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The Underwriter is a strategic professional who stays abreast of developments within own field and contributes to directional credit strategies by considering their application in the underwriting of private credit transactions and the credit financing business. The role pertains to structured credit and securitization related credit facilities and requires extensive product knowledge, deep corporate credit expertise, sharp commercial acumen, and ability to review/ assess legal documents thoughtfully.
Job Responsibility:
Appropriately assess credit risk and other risk considerations when business decisions are made
interface with and support bankers in underwriting requests for credit extensions of securitization facilities for new and existing clients
participate in due diligence and prepare a detailed written credit memo for periodic monitoring including annual reviews and quarterly memos
perform ongoing monitoring of individual transaction and portfolio trends in a timely fashion
keep abreast of latest research and developments in industry, product, and rating agency criteria
maintain familiarity and compliance with Citibank Wholesale Credit Risk policies/standards/procedures and regulatory policies
assists business unit goals by continuous identification of process improvements and efficiencies
provide backup support to Credit Underwriting Group Manager, lead projects and initiatives and mentor lower-level Credit Officers as needed
other duties as required to support thoughtful business growth and regulatory compliance
Requirements:
10 years previous credit authority experience within a financial institution
familiarity working in regulatory, compliance, policy environment
proven analytical skills including the ability to assess structural components of individual transactions, quality of underlying pool assets, and asset managers' capabilities
demonstrated knowledge of structured finance/securitization of Private Credit, Middle Market or Broadly Syndicated Loans along with leveraged loans, high yield credits
ability to deal with complex and variable issues where development of an approach/ action involves weighing various alternatives and balancing potentially conflicting needs
good analytical skills in filtering, prioritizing and validating potentially complex material from multiple sources
excellent organizational skills, prioritizing capabilities, attention to detail, and the ability to complete assignments within required deadlines in a fast-paced environment
effective interpersonal and written/verbal communication skills
pro-active disposition with ability to work autonomously and within a team
proficiency with various business applications (e.g., Excel, Word, PowerPoint)
experience in technology or operation/ process enhancements