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Citi · 4 hours ago

Commercial Lending Underwriter - Vice President

Irving, TX

Full-time

Onsite

Mid, Senior Level

$115K/yr - $172K/yr

6+ years exp

Citi is a leading global bank, and they are seeking a Commercial Lending Underwriter. The Underwriter will be responsible for underwriting commercial credit requests, preparing detailed credit summaries, performing financial analyses, and ensuring compliance with credit policies and regulations.

BankingFinanceFinancial Services

H1B Sponsor Likely

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

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

Qualification

Credit authority experienceFinancial analysisAccounting theoryRegulatory compliance experienceOrganizational skillsProactive dispositionSpreadsheet proficiencyWord processing proficiencyCommunication skillsProblem-solving skills

Required

6-10 years previous credit authority experience

Prior experience working in a regulatory and compliance policy environment

Proven analytical skills including the ability to read 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

Preferred

Master's degree preferred

Benefits

Medical, dental & vision coverage

401(k)

Life, accident, and disability insurance

Wellness programs

Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Company

Citi

Glassdoor3.8

Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Founded in 1812

San Antonio, Texas, USA

10001+ employees

https://www.citi.com

H1B Sponsorship

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