Citi Jobs – Credit Officer

Job Description:

The Originations & Portfolio Team conducts moderate to complex credit and financial analysis and underwriting with focus on Credit Requests and Portfolio Reviews with exposure greater than $1MM and standard loan products while ensuring compliance with policies, procedures and regulations and the achievement of performance and budget targets.

Job Responsibilities:

• Ensure appropriateness of Risk Ratings and facility Classifications at time of Originations and/or during the Annual Review process
• Build a solid understanding of Citibank products and services both within Retail Business Banking.
• Support colleagues in sales, credit, and loan operations roles with adhering to processing and documentation guidelines for loan requests.
• Effectively communicate with all bank customers, borrowers, and guarantors. Implement loan structure, terms and conditions with regard to a variety of loan and borrower situations.
• Ensure compliance with credit policies and procedures and applicable law and regulatory requirements, and achieve satisfactory ratings from internal and external auditors.
• Support business unit goals by continuous identification of process improvements and efficiencies that reduce costs and improve customer service levels.
• Prepare detailed written credit memos that summarize results of financial and credit analysis including identification of strengths, prevailing risk factors, and recommendation
• Coordinate with bankers on customer calls and site visits, when appropriate.
• Analyze various industries and have a thorough knowledge of the risks associated with those industries
• Ensure data capture associated with approved extensions of credit are accurate.
• Ensure work performed is in accordance with all policies, procedures and audit standards. Modify procedures and train staff as needed.

Job Requirements:

• Bachelor’s degree in Finance or Accounting, or equivalent experience.
• Prior experience working in a regulatory and compliance policy environment
• Minimum 5 years working in a financial institution performing commercial credit analysis in an underwriting and/or portfolio management role
• Excellent organizational skills, strong multi-tasking capabilities, attention to detail, and the ability to complete assignments within required deadlines in a fast-paced environment
• Strong ability to assess risks and make decisions using sound judgment
• Expertise in underwriting business working capital lines, term loans and real estate transactions with Small Business Administration (SBA) and Healthcare experience also preferred, but not required
• Strong analytical skills including the ability to read and assess individual and company financial statements, cash flow, industry and competitive analysis and projections
• Demonstrated knowledge of intermediate accounting theory and its practical application in the credit underwriting process

Job Details:

Company: Citi

Vacancy Type: Full Time

Job Location: Irving, TX, US

Application Deadline: N/A

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