Senior Vice President - Underwriter - Hybrid

Citi • New York, NY

7d • $163,600 - $245,400 • Hybrid

About The Position

The Underwriter - C14 is a strategic professional who follows developments in the field and applies them to the role and business. The position provides specialized expertise, requires senior-level communication and diplomacy, and is accountable for significant business results or authoritative advice. It carries responsibility for technical strategy within a sub-function and includes staff management, resource allocation, and work distribution within the team or project.

The role supports underwriting and annual reviews for wealth clients and Institutional Family Offices, focusing on complex, higher-dollar credit exposures. It involves detailed financial and collateral analysis, borrower monitoring, research and due diligence, and coordination with bankers. The underwriter also supports compliance with credit and regulatory policies, trains less experienced staff, provides workflow backup to the team manager, and recommends process improvements. The work is performed in an office setting with minimal travel and minimal physical effort.

Requirements

• 10+ years of experience.
• Advanced analytical skills, including the ability to read and assess company financial statements, cash flow, industry and competitive analysis, and projections.
• Knowledge of intermediate accounting theory and its practical application in credit underwriting.
• Excellent organizational skills, attention to detail, and ability to complete assignments in a timely manner.
• Effective written and verbal communication skills.
• Problem recognition and resolution skills.
• Ability to work autonomously and within a team.
• Proficiency with spreadsheet and word-processing applications; Excel and Word are preferred, including the use of graphs and charts.
• Bachelor's/University degree; a bachelor's degree in finance or accounting is preferred.

Nice To Haves

• Master's degree preferred.
• Previous experience working in a financial institution, with additional experience in a loan officer or underwriting role.
• Credit training is a plus.
• Familiarity with Moody's financial analysis software.

Responsibilities

• Assist Bankers and Lending Advisors with underwriting requests for credit extensions for new and existing clients, and prepare annual reviews, focusing on complex and higher-dollar exposure transactions.
• Perform detailed financial analysis of sophisticated wealth clients and Institutional Family Offices, including trend and ratio analysis, and interpret financial information.
• Perform detailed collateral analysis, primarily of Hedge Funds, Private Equity, and other alternative investments.
• Prepare monthly and/or quarterly reviews of existing borrowers to track compliance with loan covenants.
• Build a solid understanding of Citibank products and services within the Wealth Credit Management organization.
• Coordinate customer calls and site visits with bankers when appropriate.
• Perform industry and geographical research and other due diligence as needed.
• Apply knowledge of Citibank credit policies, practices, and regulatory policies to support compliance and satisfactory internal and external audit ratings.
• Train less experienced credit officers and other credit center staff in application processing, credit analysis, and loan closing roles.
• Provide backup to the team manager in workflow distribution and monitoring as needed.
• Recommend process changes to improve efficiency.
• Assess risk appropriately in business decisions, safeguard the firm's reputation and assets, comply with applicable laws and policies, apply sound ethical judgment, and transparently escalate, manage, and report control issues.

Benefits

• Medical, dental, and vision coverage.
• 401(k).
• Life, accident, and disability insurance.
• Wellness programs.
• Paid time off, including planned vacation time, unplanned 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