Margin Lending Policy Head Jobs in Dubai at Citi

Title: Margin Lending Policy Head

Company: Citi

Location: Dubai

The Risk Policy Group Manager is accountable for management of complex/critical/large professional disciplinary areas. Leads and directs a team of professionals. Requires a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function. Applies in-depth understanding of the business impact of technical contributions. Strong commercial awareness is a necessity. Generally accountable for delivery of a full range of services to one or more businesses/ geographic regions. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication may be necessary. Accountable for the end results of an area. Exercises control over resources, policy formulation and planning. Primarily affects a sub-function. Involved in short- to medium-term planning of actions and resources for own area. Full management responsibility of a team or multiple teams, including management of people, budget and planning, to include performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval.

Facilitating profitable growth of the MSBF & overdraft products: evaluation of business proposals, participation in plan formulation, communication of policy changes.
Risk Appetite framework definition and analysis; concentration tracking; Preparation of PQR, and other dedicated and ad-hoc reports. Creatively analyze new data sources and tools for additional new opportunities.
Will partner with operational risk, collection strategy and fraud managers in defining credit verification and collection process/policy. Ensuring controls over implementation of policy.
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. Evaluating policy change requests and in the implementation and execution of policies.
Assess the effectiveness of the credit risk processes and standards to promote leading practices and identify opportunities for improvements
Coordinating all approval requests with Region. Work with Regional and Global risk teams to share information, share advances / new ideas, understand policies, and optimize programs. Understand and be the local expert on the Global Consumer Credit and Fraud Risk Polices.
Work cross-functionally with key business partners to support all acquisition and product strategies that will enable us to make the best risk/reward decisions. Ensure that credit policies and strategy are in line with the business objectives.
Ensuring compliance with Global Policy and relevant risk related regulations; ensuring compliance with local regulation. Ensure that the adequate infrastructure (systems, validations, MIS etc) is in place to properly manage the portfolio.
Drive the analysis of portfolio metrics, trends and KPIs (Key portfolio metrics), including deal pipeline, Specialists metrics, deal volume and trends.
Managing, training and developing a team of risk professionals.
People Management responsibilities:
Compliance: ensure that people management related tasks are executed in the managed team in accordance with Citi policies and procedures, complying with statutory regulations and laws (e.g. recruitment, work orders, managing performance, etc.)
High performing Team: ensure that the managed department has the required quantity and quality workforce in place. Team members are informed and trained to execute their jobs as required. Capacity planning and ensuring that staff levels are sufficient to meet business needs.
Engagement: take ownership for the managed team (incl. Team members in both Active and Passive status) and implement Citi people management practices to ensure excellent employee experience in the course of the entire employee lifecycle (e.g. regular team and individual dialogues, development opportunities, “Voice of Employee” actions, etc.)
Complete all tasks in connection with the organization’s activity but not detailed in the current job description, charged by the direct manager, supervisor, or the functional head.
10 years’ experience in Consumer Risk Management and 7 years’ experience in managing margin lending and overdraft Policy.
Expert knowledge of retail banking products and risk management, particularly for margin lending as well as operational and market risks associated with securities financing and wealth management lending
Strong knowledge of investments, securities market and associated internal and external regulations and risk.
Expert in collateral based lending to individuals. Knowledge of mark to market processes. Compliance background is appreciated.
Manage risk on a pro-active base, able to understand the influence of external factors. Theories, assumptions, limitations and goals behind stress and scenario analyses. Understand and interpret the local market and the difference amongst them.
Able to make decisions by gathering the appropriate information available with a focus on deadlines.
Develop and implement customer centric credit policies.
Awareness of Citi people processes, policies and relevant laws
Masters or higher degree in analytical field and/or relevant work experience.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Job Family Group:
Risk Management

Job Family:
Risk Policy

Time Type:
Full time

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