Analyst-Credit Financing Underwriting - Officer

Citibank; New York (NY); On-site; USD 86,000 - 121,000; Full time

Job summary

A leading financial institution is seeking an Underwriter to contribute to credit decisions and risk management. The role requires strong analytical and leadership skills, with responsibilities including underwriting commercial credit and performing detailed financial analyses. Candidates should have a background in quantitative fields and relevant experience in credit risk management. This position offers a competitive salary and comprehensive benefits.

Benefits

Medical, dental & vision coverage

401(k)

Life, accident, and disability insurance

Wellness programs

Paid time off

Qualifications

• 2-5 years relevant experience.
• Degree in Quantitative Fields.
• Experience in credit risk management.

Responsibilities

• Support bankers in underwriting commercial credit extensions.
• Prepare detailed credit summaries and perform financial analysis.
• Maintain compliance with credit policies and regulatory standards.

Skills

Analytical Skills

Communication

Leadership

Organizational Skills

Interpersonal Skills

Education

Bachelor's/University degree

Job description

The Underwriter – C11 is an intermediate level role. Applies in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and workflow for the area or function. Integrates subject matter and industry expertise within a defined area. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the function and overall business. Evaluates moderately 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 situations using multiple sources of information. Requires good analytical skills in order to filter, prioritize and validate potentially complex and dynamic material from multiple sources. Strong communication and diplomacy skills are required. Regularly assumes informal/formal leadership role within teams. Significant impact in terms of project size, geography, etc. by influencing decisions through advice, counsel and/or facilitating services to others in area of specialization. Work and performance of all teams in the area are directly affected by the performance of the individual.

Responsibilities:

• Interface with and support 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 individuals, guarantors, and co-borrowers in order to assess repayment capacity based on cash flow statements, tax returns, and statements.

• Perform industry and geographical research and other due diligence as needed.

• Maintain a solid understanding of Citibank products and services - within Small Business/Commercial Banking and the broader organization.

• 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.

• 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.

Qualifications:

• 2-5 years relevant experience

• Degree in Quantitative Fields such as Economics, Engineering, Operations Research, Business Finance, or Mathematics.

• Previous experience in credit risk management or equivalent training and experience preferably in the financial services industry.

• Ability to apply credit and risk principles toward business goals.

• Demonstrated ability to synthesize, prioritize and drive results with a high sense of urgency.

• Must be highly organized and able to work in a fast-paced environment managing multiple projects and possess effective.

• Interpersonal, organizational and analytic skills.

Education:

• Bachelor's/University degree or equivalent experience

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Job Family Group:

Risk Management

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Job Family:

Credit Decisions

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$86,330.00 - $120,470.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

May 19, 2025

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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.

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