Unsecured Credit Policy

2 weeks ago

Dubai, United Arab Emirates Citi Full time

Unsecured Credit Policy & Portfolio Analyst deals with most problems independently and has some latitude to solve complex problems. Integrates in-depth specialty area knowledge with a solid understanding of industry standards and practices. Good understanding of how the team and area integrate with others in accomplishing the objectives of the sub-function/ job family. Applies analytical thinking and knowledge of data analysis tools and methodologies. Requires attention to detail when making judgments and recommendations based on the analysis of factual information. Typically deals with variable issues with potentially broader business impact. Applies professional judgment when interpreting data and results. Breaks down information in a systematic and communicable manner. Developed communication and diplomacy skills are required in order to exchange potentially complex/sensitive information. Moderate but direct impact through close contact with the businesses' core activities. Quality and timeliness of service provided will affect the effectiveness of own team and other closely related teams.

**Responsibilities**:

- Provides analysis of a business' financial trends, indicators and other client data for presentation to the Underwriting Manager for further discussion and consideration.
- Manages the risk associated with new and existing borrowing relationships through the following:

- Performs spreads of client business financial statements
- Creates Customer Accounting Systems’ through Credit Platform
- Recognizes potential client risk through early warning systems
- Performs periodic financial statement review
- Tracks established financial covenants
- Monitors compliance to borrowing base credit facility
- Accompanies Underwriting Manager on customer site visits (when appropriate)
- Compliance with Citibank policies to ensure satisfactory ratings from internal and external auditors.

**Qualifications**:

- 2-5 years previous experience in a financial institution with a focus on credit analysis and spreading software.
- Analyze program results vs expectations / Develop Strategies and Criteria / Gather data and prepare data for analysis

**Education**:

- Bachelor’s/University degree or equivalent experience

**Job Purpose**:
**The incumbent is a key resource in managing and developing all credit policy and process for consumer unsecured assets including acquisition and portfolio strategy (i.e. targeting, line assignment, cross sell, top-ups, activation/retention, balance transfer, credit line increase and authorizations), spanning for both Cards and Loans. She or he will also ensure adherence to standards established in the global policy; will regularly monitor portfolio performance/profitability, ensuring performance is within established benchmarks and risk appetite.**:
**The incumbent will partner with colleagues within risk team to enhance process and policy inclusive of providing his/her support in collection strategies, controls and management of operational risk; execution and management of policy within specific geography working effectively with Product/Marketing, Finance, Credit and Collections organizations towards achievement of business target.**:
**Key Responsibilities**:
**The incumbent will manage all risk aspects of cards and loans portfolio. Key dimensions include**:

- ** Analyze the total unsecured portfolio trend and patterns, evaluate information from multiple sources in order to maintain potentially complex and dynamic work flows for managing risk in pro-active basis. Ensure no surprises in managing risk.**:

- Use leading indicator to understand market trends and adapt business strategy accordingly.
- Risk Appetite framework definition and analysis; benchmark formulation; bureau and score use strategies, profitability analysis. Preparation of Risk Appetite Framework, generation of benchmarks analysis by business and risk segments, definition of target market.
- Supporting profitable growth of the Cards and Loans products in the cluster: evaluation of business proposals, communication of policy changes. Ensure alignment of policies between products (cards and loans). Identify new opportunities by constantly reevaluating old credit policies and processes. Design and execute tests that will enable future growth, strategy optimization, expense savings, or process enhancements. Full P&L evaluation to ensure optimizing balance between risk and rewards
- Monitor and validate credit policies across program and customer lifecycle. Develop tracking standards and review actual results versus forecasts with full analyses of any variances. Perform root-cause analysis to for any segment that is underperforming against expectations.
- Ensure understanding of credit policies across the organization by conducting training for credit operations officers/ customer service/ sales/ etc
- Ensure compliance with Global Policy and relevant risk related regulations; ensure compliance with local regula

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