Citi Credit Risk Analyst 4 in Budapest, Hungary

  • Primary Location: Hungary,Budapest,Budapest

  • Education: Master's Degree

  • Job Function: Risk Management

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: No

  • Job ID: 17037350


Job Purpose:

Assess credit risk, approve individual credit request in own authorization limit and making proposal for higher approval

Manage and coach more junior analysts in the unit

Taking part in the set up and up-date of relevant Credit programs, processes and systems

Job Background:

Direct report to CLM Head being responsible for the Credit Origination Process

Risk assessment is driven by COC considerations and local business plans.

Strong co-operation with other divisions of the Bank especially with Sales teams and Risk. Relevant regulations: global and local policies, CCB’s Credit Program and CCB Risk General Procedures Manual

Key Responsibilities:

  1. Execution of the Credit Program and CCB Risk General Procedures Manual including:
  • Grading of individual prospect clients or group of companies – including all necessary checking

  • Identification of any risk issues that is not addressed in the standard approval criteria but negatively influences the final grading on a case by case basis

  • Executes customers field visits where ensures the business of the company and purpose of our loan in cases where it is appropriate

  • Consultation with Early Warning, Risk management

  • Setting up proposal for final grading, up or down grading, available credit lines, collaterals and any special term and conditions on Credit Application.

  • Review of the customer performance, annual review of existing customers

  • Proposal for classification or Early Warning monitoring

  1. Performing second approval/sign-off of Credit Application according to approval limit

  2. Evaluating collateral value of offered receivables and floating charge on company’s assets

  3. Maintain data consistency by daily usage of Infociti, CRM and DRM

  4. Follow the market practice, initiate necessary changes in risk process, CP, additional input for product development

  5. Responsible for timely annual review of existing customers (revision date update, maturing credit lines)

  6. Responsible for process and procedure updates

  7. Responsible for training and coaching of more junior staff, prepare semi-annual appraisal of potential direct reports, prepare annual goal setting, updating job descriptions according to processes, updating access rights

  8. Preparing ad-hoc analytical tasks (i.e. portfolio review purposes, stress tests)

  9. Responsible for cost of credit

  10. Maintain necessary controls

  11. Responsible for approval cycle time – setting priority of work-load

  12. Improve co-operation with Sales Team

  13. Complete all tasks – having connection with the organization’s activity but not detailed in the JDs – charged by the manager or superior

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.)

Development Value:

Being familiar with other unit of the bank, taking part in professional trainings, obtain deep market knowledge through customer calls and coached by senior management through daily connection.


Knowledge and Experience:

  • Minimum 6-8 years of experience in banking or other financial services in the related area

  • Knowledge of credit disciplines, loan products and risk policies

  • Demonstrated knowledge of intermediate accounting and its practical application in the credit underwriting process

  • Broad based experience in structuring bilateral credit agreements

  • Strong understanding of Commercial Banking business


  • Good interpersonal, negotiation skills

  • Strong analytical skills, including the ability to read and interpret company financial statements, cash flow, and industry and competitive analysis

  • Highly effective influencing skills, uses appropriate interpersonal and communication skills to gain acceptance of an idea, plan or activity

  • Attention to detail

  • Excellent organizational skills; able to complete assignments in a timely manner

  • Self-motivated with ability to work independently as well as in a team

  • Written Communications: writes clearly and succinctly; can get messages across that have the desired effect

  • Process Management: understands how to separate and combine tasks in to efficient work flow; can see opportunities for synergy and integration; can simplify complex processes

  • Good PC skills – Excel, Word

  • Excellent written and spoken English


  • College or University degree in finance, accounting or economics


  • Must have unquestionable integrity and high moral standards

  • Ethics & Values: Demonstrates ethics, integrity and sound judgment in all decisions and actions, and escalates ethics issues as required

  • Ability to pay attention to details, set priorities and work under pressure in an environment that is productivity driven

Intermediate level of English is needed for the job, and Advanced level is needed for working on a higher level.