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.
Prepare a detailed written credit summary of commercial applicants requesting credit by analyzing the business, interpreting the finance need, identifying the strengths and prevailing risk factors and rendering a final credit decision.
Perform industry and geographical research and other due diligence as needed.
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.
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, 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:
2-5 years relevant experience
Degree in Quantitative Fields such as Economics, Engineering, Operations Research, Business Finance, or Mathematics.
Previous experience in credit risk management or equivalent training and experience preferably in the financial services industry.
Ability to apply credit and risk principles toward business goals.
Demonstrated ability to synthesize, prioritize and drive results with a high sense of urgency.
Must be highly organized and able to work in a fast-paced environment managing multiple projects and possess effective.
Interpersonal, organizational and analytic skills.
Bachelor's/Universitydegree or equivalent experience
Additional Job Responsibilities:
Provide analytical and transactional support to the construction asset management team
Assist Asset Managers in reviewing and processing credit actions during construction, such as loan extensions, classified credit reviews and material events requiring lender consent and approval
Work with Asset Managers to conduct annual reviews of client relationships
Participate in credit approval process, assembling credit packages for Citi’s risk management review, drafting credit memos and obtaining the necessary credit approval documentation for credit actions on extensions, consents, loan modifications and relationship annual reviews
Assist Asset Managers in managing the pipeline of active credit actions during construction, following up on action dates and required deliverables
Support Asset Managers with monthly reporting responsibilities, including updates on the status of lease up and upcoming loan maturities
Participate in internal and external deal team calls, actively participating in discussion of the deal specific issues with other members of the deal team including bankers, underwriters, loan servicing, credit risk and construction management
Assist Asset Managers with ongoing relationship duties including issues that arise during construction, lease up, loan modifications, loan extensions and permanent loan conversions
Externally interact with borrowers, agencies, syndicators, legal counsel, and other transaction parties
Risk ManagementCredit DecisionsFull timeNew York New York United States$86,330.00 - $120,470.00