Commercial Lending Management Associate

About the Role

The Commercial Lending Management (CLM) Assistant Vice President role within Citi’s Commercial Bank (CCB) for the North American (NAM) region supports the US CLM Healthcare team. CLM functions as an in-business credit risk unit focused on strategic industries and target markets. This role directly supports the responsible Credit Officer and is integral to the client delivery model for CCB. CLM is responsible for executing lending solutions, working in partnership with Relationship Managers and Independent Risk.

Key Responsibilities

• Facilitate the end-to-end lending process for a covered industry vertical.
• Provide thorough, objective analysis of financial condition and credit worthiness of borrowers.
• Analyze product/market conditions and appropriate credit structures based on various risk considerations.
• Underwrite and monitor credit risk associated with capital deployed across a variety of lending products.
• Drive internal analytical work product to underpin credit approval decisions.
• Maintain ongoing credit oversight of lending portfolio relationships through quarterly and/or annual reviews.
• Monitor covenant and other reporting requirements.
• Leverage internal expertise for industry/specialty verticals to gain knowledge of sector/product drivers and key performance indicators for informed credit underwriting decisions.
• Proactively manage the portfolio based on a dynamic environment.
• Develop understanding of Citi and CCB-specific credit policies, processes, and procedures, and apply them consistently.
• Ensure the portfolio is appropriately risk-rated and classified, properly secured (if applicable), and early warning signs are established and proactively addressed.
• Represent the bank as a critical “first line of defense” control function, ensuring the CCB's credit process adheres to internal and regulatory frameworks.
• Respond to relevant inquiries.
• Own the work product of their respective portfolio and represent covered accounts in forums.
• Contribute to strategic projects for NAM or Global CLM initiatives and provide critical inputs for credit formation within CCB.
• Identify, create, and deliver technical skills training to various teams across CCB to promote credit skill development and application.
• Mentor junior and other support staff.

Lending Solutions

• Working capital solutions
• Term loans
• Treasury and liquidity management services
• Foreign exchange
• Trade finance
• Interest rate derivatives

Requirements & Tech Stack

• Analytical Thinking
• Credible Challenge
• Financial Analysis
• Governance, Policy, Procedure, and Regulation
• Risk Management Lifecycle

Qualifications

• Assistant Vice President level role.
• Credit underwriting, due diligence, structuring, and documentation experience.
• Portfolio monitoring experience.
• Understanding of various Citi and CCB-specific credit policies, processes, and procedures.
• Ability to make well-informed credit underwriting decisions.
• Proactive portfolio management skills.
• Ability to promote the development and application of credit skills.

Location

• Primary Location: Chicago, Illinois, United States

Compensation & Benefits

• Primary Location Full Time Salary Range: $96,400.00 - $144,600.00
• In addition to salary, may include discretionary and formulaic incentive and retention awards.
• Competitive employee benefits: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
• Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.