Underwriter

• Work alongside bankers in underwriting requests for new and existing clients with ownership responsibility for the end to end credit process
• Lead credit due diligence with clients and perform relevant industry and peer analysis
• Prepare detailed written credit summaries by analyzing the business, performing detailed financial analysis, interpreting the finance need, identifying the strengths and prevailing risk factors and rendering a final credit decision that meet the Business risk and return goals
• Prepare credit ratings and financial projections in order to assess the repayment capacity of borrowers
• Present credit analysis to approval committees and effectively answer questions when challenged
• Manage, negotiate and execute facility documentation following credit approval
• Stay abreast of developments within the global economy and designated industries in order to support problem recognition and the directional strategy of the business
• Ongoing early warning monitoring and the preparation of annual credit reviews for a portfolio of clients
• Maintain a solid understanding of Citi’s products and services and the unique commercial bank proposition
• Work with colleagues globally to offer credit solutions to international subsidiaries understanding local market requirements
• Maintain compliance with Citibank credit policies / practices and regulatory policies, to ensure the business unit is in adherence and receives satisfactory ratings from internal and external auditors
• Aid business unit goals by continuous identification of process improvements and efficiencies that reduce costs and improve customer service levels. Work with management team on prioritization and implementation of approved actions
• Provide backup to Credit Underwriting Group Manager, lead projects and initiatives and mentor lower level Credit Officers as needed
• Other duties as required to assist business unit and company goals

• 6-10 years Commercial/Corporate banking experience with a focus on credit analysis and underwriting
• UK banking industry experience preferred
• Proven analytical skills including the ability to read and assess company financial statements, cash flow, industry and competitive analysis and projections
• Knowledge of intermediate accounting theory and its practical application in the credit underwriting process
• Experience working with and negotiating LMA Investment Grade or Leveraged RCF and Term Loan credit agreements
• Experience preparing financial assumptions in order to build cash flow projection models
• Excellent organizational skills, attention to detail, and the ability to complete assignments in a timely manner
• Effective written and verbal communication skills, problem recognition and resolution skills, and ability to work independently and within a team
• Proficient in various spreadsheet and word processing applications (Excel and Word are preferred), including the use of graphs, models and charts
• Educated to degree level or equivalent

UK banking industry experience