Leverage Finance Underwriter

Leverage Finance Underwriter - VP - LondonLeveraged Finance Underwriting within Institutional Credit Management is seeking a Vice President/Underwriter to join the team. The VP is an Underwriter level professional that will work with the full team to lead and drive a best-in-class Leveraged Lending In-Business Credit organization with a goal of materially enhancing Citi’s end-to-end Leveraged Lending credit management process. This will be achieved through a strong partnership with Banking, Capital Markets and Risk Management.LFU Underwriters will be actively involved in Citi’s credit approval and origination process for leveraged finance transactions, assisting clients in raising funds in the capital markets, as well as providing ongoing oversight of Citi’s credit monitoring support for Citi’s Lending Finance Portfolio of client relationships.Our Underwriters have a comprehensive understanding of the wide range of complex financial issues facing our clients and can provide VPs the opportunity to further develop an enhanced set of core credit skills. Combined with an appreciation of the broad set of services offered by Citi, this understanding allows us to effectively deliver innovative solutions to our clients, as well as properly manage the credit exposure within global Citi’s Leveraged Lending Portfolio.VP Role and Responsibilities:Work with Analysts, Associates and Senior Underwriters to oversee and provide critical support and leadership across LFU’s core functions: (1) Leveraged Finance transaction execution (LBO & Corporates) and credit approval; (2) periodic credit monitoring; (3) portfolio management and reporting, limits and early problem recognition; (4) global leveraged lending related projects and strategic initiativesEvaluate and gain a strong understanding of clients' business, financial performance and key credit drivers across various industries with the ability to raise issues and concerns as neededReview and analyze models used for enterprise valuation and to forecast the client's operating and financial performance and be able to articulate assumptions and analysis to senior Business and RiskSupervise Analysts and Associates in coordination with LFU Mumbai to perform periodic written reviews of the clients' financial and operating performance, covenant compliance, management/relationship strategy, and competitive position within its peer groupInteract daily with our product partners in Capital Markets, Investment Banking, Corporate Banking and Risk, in addition to Legal counsel (both internal and external) developing the ability to understand the deal structures and to ensure they are properly documented and approved as per the WCR Standards & ProceduresHelp manage the LFU junior team (i.e., Analysts and Associates), responsible for their credit training and mentoring throughout their tenure in the groupAnalyze underlying business rationale/strategy for deals that are conducted through creating both Business and portfolio reviews for Senior Management on the global risks for the portfolio as well as to highlight key trends in the marketThought leader to help develop and execute on a robust governance framework for the credit underwriting end-to-end processesRemain current on all relevant Leveraged Lending market trends and issuesQualifications:Significant leveraged lending underwriting experience. Prior experience working in a regulatory and compliance policy environmentProven 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 organizationsDemonstrated advanced knowledge of accounting theory and its practical application in the credit underwriting processExcellent organizational skills, prioritizing capabilities, attention to detail, and the ability to complete assignments within required deadlines in a fast-paced environmentEffective inter-personal and written/verbal communication skillsThorough problem recognition and resolution skillsPro-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 softwareRequires good analytical skills in order to filter, prioritize and validate potentially complex material from multiple sourcesExercises wide degree of latitude and discretionSignificant impact on the area through complex deliverablesProvides advice and counsel related to the technology or operations of the businessWork impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job familyCiti 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. #J-18808-Ljbffr