Credit Officer

Citigroup; Greater London; Hybrid; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Hybrid work model

Professional development and mentoring

Employee wellbeing support

Job summary

Citigroup is seeking a Credit Officer in a hybrid UK role to support originators and bankers in underwriting commercial credit requests. You will analyze business needs, assess risks, and render final credit decisions while ensuring compliance with internal policies. Collaboration with risk, underwriting, and client teams is essential.

You will also drive process improvements, mentor junior staff, and maintain strong communication with stakeholders across Citi's global network.

Qualifications

• Proven analytical skills for financial statements, cash flow, and projections.
• Knowledge of intermediate accounting theory as applied to underwriting.
• Excellent organizational and communication abilities.
• Ability to work autonomously and within a team environment.
• Proficient with Excel and financial analysis tools.

Responsibilities

• Underwrite commercial credit extensions for new and existing clients.
• Prepare detailed credit summaries analyzing business, finance needs, and risks.
• Perform financial and ratio analyses on obligors and guarantors.
• Conduct industry and geographical due diligence and ensure policy compliance.
• Identify process improvements to reduce costs and improve service.
• Provide backup to the Group Manager and mentor junior officers.
• Escalate control issues with transparency and manage risk.

Skills

Analytical skills

Financial statement analysis

Cash flow analysis

Credit underwriting

Communication skills

Team collaboration

Problem solving

Education

Bachelor's degree

Master's degree preferred

Tools

Excel

Word

Financial analysis software

Job description

The Credit Officer 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. Recognized technical authority for Securitization and Credit Financing within the business. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.

Responsibilities

Interface with and support originators and bankers in underwriting requests for commercial credit extensions for new and existing clients with ownership responsibilities for sound credit decisions and compliance with internal procedures/credit risk policy guidelines and standards. Prepare a detailed written credit summary of commercial applicants requesting credit by analyzing the business, interpreting the finance need, identifying the strengths and prevailing risk factors and rendering a final credit decision. Perform detailed financial analysis on companies, including trend and ratio analysis, and interpret the financial information. Perform credit and personal financial statement analysis on obligors, guarantors, and co-borrowers in order to assess repayment capacity based on statements. Perform industry and geographical research and other due diligence as needed. Maintain a solid understanding of Citibank products and services Maintain compliance with Citibank credit policies/practices and regulatory policies, to ensure business unit is in adherence to the above and receives satisfactory ratings from internal and external auditors. Assists 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 support to Credit Underwriting Group Manager, lead projects and initiatives and mentor lower level Credit Officers as needed. Other duties as required to support business unit and company goals. Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm’s reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Recommended Qualifications

Proven analytical skills including the ability to understand and assess individual and company financial statements, cash flow, industry/competitive analysis and projections; including complicated business structures with foreign subsidiaries and/or parent organizations. Demonstrated knowledge of intermediate accounting theory and its practical application in the credit underwriting process Excellent organizational skills, prioritizing capabilities, attention to detail, and the ability to complete assignments within required deadlines in a fast-paced environment Effective inter-personal and written/verbal communication skills Thorough problem recognition and resolution skills Pro-active disposition with ability to work autonomously and within a team Proficient in various spreadsheet and word processing applications (Excel and Word), including the use of graphs and charts and financial analysis software Typically deals with complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting needs. Requires good analytical skills in order to filter, prioritize and validate potentially complex material from multiple sources. Exercises wide degree of latitude and discretion. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.

Education

Bachelor's/University degree, Master's degree preferred

What We Offer

• Opportunities to grow your career locally and collaborate with colleagues across Citi's global network.
• A hybrid working model that balances in-office collaboration with remote flexibility.
• Investment in your professional development through training programmes, mentorship, and skill-building opportunities.
• Employee wellbeing support including med