Location: New York New York United States
Leveraged Finance Underwriting (“LFU”) is seeking a Vice President/Underwriter to join the team. The VP is an Underwriter level professional that will work with the full team to lead and drive best-in-class transaction underwriting with a goal of materially enhancing Citi’s end-to-end Leveraged Lending credit management process.
LFU Underwriters are actively involved in Citi’s credit approval and origination process for leveraged finance transactions, assisting clients in raising funds in the capital markets, as well as providing ongoing oversight of Citi’s credit monitoring support for Citi’s Leveraged Lending portfolio.
Our Underwriters have a comprehensive understanding of the wide range of complex financial issues facing our clients and can provide the opportunity to further develop an enhanced set of core credit skills. Combined with an appreciation of the broad set of services offered by Citi, this understanding allows us to effectively deliver innovative solutions to our clients, as well as properly manage the credit exposure within global Citi’s Leveraged Lending portfolio.
VP Role and Responsibilities
Work with Analysts, Associates and Senior Underwriters to oversee and provide critical support and leadership across LFU’s core functions: (1) Leveraged Finance transaction origination (LBO & Corporates) and credit approval; (2) periodic credit monitoring; (3) portfolio management and early problem recognition; (4) global leveraged lending related projects and strategic initiatives
Evaluate and gain a strong understanding of clients' business, financial performance and key credit drivers across various industries with the ability to raise issues and concerns as needed
Review and analyze models used for enterprise valuation and to forecast the client's operating and financial performance and be able to articulate assumptions and analysis to senior Business and Risk
Supervise Analysts and Associates in coordination with LFU Mumbai to perform periodic written reviews of the clients' financial and operating performance, covenant compliance, management/relationship strategy, and competitive position within its peer group
Interact daily with our product partners in Debt Capital Markets, Investment Banking, Corporate Banking and Risk, in addition to Legal counsel (both internal and external) developing the ability to understand the deal structures and to ensure they are properly documented and approved as per the WCR Standards & Procedures
Help manage the LFU junior team (i.e., Analysts and Associates), responsible for their credit training and mentoring throughout their tenure in the group
Analyze underlying business rationale/strategy for deals that are conducted through creating both Business and portfolio reviews for Senior Management on the global risks for the portfolio as well as to highlight key trends in the market
Thought leader to help develop and execute on a robust governance framework for the credit underwriting end-to-end processes
Remain current on all relevant Leveraged Lending market trends and issues
Qualifications
6-8 years relevant leveraged lending underwriting experience. Prior experience working in a regulatory and compliance policy environment
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 advanced knowledge of 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
Requires good analytical skills in order to filter, prioritize and validate potentially complex material from multiple sources
Exercises wide degree of latitude and discretion
Significant impact on the area through complex deliverables
Provides advice and counsel related to the technology or operations of the business
Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family
Education
Bachelor’s/University degree, MBA/MSc degree preferred
•Working Environment: office setting, minimal travel required.
- Effort: minimal physical effort required.
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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Primary Location
New York New York United States
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Primary Location Full Time Salary Range
$129,840.00 - $194,760.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Most Relevant Skills
Analytical Thinking, Credible Challenge, Financial Analysis, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.
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Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
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Anticipated Posting Close Date
Nov 06, 2026
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Automated Processing and AI
We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.
Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.
Illinois residents – AI Notice and Right
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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their 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 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 Citi’s EEO Policy Statement and the Know Your Rights poster.
Job description provided by Citigroup.
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