Credit Analyst 2

Citi • Irving, TX

3d • $76,230 - $106,370 • Onsite

About The Position

Citi is enhancing its business control and governance framework by establishing Institutional Credit Management (ICM), a first line of defense business line, to consistently manage credit risk activities for its institutional clients. ICM aims to provide integrated end-to-end credit underwriting, identification, measurement, management, and monitoring for wholesale credit across the enterprise. Within ICM, the Credit Underwriting function (ICM UW) is responsible for credit analysis, underwriting, and first line of defense credit approval for periodic/material transaction reviews, and subsequent credit monitoring across all institutional businesses, including Corporate Banking, Services, and Markets relationships. This role involves managing a portfolio of relationships, owning the credit risk analysis, and continuously monitoring the portfolio. Responsibilities include producing annual and quarterly reviews, and supporting ad-hoc transactions, portfolio/industry reviews, and stress testing. The analyst is expected to possess a strong understanding of credit risk, Citi's internal policies and procedures, and the fundamentals of the industries within their portfolio. Some supervision from the Credit Risk Team Lead is expected, particularly for complex situations, and the ability to engage in thoughtful discussions with partners, with some intervention from the Underwriting Manager, is necessary. This role specifically covers the NAM Corporate Energy portfolio and reports directly to the NAM Corporate Underwriting Manager for Natural Resources - Energy.

Requirements

• 2-5 years previous experience in a financial institution with a focus on credit analysis and spreading software.
• Extensive knowledge of Generally Accepted Accounting Principals (GAAP) accounting, financial regulations, financial products, and credit analysis
• Bachelor’s/University degree or equivalent experience

Nice To Haves

• Travel (less than 10%)

Responsibilities

• Assess the credit and financial strength of Citi’s Large Corporate, Public Sector, and Financial Institutions Clients by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors
• Complete Credit Approval Memos (CAMs) and Final Obligor Risk Ratings (FORR) of Citi’s Counterparties based on independent assessment and judgement; completed based on the due diligence of the client and industry knowledge to provide appropriate extensions of credit remaining within Citi’s risk appetite
• Continuous monitoring of the covered portfolio, including following industry trends, impacts to key relationships, and escalation of potential credit issues to Team Leads, senior management, and business partners
• Partnership with applicable regional and industry stakeholders in the implementation of credit assessment and monitoring standards for applicable portfolios
• Support ICM Risk Analysis Voice of the Employee (VOE) initiatives

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level