Working 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’ll have the opportunity to grow your career, give back to your community and make a real impact.
Institutional Credit Management (ICM) is a first line of defense function (1LOD) that houses and consistently manages credit risk activities performed for Citi’s institutional clients. Within ICM, the Credit Underwriting function provides credit analysis, underwriting, and first line of defense credit approval for periodic / material transaction reviews, and the subsequent credit monitoring across all institutional business including Banking, Services, and Markets relationships.
Citi is seeking a highly qualified and motivated individual to join the ICM team as an Underwriting Officer/ Analyst. The Underwriting Officer / Analyst will be responsible for the comprehensive assessment and management of credit risk associated with Citi's Large Corporates portfolio. This role offers a unique opportunity to contribute to the prudent management of risk within a critical segment of the global economy.
Key Responsibilities:
Under the guidance of an Underwriter:
Monitor client portfolio by reading industry reports, analyzing financial filings, news, rating agencies’ reports
Ensure consistence and accuracy on financial spreads and ratios throughout all monitoring memos
Build projection models under the close guidance of an Underwriter
Prepare accurate supporting documentation for internal credit ratings and classifications, utilizing appropriate internal models and analytical guidance
Keep written commentary concise and focused throughout all monitoring memos
Submit workflows in a timely manner and follow up with Risk or Underwriters for approval promptly
Develop and demonstrate basic understanding of internal policies and procedures
Ensure key tracked milestone deliverables are met and comply with key KPIs
Ensure timely completion of remediations identified during the internal testing process
Assist with ad hoc projects
Timely completion of all mandatory compliance / analytical trainings
Effectively communicate questions, concerns and/or potential delays pertaining to portfolio monitoring with Underwriters
Key Competencies:
Commitment to professional development and continuous learning
Ability to complete the basic transactions independently and low-medium complexity transactions under the guidance of underwriters
Ability to interpret and apply internal credit policies and procedures
Adherence to the highest ethical standards and a commitment to Citi's core values
Ability to communicate effectively with diverse audiences
Good interpersonal and relationship-building skills
Good organizational and time management abilities
Qualifications/Knowledge/Experience:
Bachelor’s/University degree, Master’s degree preferred
1-3 years of relevant experience [C10]
A strong foundation in financial analysis, including basic knowledge in interpreting financial statements and identifying key risk indicators
Foundational understanding of financial modeling and valuation techniques
Foundational understanding of standard product documentation (ISDAs, credit/facility agreements, amongst others)
Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint)
What We Offer
Opportunities to grow your career locally and collaborate with colleagues across Citi's global network.
A hybrid working model that balances in-office collaboration with remote flexibility.
Investment in your professional development through training programmes, mentorship, and skill-building opportunities.
Employee wellbeing support including medical coverage, mental health resources, parental leave, and family support programmes.
Competitive retirement contributions and investment options to support your long-term financial goals.
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Risk Management
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Credit Risk
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Full time
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Analytical Thinking, Credible Challenge, Financial Analysis, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.
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Constructive Debate, Escalation Management, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.
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Citi 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.
