ICM Underwriting F&S - Associate

Employer
Citi
Location
Singapore, Singapore
Salary
Competitive
Posted
20 Nov 2022
Closes
26 Nov 2022
Ref
17661232
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Business: Global Financing and Securitization - Credit Financing

Position: Analyst

Job Description : The position within Citi's ICM Underwriting Unit works with senior Underwriters and GSP's Credit Financing business team in the underwriting and administration of a multi-billion-dollar loan portfolio secured by public/private credits. The Analyst supports senior Underwriters in reviewing terms, structures, data, model, documentation related to such financing; overall responsibilities are to:

  • Work proactively with Origination, Risk, and other internal constituents to ensure timely execution and internal reporting of new deals, syndication, amendment.
  • Assist in preparing initial drafts of credit memos for review by senior Underwriters and their submission for approval by Risk via internal processes and system workflows.
  • Generate internal deal ratings, maintain applicable scorecards, monitor limits, oversee data accuracy to ensure compliance with internal data generatioin/management guidelines.
  • Liaise closely with Private Credit team to accurately maintain comprehensive lists of collateral approvals, pricing adjustments, and advance rate changes.
  • Provide the Origination team with requested historical asset performance data and other ad hoc requests, maintain various internal databases.
  • Validate Borrowing Base model for each new deal and subsequent changes.
  • Review monthly servicer reports for accuracy, collateral eligibility, covenant compliance, and data integrity against reports from third party reports such as collateral agents; keep abreast of asset- and borrower-specific events.
  • Act as maker/checker for various internal database, oversee the accuracy/completeness of pertinent data, ensure changes to the facilities are reflected uniformly across internal systems.
  • Play an integral role in the approval process for transaction restructuring, amendment, consent and waiver request; serve as delegated contact person with other internal and external constituents such as participating banks, attorneys and external auditors.
  • Coordinate with the audit manager and senior underwriters on audit related matters (e.g., scope revisions, timely review); support senior Underwriters to follow up, negotiate and implement remedial actions with servicers for any major exceptions noted in the audits.
  • Maintain organized credit files for credit, regulatory, and compliance purposes.


Qualification and Experience : The candidate should have:

  • Preferably 1-3 years of credit or operational experience in structured finance/securitization within a financial institution, rating agency, financial guarantor, or asset management firm.
  • Proficiency in Excel & Power Point. Strong attention to detail - the role will have support transaction due diligence and documentation of transactions to ensure that all risks and business points are accurately covered and in compliance with internal criteria
  • Oral and written communications skills enabling one to effectively interact with internal and external constituents of all levels. Strong sense of ownership, diligence, ability to multi-task, eagerness to learn and advance.
  • The ability to work independently within a team environment to meet deadlines and the initiative to inquire/escalate with other members of the Underwriting or Credit Financing team to mitigate credit and operational risks


Job Family Group:
Risk Management

Job Family:
Credit & Portfolio Risk Management

Time Type:
Full time

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