Credit Underwriter - Natural Resources (Power, Energy and Chemicals) - Senior Vice President in London

The Underwriter is a strategic professional who stays abreast of developments within their area and contributes to directional strategy by applying them to their role and the business. Recognized as a technical authority in their field, they provide commercial insight, develop communication and diplomacy skills, and influence colleagues and external customers through complex deliverables.

As a Natural Resources Underwriter in Corporate Developed Markets, the role covers large and complex relationships across the United Kingdom and Western Europe, responsible for underwriting activities in partnership with Banking & International and Risk. The Underwriter will focus on Power, Energy, Chemicals & CET sector clients.

Responsibilities

• Assist bankers and Underwriters in underwriting requests for credit extensions and the writing of annual reviews, focusing on more complex and higher dollar exposure transactions.
• Perform detailed financial analysis on companies, including trend and ratio analysis, and interpret financial information.
• Conduct collateral analysis on accounts receivable, inventory, machinery, equipment and real estate to evaluate collateral performance and repayment capacity.
• Prepare monthly and/or quarterly reviews of existing borrowers to track compliance with loan covenants.
• Build a solid understanding of Citibank products and services within Commercial Banking and the broader organization.
• Coordinate with bankers on customer calls and site visits when appropriate.
• Perform industry and geographical research and other due diligence as needed.
• Be familiar with Citibank credit policies, regulatory policies and standards to assist compliance and obtain satisfactory ratings from internal and external auditors.
• Provide training for less experienced credit officers and other credit center staff in application processing, credit analysis and loan closing roles.
• Provide backup to the team manager for workflow distribution and monitoring as needed.
• Recommend process changes to achieve greater efficiency.
• Appropriately assess risk when business decisions are made, considering compliance, ethics, and transparency in reporting control issues.

Qualifications

• Extensive relevant work experience in a similar role.
• Bachelor's degree in finance or accounting (preferred).
• Prior experience in a financial institution in a loan officer or underwriting role; credit training a plus.
• Advanced analytical skills, including reading and assessing company financial statements, cash flow, industry and competitive analysis, and projections.
• Demonstrated knowledge of intermediate accounting theory and its practical application in credit underwriting.
• Excellent organizational skills, attention to detail, and the ability to complete assignments on time.
• Effective written and verbal communication skills.
• Problem recognition and resolution skills.
• Ability to work autonomously and within a team.
• Proficiency in spreadsheet and word processing applications (Excel and Word preferred), including use of graphs, charts, and Moody’s financial analysis software.

Education

• Bachelor’s/University degree.
• Master’s degree preferred.

Benefits

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
• A discretionary annual performance related bonus.
• Private medical insurance packages tailored to your circumstances.
• Employee Assistance Program.
• Pension Plan.
• Paid parental leave.
• Special discounts for employees, family, and friends.
• Access to a broad range of learning and development resources.

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 require a reasonable accommodation to use our search tools or apply for a career opportunity, please review Accessibility at Citi.