Credit Analyst

Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a first line of defense business line, to house and consistently manage credit risk activities performed for Citi’s institutional clients. ICM’s objective is to provide integrated end-to-end credit underwriting, identification, measurement, management, and monitoring for wholesale credit across the enterprise. Within ICM, the Credit Underwriting function (“ICM UW” or “UW”) provides credit analysis, underwriting, and first line of defense credit approval for periodic / material transaction reviews, and any necessary subsequent credit monitoring across all institutional business including Corporate Banking, Services, and Markets relationships.

A Credit Analyst is expected to have a basic understanding of credit risk, leveraging off an academic background Finance, Accounting, or Business Administration. This role reports to the Underwriter/Staffer (SVP) within the ICM UW organization, but takes each interaction as an opportunity to further learn about credit risk, industry fundamentals, effective writing, and communication. That includes the production of annual reviews, quarterly reviews, and the support of ad-hoc transactions and portfolio & industry reviews and stress testing, in partnership with Citi Israel Underwriter, Banking and Risk. This role has responsibility for Citi's institutional clients in Israel which ranges from corporates, financial institutions, and public sector obligors.

Key Responsibilities

Executes, aligned with global and regional strategies, all responsibilities regarding underwriting, including, but not limited to:

• Assess the credit and financial strength of Citi’s counterparts by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors. This includes conducting initial financial analysis, due diligence, projection modeling, stress testing, risk ratings and other in-depth analysis
• Complete Credit Approval Memos (CAMs) and Final Obligor Risk Ratings (FORR) of Citi’s Counterparties based on independent assessment and judgement; completed based on the due diligence of the client and industry knowledge to provide appropriate extensions of credit remaining within Citi’s risk appetite. This includes 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
• Support relationships with key stakeholders in Banking and Risk and with key Regulators, Internal Audit, and control functions
• Support ICM Underwriting organization on strategic initiatives /projects as required
  
  

Risk Management Experience:

• Experience in and exposure to global credit risk management standards
• Ability to understand financing and product structures
• Ability to assess financial and industry data to conduct credit assessment
• Able to discuss and address issues associated with the allocation of risk assets and risk capital in partnership with stakeholders and product organizations.
  
  

Client Relationships / Business Partnership:

• 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
  
  

Qualifications:

• Financial Services experience including 0-2 years of credit experience in banking or credit risk management
• Bachelor’s/University degree or equivalent experience
• 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
• Good presentation skills – adept at presenting effectively to audiences of various sizes and various constituencies
  
  

What we can offer you:

By joining Citi Israel, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed) and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well. Discover more HERE.

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

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Job Family Group:

Risk Management

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Job Family:

Credit Risk

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Constructive Debate, Escalation Management, Financial Analysis, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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