Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization. ICM's objective is to provide integrated end-to-end credit underwriting, identification, measurement, management, and monitoring for wholesale credit risk across the enterprise. Within ICM, the Credit Underwriting function (ICM-UW) provides analysis, greenlight, underwriting, first-line-of-defense credit approval and subsequent credit monitoring across all ICG wholesale credit businesses.

Citibank Europe Plc (CEP) is the main EU licensed banking entity for Citi in EMEA. It is headquartered in Dublin, with branches in 21 countries.

CEP Credit Risk Team manages CEP’s entire loan book, covering Citi’s clients throughout the world and partners with other Risk Management teams across the ...