The Country Risk Exec Group Mgr (MD) manages multiple teams of senior professionals through other senior managers. The job requires a broad and comprehensive understanding of the different systems, theories and practices relevant to a function as well as practical experience of multiple business cycles. In-depth knowledge of the industry and direct competitors' products/services is also necessary in order to contribute to the commercial objectives of the business. Requires thorough understanding of strategic direction of the function within the business, combined with a solid conceptual/practical grounding in both the function and/ or area of expertise. Excellent communication skills required in order to influence a wide range of audiences. The job is likely to be involved in both internal and external negotiations which will have a major impact on the area managed, and possibly on other related areas and organization as a whole. Develops medium
- to long-term plans and executes functional strategies for a large/complex country, cluster of countries, or business requiring coordination and integration across units. Provides input into strategic decisions affecting job family or function within a region or business. Full management responsibility of multiple teams, including management of people, budget and planning. Has authority to negotiate and make independent decisions on issues/activities that have critical impact or influence on company revenues, capital or business operations. Typically, a direct report to an EB role and sits on the highest functional leadership team within a region, job function, or global business.
**Responsibilities**:
- Analyzes global and country-level economic and political developments for the purpose of assessing sovereign creditworthiness and the risk of a crisis in a country.
- Involved in determining country risk ratings, watch list status, country risk limits, scenario planning and stress testing on a country or regional basis. All of these functions are performed to minimize credit losses; losses due to cross border restrictions; market losses; operational losses; damage to Citigroup franchise and/or reputation.
- Develops long-term functional strategies for a global operating unit or a Region with coordination and integration across units & functions.
- Assesses risk/return trade-offs associated with transactions, products, analytical tools and client relationships. Has authority to negotiate and make autonomous decisions on issues / activities that have critical impact or influence on company revenues, capital, or business operations.
- Has full management responsibility for multiple teams, including management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval. May be doing, involved or responsible for diverse (cross-discipline) activities.
- Manages crises and high risk scenarios. Assesses stress testing impact of risk on portfolio value and capital and advises the business accordingly.
- Identifies key risks and all respective components of a problem, leading to resolution.
- Analyzes the impact of changes in macroeconomic indicators on portfolio/business performance.
- Provides strategic direction for stress testing impact of risk on portfolio value and capital and advises the business accordingly.
- Sets approvals and reviews country-managed cross border limits for global and other important countries as required including watch listed countries; approve and review all product-managed cross border limits; approve tenor exceptions or alternative processes.
- Identifies key risks and all respective components of a problem, leading to resolution as well as assesses fraud or franchise risk and revenue /cost implications.
- Serves as a point of escalation for key issues or time sensitive decisions. Makes final decisions on complex risk issues or products, deal structures, policy creation, for own region or group.
- Breaks silos and build partnerships across functions and regions. Creates and sustains a network of valued client relationships.
- Strives for diversity; recruits, retains and develops talent.
- Regularly communicates and ensures key messages are cascaded throughout the organization.
- Assesses fraud or franchise risk and revenue/cost implications.
- Meets with regulators to discuss industry-wide issues and/or broad issues with Citi.
**Qualifications**:
- 15+ years prior experience in managing a global function
- Formal credit training
- Highly motivated, team oriented, organized
- Excellent communication skills required in order to influence a wide range of audiences
- Strategic vision and analysis
- Experienced negotiator (internally and externally)
- Detailed understanding of institutional processes and policies
- In-depth knowledge of the industry and direct competitors' products/services is also necessary in order to contribute to the commer