Credit Analyst

Citi; New York (NY); On-site; USD 70,000 - 100,000; Full time

Job summary

Citi in New York is seeking a Credit Analyst to grow as a developing professional, applying analytical thinking to evaluate complex credits and prepare careful cash flow and collateral assessments.

You will spread financial statements, support loan decisions, coordinate with Credit Officers and Relationship Managers, and ensure accuracy and timeliness of underwriting packages. The role requires attention to detail and clear communication of findings across teams.

Qualifications

• Experience with financial statement analysis and bank-expected spreads.
• Knowledge of GAAP accounting and financial regulations.
• Ability to interpret data and communicate conclusions clearly.

Responsibilities

• Spread new, renewal, interim financial statements and tax returns per bank guidelines.
• Provide succinct analysis based on customers, peers, the portfolio, and the industry.
• Provide preliminary analysis of credits, including cash flow, debt service coverage, collateral, and guarantor net worth.
• Coordinate with Credit Officers, Credit Analysts, Other Credit Center Staff and Relationship Managers.
• Advise on loan agreements/covenants clarification and monitoring.
• Perform QA reviews to ensure application packages and analysis are thorough and accurate.
• Provide leadership and coaching to Credit Analyst I positions and support to the Applications Preparation Team Manager.
• May act as an industry specialist for SBA/EXIM loan analysis.
• Assess risk in business decisions, upholding Citi's reputation and compliance.

Skills

Analytical thinking

Attention to detail

Communication skills

Professional judgment

Credit analysis

Spreading software

GAAP knowledge

Education

Bachelor’s/University degree or equivalent experience

Tools

Spreading software

Job description

Credit Analyst

Job Overview

The Credit Analyst is a developing professional role. Deals with most problems independently and has some latitude to solve complex problems. Integrates in-depth specialty area knowledge with a solid understanding of industry standards and practices. Good understanding of how the team and area integrate with others in accomplishing the objectives of the subfunction/ job family. Applies analytical thinking and knowledge of data analysis tools and methodologies. Requires attention to detail when making judgments and recommendations based on the analysis of factual information. Typically deals with variable issues with potentially broader business impact. Applies professional judgment when interpreting data and results. Breaks down information in a systematic and communicable manner. Developed communication and diplomacy skills are required in order to exchange potentially complex/sensitive information. Moderate but direct impact through close contact with the businesses' core activities. Quality and timeliness of service provided will affect the effectiveness of own team and other closely related teams.

Responsibilities

• Spread new, renewal, interim financial statements and business/individual tax returns in accordance with bank guidelines (focus on more complex financial statements (i.e. Not-For-Profit).
• Provide succinct analysis based on customers, peers, the portfolio, and the industry.
• Provide preliminary analysis of simple to complex credits, including calculation of cash flow, debt service coverage, collateral coverage, and guarantor net worth.
• Coordinate with Credit Officers, Credit Analysts, Other Credit Center Staff and Relationship Managers.
• Act in an advisory role for the Credit Officers/Relationship Managers on loan agreement/covenants clarification and monitoring.
• Complete quality assurance reviews to ensure application packages and analysis are thorough and accurate prior to forwarding for underwriting.
• Provide leadership, training, and coaching to Credit Analyst I positions and back up support to the Application Preparation Team Manager.
• May act as an industry specialist with responsibility for SBA/EXIM loan analysis.
• 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 previous experience in a financial institution with a focus on credit analysis and spreading software.
• The ideal candidate must have extensive knowledge of Generally Accepted Accounting Principals (GAAP) accounting, financial regulations, financial products, and credit analysis.

Education

• Bachelor’s/University degree or equivalent experience.

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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