Citi US | Public Sector & Municipals Underwriter

Responsibilities

• As a Public Finance Credit Underwriter within Citi’s Public Sector & Municipals team, you will lead credit underwriting and risk analysis for municipal, not-for-profit, and sovereign clients.
• This role combines deep financial and collateral analysis with direct client and banker collaboration, giving you ownership over complex, high-value credit decisions.
• In this role, you will serve as a trusted credit partner to bankers and clients, balancing responsible risk management with business growth objectives.
• You will leverage Citi’s Commercial Banking platform to deliver sound credit recommendations, support portfolio management activities, and help develop the next generation of credit officers, analysts, and underwriters.
• Lead underwriting, credit analysis, and portfolio management activities for municipal, not-for-profit, and sovereign clients, with a focus on public finance transactions.
• Evaluate borrower financial statements, cash flow projections, collateral structures, debt profiles, and market conditions to determine creditworthiness.
• Prepare and present clear, well-supported credit approval memoranda and recommendations to senior credit officers and risk committees.
• Monitor portfolio performance, identify emerging risks, and recommend appropriate mitigating actions.
• Partner closely with Relationship Managers, Product Partners, and Risk Management teams to structure and execute transactions that meet client needs while maintaining Citi’s risk standards.
• Conduct industry and market research to assess trends, opportunities, and potential risks affecting public sector clients.
• Ensure compliance with all applicable Citi credit policies, regulatory requirements, and underwriting standards.
• Support talent development through mentoring and guidance of junior analysts, underwriters, and credit officers.
• Participate in special projects and strategic initiatives that enhance underwriting processes, portfolio management practices, and client service capabilities.
• You will provide thought leadership on complex public finance transactions, support the development of junior talent, and contribute to a high-performing credit culture within Citi’s Public Sector & Municipals franchise.

Qualifications

• 10+ years of experience in commercial banking, credit underwriting, public finance, municipal finance, or related credit risk functions.
• Strong analytical skills with demonstrated experience assessing financial statements, credit structures, and repayment capacity.
• Knowledge of municipal credit markets, public finance transactions, and sovereign credit analysis preferred.
• Experience preparing and presenting credit recommendations to senior stakeholders and approval committees.
• Strong communication and relationship management skills with the ability to collaborate effectively across multiple teams.
• Demonstrated ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Proven leadership, mentoring, and coaching capabilities.
• Analytical Thinking, Credible Challenge, Financial Analysis, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.

Citi

Citi is the global bank of Citigroup Inc., one of the world's largest financial institutions, serving corporations, governments, institutions and individuals in about 160 countries and jurisdictions. Citigroup's shares trade on the New York Stock Exchange.

• Industry: Global banking and financial services
• Headquarters: New York, USA (Citigroup Inc.)