Public Sector & Municipals Underwriter

Citi • Getzville, NY

13d • $115,840 - $173,760

About The Position

As a Public Finance Credit Underwriter within Citi’s Public Sector & Municipals team, you will lead credit underwriting and risk analysis for municipal, not-for-profit, and sovereign clients. The role combines financial and collateral analysis with direct client and banker collaboration, with responsibility for complex credit decisions. Using Citi’s Commercial Banking platform, you will provide credit recommendations, support portfolio management, and help develop junior credit officers, analysts, and underwriters.

You will serve as a trusted credit partner to bankers and clients, balancing responsible risk management with business growth objectives. You will provide thought leadership on complex public finance transactions, support junior talent development, and contribute to a high-performing credit culture within Citi’s Public Sector & Municipals franchise.

Requirements

• 10+ years of experience in commercial banking, credit underwriting, public finance, municipal finance, or related credit risk functions.
• Strong analytical skills and demonstrated experience assessing financial statements, credit structures, and repayment capacity.
• Experience preparing and presenting credit recommendations to senior stakeholders and approval committees.
• Strong communication and relationship management skills, including effective collaboration across teams.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Leadership, mentoring, and coaching capabilities.
• Bachelor’s degree in Finance, Accounting, Economics, Business, or a related field.

Nice To Haves

• Knowledge of municipal credit markets, public finance transactions, and sovereign credit analysis.
• MBA, CFA, CPA, or another relevant professional designation.

Responsibilities

• Lead underwriting, credit analysis, and portfolio management for municipal, not-for-profit, and sovereign clients, focusing on public finance transactions.
• Evaluate borrower financial statements, cash flow projections, collateral structures, debt profiles, and market conditions to determine creditworthiness.
• Prepare and present credit approval memoranda and recommendations to senior credit officers and risk committees.
• Monitor portfolio performance, identify emerging risks, and recommend mitigating actions.
• Partner with Relationship Managers, Product Partners, and Risk Management teams to structure and execute transactions that meet client needs and Citi’s risk standards.
• Conduct industry and market research to assess trends, opportunities, and risks affecting public sector clients.
• Ensure compliance with Citi credit policies, regulatory requirements, and underwriting standards.
• Apply knowledge of Citi’s public finance, municipal, and sovereign credit products to underwriting decisions.
• Mentor and guide junior analysts, underwriters, and credit officers.
• Participate in projects and strategic initiatives to improve underwriting processes, portfolio management, and client service.

Benefits

• Medical, dental, and vision coverage.
• 401(k).
• Life, accident, and disability insurance.
• Wellness programs.
• Paid time off, including vacation, sick leave, and paid holidays.
• Eligible employees may receive discretionary and formulaic incentive and retention awards.

What This Job Offers

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