Citi Commercial Bank - Digital, Technology & Communications (SVP)

Citi • Irving, TX

2d • $144,480 - $216,720 • Onsite

About The Position

Citi Commercial Bank (CCB) is seeking a dynamic and motivated credit professional to join the US CLM DTC Industry vertical team as a Senior Vice President. This role reports directly to the US CLM DTC Industry Head and can be based in Irving, Texas or San Francisco, California. The Senior Vice President facilitates the end-to-end lending process for a covered industry vertical through a team of credit professionals. This role is essential for delivering a wide range of financial solutions to CCB clients, working in partnership with Relationship Managers and Independent Risk. Responsibilities include credit underwriting, due diligence, structuring and documentation, and portfolio monitoring. The role requires thorough, objective analysis of financial conditions and creditworthiness, considering industry sector and product/market conditions, and appropriate credit structures. The Senior Vice President is responsible for approving and managing significant credit risk across various lending products. This includes pre-screening pipeline opportunities, providing structuring input, driving credit approval discussions, and maintaining ongoing credit oversight through reviews and monitoring. Extensive knowledge of the assigned industry/specialty vertical is required for informed credit decisions and proactive portfolio management. The role also demands a deep understanding of Citi and CCB credit policies, processes, and procedures, ensuring appropriate risk rating, classification, security, and early warning sign identification. CLM acts as a critical "first line of defense" control function, ensuring compliance with internal and regulatory frameworks. The Senior Vice President is expected to own the work product for their portfolio, represent accounts in visible forums, advise on strategic projects, and contribute to the future of credit formation within CCB. Additionally, this role involves identifying, creating, and delivering technical skills training to CCB teams and mentoring junior staff.

Requirements

• Experienced senior credit underwriting executive with a deep and relevant CLM industry expertise, particularly in commercial and cross-border lending
• 10+ years of experience in credit underwriting, portfolio and/or risk management with a large multinational financial services organization
• Demonstrated knowledge of intermediate accounting theory and its practical application in the credit underwriting process
• Excellent communication (written, verbal, presentation and listening) and organizational skills; ability to complete multiple priorities in a timely manner
• Strong credit sense and ability to articulate a view, work across a range of credit products, with experience in early problem recognition and resolution skills
• Demonstrates learning agility: Seeks out resources and experience to continually build knowledge/skills; quickly and successfully applies learning to new situations
• Reaches decisions in a timely and transparent manner, knows when enough information has been collected to make sound decisions, takes calculated risks with the confidence to defend their credit view
• Proficient in various spreadsheet and word processing applications
• Bachelor’s degree: advanced degree(s) and other certifications considered but not required

Responsibilities

• Facilitate the end-to-end lending process within the US CCB for the assigned relationships and portfolio
• Ensure appropriate regulatory classification and minimize net credit losses for the covered portfolio, identifying and escalating emerging areas of concern
• Provide accountability for decisioning using credit covering approval authority in tandem with Independent Risk
• Directly manage the analysis and workflow of underwriting requests for new-to-bank and existing credit relationships, including pre-screening opportunities, facilitating amendments and extensions, performing annual reviews, and other credit requests, including related diligence
• Lead the timely analysis and preparation of monthly and/or quarterly financial memo reviews of existing borrowers to track compliance with loan covenants, raising potential concerns and taking necessary actions in partnership with other key stakeholders for the assigned portfolio
• Direct and supervise the loan documentation process for both new transactions and amendments or modifications; including coordination with internal partners and/or outside legal counsel to ensure that all credit approval terms and conditions are appropriately represented in the closing documents
• Conduct periodic client calls on all portfolio clients and select new to bank opportunities in partnership with the Relationship Manager
• Develop and maintain an extensive knowledge in the various credit products and services offered to CCB clients
• Mentor and develop junior staff to become effective resources and future Credit Officers and Bankers
• Recommend changes to improve existing processes to achieve greater efficiency and controls
• Work proactively, and in a constructive and diplomatic manner, with internal and external stakeholders to keep transactions moving forward and in accordance with appropriate controls

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: Senior