Job details
Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.
The Global Underwriting Credit Team within Institutional Credit Management (“ICM”) is seeking an AVP to join its Analytics team. The AVP is a professional with the goal to deliver best-in-class credit risk analysis, monitoring and credit administration as a partner to broader ICM Underwriting and Banking, Capital Markets and Advisory’s (BCMA) shared commitment to ensuring the safety and soundness of wholesale lending across ICM. The AVP will work with the rest of the teams to create a best-in-class Underwriting organization with the primary goal of materially enhancing Citi’s end-to-end credit management process.
The VP will be responsible for independent completion of Annual Reviews and Quarterly Reviews, and for supporting Underwriters on transactions.
In this role, you’re expected to:
Assess the credit and financial strength of Citi’s most complex Large Corporate Clients by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors
Monitor the covered portfolio, including following industry trends, impacts to key relationships, and escalation of potential credit issues to Underwriters, Risk and BCMA partners
Evaluate and gain a strong understanding of clients' business model, financial performance, and key credit drivers across various industries, through both due diligence process as part of transactions and ongoing credit monitoring responsibilities
Assess the borrower’s cash flow profile by building projection models used in assigning a regulatory rating and driving decision on the extension of credit to obligors
Provide analytical support across functions: (1) Transaction origination and credit approval; (2) portfolio management and early problem recognition; (3) Global lending related projects and strategic initiatives
Provide mentoring and guidance to C10 – C12s as required to ensure timely and appropriate completion of monitoring memos
Provide sign-off for C10 and C11 AR and QR memos, as delegated by Team Lead; ensure all checklists are completed for monitoring memos if signing off.
As a successful candidate, you’d ideally have the following skills and exposure:
10-13 years of credit analysis, origination, or relevant credit experience
Well-developed analytical skills, including an understanding of key financial components (liquidity position, leverage profile with the ability to form independent opinions on credit and recognize emerging risks)
Pro-active disposition with ability to work autonomously and within a team
Strong organizational skills with ability and willingness to work under pressure and manages time and priorities effectively
Advanced knowledge of Microsoft Word, Excel, and PowerPoint
Ability to deal 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.
Ability to take on demanding responsibilities and work independently, while juggling multiple tasks at one time effectively manage deadlines and juggle multiple tasks at once
Awareness and adherence to the control environment including Quality Assurance and Quality Control
Provides advice and counsel related to the technology or operations of the business.
Education:
MBA or CFA or CA
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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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Credit Risk------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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