Leveraged Finance Underwriter

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The Global Leveraged Finance Underwriting  Team ("LFU") within Institutional Credit Management ("ICM") is seeking a Portfolio Manager/Team lead to join its Analytics team. The Portfolio Manager is responsible for leading and coordinating a team of Analysts and Associates, providing quality assurance, timely delivery, and analytical rigor while being the primary contact for coaching and supervising the junior team.

LFU Portfolio Managers will oversee the credit monitoring support for Citi's Leveraged Finance Portfolio. They will also support LFU's underwriters in Citi's credit approval and origination process for leveraged finance transactions, assisting clients in raising funds in the capital markets. The Portfolio Manager is a senior level professional that leads and drives a best-in-class Leveraged Lending Underwriting organization with a goal of materially enhancing Citi's end-to-end Leveraged Lending credit management process through early problem recognition and timely response to credit challenges across the Leveraged Finance portfolio. This will be achieved through a strong partnership with Underwriters, Banking, Capital Markets and Risk. 

An LFU Portfolio Manager is expected to have an advanced understanding of credit risk, of Citi´s internal policies and procedures, and of being knowledgeable about the industry fundamentals that portfolio belongs to. They should be able to independently lead thoughtful conversations with all the partners.

In this role, you're expected to:

• Accountability for ensuring best in class credit risk analysis of the Leveraged Finance Portfolio ensuring consistencies with industry leading practices and compliance with all internal policies, standards, procedures, and all related regulatory expectations. Provide critical support and leadership across LFU's core functions:

(1) Regular monitoring of the portfolio through writing Annual and Quarterly reviews

(2) Portfolio management and early problem recognition

(3) Participation in new originations, primarily for existing relationships

(4) Coaching and training analysts and associates to develop their credit underwriting skills

(5) Ensuring strict adherence to Citi's Policies/Standards/Procedures

• Supervise analysts and associates to perform periodic written reviews of the clients' financial and operating performance, covenant compliance, management/relationship strategy, and competitive position within its peer group

• Review and analyze models used for valuation and to forecast the client's operating and financial performance and be able to articulate assumptions and analysis to LFU Underwriters and Risk

• Ensure ongoing and timely feedback and coaching of junior team to sustain a strong credit culture and an unwavering commitment to excellence in analysis and execution

• Evaluate and gain strong understanding of clients' business, financial performances, and key credit drivers across various industries with the ability to raise issues and concerns as needed

• Remain current on all relevant Leveraged Lending market trends and issues

As a successful candidate, you'd ideally have the following skills and exposure:

• Team player with strong work ethic who also works well with others

• Strong writing, analytical, communication, and presentation skills

• Experience in leading a team and in coaching and mentoring junior bankers

• Advanced knowledge of Microsoft Word, Excel, and PowerPoint

• Ability to break down large amounts of data into concise, easy to understand credit recommendations 

• Thorough understanding of the credit and/or portfolio management process

• Strong awareness and adherence to the control environment including Quality Assurance and Quality Control

• Proven culture carrier

• 13+ years of credit or related leveraged finance experience

Education:

• MBA or CA or CFA

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

Job Family Group:

Risk Management

Job Family:

Credit Risk

Time Type:

Full time

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.

Other Relevant Skills

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

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