ICM Underwriting is an integral part of the Credit Process. ICM UW mandate is to deliver best-in-class credit risk analysis, monitoring and credit administration as a partner to ICG Risk and Banking shared commitment to ensuring the safety and soundness of wholesale lending across ICG.
Credit Risk Analysts are responsible for a portfolio of Corporate Relationships, and being responsible for the continuous monitoring of that portfolio. That includes the production of Annual Reviews, Quarterly Reviews, and the support to Ad-Hoc Transactions and Portfolio & Industry Reviews and Stress Testing.
A Credit Risk Analyst is expected to have a basic understanding of credit risk, leveraging off an academic background Finance, Accounting, or Business Administration. They have close supervision from their respective Underwriter, but take each interaction opportunity to further learn about credit risk, industry fundamentals, effective writing and communication. The analyst should develop a deep client knowledge & coverage, coupled with expertise on Citi’s policies & procedures.
This role has responsibility for the portfolio of FI&PS (Financial Institutions and Public Sector) and some Consumer and Retail Relationships.
Key Responsibilities:
Assess the credit and financial strength of Citi’s counterparts by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors
Complete Credit Analysis Write-up Memos and Final Obligor Risk Ratings of Citi’s Counterparties based on independent assessment and judgement completed on the due diligence of the client and industry knowledge to provide appropriate extensions of credit remaining within Risk appetite
Continuous monitoring of the covered portfolio, including following industry trends, impacts to key relationships, and escalation of potential credit issues to Underwriters, ICG Risk and Banking partners
Partnership with applicable regional and industry stakeholders in Banking and Independent Risk in the implementation of credit assessment and monitoring standards for applicable portfolios
Support Voice of the Employee (VOE) initiatives
Travel (less than 10%)
Skills/Competencies:
Risk & Credit Underwriting:
Fundamental analytical skills, including an understanding of key financial components (liquidity position, leverage profile) with the ability to identify root causes and trends and anticipate horizon issues
Demonstrates basic knowledge of financial statements and GAAP accounting or similar governance relating to country of operation
Displays basic industry research capabilities, including risk and key drivers
Basic understanding of Credit Policy and procedures; proactively refers to resources as needed
Demonstrates ability to identify potential risk issues that need escalation and escalates them promptly
Leadership:
Displays a deep commitment and positive attitude to Citi and colleagues, is reliable, and eager to do more
Embraces the need for change and appreciates its benefits with natural curiosity
Demonstrates professionalism by being reliable, actively contributing in meetings, asking questions and challenging ideas
Competencies:
Interpersonal skills, with the ability to build relationships
Organizational skills with ability and willingness to work under pressure and manages time and priorities effectively
Strong written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority
Technical:
Must be able to write, speak and read English fluently
Microsoft Office (Word, Excel, and PowerPoint) skills
Knowledge of Financial Modeling Concepts
Qualifications:
BA/BSc in Finance or Accounting or higher degree in Business (MBA), or any other related subject
--------------------------------------------------------------
Time Type :Full time
--------------------------------------------------------------
Job Level :C10
------------------------------------------------------
Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Credit Decisions------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Analytical Thinking, Constructive Debate, Escalation Management, Financial Analysis, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.
