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The Underwriter is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise.
Job Responsibility:
Interface with and support bankers in underwriting requests for commercial credit extensions
Prepare detailed written credit summary of commercial applicants
Perform detailed financial analysis on companies including trend and ratio analysis
Perform credit and personal financial statement analysis on individuals, guarantors, and co-borrowers
Perform industry and geographical research and other due diligence
Maintain compliance with Citibank credit policies/practices and regulatory policies
Assist with continuous identification of process improvements and efficiencies
Provide backup support to Credit Underwriting Group Manager, lead projects and initiatives
Requirements:
6-10 years previous credit authority experience
Prior experience working in a regulatory and compliance policy environment
Proven analytical skills including the ability to read and assess individual and company financial statements, cash flow, industry/competitive analysis and projections
Demonstrated knowledge of intermediate accounting theory and its practical application in the credit underwriting process
Excellent organizational skills, prioritizing capabilities, attention to detail
Effective inter-personal and written/verbal communication skills
Thorough problem recognition and resolution skills
Proficient in various spreadsheet and word processing applications (Excel and Word)
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