Leveraged Finance Senior Underwriter – Senior Vice President

Leveraged Finance Senior Underwriter – Senior Vice President

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Leveraged Finance Underwriting (“LFU”) is seeking a Senior Vice President (SVP) to join the team. The SVP is an experienced Senior Underwriter level professional that will work with the full team to lead and drive best‑in‑class transaction underwriting with a goal of materially enhancing Citi’s end‑to‑end Leveraged Lending credit management process.

LFU Underwriters will be actively involved in Citi’s credit approval and origination process for leveraged finance transactions, assisting clients in raising funds in the capital markets, as well as providing ongoing oversight of Citi’s credit monitoring support for Citi’s Leveraged Lending portfolio.

Our Senior Underwriters have a comprehensive understanding of the wide range of complex financial issues facing our clients and can provide the opportunity to further develop an enhanced set of core credit skills. Combined with an appreciation of the broad set of services offered by Citi, this understanding allows us to effectively deliver innovative solutions to our clients, as well as properly manage the credit exposure within global Citi’s Leveraged Lending portfolio.

Role And Responsibilities

• Work with team of Underwriters to oversee and provide critical support and leadership across LFU’s core functions : (1) Leveraged Finance transaction origination (LBO & Corporates) and credit approval; (2) periodic credit monitoring; (3) portfolio management and early problem recognition; (4) global leveraged lending related projects and strategic initiatives
• Collaborate with our product partners in Leverage Finance Capital Markets, Investment Banking, Corporate Banking and Risk, to carry out complex leveraged deal approvals for both Sponsors and Corporates. Work as part of the deal team, coordinating the deal execution, participating in due diligence, assessing risks and seeking committee approval on behalf of clients
• Interact regularly with our product partners in Leverage Finance Capital Markets Origination and Legal counsel (both internal and external) developing the ability to understand the deal structuring / terms and ensure they are properly documented and approved as per Citi’s Standards
• Evaluate and gain a strong understanding of clients’ business, financial performance and key credit drivers across various industries with the ability to raise issues and concerns as needed
• Review and analyze models used for enterprise valuation and to forecast the client’s operating and financial performance and be able to articulate assumptions and analysis to senior Business and Risk
• Supervise NY-based Analysts and Associates in coordination with LFU Mumbai to perform periodic written reviews of the clients’ financial and operating performance, covenant compliance, management / relationship strategy, and competitive position within its peer group
• Help manage the LFU junior team (i.e., Analysts and Associates), responsible for their credit training and mentoring throughout their tenure in the group
• Analyze underlying business rationale / strategy for deals that are conducted through creating both Business and portfolio reviews for Senior Management on the global risks for the portfolio as well as to highlight key trends in the market
• Thought leader to help develop and execute on a robust governance framework for the credit underwriting end‑to‑end processes
• Remain current on all relevant Leveraged Lending market trends and issues

Qualifications

Education

Primary Location

New York, New York, United States

Salary Range

$163,600.00 – $245,400.00 annual base salary. In addition to salary, Citi offers discretionary and formulaic incentive and retention awards. Benefits include medical, dental & vision coverage; 401(k); life, accident and disability insurance; and wellness programs. Paid time off includes vacation, sick leave, and paid holidays.

EEO Statement

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. If you are a person with a disability and need a reasonable accommodation to use our search tools and / or apply for a career opportunity, please visit Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.

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