Underwriter - C12 - DUBAI

22332 Citibank N.A. UAE -DIFC Branch; Dubai; On-site; AED 100,000 - 160,000; Full time

Job summary

A leading company in financial services is seeking an Underwriting Analyst/Associate to manage credit risk analysis for corporate clients in the Middle East. The role involves assessing credit strength, continuous monitoring of portfolios, and collaboration with stakeholders, requiring 5-8 years of credit experience and strong analytical skills.

Qualifications

• 5-8 years of credit experience in Banking or Credit Risk Management.
• Strong proficiency in English.
• Strong analytical skills with a deep understanding of financial components.

Responsibilities

• Assess credit and financial strength of corporate clients.
• Complete credit analysis write-ups and assign risk ratings.
• Monitor the portfolio and escalate potential credit issues.

Skills

Analytical Thinking

Financial Analysis

Risk Identification and Assessment

Education

Bachelor’s / University degree

Job description

Underwriting (UW) is an integral part of the Institutional Credit Management (“ICM”) organization. UW's mandate is to deliver best-in-class credit risk analysis, monitoring and credit administration as a partner to Corporate Banking and Risk shared commitment to ensuring the safety and soundness of wholesale lending across Citi.

Underwriting Analysts and Associates are responsible for a portfolio of Corporate Relationships, owning the Credit Risk Analysis for those relationships, and being responsible for the continuous monitoring of that portfolio. That includes the production of Initial Credit Approvals, Transaction Approvals, Annual Reviews, Quarterly Reviews, and the support to Ad-Hoc Portfolio & Industry Reviews and Stress Testing.

Responsibilities :

• Assess the credit and financial strength of Citi’s Large Corporate, Public Sector, and Financial Institutions Clients based in Middle East and Central Asia by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors.
• Complete Credit Analysis write-ups while assigning internal credit risk ratings based on independent assessment and judgement completed on the due diligence of the client and industry knowledge.
• Continuous monitoring of the covered portfolio, including following industry trends, impacts to key relationships, and escalation of potential credit issues to Underwriters, Risk and Banking partners.
• Partnership with applicable regional and industry stakeholders in Banking and Independent Risk in the implementation of credit assessment and monitoring standards for applicable portfolios.

Qualifications :

• 5-8 years of credit experience in Banking, Credit Risk Management or equivalent credit experience
• Strong proficiency in English (written and verbal).
• Strong analytical skills, including an understanding of key financial components (liquidity position, leverage profile) with the ability to identify root causes and trends and anticipate horizon issues.
• Background on both Corporate and Financial Institutions’ risk analysis will be a plus.
• Advanced industry research capabilities, including risk and key drivers.
• Ability to identify potential risk issues that need escalation and escalates them promptly.

Education :

• Bachelor’s / University degree or equivalent experience

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Job Family Group : Risk Management

Job Family : Credit Decisions

Time Type : Full time

Analytical Thinking, Constructive Debate, Escalation Management, Financial Analysis, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.

Other Relevant Skills

For complementary skills, please see above and / or contact the recruiter.