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Credit Risk Underwriter VP - Power, Chemicals & Clean Energy Transition (CET)- Hybrid

London, United Kingdom
Closing date
Mar 29, 2023

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Citi continues to enhance its business control and governance framework by building 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, Capital Markets, and Advisory (BCMA), Global Structured Products, Financings, and Securitizations (GSP-F&S), Treasury & Trade Services (TTS), Markets, and Securities Services (MSS).

A Power, Chemicals & Clean Energy Transition (CET ) Underwriter in Corporate Developed Markets covers large and complex relationships within Western Europe (WE), being responsible for all underwriting activities in partnership with BCMA and Risk.

Executes, aligned with global and regional strategies, all responsibilities regarding underwriting, including, but not limited to:
  • 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
  • Ensure Credit Approval Memo (CAM) packages are complete and accurate
  • Conduct detailed reviews of financial data, projection modeling, stress testing, and other in-depth analysis performed by junior resources
  • Facilitate relationships with key clients in Banking and Risk, along with key regulators, Internal Audit, Fundamental Credit Risk and other control functions
  • Support the ICM Underwriting Global Head of Corporate Developed Markets and Head of Power, Chemicals & CET Underwriting on strategic initiatives/projects
  • 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
  • Approaches transactions and client relationships with a solutions-oriented mindset while providing well-reasoned, balanced assessments of risk/return trade-offs
  • Proven track record of partnering with global peers in leveraging and implementation of best practices
  • 6+ years of relationship banking or credit risk/risk-related work experience in banking/financial institutions
  • Experience in effectively engaging 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 understand the 'big picture' in a complex environment
  • Strong verbal & written communication skills. Active listening skills.
  • Demonstrated influencing and negotiating ability, resolve conflicts amongst various constituencies
  • Advanced presentation skills - adept at presenting effectively to audiences of various sizes and various constituencies
Job Family Group:
Institutional Banking -------------------------------------------------
Job Family:
Investment Banking ------------------------------------------------------
Time Type:
Full time ------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. 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 review Accessibility at Citi .

View the " EEO is the Law " poster. View the EEO is the Law Supplement .
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