Institutional Credit Management - Underwriter - Vice President
Citi
Mumbai, Maharashtra, India
Full-Time
Competitive
RemoteExecutive
Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.
Institutional Credit Management (ICM) is a first line of defense function (1LOD) that houses and consistently manages credit risk activities performed for Citi’s institutional clients. Within ICM, the Credit Underwriting function provides credit analysis, underwriting, and first line of defense credit approval for periodic / material transaction reviews, and the subsequent credit monitoring across all institutional business including Banking, Services, and Markets relationships.
Citi is seeking a highly qualified and motivated individual to join the ICM team as a Senior Underwriting Analyst (VP). The Senior Underwriting Analyst (VP) will be responsible for the comprehensive assessment and management of credit risk associated with Citi's Large Corporates portfolio. This role offers a unique opportunity to contribute to the prudent management of risk within a critical segment of the global economy.
In this role, you’re expected to:
Independently perform assigned responsibilities with limited supervision
Maintain coverage of a complex portfolio of obligors
Independent, timely completion of monitoring memos in assigned portfolio with minimal Underwriter comments
Author and/or support complex and time sensitive transaction memos, as required
Accurately and concisely analyze complex credits including criticized credits
Effectively lead/defend recommendations during Risk discussions. This includes defending projection model assumptions
Exhibit strong understanding of internal policies and procedures and keep up to date with any changes
Ensure timely completion of remediations identified during the internal testing process
Depending on experience, reviews and engages in discussions on credit terms of loans, derivatives, or other trading documents
Ensure compliance with key KPIs
Timely completion of all mandatory compliance / analytical trainings
Provide guidance and mentorship to Officers and AVPs on analytical matters
Assist in training for new joiners and recommend trainings around new procedures, improvement areas as needed
Demonstrated commitment to professional development and continuous learning
Ability to provide guidance and oversight to Analysts and Associates across portfolio monitoring requirements, financial modelling, and adherence to Policy & Procedure
Ability to build and maintain a network of internal resources and subject matter experts (across product, legal, operations, risk, and other relevant stakeholders) as needed
Ability to interpret and apply internal credit policies and procedures
Adherence to the highest ethical standards and a commitment to Citi's core values
Excellent verbal & written communication skills. Active listening skills
Excellent interpersonal and relationship-building skills with the ability to build relationships and exert influence with and without direct authority.
Willingness to work under pressure and manage time and priorities effectively with little to no supervision.
As a successful candidate, you’d ideally have the following skills and exposure:
Minimum 10+ years of experience, specifically in credit-related roles within Banking, Credit Risk Management, or a comparable field
Credit Officer (CO) or demonstrating the skills aligned with that designation
Strong skills in financial analysis, including proficiency in interpreting financial statements and identifying key risk indicators
Proficient knowledge of product documentation and ability to negotiate terms
Proficient in modeling techniques with a deep understanding of modeling principles
Proven ability to identify and escalate potential risk issues in a timely manner
Excellent written and verbal communication skills
Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint)
Education:
Bachelor’s/University degree or equivalent experience.
MBA or CFA or CA preferred
What We Offer:
Opportunities to grow your career locally and collaborate with colleagues across Citi's global network.
A hybrid working model that balances in-office collaboration with remote flexibility.
Investment in your professional development through training programmes, mentorship, and skill-building opportunities.
Employee wellbeing support including medical coverage, mental health resources, parental leave, and family support programmes.
Competitive retirement contributions and investment options to support your long-term financial goals.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
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