Full-Time

Underwriter

Confirmed live in the last 24 hours

Citigroup

Citigroup

10,001+ employees

Global financial services and banking provider

Fintech
Social Impact
Financial Services

Compensation Overview

$203.3k - $227.7kAnnually

Senior

New York, NY, USA

Telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite.

Category
Corporate Finance
Risk Management
Finance & Banking
Required Skills
Financial analysis
Financial Modeling
Requirements
  • Requires a Bachelor’s degree or foreign equivalent in Business Administration, Economics or related field
  • 7 years of progressive, post-baccalaureate experience as an Investment Finance Specialist Lead, Credit Analyst, or related position involving conducting financial and credit analysis for a global financial services institution
  • 7 years of experience must include: Creating financial models and projections based off client information; Preparing financial reports and credit analysis; Analyzing and determining economic cycles and how they affect clients’ repayment conditions; and Documenting and approving credit facilities for Corporate Banking clients
  • 4 years of experience must include: Documenting and approving credit facilities for Ultra High Net Worth Individuals
  • Up to 10% international and domestic travel required
Responsibilities
  • Conduct financial analysis including financial statements, projections and returns calculations
  • Structure, execute, and maintain credit facilities for Corporate Clients in the North American Power and Chemicals sector
  • Perform credit analysis and full loan underwriting for financial transactions involving Corporate Power and Chemicals clients
  • Review and assess the credit profile and strength of existing clients to verify Credit worthiness and risk suitability
  • Prepare credit applications and ensure the accuracy and completeness of data
  • Define and negotiate the credit structure of lending transactions (pricing, tenor, amortization, collateral, and guarantors) and credit framework for covenants, representations, warranties, and events of default with clients and internal credit approvers
  • Assist with transaction structuring and execution, ensuing appropriate risk and return characteristics
  • Comply with Credit Policy, Credit Product Programs and Risk Acceptance Criteria
  • Interpret and assess the credit profile and strength of each existing and prospective borrower of the credit products offered by the Citi Corporate Bank
  • Prepare and review facility covenants in order to assist with portfolio management, including Credit Approval, annual reviews, covenant monitoring and compliance, waivers and extensions, and all related system maintenance
  • Perform problem recognition and assist with classified loans and remedial management
  • Propose credit classifications and appropriate risk ratings on specific transactions/relationships

Citigroup provides a wide range of financial products and services to various clients, including consumers, corporations, and governments. Its offerings include consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, utilizing its global network and technology to deliver financial solutions. Citigroup generates revenue through interest from loans, fees from banking services, and commissions from investment activities. Unlike many competitors, Citigroup's extensive international presence and commitment to sustainability through ESG initiatives set it apart. The company's goal is to facilitate international trade and investment while managing financial assets and providing liquidity in the global financial system.

Company Stage

IPO

Total Funding

$59.8M

Headquarters

Tel Aviv-Yafo, Israel

Founded

1812

Simplify Jobs

Simplify's Take

What believers are saying

  • Citi's focus on digital banking aligns with the growing trend of digital-first banking.
  • The partnership with Jumia opens growth opportunities in Africa's expanding e-commerce market.
  • Positive earnings report indicates recovery in consumer confidence and spending.

What critics are saying

  • Increased competition from digital platforms like Versana challenges Citi's market position.
  • Citi's exposure to Africa's volatile e-commerce market poses potential risks.
  • Regulatory scrutiny may impact Citi's collaboration with Mastercard for Google Pay Plex accounts.

What makes Citigroup unique

  • Citi's global reach spans over 160 countries, offering unmatched international banking services.
  • The introduction of 'Green Deposits' highlights Citi's commitment to sustainable banking solutions.
  • Citi's partnership with Mastercard for Google Pay Plex accounts enhances its digital banking offerings.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Paid Vacation

Paid Sick Leave

Paid Holidays