Institutional Credit Management (ICM) is a specialist function in Citi's first line of defence which manages the Credit Risk (the risk of loans or other extensions of credit defaulting) of Wholesale customers (Corporations, Financial Institutions, SPVs and Governments).This role is within Underwriting, that is responsible for conducting credit analysis to allow Citi to make decisions on the credit-worthiness of our existing and prospective clients, which includes periodic and transaction-related reviews. We essentially work closely with product Markets and Banking partners to deliver credit analysis on securitisation and specialized products.
This role will involve exposure across several different Underwriting products within the securitisation business (which may include Asset-Backed Securities, Real Estate and Structured Credit Financing) to give the apprentice a well-rounded experience of these products and the underwriting process. The goals of the role will be to develop an understanding of credit risk processes across the bank and to develop a firm grasp of Risk and Credit Underwriting. In addition you will participate in a rotation within our In-Business Quality Assurance Function, that is responsible for providing management with assurance over wholesale credit risk management practices, checking whether Wholesale Credit Risk processes are being effectively and consistently applied.Key Responsibilities:
The responsibilities will vary across each rotation within Underwriting but may include:Assisting with the ongoing transaction monitoring, portfolio performance and financial triggers testingAssisting with the review of servicer reports for accuracy, investigate unusual data trends, identify deteriorating asset performancePlaying a supportive role in the credit approval process for annual reviewsAssisting with process improvement projectsAs part of In-Business QA rotation - assisting with the performance of testing of Wholesale Lending, Counterparty Credit Risk and Data, and assisting in the development of Data Analytics solutions.Your time here will look something like this....Assisting with the ongoing performance transaction monitoringAssisting with the review of monthly servicer reportsAssisting with the credit approval process of annual reviewsAssisting with process improvement projectsDevelopment Value:Fantastic opportunity for an apprentice to develop knowledge of the full credit risk lifecycle which is the heart of a bank via the Underwriting function.Opportunity to work across ICM on a rotation basis and gain a variety of experiences.Continue to learn through on job training from experienced professionals and gain industry recognized qualifications.What We Offer
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.
We'll provide you with the resources to meet your unique needs, empower you to make healthy decisions, and allow you to choose which benefits suit you and your personal life best.
Highlights to our core benefits include:Award winning pensionOn-site health servicesPrivate medical insurance packages to suit your personal circumstancesPaid parental leaveGenerous holiday allowance starting at 27 Days plus bank holidays; increasing with tenureLearning pathway and support
The candidate will follow the Level 3 Risk and Compliance Apprenticeship pathway, supplemented with Citi provided and on-the-job training
Personal qualities:
    Demonstrate motivation for joining both the programme and Citi
    Demonstrate aptitude for problem-solving and analytical thinking 
    Interested in technology and innovation
    Attention to detail, organizing and planning abilities
    Appetite to learn new skills and work towards a qualification
    Enthusiastic team worker who will contribute confidently in a team environment

Qualifications:You have been resident in UK 3 yrs prior to starting apprenticeship with the right to work in UKMinimum A-C or 4-9 in Level 2 Maths and English or equivalent

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Job Family Group:

Operations - Services

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Job Family:

Credit Maintenance

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Time Type:

Full time

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