Structured Credit and Real Estate Underwriting

The Assistant Vice President will hold a critical role within the Structured Credit and Real Estate Underwriting (SCREU) team administering a multi-billion dollar portfolio of asset securitization transactions primarily across the ABS and CLO asset classes (including auto, credit card, unsecured consumer loans, middle market, private credit and broadly syndicated loans). The is an intermediate-level position responsible for conducting credit reviews, credit approval and monitoring the portfolio to identify credit migration. The overall objective of this role is to manage Citi's portfolio exposure to clients and counterparties globally.

Responsibilities:

• Monitor the ongoing compliance of assigned deals with the documented financing terms and conditions, portfolio performance and financial triggers and make appropriate recommendations with the aim of identifying and mitigating credit risks.
• Assist with classification and risk rating processes. Identify data trends & deteriorating asset performance. Keep abreast of industry/ market developments and customer-specific events; consult with the Business and Underwriting on any action plans per policies (e.g., transaction classification changes).
• Manage and report risk exposures to structured vehicles backed by various asset classes including Consumer Assets, Broadly Syndicated Loans, Middle Market Exposures within Institutional Clients Group, including derivatives exposures within the transaction
• Perform in-depth fundamental credit analysis, by monitoring a company's financial performance, risk metrics and compliance with performance triggers (annual reviews and other credit approvals)
• Responsibilities include research, credit analysis, risk rating assessment and active monitoring of the portfolio to identify credit migration and may include assisting with quarterly portfolio reviews
• Compose assigned annual review memos and generate reports as required to highlight portfolio metrics for internal and external regulators
• Model transactions for risk rating and stress testing purposes
• Assist with special projects including stress testing, portfolio concentration analysis, internal audit/review functions, Risk Rating processes, Credit Policies and Credit Programs across product groups
• Assist in analysis and reporting of Basel securitization parameters
• Work with internal teams to ensure data integrity and credit risk positions are accurately reported in credit systems. Maintain organized credit files for credit, regulatory, and compliance purposes and ensuring compliance with WCR policies and processes.

Qualifications and Experience:

• 6+ years of credit, portfolio management or structuring experience in a financial institution, rating agency, financial guarantor, or asset management firm; structured credit/securitization experience is a plus
• Solid experience in structured products or credit analysis
• Knowledge of accounting and corporate finance, financial modelling, credit and banking products, credit analytics, risk assessment, and analysis of credit agreements and other legal documentation
• Strong analytical and quantitative skills with ability to perform, review or critique credit analysis on complex transactions
• Strong writing, presentation and interpersonal skills
• Strong Microsoft Office skills. Modelling experience is a plus
• Proven ability to work with little direction and in a team
• Excellent attention to detail
• Willingness to learn new products and programs
• Demonstrated accountability, self-motivation and ability to work under tight deadlines

Education:

• Bachelor's degree/University degree or equivalent experience, Master's degree a plus

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Job Family Group:

Risk Management

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Job Family:

Credit Decisions

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Time Type:

Full time

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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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