Credit Underwriting Associate, Asset Backed Securities

Welcome to Citigroup, a global leader in financial services. We are currently seeking a Credit Underwriting Associate for our Asset Backed Securities team. As a member of this dynamic and innovative group, you will have the opportunity to work with a diverse portfolio of clients and play a crucial role in ensuring the success of our business. We are looking for an experienced and ambitious individual who is ready to take on new challenges and contribute to the growth of our company. If you have a strong understanding of credit underwriting principles and a passion for the financial industry, we want to hear from you. Join us and be a part of a team that is committed to excellence and delivering exceptional results.

1. Conduct thorough credit analysis and underwriting for asset backed securities to determine creditworthiness of potential clients.
2. Collaborate with other team members to evaluate and assess risk levels associated with various client portfolios.
3. Utilize industry knowledge and best practices to make informed decisions on credit approvals and recommendations.
4. Communicate effectively with clients and internal stakeholders to gather necessary information and provide updates on credit decisions.
5. Stay up-to-date on market trends and industry regulations to ensure compliance and mitigate potential risks.
6. Maintain accurate and organized records of all credit underwriting activities.
7. Continuously monitor and assess the performance of existing clients to identify any potential red flags or areas for improvement.
8. Provide timely and accurate reporting to senior management on credit underwriting activities and results.
9. Proactively identify and propose solutions to improve efficiency and effectiveness of credit underwriting processes.
10. Participate in training and development opportunities to enhance skills and knowledge in credit underwriting.
11. Represent the company in a professional and positive manner, promoting its values and goals.
12. Adhere to company policies and procedures, as well as industry regulations, at all times.

According to JobzMall, the average salary range for a Credit Underwriting Associate, Asset Backed Securities in New York, NY, USA is $68,000-$94,000 per year. This may vary based on factors such as the company, experience level, and additional skills and qualifications.

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.