Citi Commercial Bank
4 days ago
This new and exciting role is based in London (Canary Wharf) and has come about following Citi’s commitment and investment to support the international growth plans of UK Mid-Market businesses. Citi Commercial Bank UK (CCB UK) was established in 2016 to support UK headquartered Mid-Market businesses with a turnover range of $50m to $2.5bn. The success of the CCB UK team has led to considerable client growth and the provision of banking & financing solutions to numerous commercial banking clients across 5 key industry sectors - Business Services, Healthcare, Fintech, Industrials and Digital/TMT.
**Responsibilities**:
- Work alongside bankers in underwriting requests for new and existing clients with ownership responsibility for the end to end credit process.
- Lead credit due diligence with clients and perform relevant industry and peer analysis.
- Prepare detailed written credit summaries by analyzing the business, performing detailed financial analysis, interpreting the finance need, identifying the strengths and prevailing risk factors and rendering a final credit decision that meet the Business risk and return goals.
- Prepare credit ratings and financial projections in order to assess the repayment capacity of borrowers.
- Present credit analysis to approval committees and effectively answer questions when challenged.
- Manage, negotiate and execute facility documentation following credit approval.
- Stay abreast of developments within the global economy and designated industries in order to support problem recognition and the directional strategy of the business.
- Ongoing early warning monitoring and the preparation of annual credit reviews for a portfolio of clients.
- Maintain a solid understanding of Citi’s products and services and the unique commercial bank proposition.
- Work with colleagues globally to offer credit solutions to international subsidiaries understanding local market requirements.
- Maintain compliance with Citibank credit policies / practices and regulatory policies, to ensure the business unit is in adherence and receives satisfactory ratings from internal and external auditors.
- Aid 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 to Credit Underwriting Group Manager, lead projects and initiatives and mentor lower level Credit Officers as needed.
- Other duties as required to assist business unit and company goals**Competencies & Experience**:
- Commercial/Corporate banking experience with a focus on credit analysis and underwriting. UK banking industry experience preferred.
- Proven analytical skills including the ability to read and assess company financial statements, cash flow, industry and competitive analysis and projections.
- Experience working with and negotiating LMA Investment Grade or Leveraged RCF and Term Loan credit agreements.
- Experience preparing financial assumptions in order to build cash flow projection models.
- Excellent organizational skills, attention to detail, and the ability to complete assignments in a timely manner.
- Effective written and verbal communication skills, problem recognition and resolution skills, and ability to work independently and within a team.
**Education**:
- Educated to degree level or equivalent.
**Equal Opportunity**
We recognize talent comes from a wealth of experience and ideas beyond just the technical specifications of a role. If you feel like you can make a meaningful impact even if you don’t necessarily check all the listed requirements, **_please still consider applying_**. Diversity of experience and skills supplemented with drive are cornerstones to innovation and excellence and we **_encourage people from all backgrounds to apply_** to our positions.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
**A**:
- **Job Family Group**:
Risk Management
- **Job Family**:
Credit Decisions
- **Time Type**:
Full time
- Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
View the "**EEO is the Law**" poster. View the **EEO is the Law Supplement**.
View the **EEO Policy Statement**.
View the **Pay Transparency Posting
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