CRMS - Credit Maintenance Analyst

Location: Citi Taguig, National Capital Region, Philippines Overview CRMS serves as a critical component of our First Line of defense for wholesale and counterparty credit risk management that is part of Institutional Credit Management (ICM) under ICG Business. CRMS works through the challenges of the Wholesale Credit Risk Lending processes with the aim of transforming the credit process flows including but not limited to credit facility management, legal documentation, collaterals and risk reporting. Importantly, CRMS will coordinate with credit management groups across ICG business to ensure full alignment on business and regulatory goals, as well as consistency and best practices where appropriate. Our mandate is to create a world class, end-to-end wholesale credit management platform. The analyst is expected to bring fresh thoughts and new perspectives to drive the transformation agenda. Responsibilities Activation and maintenance of locally approved credit obligors in the credit system Preparation of credit approvals (CA) document in the credit system based on the data provided by the RM and Risk for Annual Review, Interim, Extension and Initial following the established procedures, policies and checkpoints; Input and maintenance of approved credit facilities in the credit system (e.g. facility creation, allocations/re-allocations, facility amendment, cancellation, classification, special handling instructions, and updates using “As Of” functionality) Ensure that the credit approvals are obtained and in compliance to the credit policy. Review and rectification of data exceptions; month-end adjustments on credit facilities via "as of" functionality. Monitoring, completion/filing of fully approved workflows; Monthly reporting of Expiring CAs and Expired CAs; Checking of approval for Classified Credit Review if in compliance to the credit policy. Prepares BCMA CA Face document based on the data provided by the RMs or analysts. Investigates relevant standard Optima exceptions and CitiRisk exception reports received from Global Reporting Team. Liaises with relevant parties to clear exceptions. Follows up with the responsible parties until resolutions of the exceptions. Works closely with other parties such as technology when required to resolve issues. Represents country in service quality call. Performs admin functions related to work requests management (i.e. Access, Query Management Application, ResolveIT). Being developed to be country SME. Facility/obligor maintenance and critical control process for elsewhere approved names. Daily reporting of facility changes extended to the client country. Review approvals; monitors, completes/files fully approved EUDD workflows; and sends monthly Expiring and Expired EUDD List as part of the Extending Unit Due Diligence (EUDD)/ Local Review Due Diligence (LRD) process. Performs Split Risk Reporting for some countries. Maintenance of Credit Officers in SharePoint. Monitors, investigates, and obtains relevant credit approval for intra-day excesses in compliance with the local procedure and credit policy. Generates, investigates, reports and escalates Direct, Contingent, PSE and SR exceptions to Business and Risk in accordance with the established standard process as part of the Next Day Limit Monitoring process. Receives, scans, lodges, and safekeeps credit facility documentations for Philippines clients and releases approved credit facilities upon review credit facility documentation review Provides supporting data, information, and reports to Finance, Loan Operations, and Risk for various regulatory and non-regulatory reporting. Provides credit information to other BAP-Credit Bureau member banks through Loandex system Facilitates the consolidation of exposures under facilities extended to ICG which is then being submitted to Credit Information Corporation. Investigates and liaises with responsible parties to clear relevant Optima and CitiRisk Facility Management exceptions Maintains excellent service quality by ensuring that exceptions monitoring processes are in compliance to agreed standards in terms of timeliness and accuracy Ensures audit controls and pass audit results Qualifications Fresh graduate or with relevant work experience up to 2 years Experience in credit operations or similar position Knowledge of the processes, procedures and systems Proficient computer skills with a focus on Microsoft Office, Microsoft Project, and Windows domain Ability to work in a team-oriented environment Education Bachelor’s degree/University degree or equivalent experience This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required. 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. Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. 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 the "EEO is the Law" poster. View the EEO is the Law Supplement. View the EEO Policy Statement. View the Pay Transparency Posting #J-18808-Ljbffr