The Structured Lending role involves underwriting credit requests to ensure timely approvals from Independent Risk Management, and the ongoing management and monitoring of a loan portfolio. The position supports the lending unit within Global Wealth Management ("Investment Finance"), which caters to the credit needs of High Net Worth individuals. Strong credit and underwriting skills is a necessity, alongside excellent communication skills in order to negotiate internally, and often at a senior level.
Responsibilities:
Underwrite loans from Citi Global Wealth's lending products (primarily focused on Unsecured, Art, Aircraft, LP interests), ensuring compliance with Credit Policy and Risk Acceptance Criteria
Preparation of financial analysis of new deals and refinancing, assisting in the structuring and execution of complex credits
Assist in all aspects of obtaining internal approvals for credit requests
Analyzing collateral of various asset classes used to secure transactions
Negotiating loan documentation by liaising with external counsel
Responsible for early problem recognition of loan portfolio, and assisting the Remedial Unit in workouts
During annual reviews, monitor client's compliance with the terms and conditions associated with previous approved facilities, including monitoring of covenants and financial position of the client
Working alongside the loan structuring team to assist in the marketing and sale of Citi Wealth Management's lending product range
Qualifications:
Up to 10 years of experience
Strong and proven analytical, financial structuring and execution skills
Experience as a credit officer
Strong knowledge of Citibank's Credit Policies, Product Programs and Citi Policies
An in-depth knowledge and understanding of Financial Analysis including Financial and cash flow modelling
Excellent communication (written and verbal) and interpersonal skills
Good negotiation skills
Strong initiative and interactive approach to problem solving
Displays flexibility and independence in a demanding environment
Team Player
Education:
Bachelor's/Universitydegree, Master's degree preferred
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Credit Decisions------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
Miami Florida United States------------------------------------------------------
Primary Location Full Time Salary Range:
$134,960.00 - $202,440.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Sep 02, 2024------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity reviewAccessibility at Citi.
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