Citi Commercial Bank – Commercial Lending Management – Assistant Vice President

Description

Citi’s Commercial Bank for the North American region is a rapidly growing business, targeting emerging, mid- and larger-sized companies based in the United States or Canada, with annual revenue generally from $20 million to $1 billion plus.  To facilitate wholesale lending activities, Commercial Lending Management serves as an in-business credit function organized around our strategic industries and global target market approach.  CLM plays a critical role of the client delivery model for the CCB, translating thought-leadership, industry and product expertise, and an end-to-end ownership of the credit relationship into best-in-class lending solutions.  We are seeking a dynamic and motivated credit professional to join our team writing annual reviews and completing ad hoc spreads.  

The Assistant Vice President will facilitate the lending process including all due diligence required to perform an annual review, not limited to risk rating, assessing classification, structuring, research on industry and client level due diligence, financial analysis, etc.

The Assistant Vice President is responsible for supporting the underwriting and monitoring of a material amount of credit risk associated with capital deployed across a variety of lending products appropriate for commercial banking relationships.  A thorough understanding of and compliance with WCR Policies and Procedures is critical to success in this roles as it interfacing with oversight such as 1Lod and 2LoD approvers, IBQA, Credit Risk Review, IRQA, etc.

The Assistant Vice President role also requires the individual to develop an understanding of various Citi, credit policies, processes, and procedures, and how to apply these concepts consistently in practice, including ensuring the portfolio is appropriately risk-rated and classified, properly secured (if applicable) and that early warning signs are established and proactively addressed. CLM represents a critical “first line of defense” control function for the bank, ensuring the CCB's credit process is conducted in accordance with all internal and regulatory frameworks, and is responsive to relevant inquiries. 

Key Responsibilities

• Facilitate the end-to-end annual review and portfolio management  process within the NAM CCB for the assigned relationships and portfolio
• Rapidly develop knowledge of assigned portfolio and industry, and create well-supported analysis that effectively balances risk and business objectives
• Ensure appropriate regulatory classification and minimizing net credit losses for covered portfolio, as well as identify emerging areas of concerns that should be escalated
• Produce the underlying analysis and workflow supporting underwriting requests for new-to-bank and existing credit relationships, including pre-screening opportunities, facilitate amendments and extensions, perform annual reviews and other credit requests, including the related diligence
• Timely analysis and preparation of monthly and/or quarterly financial memo reviews of existing borrowers to track compliance with loan covenants, raising potential concerns and taking necessary actions in partnership with other key stakeholders for the assigned portfolio

• Develop and maintain an extensive knowledge in the various credit products and services offered to CCB clients

Qualifications

• Experience in credit underwriting, portfolio and/ or risk management with a multinational financial services organization
• Demonstrated knowledge of basic accounting and financial concepts and their practical application in the credit underwriting process
• Excellent communication (written, verbal, presentation and listening) and organizational skills; ability to complete multiple priorities in a timely manner
• Demonstrates learning agility: seeks out resources and experience to continually build knowledge/skills; quickly and successfully applies learning to new situations
• Highly proficient in spreadsheet, word processing and presentation applications, including strong data visualization skills
• Bachelor’s degree; advanced degree(s) and other certifications considered but not required

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Job Family Group:

Risk Management

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Job Family:

Credit Risk

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Time Type:

Full time

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Most Relevant Skills

Analytical 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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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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