Discover your future at Citi
\nWorking at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you\u2019ll have the opportunity to grow your career, give back to your community and make a real impact.
\nJob Overview
\nUnderwriting (UW) is an integral part of the Institutional Credit Management (\u201cICM\u201d) organization.\u00a0 UW\u2019s mandate is to deliver best-in-class credit risk analysis, monitoring and credit administration as a partner to Corporate Banking and Risk shared commitment to ensuring the safety and soundness of wholesale lending across Citi.
\nUnderwriting Analysts are responsible for a portfolio of Corporate, Public Sector and Financial Institutions Relationships, owning the Credit Risk Analysis for those relationships, and being responsible for the continuous monitoring of that portfolio. That includes the production of Initial Credit Approvals, Transaction Approvals, Annual Reviews, Quarterly Reviews, and the support to Ad-Hoc Portfolio & Industry Reviews and Stress Testing.
\nResponsibilities:<\/p>\n
Assess the credit and financial strength of Citi\u2019s Most Complex Large Corporate, Public Sector and Financial Institution Clients by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors.
\nComplete Credit Analysis write-ups while assigning internal credit risk ratings based on independent assessment and judgement completed on the due diligence of the client and industry knowledge.
\nContinuous monitoring of the covered portfolio, including following industry trends, impacts to key relationships, and escalation of potential credit issues to Underwriters, Risk and Banking partners.
\nPartnership with applicable regional and industry stakeholders in Banking and Independent Risk in the implementation of credit assessment and monitoring standards for applicable portfolios.
\nMaintain compliance with Citibank credit policies\/practices and regulatory policies, to ensure business unit is in adherence and receives satisfactory ratings from internal and external auditors.
\nAssists 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.
\nOther duties as required to support business unit and goals.<\/p>\n
Recommended Qualifications:<\/p>\n
6-10 years of credit experience in Banking, Credit Risk Management or equivalent credit experience.
\nStrong analytical skills, including an understanding of key financial components (liquidity position, leverage profile) with the ability to identify root causes and trends and anticipate horizon issues.
\nBackground on Corporate, Financial Institutions & Public Sector risk analysis will be a plus.
\nAdvanced industry research capabilities, including risk and key drivers.
\nAbility to identify potential risk issues that need escalation and escalates them promptly.
\nProven analytical skills including the ability to understand and assess company financial statements, cash flow, industry\/competitive analysis and projections; including complicated business structures with foreign subsidiaries and\/or parent organizations.
\nExcellent organizational skills, prioritizing capabilities, attention to detail, and the ability to complete assignments within required deadlines in a fast-paced environment.
\nEffective inter-personal and written\/verbal communication skills.
\nProficiency in French will be an added advantage
\nThorough problem recognition and resolution skills
\nEducation:
\nBachelor\u2019s\/University degree, Master\u2019s degree preferred<\/p>\n
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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\nJob Family Group:
\nRisk Management
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\nJob Family:
\nCredit Risk
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\nTime Type:
\nFull time
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\nMost Relevant Skills
\nAnalytical Thinking, Constructive Debate, Escalation Management, Financial Analysis, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.
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\nOther Relevant Skills<\/p>\n
For complementary skills, please see above and\/or contact the recruiter.
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\nCiti is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
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