Promaynov Advisory Services Pvt. Ltd
Website:
promaynov.com
Job details:
The Credit Risk Officer provides full leadership and supervisory responsibility for all Policies as published for the business as part of the Mortgage Program Manual (MPM). Provides oversight of the Risk Policy function with all partners within the business. Applies in-depth disciplinary knowledge through provision of value-added perspectives. Develops Policies, processes, procedures, and plans within the overall function. Strong communication and diplomacy skills are required as well as ability to work with multiple business functions. Will have responsibility for all Policy guidelines for Agency (Fannie Mae, Freddie Mac, FHA/VA) and Community Lending. Also develops/manages Policy for Non-Agency Citi Portfolio Programs (Home Equity, Wealth and Non-Agency Programs)
Responsibilities
- Performs oversight of the Policies for Agency and Non-Agency, High Net Worth, Ultra High Net Worth and Portfolio lending.
- Responsible for managing Risk and Controls and maintaining quality expectations set forth by the organization.
- Integrates in-depth credit underwriting background of complex transactions for all clients with a solid knowledge of industry standards and practices.
- Prepares a Comprehensive Fact Sheet of the Policy parameters to be used by the business when making Credit Decisions.
- Uses sound judgment to oversee more complex reviews and provides feedback to teams.
- Develop, conduct and host meetings with Senior level management as well as attend meetings with cross-functional business partners and contribute to meeting content.
- Analyze data, provide root cause analysis, generate accurate reports on a regular basis as well as facilitating ad-hoc reporting as needed in support of changes.
- Interact with and present to regulators, GSE’s and internal audit as needed. Attend various Regulatory Meetings, exam preparation meetings on behalf of Credit Risk to evaluate impacts.
- The ability to communicate, both in writing and verbally, with various organizational levels, complimented by a strong customer service ethic and team orientation is required.
- Ability to 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 behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
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