SVP, Credit Group Manager (BBY Portfolio)

This position resides in the Citi Risk Management team responsible for the Best Buy Retail Credit Card Portfolio. The successful candidate will be responsible for leading a team focused on existing account credit policy actions which includes authorizations, credit line management and closure programs. The Individual is accountable for the development and maintenance of strategies that deliver performance aligned with Citi’s risk appetite framework. The individual will work closely with the partner management, marketing, finance, and operations teams on an expansive set of portfolio objectives to deliver on growth targets for the portfolio.

The ideal candidate will have several years of experience in a large, sophisticated credit granting or risk management organization within a major consumer card, financial services, retailing or consulting business. The experience will have been gained in high volume, medium-to high risk environments, where risk assessment, technological sophistication, and data mining techniques are critical to their success. This individual will bring a strong analytical orientation, an appreciation for broad-based risk issues and a familiarity with operations. This person will have a demonstrated record of performance including responsibility for balanced portfolio growth and profitability in a sophisticated, fast-paced consumer credit environment. This experience is complemented by excellent overall business judgment. The candidate understands the short-and long-term profit dynamics for risk in various products and portfolios, as well as the complete consumer finance cycle and regulatory environment.

Responsibilities:

• Lead and develop a team of risk analysts and manage complex/critical/large professional disciplinary areas
• Lead risk financial forecasting efforts, including designing and maintaining complex credit loss and financial risk forecasting models, conducting cost of credit analyses, and monitoring product trends to identify key areas of risk-opportunity
• Develop, test, optimize and implement credit/valuation policies
• Manage risk levels for the entire credit/valuation spectrum across multiple products and retail formats consistent with program financial goals
• Track and report on initiatives, performance results, emerging trends and opportunities to senior management
• Establish cross-functional partnerships and networks in order to support the execute cross-functional and business initiatives
• 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:

• 10 years of experience in credit risk management or equivalent training
• Experience in the financial services industry preferred
• Demonstrated accountability for delivery of a full range of services to one or more businesses/geographic regions
• Consistently demonstrate clear and concise written and verbal communication
• Proven negotiation skills often used at a senior level
• Demonstrated ability to synthesize, prioritize and drive results with urgency
• Ability to obtain support and buy-in across a wide range of internal and external audiences

Education:

• Bachelor's degree/University degree or equivalent experience
• Master's degree preferred

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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.

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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.