management 2nd LOD Lead Analyst, Vice President

Job Background/Context

Effective September 2023, Citi established "Wealth" as a new business vertical, leading to significant structural changes. This includes the creation of the Wealth Wholesale Product & Portfolio Management (WPPM) vertical (January 2025) within Wealth Risk Management. This team is responsible for standardizing credit product management, overseeing wholesale credit portfolios for Wealth, representing Wealth in the development of risk frameworks, and ensuring Wealth Clusters adhere to these frameworks.

As a subject matter expert within the Wealth Wholesale Portfolio Management Risk team, this role is responsible for the execution of robust portfolio management and stress testing activities. The Vice President will conduct in-depth analysis, manage risk monitoring processes, and contribute to the strategic enhancement of risk frameworks to ensure credit risk is managed effectively across all Wealth Wholesale programs.

• Conduct continuous monitoring of the Wealth credit portfolio against established limits and risk appetite triggers.
• Perform in-depth portfolio analysis to identify and assess concentration risks, emerging trends, and potential vulnerabilities across different products and client segments.
• Prepare and present comprehensive portfolio review materials for senior management and risk committees, highlighting key insights and recommending specific actions.
• Contribute to the review and calibration of credit portfolio limits to ensure they remain relevant and effective in changing market conditions.

• Manage the end‑to‑end execution of portfolio stress testing cycles (e.g., CCAR, GSST, ad‑hoc scenarios), from data gathering and model execution to the analysis of results.
• Analyze stress test outputs to identify key risk drivers, quantify potential losses under adverse conditions, and prepare detailed summary reports for regulatory submissions and internal reviews.
• Contribute to the enhancement and refinement of stress testing methodologies, frameworks, and scenario designs to better capture the unique risks of the Wealth portfolio.

• Act as a subject matter expert on the Wealth portfolio for internal and external audits, regulatory exams, and ad‑hoc inquiries.
• Support governance discussions by providing detailed analysis and contributing to the effective challenge of business strategies and risk‑taking activities.
• Partner with Risk Reporting, Technology, and First Line of Defense teams to enhance portfolio management tools and validate the accuracy of risk data.
• Coordinate and assist with Internal Audit and regulatory deliverables, ensuring timely and accurate responses.
• Support Regulation T/Pershing program WPPM oversight activities.

• Experience:
  
  6-10 years' experience in financial sectors
• Knowledge/
  
  Experience:
  
  Essential:
  Proven hands‑on experience in credit portfolio management, including risk analysis, monitoring, and reporting. Demonstrable, in-depth understanding of credit analysis, counter party risk, and loanable value methodologies. Experience in the execution and analysis of portfolio stress testing (e.g., CCAR/GSST). Strong analytical skills with the ability to evaluate risk management tools and exposure monitoring processes.
• Desirable:
  The role would demand an exceptionally broad and deep understanding of both specific product risks and diverse cluster/market dynamics.
• Skills (Technical & Professional):
  Essential:
  Excellent quantitative, analytical, written, and verbal presentation skills. Capability to collaborate effectively with various teams including Risk Management, Technology, and Reporting Functions. Skill in communicating complex financial concepts and risks to stakeholders. Aptitude for organizing, coordinating, and executing projects from inception to completion. Capacity to manage information requests from regulators and auditors and support remediation efforts.
• Desirable:
  Very adaptive to change and capable of multitasking.
• Education:
  
  Bachelor's/University degree, Master's degree preferred

Risk Management

Portfolio…