Power, Clean Energy Transition, Chemicals, NAM Credit ...

Power, Clean Energy Transition and Chemicals Credit UnderwriterCiti continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a relatively new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization. ICM's objective is to provide integrated "end-to-end" credit underwriting, identification, measurement, management, and monitoring for wholesale credit risk across the enterprise. Within ICM, the Credit Underwriting function (ICM-UW) provides analysis, greenlight, underwriting, first-line-of-defense credit approval and subsequent credit monitoring across all wholesale credit businesses including Banking, Capital Markets, and Advisory (BCMA), Global Structured Products, Financings, and Securitizations (GSP-F&S), Treasury & Trade Services (TTS), Markets, and Securities Services (MSS)Corporate Credit Underwriters cover large and complex relationships within North America, are responsible for all underwriting activities in the Power, Clean Energy Transition and Chemicals sectors, in partnership with Natural Resources Corporate Bank and Risk. This role reports directly to the Global Head of Natural Resources Corporate Credit Underwriting.KEY RESPONSIBILITIES:Executes, aligned with global and regional strategies, all responsibilities regarding underwriting, including, but not limited to:Adoption of leading practices in credit analysis, underwriting, and monitoring, including the end-to-end underwriting process, from early origination discussions, to development of credit approval memos, and senior approval forumsDetailed review of financial analysis, due diligence, projection modeling, stress testing, risk ratings and other in-depth analysis performed by junior resourcesReview and approval of Credit Approval Memos (CAM) packagesPartnering with Front Office on structuring and production of term sheet for new transactionsBe familiar with Citibank credit policies and practices and regulatory policies, to assist unit in achieving compliance and satisfactory ratings from internal and external auditors.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.Support ICM Underwriting organization on strategic initiativesprojects as requiredSPECIFIC RISK EXPERIENCE:Senior credit approval authority covering large and complex underwritings, capital commitments, derivatives with multi-industry experienceExperience in and exposure to global credit risk management standardsAbility to understand capital markets products and complex financing and product structuresAbility to provide strategic insights and strong sensitivity to macro, regulatory and sector specific issuesAble to discuss and address issues associated with the allocation of risk assets and risk capital in partnership with banking and product organizationsCLIENT RELATIONSHIPS BUSINESS PARTNERSHIP:Proven ability to understand nuances of local markets, local regulation, and the capabilities and practices of competitorsProvides well-reasoned, balanced assessments of riskreturn trade-offs associated with transactions and client relationshipsProven track record of partnering with global peers in leveraging and implementation of best practicesFacilitate relationships and partnerships with key clients in Banking and Risk and with key Regulators, Internal Audit, and control functions across multiple segments and geographiesQualifications:10+ years of experienceBachelor's degree in finance or accounting (preferred) - previous experience working in a financial institution with additional experience in a loan officer or underwriting role. (credit trained a plus)Advanced analytical skills including the ability to read and assess company financial statements, cash flow, industry and competitive analysis and projectionsDemonstrated knowledge of intermediate accounting theory and its practical application in the credit underwriting processExcellent organizational skills, attention to detail, and the ability to complete assignments in a timely mannerEffective written and verbal communication skillsProblem recognition and resolution skillsAbility to work autonomously and within a teamProficient in various spreadsheet and word processing applications (Excel and Word are preferred), including the use of graphs and charts, and Moody's financial analysis softwareEducation:Bachelor'sUniversity degree, Master's degree preferredThis job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.Job Family Group: Risk ManagementJob Family:Credit DecisionsTime Type:Full timePrimary Location:New York New York United StatesPrimary Location Full Time Salary Range:$163,600.00 - $245,400.00In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit . Available offerings may vary by jurisdiction, job level, and date of hire.Anticipated Posting Close Date:Feb 17, 2025Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools andor apply for a career opportunity review Accessibility at Citi.View the "EEO is the Law" poster. View the EEO is the Law Supplement.View the EEO Policy Statement.View the Pay Transparency Posting

Created: 2025-02-18