Credit Officer 2 - Citigroup (Long Island City, NY)

POSITION SUMMARY The Business Banking Credit Officer function is designed to provide thorough, objective analysis of the financial condition and credit worthiness of borrowers and individuals, as well as analysis of prevailing industry and market conditions. Analysis is performed through the examination and interpretation of historical and projected financial statements and related information, biographical data on a company and/or individual, market information, and credit reports, with a focus on determining a borrower's repayment ability. The Business Banking Credit Officer also assists with the preparation of various reports, informational requests, credit inquiries, and other special requests from the Relationship Managers and Credit/Risk Managers as needed. The Credit Officer also has knowledge of the various products and services offered in the Business Banking business and the ability to work independently and handle assigned transactions within the established turnaround standards. RESPONSIBILITIES Support the bankers in underwriting requests for credit extensions for new and existing clients, and in the writing of annual reviews. Perform detailed financial analysis on companies, including trend and ratio analysis, and interpret the financial information. Perform credit and personal financial statement analysis on individuals, guarantors, and co-borrowers in order to determine repayment capacity based on cash flow statements, tax returns, and statements. Prepare monthly and/or quarterly reviews of existing borrowers in order to track compliance with various loan covenants as outlined in the Loan Agreement. Build a solid understanding of Citibank products and services (both within Business and Commercial Banking and the broader organization).Coordinate with bankers on customer calls and site visits, when appropriate.Perform industry and geographical research and other due diligence as needed. Be familiar with Citibank credit policies and practices and regulatory policies, to assist unit in achieving compliance with the above and satisfactory ratings from internal and external auditors. Recommend changes to process to achieve greater efficiency.

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