Head of EMEA Underwriting

Job Description Citi Global Wealth is a Division of Citi focused on serving the needs of clients across the entire wealth spectrum. It has been created by combining the Wealth Management businesses across Citi Global Consumer Bank and Citi Private Bank. It serves over 500,000 clients through its global footprint in Asia, EMEA, Latin America, and North America. Citi Global Wealth delivers a wide range of products and services covering capital markets, managed investments, portfolio management, trust and estate planning, lending, and cash management.

By building on the strengths and capabilities across Citi, we intend to transform the way we serve clients across the wealth spectrum, delivering the full range of high tech and high touch capabilities Citi can offer, and ultimately help them achieve their goals. Citi Global Wealth propositions are delivered via tailored offerings across the Citigold, Citi Private Client, and Citi Private Bank brands.

The Wealth Lending business offers a diverse product range including Securities Based Loans, Residential and Commercial Real Estate (CRE) lending, Aircraft, Fine Art, Subscription Credit Facilities (SCF), Other Secured and unsecured facilities tailored to target market clients of Citi Global Wealth. As part of our efforts to strengthen and deepen our controls capabilities, we have established a new global organization called Wealth Credit Management (WCM) that serves as the First Line of Defence and In-Business Risk oversight including underwriting, portfolio management, quality control and transaction management.

WCM will work closely with our CGW Lending teams to serve as a critical component of our First Line of defence for credit risk management and will work with our Independent Risk partners to ensure best‐in‐class risk and controls, as well as client responsiveness. Key responsibilities will include credit analysis, documentation, risk identification, monitoring and administration associated with CGW wholesale lending activities.

The scope of responsibilities and scale of this team will evolve over time to continue to meet our needs. WCM’s mission is to provide best‐in‐class credit analysis and monitoring which is risk‑differentiated, thoughtful, timely, and which conforms to applicable local and global regulatory expectations for safety and soundness in their relevant jurisdictions. WCM Head will coordinate with Institutional Credit Management (ICM) and other credit management groups across Wholesale/ICG, Retail/Consumer and Counter party Credit Risk to ensure full alignment on business and regulatory goals, as well as consistency and best practices where appropriate Europe, Middle East, Africa (“EMEA”) Wealth Credit Management Head The EMEA Head of Wealth Credit Management will be a key member of Global WCM Leadership team as well as the Wealth Lending ‘Extended’ Leadership Team within Citi Global Wealth.

The incumbent of this role will be tasked with leading a team of over twenty credit professionals with primary responsibility to perform the analysis and deal structuring for the credit approval, deal execution and closing, as well as ongoing portfolio monitoring, amendments and renewals. The team will co‑coordinate closely with the Lending Advisors to support new and existing Wealth Lending relationships.

Drive the development of the regional WCM function including recruitment of top underwriting talent and, organisational enhancements as the scope of responsibilities and scale of this team evolves over time to continue to meet the lending needs of Citi Global Wealth. This is a highly demanding role, requiring strong leadership, governance and oversight founded on exemplary lending and underwriting…