Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join us in assessing and enhancing credit risk management quality through specialised Quality Assurance Reviews.
- Company: Citi is a leading global bank, committed to innovation and excellence in financial services.
- Benefits: Enjoy a full-time role with opportunities for growth, competitive pay, and a diverse work environment.
- Why this job: Make a real impact by ensuring compliance and driving quality in financial institutions' credit risk processes.
- Qualifications: Ideal candidates have experience in credit underwriting and a solid understanding of risk management frameworks.
- Other info: Citi values diversity and offers equal opportunities for all applicants.
The predicted salary is between 54000 - 84000 £ per year.
ICM In-Business Quality Assurance Financial Institutions Credit Risk – Underwriting – SVP
Individuals in Quality Assurance are responsible for the assessment of outcomes from activities and processes against conformance with applicable requirements to strengthen risk management quality such as quality testing performed for business function quality control and transformation lead quality control post completion of an activity/process. This includes the development and execution of Monitoring and Testing for controls, such as control design assessment, design of operational effectiveness for monitoring & testing tools, monitoring/testing design assessment, and execution of monitoring/testing tools to assess the effectiveness of key controls designed to address defined risks.
Responsibilities :
- Responsible for specialised Quality Assurance Reviews with focus on Counterparty Credit Risk / Financial Institutions Underwriting.
- Responsible for the quality, completeness, and accuracy of the implementation of the Control Framework, including Risk Control Policy, Control Standard, Issue Management
- Lead the assessment of activities and processes as per required Policies, Standards and Procedures to strengthen credit risk management quality.
- Conduct routine testing of internal activities and processes to ensure adherence to established quality standards and identify areas of risk or non-compliance.
- Review stakeholder/client feedback and respond to any quality assurance complaints or issues in a timely and efficient manner.
- Conduct routine testing of internal activities and processes to ensure adherence to established quality standards andidentify areas of risk or non-compliance.
- Integrate stakeholder/client feedback and respond to any quality assurance complaints or issues in a timely and efficient manner.
- Develop and execute Monitoring and Testing for controls, including control design assessment and design of operational effectiveness for monitoring & testing tools, monitoring/testing design assessment, and execution of monitoring/testing tool.
- Regularly report on quality control outcomes and control effectiveness to top management and relevant stakeholders.
- Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm\’s reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of teams and create accountability with those who fail to maintain these standards.
Qualifications :
- Solid understanding of risk management and control frameworks related to Counterparty Credit Risk Management and Underwriting. Preferable skills requirement for the candidate is credit underwriting experience within the financial institutions / funds / hedge funds area.
- Demonstratable control related function / quality assurance experience, in banking, credit risk management, internal audit, or quality assurance review function at an investment or large commercial bank.
- Ability to identify, measure, and manage key risks and controls.
- Ability to see the big pictures with high attention to critical details.
- Deep knowledge of Wholesale Credit Processes and organizational awareness, covered portfolios, and processes.
- Proficient knowledge of regulatory guidance specific to quality assurance andmonitoring/testing lifecycle.
- Developing new ideas and improving current processes to proactively mitigate risks.
- Requires an ability to provide challenge and make recommendation for risk and controls remediation.
- Expert knowledge in the development and execution for controls.
- Expert understanding of compliance with laws, rules, regulations, and best practices.
- Strong leadership, decision-making, and problem-solving skills.
- Strong analytical skills to evaluate complex risk and control activities and processes.
- Ability to deliver compelling presentations and influence executive audiences.
- Strong sense of accountability and ownership, with strong results orientation.
- Excellent communication skills; ability to engage and inspire across stakeholder groups.
- Exceptional command in Microsoft Office suite, particularly Excel, PowerPoint, and Word.
——————————————————
Job Family Group:
Controls Governance & Oversight
——————————————————
Job Family:
Quality Assurance, Monitoring & Testing
——————————————————
Time Type:
Full time
——————————————————
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
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 .
View Citi’s EEO Policy Statement and the Know Your Rights poster.
#J-18808-Ljbffr
ICM In-Business Quality Assurance Financial Institutions Credit Risk - Underwriting - SVP employer: Citigroup, Inc.
Contact Detail:
Citigroup, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land ICM In-Business Quality Assurance Financial Institutions Credit Risk - Underwriting - SVP
✨Tip Number 1
Familiarise yourself with the specific risk management and control frameworks related to Counterparty Credit Risk Management and Underwriting. This knowledge will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the financial institutions sector, especially those involved in credit risk management and quality assurance. Attend industry events or join relevant online forums to build connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Stay updated on regulatory guidance specific to quality assurance and monitoring/testing lifecycles. Being well-versed in current regulations will demonstrate your commitment to compliance and your ability to navigate the complexities of the role.
✨Tip Number 4
Prepare to showcase your analytical skills by discussing past experiences where you evaluated complex risk and control activities. Use specific examples to illustrate your problem-solving abilities and how you've contributed to improving processes in previous roles.
We think you need these skills to ace ICM In-Business Quality Assurance Financial Institutions Credit Risk - Underwriting - SVP
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in quality assurance, credit risk management, and underwriting. Use specific examples that demonstrate your understanding of risk management frameworks and your ability to conduct quality assurance reviews.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the ICM In-Business Quality Assurance role. Emphasise your experience with control frameworks and your analytical skills. Mention how you can contribute to strengthening credit risk management quality.
Highlight Relevant Skills: Clearly outline your skills related to monitoring and testing controls, as well as your proficiency in Microsoft Office, especially Excel and PowerPoint. Provide examples of how you've used these skills in previous roles to achieve results.
Showcase Leadership Experience: If you have experience leading teams or projects, make sure to include this in your application. Highlight your decision-making and problem-solving skills, and provide examples of how you've influenced stakeholders or improved processes in past roles.
How to prepare for a job interview at Citigroup, Inc.
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of the responsibilities and qualifications outlined in the job description. Familiarise yourself with concepts like Counterparty Credit Risk and Quality Assurance processes, as this will help you answer questions confidently and demonstrate your expertise.
✨Prepare for Scenario-Based Questions
Expect to be asked about specific situations where you've had to assess risks or implement quality controls. Prepare examples from your past experience that showcase your problem-solving skills and ability to manage compliance issues effectively.
✨Showcase Your Analytical Skills
Given the analytical nature of the role, be ready to discuss how you've evaluated complex risk and control activities in previous positions. Highlight any tools or methodologies you've used to assess effectiveness and improve processes.
✨Demonstrate Leadership and Communication Skills
As this position involves leading teams and reporting to top management, be prepared to discuss your leadership style and how you communicate with stakeholders. Share examples of how you've inspired teams or influenced decision-making in your previous roles.
