VP, Credit Portfolio Officer (Best Buy)
This position resides within the Citi Risk Management department, responsible for the $10B+ Retail Credit Card Portfolio. As part of the Citi Retail Services Risk Management team, the successful candidate will be responsible for developing, analyzing and executing ideas and initiatives designed to achieve business growth and loss mitigation goals. This responsibility involves driving credit risk initiatives as part of Existing Customer Risk Management. This role requires an individual with several years of credit risk management experience, strong statistical and data analysis skills, SAS skills, and the ability to derive rigorous segmentation results based on business knowledge and objective judgment of the balance between risk and reward for the portfolio. This position will have high cross-functional and partner interactions and requires strong interpersonal skills. Responsibilities: Responsible for developing, analyzing and executing ideas and initiatives designed to achieve business growth and loss mitigation goals. This responsibility involves driving credit risk initiatives in Best Buy's Existing Customer risk management with high cross-functional and partner interactions, requiring strong interpersonal skills. Develop framework for portfolio risk assessment including evaluation of credit and financial performance across varied lending products and industry segments Understand applicable credit policies, industry regulations and the requisite impact of those governance items to prospective new partners or product initiatives Establish and leverage cross-functional partnerships and network with key internal and external constituencies Utilize Statistical Analysis System (SAS) in a UNIX environment to perform risk, financial and data analyses including profiling, sampling, forecasting and new program due diligence Prepare risk management presentations for senior management that include analytics on expected portfolio performance and areas of potential risk and/or opportunity Has the ability to operate with a limited level of direct supervision. Can exercise independence of judgement and autonomy. Acts as SME to senior stakeholders and /or other team members. 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. Qualifications: 5+ years of experience in credit card risk management or equivalent training and experience preferably in the financial services industry Proven ability to apply credit and risk principles toward business goals Demonstrated ability to synthesize and prioritize Proven ability to remain organized in a fast-paced environment Strong interpersonal, organizational and problem solving skills Proven skills to manage effectively across cross functional areas in a matrix-organization Extensive knowledge of SAS programming including macro and SQL and knowledge of Knowledge Studio Education: Bachelor's degree/University degree in Quantitative Fields such as Economics, Statistics, Mathematics, Business Finance or Engineering, or equivalent experience Master's degree preferred Job Family Group: Risk Management Job Family: Credit & Portfolio Risk Management Time Type: Full time 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 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.