Citi

Vice President, Credit Underwriter – Asset-Based Finance

Citi

full-time

Posted on:

Location Type: Hybrid

Location: Chicago • Illinois • Texas • United States

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Salary

💰 $114,720 - $172,080 per year

Job Level

Lead

About the role

  • Lead underwriting for new and existing asset‑based lending relationships, with accountability for sound credit decisions and policy compliance
  • Prepare and approve detailed credit memoranda, articulating business rationale, key risks, mitigants, and structure
  • Analyze borrower performance, collateral quality, and cash‑flow sustainability across complex capital structures
  • Perform in‑depth financial analysis, including trend, ratio, and cash‑flow analysis
  • Evaluate guarantors, co‑borrowers, and sponsor support where applicable
  • Conduct industry, market, and geographic analysis to inform underwriting decisions
  • Oversee ongoing portfolio monitoring through monthly, quarterly, and annual reviews
  • Track covenant compliance and collateral metrics and identify early warning indicators
  • Proactively escalate emerging credit concerns and recommend mitigation strategies
  • Partner with internal teams and external counsel to ensure approved credit terms are accurately reflected in final documentation
  • Support amendments, renewals, and modifications from underwriting through closing
  • Serve as a credit thought partner to Relationship Managers and product teams
  • Provide backup support to Credit Underwriting leadership and lead initiatives or special projects as needed
  • Mentor and develop junior Credit Officers and analysts
  • Maintain strong compliance with internal policies and regulatory expectations, supporting audit and exam readiness

Requirements

  • 3-5 years of related experience in credit underwriting, portfolio and/ or risk management with a multinational financial services organization
  • Proven analytical skills including the ability to read and assess individual and company financial statements, cash flow, industry/competitive analysis and projections; including complicated business structures with foreign subsidiaries and/or parent organizations.
  • Demonstrated knowledge of intermediate accounting theory and its practical application in the credit underwriting process.
  • Excellent organizational skills, prioritizing capabilities, attention to detail, and the ability to complete assignments within required deadlines in a fast-paced environment.
  • Effective inter-personal and written/verbal communication skills.
  • Thorough problem recognition and resolution skills.
  • Pro-active disposition with ability to work autonomously and within a team
  • Proficient in various spreadsheet and word processing applications (Excel and Word), including the use of graphs and charts and financial analysis software.
Benefits
  • medical, dental & vision coverage
  • 401(k)
  • life, accident, and disability insurance
  • wellness programs
  • planned time off (vacation)
  • unplanned time off (sick leave)
  • paid holidays
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
credit underwritingfinancial analysistrend analysisratio analysiscash flow analysisportfolio managementrisk managementaccounting theorycovenant compliancecredit decision making
Soft Skills
analytical skillsorganizational skillsattention to detailcommunication skillsproblem recognitionproblem resolutionproactive dispositionability to work autonomouslyteam collaborationmentoring