Credit Portfolio Senior Risk Analyst

2 weeks ago


O'Fallon, United States Citigroup Inc Full time

The Credit Portfolio Senior Analyst role is integral to the in-Business Risk Management Decision Support team, focusing on the assessment, execution, and verification of the proprietary Automated Underwriting system within the Mortgage sector. This position involves automation through the Dark Matters Empower System, specifically the Decision Engine/Decision Select. The individual will undertake independent validation and testing of vendor system updates, proprietary automated underwriting systems (AUS), and credit bureau standards.

Key Responsibilities:

  • Engage in the development and enhancement of Decision Select conditions, ensuring alignment with FNMA messaging outputs, regulatory standards, and assisting in the rollout of related policies and processes.
  • Design, implement, and conduct testing in lower-level environments for vendor system updates, proprietary AUS, and credit bureau requirements.
  • Oversee and evaluate daily reports concerning Mortgage Production incidents and UAT defects, acting as a primary escalation contact. Collaborate across functions to address issues within in-business Risk and Originations.
  • Enhance strategic outcomes by effectively optimizing risk automation to bolster the mortgage loan origination systems and improve process efficiencies.
  • Ensure the stability of risk automation through thorough testing of vendor and strategic initiatives impacting internal fulfillment and AUS recommendations.
  • Track and report on the test execution process and outcomes.
  • Communicate cross-functional requirements and comprehend business processes and workflows.
  • Collaborate to identify process enhancements and efficiencies that support business unit objectives through thorough analysis and recommendations.
  • Understand the company's approach to risk management as outlined in the Risk Governance Framework and its relevance to your responsibilities.
  • Evaluate risks when making business decisions, considering the firm's reputation and safeguarding assets by ensuring compliance with applicable laws and regulations, adhering to policies, and applying sound ethical judgment.
  • Timely escalate all risks and issues to management and senior stakeholders.

Qualifications:

  • A minimum of 5 years in Mortgage Underwriting or 6-10 years in Mortgage Processing is required.
  • In-depth knowledge of Credit Fundamentals, Credit Policy, and Mortgage Lending Programs is essential.
  • Proficiency in Mortgage loan origination systems (LoanFX / Empower is a plus).
  • Experience with UAT testing in the mortgage sector is advantageous.
  • Comprehensive understanding of the Mortgage process and origination systems, alongside an awareness of various business functions and their interactions.
  • Ability to work autonomously with a keen attention to detail and accuracy.
  • Strong organizational skills, capacity to manage multiple tasks, and the ability to meet deadlines in a dynamic environment.

Education:

  • A Bachelor's degree or equivalent experience is required.

This position is hybrid, and relocation assistance is not provided.



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