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Job Overview

Underwriting (UW) is an integral part of the Institutional Credit Management (“ICM”) organization. UW's 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.

Underwriting 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.

Responsibilities or duties

Responsibilities:

• Assess the credit and financial strength of Citi’s Most Complex Large Corporate, Public Sector and Financial Institution Clients by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors.
• Complete 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.
• Continuous 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.
• Partnership with applicable regional and industry stakeholders in Banking and Independent Risk in the implementation of credit assessment and monitoring standards for applicable portfolios.
• Maintain 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.
• 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.
• Other duties as required to support business unit and goals.

Qualifications or requirements

Recommended Qualifications:

• 6-10 years of credit experience in Banking, Credit Risk Management or equivalent credit experience.
• Strong 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.
• Background on Corporate, Financial Institutions & Public Sector risk analysis will be a plus.
• Advanced industry research capabilities, including risk and key drivers.
• Ability to identify potential risk issues that need escalation and escalates them promptly.
• Proven 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.
• 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.
• Proficiency in French will be an added advantage
• Thorough problem recognition and resolution skills

Education:

Bachelor’s/University degree, Master’s degree preferred

• Assess the credit and financial strength of Citi’s Most Complex Large Corporate, Public Sector and Financial Institution Clients by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors.
• Complete 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.
• Continuous 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.
• Partnership with applicable regional and industry stakeholders in Banking and Independent Risk in the implementation of credit assessment and monitoring standards for applicable portfolios.
• Maintain 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.
• 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.
• Other duties as required to support business unit and goals.

• Strong 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.
• Advanced industry research capabilities, including risk and key drivers.
• Ability to identify potential risk issues that need escalation and escalates them promptly.
• Proven 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.
• 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.
• Proficiency in French will be an added advantage
• Thorough problem recognition and resolution skills

• 6-10 years of credit experience in Banking, Credit Risk Management or equivalent credit experience.
• Background on Corporate, Financial Institutions & Public Sector risk analysis will be a plus.