Position Overview
The Credit Underwriting Associate within Citi’s Institutional Credit Management (“ICM”) Credit Underwriting ABS team works with senior Underwriters and the ABS business team in the underwriting of a multi-billion-dollar portfolio of asset securitization transactions financed primarily through the asset-backed commercial paper market. The AVP supports senior Underwriters in reviewing terms, structures, collateral, models, and documentation of such transactions secured by various asset types (including auto, credit card, unsecured consumer loans). Responsibilities will include:
**Responsibilities:**
+ Work proactively with the Origination team on pre-screening of new deal opportunities, initial collateral analysis, preliminary financial analysis, and preparation of “greenlight” memoranda.
+ Participate in due diligence sessions and document client/industry performance, financial trends, and collateral characteristics.
+ Propose internal risk ratings, update applic...