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$123k–$130k/yr
Full-time
bachelor degree
Medical coverage, Dental coverage, Vision coverage, 401(k), Life insurance, Accident insurance
Posted 8d ago
Apply by Sep 14
~40 hrs/week
Responsibilities
Perform independent credit underwriting and risk analysis for complex financial transactions including private credit and structured finance. Lead the preparation of underwriting memoranda and financial models while partnering with cross-functional teams to support transaction execution.
Requirements
Requires a Bachelor’s degree in Finance, Statistics, or a related field and at least one year of experience in corporate credit or underwriting. Candidates must demonstrate proficiency in reviewing transaction term sheets, credit agreements, and performing scenario analysis on collateral.
Full job description
Citigroup Global Markets Inc. seeks an Underwriter for its New York, New York location.
Duties: Perform independent credit underwriting and risk analysis for complex Middle Market, Private Credit, Broadly Syndicated Loan, CLO, and structured finance transactions, including both new originations and amendments. Conduct in-depth financial, credit, and structural analysis of borrowers, underlying assets, and transaction frameworks to assess creditworthiness and risk profile. Develop underwriting views, risk assessments, and credit recommendations to support approval decisions by senior risk and business stakeholders. Lead the preparation of comprehensive underwriting memoranda, financial models, and analytical materials used in credit approval and transaction execution processes. evaluate transaction structures, collateral arrangements, covenant frameworks, and repayment sources to identify key risks and mitigants. Partner with risk management, legal, operations, and business teams to resolve complex underwriting issues and support transaction execution. Participate in credit discussions with internal stakeholders by presenting analytical conclusions and responding to risk-related inquiries. Monitor approved credit exposures and assess ongoing portfolio performance against underwriting expectations and risk standards. Analyze market, industry, and macroeconomic trends to inform underwriting decisions and portfolio risk assessments. Support enhancements to underwriting processes, analytical tools, and data integration initiatives to improve credit decision-making. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.
Requirements: Requires a Bachelor’s degree, or foreign equivalent, in Finance, Statistics, Business Analytics & Risk Management, Economics, Business Administration or related field and 1 year of experience as an Underwriter or related position involving Corporate Credit, Underwriting or Structured Products. One (1) year of experience must include: Reviewing transaction term sheets / structures and credit agreements, assessing alignment with market terms and applicable risk parameters, and proposing amendments or edits which fit firm’s credit appetite and assessment of current market conditions; Monitoring the developments of underlying collateral and relevant credit trends of the portfolio companies and associated industries and sectors; Evaluating borrowing base and correlation risk across different assets/collateral, identifying relevant patterns and performing scenario analysis to assess potential credit outcomes; and Researching private markets trends, investment strategies of institutional investors and other market participants to support underwriting decisions. Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID #26980189. EO Employer.
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.
We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.
Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.
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.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have over 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank – an institution connecting millions of people across hundreds of countries and cities.
For information on Citi’s commitment to privacy, visit on.citi/privacy.
Offices: 388 Greenwich Street, New York, New York 10013, US · Locations in over 100 countries, http://www.citigroup.com/citi/global/index.htm, 10022, US · 5900 Hurontario St, Mississauga, ON L5R 0B8, CA · 165 Jalan Ampang, Kuala Lumpur, Federal Territory of Kuala Lumpur 50450, MY · Calle 62C O, Panama City, Panama, PA
BankingCommercial BankingInvestment BankingWealth ManagementCredit CardsCapital MarketsEquity and Fixed Income ResearchConsumer LendingCash Managementand Transaction Services
Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have over 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank – an institution connecting millions of people across hundreds of countries and cities.
For information on Citi’s commitment to privacy, visit on.citi/privacy.
Offices: 388 Greenwich Street, New York, New York 10013, US · Locations in over 100 countries, http://www.citigroup.com/citi/global/index.htm, 10022, US · 5900 Hurontario St, Mississauga, ON L5R 0B8, CA · 165 Jalan Ampang, Kuala Lumpur, Federal Territory of Kuala Lumpur 50450, MY · Calle 62C O, Panama City, Panama, PA
BankingCommercial BankingInvestment BankingWealth ManagementCredit CardsCapital MarketsEquity and Fixed Income ResearchConsumer LendingCash Managementand Transaction Services