25894847 Vice President, Credit Underwriter, Private Banking

At **Citi**, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients - whether they be consumers, corporations, governments or institutions - to help them meet their biggest opportunities and face the world's toughest challenges.

**Shape your Career with Citi**

**Citi Global Wealth (CGW)**brings together the full power of Citi to serve the entire continuum of wealth clients, from affluent to ultra-high net worth to family offices.

We’re currently looking for a high caliber professional to join our team as Vice President, Credit Underwriter, Private Banking based in Singapore. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:

- Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
- Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
- We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

The Lending business of Wealth offers a diverse product range including Securities Backed Lending (SBL), Commercial Real Estate (CRE), Aircraft, Art-backed Finance as well as tailored solutions to target market clients of the Private Bank. Wealth Credit Management (WCM) is a critical component of the First Line of Defense for credit risk management and works within the business with Independent Risk partners to ensure best-in-class risk and controls, as well as client responsiveness.

**In this role, you’re expected to**:

- Develop strong knowledge of Citi’s Credit Policies, Product Programs and overarching Citi Policies
- Full credit underwriting with appropriate risk-return characteristics based on Citi's Credit and Product Policies, Standards and Procedures
- Preparation of Credit Applications ensuring accuracy and completeness of data
- Financial Analysis including cash flow statements
- Collateral Evaluation covering investment portfolios, commercial real estate, art, aircraft and other asset classes
- Prepare and negotiate credit documentation for facilities, including liaison with internal and external legal counsel, as required; as well as undertaking the annual review of documentation
- Prepare, review and monitor compliance to facility covenants and approval conditions
- Assist in Portfolio Management, including Annual Credit Reviews, covenant monitoring and compliance, waivers and extensions and all related system maintenance with the Data Management Teams.
- Problem Recognition and assisting with classified loans remedial management
- Supporting Business Partners in margin call/limit excess deferrals and approvals
- Assist Lending Advisors with preparing Credit Greenlight memos (as applicable)
- Participating and leading strategic projects and team tasks
- On-going training and development of more junior team members
- 5-7 years of experience in credit management in a private bank
- Strong and proven analytical, financial structuring and execution skills
- Strong knowledge and understanding of Financial Analysis including Financial and cash flow modelling
- Ability to digest complex or detailed issues and articulate them in clear and concise manner to stakeholders
- Excellent communication (written and verbal) and interpersonal skills
- Good negotiation skills
- Strong initiative and interactive approach to problem-solving
- Displays flexibility and independence in a demanding environment
- Dependable team player
- Bachelor's/University degree
- This is a 1st Line of Defense job role and works closely with the Business Partners in Lending and Client ManagementWorking at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.