Credit Officer 2 Chicago IL Job in Chicago, Illinois US
Reference Code: 12009870
Location: Chicago, IL, USA
Education Level: Bachelor's Degree
Description
- 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 Citi products and services (both within Business and Commercial Banking and the broader organization).
- Support the development of pitch books and marketing proposals.
- Assist with the preparation and presentation of loan committee packages.
- Accompany bankers on customer 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.