Structured Credit / Securitization Underwriter (Assistant Vice President)

Citi • New York, NY

6d

About The Position

This includes ensuring compliance with applicable laws, rules, and regulations; adhering to internal policies; applying sound ethical judgment; and transparently escalating, managing, and reporting control issues. Credit Underwriting: Collaborate with bankers to underwrite requests for both new and existing securitization facilities. Assume ownership of credit decisions and ensure full compliance with internal procedures, credit risk policy guidelines, and established standards. Due Diligence and Credit Memo Preparation: Conduct comprehensive due diligence and prepare detailed written credit memos for periodic monitoring, including annual reviews and quarterly updates on existing transactions. Memos must encompass a thorough analysis of business terms, structural elements, strengths, prevailing risk factors, asset types, and compliance with internal underwriting guidelines and applicable policies and procedures to formulate and inform final credit recommendations to Risk. Portfolio Monitoring: Execute ongoing, timely monitoring of individual transaction performance and overarching portfolio trends. Product, Market, and Industry Expertise: Continuously stay abreast of the latest research and developments within the industry, evolving product offerings, and rating agency criteria. Process Improvement: Continuously identify opportunities for process improvements and efficiencies. Lead projects and initiatives aimed at enhancing operational effectiveness and collaborate effectively with the management team on the prioritization and implementation of approved actions.

Requirements

• 3 - 7 years of progressive credit analysis experience within a financial institution, coupled with demonstrated familiarity in regulatory, compliance, and policy environments.
• Proven analytical capabilities, including the ability to comprehensively assess the structural components of individual transactions, the quality of underlying pool assets, and asset managers' capabilities, strategies, underwriting approaches, portfolio management techniques, and track records.
• Demonstrated expertise in structured finance and securitization of Private Credit, Middle Market or Broadly Syndicated Loans, and Esoteric Asset-Backed assets (including Transportation).
• This includes the ability to effectively navigate complex and variable issues, weighing various alternatives and balancing potentially conflicting needs to develop optimal solutions.
• Exceptional organizational skills, meticulous attention to detail, and a proven ability to effectively prioritize tasks and consistently meet deadlines in a fast-paced, high-volume environment.
• Excellent interpersonal, written, and verbal communication skills, enabling effective engagement with diverse stakeholders.
• A proactive and autonomous work style, complemented by a strong ability to collaborate effectively within a team setting.
• Proficiency with standard business applications (e.g., Microsoft Excel, Word, PowerPoint).
• Experience or a strong interest in technology or operations/process enhancements, coupled with a keen interest in the deployment and application of new technologies, including Artificial Intelligence.
• Bachelor's/University degree required.

Nice To Haves

• Master's degree or CFA Charterholder certification preferred

Responsibilities

• Credit Underwriting: Collaborate with bankers to underwrite requests for both new and existing securitization facilities.
• Assume ownership of credit decisions and ensure full compliance with internal procedures, credit risk policy guidelines, and established standards.
• Due Diligence and Credit Memo Preparation: Conduct comprehensive due diligence and prepare detailed written credit memos for periodic monitoring, including annual reviews and quarterly updates on existing transactions.
• Memos must encompass a thorough analysis of business terms, structural elements, strengths, prevailing risk factors, asset types, and compliance with internal underwriting guidelines and applicable policies and procedures to formulate and inform final credit recommendations to Risk.
• Portfolio Monitoring: Execute ongoing, timely monitoring of individual transaction performance and overarching portfolio trends.
• Product, Market, and Industry Expertise: Continuously stay abreast of the latest research and developments within the industry, evolving product offerings, and rating agency criteria.
• Process Improvement: Continuously identify opportunities for process improvements and efficiencies.
• Lead projects and initiatives aimed at enhancing operational effectiveness and collaborate effectively with the management team on the prioritization and implementation of approved actions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees