Underwriter - Vice President
About The Position
Leveraged Finance Underwriting (LFU) is seeking a Vice President-level Underwriter to help lead transaction underwriting and enhance Citi’s end-to-end Leveraged Lending credit management process. The role participates in credit approval and origination for leveraged finance transactions, assists clients raising capital-market funds, and supports ongoing credit monitoring for Citi’s Leveraged Lending portfolio. The position works across the full LFU team and engages with business, risk, product, and legal partners to develop client solutions and manage credit exposure across the global portfolio. The Underwriter evaluates clients’ businesses, financial performance, and credit drivers; reviews valuation and forecasting models; supervises written credit reviews; and contributes to portfolio management, early problem recognition, governance, and strategic initiatives. The position also helps train and mentor junior team members and prepares portfolio and business reviews for senior management. The work is performed in an office setting with minimal travel and minimal physical effort required.
Requirements
- 6–8 years of relevant leveraged lending underwriting experience.
- Prior experience in a regulatory and compliance policy environment.
- Strong analytical skills, including the ability to assess individual and company financial statements, cash flow, industry and competitive analysis, and projections, including complex business structures with foreign subsidiaries or parent organizations.
- Advanced knowledge of accounting theory and its practical application in credit underwriting.
- Strong organizational, prioritization, and attention-to-detail skills, with the ability to complete assignments by required deadlines in a fast-paced environment.
- Effective interpersonal and written and verbal communication skills.
- Strong problem-recognition and resolution skills.
- Proactive disposition and ability to work autonomously and as part of a team.
- Proficiency with spreadsheet and word-processing applications, including Excel and Word, graphs and charts, and financial analysis software.
- Good analytical skills to filter, prioritize, and validate potentially complex material from multiple sources.
- Ability to exercise a wide degree of latitude and discretion.
- Bachelor’s/University degree.
- Work affects an entire area and the overall performance and effectiveness of the sub-function or job family; provides advice and counsel related to business technology or operations.
Nice To Haves
- MBA or MSc degree preferred.
Responsibilities
- Work with Analysts, Associates, and Senior Underwriters to lead and support leveraged finance origination and credit approval, periodic credit monitoring, portfolio management and early problem recognition, and global leveraged lending projects and strategic initiatives.
- Evaluate clients’ businesses, financial performance, and key credit drivers across industries, raising issues and concerns as needed.
- Review and analyze enterprise valuation and operating and financial forecast models, and explain assumptions and analysis to senior Business and Risk stakeholders.
- Supervise Analysts and Associates, in coordination with LFU Mumbai, in preparing periodic written reviews of client financial and operating performance, covenant compliance, management and relationship strategy, and competitive position.
- Work with Debt Capital Markets, Investment Banking, Corporate Banking, Risk, and internal and external legal counsel to understand deal structures and ensure proper documentation and approvals under WCR Standards & Procedures.
- Help manage the LFU junior team and provide credit training and mentorship to Analysts and Associates.
- Analyze the business rationale and strategy underlying deals and create business and portfolio reviews for Senior Management on global portfolio risks and market trends.
- Help develop and execute a robust governance framework for end-to-end credit underwriting processes.
- Stay current on relevant Leveraged Lending market trends and issues.
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
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What This Job Offers
Job Type
Full-time
Career Level
Senior
