Structured Credit - Securitization Underwriter (Assistant Vice President)

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Job Overview

The Credit Officer 2 is a seasoned professional role. Applies in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and work-flow for the area or function. Integrates subject matter and industry expertise within a defined area. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the function and overall business. Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information. Requires good analytical skills in order to filter, prioritize and validate potentially complex and dynamic material from multiple sources. Strong communication and diplomacy skills are required. Regularly assumes informal/formal leadership role within teams. Involved in coaching and training of new recruits Significant impact in terms of project size, geography, etc. by influencing decisions through advice, counsel and/or facilitating services to others in area of specialization. Work and performance of all teams in the area are directly affected by the performance of the individual.

Responsibilities:

• Develop recommendations to adjust credit policies by analyzing credit and financial performance utilizing statistical scoring, segmentation, regression and simulation techniques
• Implement initiatives to ensure consistency and compliance with credit policies
• Prepare risk management presentations for senior management that include analytics on portfolio performance, emerging trends and areas of opportunity
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Recommended Qualifications:

• 5-8 years relevant experience
• Previous experience in credit card risk management or equivalent training and experience preferably in the financial services industry
• Ability to apply credit and risk principles toward business goals
• Demonstrated ability to synthesize, prioritize and drive results with a high sense of urgency
• Must be highly organized and able to work in a fast paced environment managing multiple projects and possess effective interpersonal, organizational and analytic skills

Education:

• Bachelor’s/University degree or equivalent experience

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

This position significantly contributes to the overall effectiveness of the ICM Organization, requiring astute judgment and unwavering discretion in all business situations. The Underwriter must adeptly manage complex deliverables, high volumes, and stringent timelines, all while ensuring strict adherence to internal policy and regulatory compliance. Furthermore, this role will involve active engagement in optimizing technology and enhancing operational efficiencies across the business.

Responsibilities:

• Credit Analysis & Risk Assessment: Proactively assess credit risk and other pertinent risk considerations in all business decisions, consistently prioritizing the firm's reputation and safeguarding Citigroup's clients and assets. 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.
• Policy and Regulatory Adherence: Maintain up-to-date knowledge of and ensure rigorous compliance with Citibank Wholesale Credit Risk policies, standards, and procedures, as well as relevant regulatory policies, to ensure the business unit consistently achieves satisfactory ratings from internal and external auditors and reviewers.
• 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.

Qualifications:

• 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.

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Job Family Group:

Risk Management

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Job Family:

Credit Risk

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$109,120.00 - $163,680.00

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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Most Relevant Skills

Analytical Thinking, Constructive Debate, Escalation Management, Financial Analysis, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Anticipated Posting Close Date:

Apr 22, 2026

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