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Citigroup Credit Underwriter - Western Europe Transportation and Industrials - SVP (Hybrid) in London, United Kingdom

Citi continues to enhance its risk and controls framework by building out Institutional Credit Management (ICM), a function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization. ICM’s objective is to provide integrated “end-to-end” credit underwriting, identification, measurement, management, and monitoring for wholesale credit risk across the enterprise. Within ICM, the Credit Underwriting function (ICM-UW) provides analysis, greenlight, underwriting, first-line-of-defense credit approval and subsequent credit monitoring across all ICG wholesale credit businesses including Banking, Capital Markets, and Advisory (BCMA), Global Structured Products, Financings, and Securitizations (GSP-F&S), Treasury & Trade Services (TTS), Markets, and Securities Services (MSS).

A Transportation & Industrials Senior Vice President in ICM-UW Corporate Developed Markets will cover large and complex relationships across Western Europe, being responsible for all underwriting activities in partnership with BCMA and Risk Management. This role reports to the Co-Head of Western Europe Industrials Underwriting in ICM-UW Corporate Developed Markets.

KEY RESPONSIBILITIES:

  • Executes, aligned with global and regional strategies, all responsibilities regarding underwriting, including, but not limited to:

  • Adoption of leading practices in credit analysis, underwriting, and monitoring, including the ownership of the end-to-end underwriting process, from early origination discussions to development of credit approval memos and senior approval forums

  • Conduct detailed reviews of financial data, projection modeling, stress testing, and other in-depth analysis performed by junior resources

  • Facilitate relationships with key clients in Banking and Risk, along with key regulators, Internal Audit, Fundamental Credit Risk and other control functions

  • Support the ICM Underwriting Global Head of Corporate Developed Markets and Head of Industrials Underwriting on strategic initiatives/projects

The right candidate is a seasoned Vice President / Senior Vice President in an underwriting role, a Relationship Manager looking for a more balanced role or a Risk Manager looking to get more exposure to the front office.

SPECIFIC EXPERIENCE:

  • Experience in and exposure to global credit risk management standards

  • Ability to understand capital markets products and complex financing and product structures

  • Ability to provide strategic insights and strong sensitivity to macro and regulatory issues, and impact of such issues on the various Risk families, including operational and franchise risks

  • Able to discuss and address issues associated with the allocation of risk assets and risk capital in partnership with banking and product organizations 

  • Proven ability to effectively engage with regulators and internal control functions including Internal Audit and Fundamental Credit Risk as well as with external audit

CLIENT RELATIONSHIPS / BUSINESS PARTNERSHIP:

  • Proven ability to understand nuances of local markets, local regulation, and the capabilities and practices of competitors

  • Navigates organizational complexity and breaks silos

  • Creates and sustains a network of strong partnerships with the business in all segments & geographies and other risk functions

  • Approaches transactions and client relationships with a solutions-oriented mindset while providing well-reasoned, balanced assessments of risk/return trade-offs

  • Proven track record of partnering with global peers in leveraging and implementation of best practices

QUALIFICATIONS:

  • Relevant number of years of relationship banking or credit risk/risk-related work experience in banking/financial institutions at a senior level

  • Experience in effectively engaging with regulators and internal control functions including Internal Audit and Fundamental Credit Risk as well as with external audit

  • Demonstrates strong ethics and integrity

  • Ability to understand the ‘big picture’ in a complex environment

  • Strong verbal & written communication skills. Active listening skills

  • ·Demonstrated influencing and negotiating ability, resolve conflicts amongst various constituents.

  • Advanced presentation skills – adept at presenting effectively to audiences of various sizes and various constituents

BENEFITS

  • 27 Annual leave days plus all national bank holidays

  • Non-Contributory Pension scheme

  • Bupa Private Medical scheme

  • Discretionary market competitive bonus scheme.

  • Hybrid working model (dependent on role).


Job Family Group:

Risk Management


Job Family:

Credit Decisions


Time Type:

Full time


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 review Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .

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View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

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