Interface with and support bankers in underwriting requests for commercial credit extensions for new and existing clients with ownership responsibilities for sound credit decisions and compliance with internal procedures/credit risk policy guidelines and standards.
Conduct due diligence and prepare a detailed written credit memo on the proposed transaction by performing detailed analysis of the business terms, structural elements, strengths and prevailing risk factors, assets types, compliance with internal underwriting guidelines and rendering a final credit recommendation.
Perform ongoing and timely reviews of existing transactions.
Keep abreast of research and developments in industry, product. and rating agency criteria
Maintain a solid understanding of Citibank products and services - within Financing & Securitization and the broader organization.
Maintain compliance with Citibank credit policies/practices and regulatory policies, to ensure business unit is in adherence to the above and receives satisfactory ratings from internal and external auditors.
Assists business unit goals by continuous identification of process improvements and efficiencies that reduce costs and improve customer service levels. Work with management team on prioritization and implementation of approved actions.
Provide backup support to Credit Underwriting Group Manager, lead projects and initiatives and mentor lower-level Credit Officers as needed.
Other duties as required to support business unit and company goals.
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup's 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:
6-10 years previous credit authority experience within a financial institution and familiarity working in regulatory, compliance, policy environment
Securitization or CLO experience preferred
Proven analytical skills including the ability to assess structural components of individual transactions and asset managers' capabilities, strategies and track records.
Demonstrated knowledge of intermediate accounting theory and its practical application in the credit underwriting process
Excellent organizational skills, prioritizing capabilities, attention to detail, and the ability to complete assignments within required deadlines in a fast-paced environment
Effective inter-personal and written/verbal communication skills
Thorough problem recognition and resolution skills
Pro-active disposition with ability to work autonomously and within a team Proficient in various spreadsheet and word processing applications (Excel and Word), including the use of graphs and charts and financial analysis software
Experience with complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting needs.
Good analytical skills in order to filter, prioritize and validate potentially complex material from multiple sources.
Exercises wide degree of latitude and discretion.
Provides advice on related to the technology or operations of the business.