Vice President, Credit Officer - Retail & Consumer Products

Citi's US Commercial Bank (CCB) is a rapidly growing business, targeting emerging, mid- and larger-sized companies with annual revenue generally from $100 million to $3 billion. To facilitate the CCB's wholesale lending activities, Commercial Lending Management (CLM) serves as an in-business credit function organized around our strategic industries and global target market approach. CLM plays a critical role of the client delivery model for the CCB, translating thought-leadership, industry and product expertise, and an end-to-end ownership of the credit relationship into best-in-class lending solutions.We are seeking a Vice President, Credit Officer to join the U.S. CLM Retail & Consumer Products team. This role reports to the U.S. CLM Retail & Consumer Products Team Lead and will be based in Chicago, a key Citi commercial banking and credit hub.Role OverviewThe CLM Credit Officer facilitates the end-to-end lending process for a covered industry vertical through a team of credit professionals. CLM is essential for the delivery of a wide range of financial solutions to Citi CCB clients, working in direct partnership with Relationship Managers and Independent Risk, to execute on the firm's and client's business objectives. This can include working capital solutions, term loans and M&A financing, treasury and liquidity management services, foreign exchange, trade finance and interest rate derivatives. The primary responsibilities of CLM include credit underwriting, due diligence, structuring and documentation, and portfolio monitoring. As part of the business and in direct partnership with relationship coverage bankers, CLM teams provide thorough, objective analysis of the financial condition and credit worthiness of borrowers, including prevailing covered industry sector and product/market conditions, as well as the appropriate credit structure based on various risk considerations.The CLM Credit Officer is responsible for approving and managing a material amount of credit risk associated with capital deployed across a variety of lending products appropriate for commercial banking relationships. The CLM Credit Officer is a critical partner in the pre-screening of pipeline opportunities with Relationship Management for assessing credit appetite and identifying key issues, providing structuring input on financing options, driving internal analytical work product and discussions on credit approvals, and maintain ongoing credit oversight of the lending portfolio relationships through quarterly and/or annual reviews along with covenant and other reporting monitoring, as applicable. The assigned industry/specialty vertical requires extensive knowledge of the unique sector/product drivers and key performance indicators to make well-informed credit underwriting decisions and proactively manage the portfolio based on a dynamic environment. The CLM Credit Officer provides sector and sub-segment insights for key internal and external stakeholders, contributes to industry-specific risk and portfolio content, including industry-level portfolio reviews, and leads the credit-specific risk assessments on new originations and portfolio requests.Key ResponsibilitiesCredit Underwriting & Portfolio ManagementLead underwriting and credit analysis for new and existing commercial clients within the Retail & Consumer Products verticalApprove and manage a material level of credit exposure in partnership with Independent RiskConduct annual and interim credit reviews, amendments, renewals, and extensionsApply sound judgment to structure transactions consistent with risk appetite and business strategyRisk Monitoring & ControlsMonitor portfolio performance, covenant compliance, and emerging risksIdentify potential credit concerns early and take appropriate actions to mitigate riskEnsure accurate risk ratings, regulatory classifications, and compliance with internal policiesStakeholder PartnershipPartner closely with Relationship Managers, Product partners, and Independent Risk to support client objectivesParticipate in client calls and discussions related to credit mattersRepresent credit views effectively in internal forums and approval discussionsExecution & DocumentationDirect and oversee loan documentation processes for new transactions and amendmentsCoordinate with internal partners and external counsel to ensure accurate implementation of credit termsLeadership & DevelopmentMentor and support junior credit staff and analystsContribute to process improvements and efficiency initiatives within CLMSupport training and development efforts to strengthen credit capability across CCBQualifications & ExperienceExperienced credit underwriting executive with a deep and relevant Retail and Consumer Product industry expertise, particularly in commercial and cross-border lending5+ years of experience in credit underwriting, portfolio and/or risk management with a large multinational financial services organizationDemonstrated knowledge of intermediate accounting theory and its practical application in the credit underwriting processExcellent communication (written, verbal, presentation and listening) and organizational skills; ability to complete multiple priorities in a timely mannerStrong credit sense and ability to articulate a view, work across a range of credit products, with experience in early problem recognition and resolution skillsDemonstrates learning agility: seeks out resources and experience to continually build knowledge/skills; quickly and successfully applies learning to new situationsReaches decisions in a timely and transparent manner, knows when enough information has been collected to make sound decisions, takes calculated risks with the confidence to defend their credit viewProficient in various spreadsheet and word processing applicationsBachelor's degree; advanced degree(s) and other certifications considered but not requiredIn 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 and 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.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.J-18808-Ljbffr