What are the responsibilities and job description for the Underwriter position at CITI?
Citigroup Global Markets Inc. seeks an Underwriter for its New York, New York location.
Duties: Perform independent credit underwriting and risk analysis for complex Middle Market, Private Credit, Broadly Syndicated Loan, CLO, and structured finance transactions, including both new originations and amendments. Conduct in-depth financial, credit, and structural analysis of borrowers, underlying assets, and transaction frameworks to assess creditworthiness and risk profile. Develop underwriting views, risk assessments, and credit recommendations to support approval decisions by senior risk and business stakeholders. Lead the preparation of comprehensive underwriting memoranda, financial models, and analytical materials used in credit approval and transaction execution processes. evaluate transaction structures, collateral arrangements, covenant frameworks, and repayment sources to identify key risks and mitigants. Partner with risk management, legal, operations, and business teams to resolve complex underwriting issues and support transaction execution. Participate in credit discussions with internal stakeholders by presenting analytical conclusions and responding to risk-related inquiries. Monitor approved credit exposures and assess ongoing portfolio performance against underwriting expectations and risk standards. Analyze market, industry, and macroeconomic trends to inform underwriting decisions and portfolio risk assessments. Support enhancements to underwriting processes, analytical tools, and data integration initiatives to improve credit decision-making. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.
Requirements: Requires a Bachelor’s degree, or foreign equivalent, in Finance, Statistics, Business Analytics & Risk Management, Economics, Business Administration or related field and 1 year of experience as an Underwriter or related position involving Corporate Credit, Underwriting or Structured Products. One (1) year of experience must include: Reviewing transaction term sheets / structures and credit agreements, assessing alignment with market terms and applicable risk parameters, and proposing amendments or edits which fit firm’s credit appetite and assessment of current market conditions; Monitoring the developments of underlying collateral and relevant credit trends of the portfolio companies and associated industries and sectors; Evaluating borrowing base and correlation risk across different assets/collateral, identifying relevant patterns and performing scenario analysis to assess potential credit outcomes; and Researching private markets trends, investment strategies of institutional investors and other market participants to support underwriting decisions. Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID #26980189. EO Employer.
Wage Range: $122,600 to $130,000
Job Family Group: Risk Management
Job Family: Credit Risk
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Time Type:
Full time------------------------------------------------------
Primary Location:
New York New York United States------------------------------------------------------
Primary Location Full Time Salary Range:
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
Please see the requirements listed above.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
Anticipated Posting Close Date:
Sept 14, 2026------------------------------------------------------
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.
Salary : $122,600 - $130,000