Western Europe Banks & Broker Dealers Senior Credit Underwriter - Director

The WE Banks & Broker Dealers Senior Credit Underwriter ("WE Banks & Broker Dealers Senior Underwriter") manages a Portfolio of Clients and overseas a team of FI Underwriters, covering large and complex relationships and being responsible for all underwriting activities, in partnership with Banking and Risk. This role will report to the NAM/WE Banks & Broker Dealers Head., Executes, aligned with global and regional strategies, all responsibilities regarding underwriting, including, but not limited to:

• Provide first line of defense credit approval for the most complex transactions
• Adoption of leading practices in credit analysis, underwriting, and monitoring, including the end-to-end underwriting process, from early origination discussions to development of credit approval memos, and senior approval forums
• Supports function's close engagement with global and Regional Business Heads, Independent Risk, regulators, and other control functions
• Facilitate relationships with key clients in Banking and Risk and with key Regulators, Internal Audit, and control functions
• Manage large, diverse, and high performing team
• Oversee credit associates with respect to their preparation of key deliverables such as CAM and sign off on their work product
• Support the ICM FI Credit Underwriting Seniors on strategic initiatives/projects
• Support VOE initiatives
  
  Senior credit approval authority covering large and complex underwritings, capital commitments, derivatives with multi-industry experience
• Experience in and exposure to global credit risk management standards
• Ability to understand capital markets products and complex financing and product structures
• Ability to provide strategic insights and strong sensitivity to macro and regulatory issues, and impact of such issues on the various Risk families, including operational and franchise risks
• Able to discuss and address issues associated with the allocation of risk assets and risk capital in partnership with banking and product organizations
• Proven ability to effectively engage with regulators and internal control functions including Internal Audit and Fundamental Credit Risk as well as with external audit, Proven ability to understand nuances of local markets, local regulation, and the capabilities and practices of competitors
• Navigates organizational complexity and breaks silos
• Creates and sustains a network of strong partnerships with the business in all segments & geographies and other risk functions
• Provides well-reasoned, balanced assessments of risk/return trade-offs associated with transactions and client relationships
• Proven track record of partnering with global peers in leveraging and implementation of best practices
• Proven track record on managing individuals and teams on multiple locations, driving strong Culture and Thought Leadership through groups and functions, Risk/risk-related credit work experience in banking/financial institutions
• Senior Credit Officer designation or higher is preferred
• Proven ability to effectively engage with regulators and internal control functions including Internal Audit and Fundamental Credit Risk as well as with external audit
• Demonstrates strong ethics and integrity
• Ability to see the 'big picture' in a complex environment
• Can make decisions under pressure and short timeline
• Excellent verbal & written communication skills. Active listening skills.
• Demonstrated influencing and negotiating ability, resolve conflicts amongst various constituencies
• Excellent presentation skills - adept at presenting effectively to audiences of various sizes and various constituencies
  
  Citi continues to enhance its business control and governance framework and in 2023 built out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization. ICM's objective is to provide integrated "end-to-end" credit underwriting, identification, measurement, management, and monitoring for wholesale credit risk across the enterprise. Within ICM, the Credit Underwriting function (ICM-UW) provides analysis, greenlight, underwriting, first-line-of-defense credit approval and subsequent credit monitoring across all ICG wholesale credit businesses including Banking, Global Structured Products, Financings, and Securitizations (GSP-F&S), Treasury & Trade Services (TTS), Markets, and Securities Services (MSS).