4 days old

Citi Commercial Bank - Credit Associate

Madrid, IA 50156
**Equal Opportunity**

We recognize talent comes from a wealth of experience and ideas beyond just the technical specifications of a role. If you feel like you can make a meaningful impact even if you dont necessarily check all the listed requirements, **_please still consider applying_** . Diversity of experience and skills supplemented with drive are cornerstones to innovation and excellence and we **_encourage people from all backgrounds to apply_** to our positions.

**Key Responsibilities** **_:_**

+ Within the Commercial Lending Management department (CLM), the candidate will be responsible for periodical/initial credit risk reviews of existing, prospect individual clients or group of companies.

+ Appropriately assesses risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citi, 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. Proper execution of all relevant Credit Policies, Programs and Procedures for the credit process.

+ Periodical/initial credit risk reviews of existing, prospect individual clients or group of companies.

+ Identifies and analyzes situations that create risk for the Bank, utilizing various resources such as credit reports, score cards, risk systems, and knowledge of the elements of Risk.

+ Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information.

+ Assumes full responsibility and leadership of parties involved in the credit process, for timely completion of tasks related to the assigned portfolio/pipeline.

+ Visits the client premises in person periodically -minimum as required by procedures- to meet the management and to well understand the activity, production phases -if the case- to be facilitated in risk analysis

+ Decision making and credit file preparation including but not limited to client risk ratings, management assessment, match of the credit product types, tenors and loan amounts to the purpose of the loan, collateral types and evaluations, special conditions, covenants, financial analysis

+ When required, performs as second approver/checker of Credit Applications according to the designated approval limits

+ When needed as per procedures, preparation of Greenlight Memorandums together with Sales Team and presenting the drafted credit proposals to required approvers at the Greenlight Meetings

+ Continuous assurance of health and appropriateness of the credit clients risk profile. Identification of any risk issues regarding the assigned/designated portfolio/pipeline timely. Deciding and planning all the necessary actions needed in cases where deterioration is expected

+ Early Warning, Risk Management activities to take the right actions timely to ensure a healthy risk profile, including classification decisions and credit strategy

+ Follows the daily local/international market updates and news, follow daily/periodical internal reports and relate them with assigned/designated credit portfolio/pipeline to better analyze and take actions when needed. Maintain necessary controls on daily basis for a healthy portfolio

+ Responsible for deciding on and monitoring the remedial strategy of each client classified for closer monitoring

+ Responsible for cost of credit

+ Prepares for and leads ad-hoc analytical tasks (i.e. portfolio review purposes, stress tests)

+ Responsible for on time completion of annual reviews, quarterly credit reviews (when needed), any ad-hoc reviews of existing customers (timely maintenance of maturing credit lines)

+ Responsible for targets regarding approval cycle time and number of credit packages that needs to be processed targets given by Global Office and local management-. Responsible to understand the urgencies and deadlines and comply with the plans agreed with the client. Should set the priority of work-load together with the relevant departments pro-actively and transparently

+ Follows the market practice, initiate necessary changes in risk process, procedures and initiate actions for development in relevant areas. Responsible for updates and improvements of credit policy, process, credit tools and procedures

+ Maintains credit related data consistency by daily usage of reports, credit tools, etc

+ Responsible for getting satisfactory ratings in internal and external audits (Peer Reviews, Post Loan Reviews and Fundamental Credit Reviews, Internal Audits, Central Bank of Europe Audits etc) by ensuring the quality of credit applications.

+ Demonstrates/presents own ideas to build awareness and credibility in the organization and obtain and promote his/her credit approval authority in connection with visible success

+ Contributes to ad hoc projects and prepares reports requested by Management.

+ Quickly transition into participation in all Business Monitoring and Review activities, in addition to supporting the groups on various projects and presentations.

+ Completes all tasks connected to the Banks activity but not detailed in the job descriptions charged by the Local or Global Management and Superiors, with no delays.

**Management Responsibilities**

+ Builds close professional relations with other divisions in the organization

+ Mentors Sales Team and any relevant teams to support the quality improvement of credit process

+ Responsible for setting a good example, training and coaching of new recruits, more junior staff and interns

+ Regularly assumes informal/formal leadership roles within teams.

+ Ownership: Owns and leads the end to end credit process, take full risk management responsibility for the assigned/designated portfolio. Plan about every next step to be taken in credit process of portfolio/pipeline assigned.

+ Compliance: Ensures that any people management/deputy/leadership related tasks are executed in accordance with Citi policies and procedures, complying with statutory regulations and laws (e.g. recruitment, work orders, managing performance, etc.)

+ Engagement: Takes responsibility for sharing workload with the team, helping the others works when the pipeline gets de-balanced due to ad-hoc requests

**Knowledge and Experience:**

+ Relevant experience

+ Previous experience in Banking, Finance, Accounting, Economics, Business Administration, Computer Science or similar with Credit or financial statement analysis experience preferred.

+ Ability to apply credit and risk principles toward business goals

+ Broad based experience in structuring credit agreements, knowledge on complex credit products

+ Formal credit training or knowledge of financial accounting standards is beneficial.

+ Strong understanding of Commercial Banking Business and Market

+ Knowledge of Citi's organization and systems preferred.

+ Demonstrated ability to synthesize, prioritize and drive results with a high sense of urgency

+ Must be highly organized and able to work in a fast paced environment managing multiple projects and possess effective interpersonal, organizational and analytic skills

+ Excellent written and spoken English skills. Any other language skills a plus.

+ Clear and concise written and verbal communication skills.


+ Bachelors/University degree or equivalent experience

+ Intermediate to advanced proficiency in Microsoft Office (Excel, Power Point, Access, Word, Visio, etc).

+ Spanish language essential

+ Portuguese desirable


**Job Family Group:**

Risk Management


**Job Family:**

Credit Decisions


**Time Type:**

Full time


Citi is an equal opportunity and affirmative action employer.

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.

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 **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .

View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .

View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .

View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.


Posted: 2022-05-13 Expires: 2022-06-12

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Citi Commercial Bank - Credit Associate

Madrid, IA 50156

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