Underwriter - Senior Vice President

Singapore, Singapore
03 Mar 2023
02 Apr 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
The Underwriter is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. Typically, a small number of people within the business that provide the same level of expertise. Excellent communication skills required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Accountable for significant direct business results or authoritative advice regarding the operations of the business. Necessitates a degree of responsibility over technical strategy. Primarily affects a sub-function. Responsible for handling staff management issues, including resource management and allocation of work within the team/project.

The Underwriter role is responsible for underwriting, closing and securitizing loans in coordination with the investment banking team.

  • Assist bankers and Underwriters in underwriting requests for credit extensions for new and existing clients, and in the writing of annual reviews with focus on more complex and higher dollar exposure transactions.
  • Conduct and review due diligence and prepare or oversee preparation of internal committee packages for approval, as well as, credit submissions required for the sale of the loans to Bond Investors and for Rating Agencies.
  • Create written and oral work products to test the financial feasibility and credit worthiness of loans. Prepare and / or oversee monthly and/or quarterly reviews of existing borrowers in order to track compliance with various loan covenants as outlined in the loan Agreement.
  • Build and eventually demonstrate a solid understanding of Citibank products and services within Commercial Banking and the broader organization.
  • Be familiar with Citibank credit policies and practices and regulatory policies, to assist unit in achieving compliance with the above and satisfactory ratings from internal and external auditors.
  • Provides 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 in workflow distribution and monitoring as needed.
  • Recommend changes to process to achieve greater efficiency.
  • Travel to markets throughout Asia to meet with internal and external clients, conduct due diligence on specific asset portfolios and participate in training opportunities.
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

  • 10+ years of experience, of which minimum of 6-7 years in loan underwriting or equivalent experience.
  • Individual must have excellent communication, organizational and interpersonal skills.
  • Individual must work well under tight deadlines, manage priorities, and complete assigned tasks with minimal management follow up.
  • Candidate has quantitative skills with a high proficiency with Excel and other Microsoft based programs.
  • Excellent analytical and computer skills including the ability to quickly adopt new technology.

Additional non-core qualifications which will be considered are:
  • The individual should have a demonstrated track record and working knowledge of applying lending Underwriting Guidelines and preferably be familiar with the processes of Rating Agencies.
  • The individual will have the tact and composure to be client focused while also managing internal and external relationships. A successful Underwriter will take ownership while maintaining attention to details and working independently.
  • This person will have the ability to read, comprehend, and summarize legal documents collected in the due diligence process.
  • Working knowledge of the nuances of loan transactions will be very highly weighted in favor of the successful candidate.
  • Ability to travel (20% of time) on short notice necessary.

  • Bachelor's/University degree, Master's degree preferred.

Job Family Group:
Institutional Banking

Job Family:
Investment Banking

Time Type:
Full time

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Qualified 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.

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