Global Industry Head of Industrials Underwriting (ICM) Global Industry Head of Industrials Underwriting (ICM)Citi London, United Kingdom

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Posted 1 day ago In-Office Job Permanent Competitive

Global Industry Head of Industrials Underwriting (ICM)At Citi, you''ll have the opportunity to grow your career, give back to your community and make a real impact.Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a 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 wholesale credit businesses including Banking, Global Structured Products, Financings, and Securitizations (GSP-FandS), Treasury and Trade Services (TTS), Markets, and Securities Services (MSS).The Global Head of Industrials UW manages a team of Corporate Underwriters, covering Transport and Industrials, Capital Goods, Metal and Mining and diversified Industrials clients in North America and in Western Europe, being responsible for all underwriting activities, in partnership with Banking and Risk. This role reports directly to the Global Head of ICM CDM Credit Underwriting. The teams reporting to the Global Head of Industrials are based in London and New York City.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 forumsDetailed review of financial analysis, due diligence, projection modeling, stress testing, risk rating and other in-depth analysis performed by junior resourcesPartnering with Front Office on structuring and production of term sheet for new transactionsFacilitate relationships with key partners in Banking and Risk and with key Regulators, Internal Audit, and control functionsSupport the ICM CDM Underwriting Global Head on strategic initiatives/projects as requiredSPECIFIC RISK EXPERIENCE:Experience in and exposure to global credit risk management standardsAbility 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 understand nuances of local markets, local regulation, and the capabilities and practices of competitorsCreates and sustains a network of strong partnerships with the business in all segments and geographies and other risk functionsProvides well-reasoned, balanced assessments of risk/return trade-offs associated with transactions and client relationshipsProven track record of partnering with global peers in leveraging and implementation of best practices15+ years relevant work experience in banking/financial institutions, including 10+ years'' managerial experience

Proven ability to effectively engage with regulators and internal control functions including Internal Audit and Fundamental Credit Risk as well as with external auditMust work well under tight deadlines, manage priorities, and complete assigned tasks with minimal guidance and management follow upRisk ManagementQualified 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

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