Underwriting Credit Risk Analyst – Officer

Citi bank; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading global bank in the United Arab Emirates seeks an Underwriting Analyst to handle credit risk analysis for corporate relationships. Ideal candidates should have 3-6 years of experience, strong analytical skills, and proficiency in English, with additional knowledge of French or Arabic being advantageous. This role involves assessing credit strengths, managing portfolios, and monitoring potential risks.

Qualifications

• 3-6 years of credit experience in Banking or Credit Risk Management.
• Strong proficiency in English; knowledge of French/Arabic is a plus.
• Strong analytical skills and understanding of financial components.

Responsibilities

• Assess credit strength of complex clients through fundamental credit analysis.
• Complete Credit Analysis write-ups and credit risk ratings.
• Continuous monitoring of the portfolio and escalation of risks.

Skills

Credit Risk Management

Analytical Thinking

Financial Analysis

Escalation Management

Education

Bachelor’s/University degree or equivalent experience

Job description

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.

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 Analyst 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.

In this role, you’re expected to:

• Assess the credit and financial strength of Citi’s Most Complex Large Corporate, Public Sector, and Financial Institutions Clients 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.

As a successful candidate, you’d ideally have the following skills and exposure:

• 3-6 years of credit experience in Banking, Credit Risk Management or equivalent credit experience
• Strong proficiency in English (written and verbal). Knowledge of French / Arabic will be a plus.
• 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 Risk

Time Type: Full time

Most Relevant Skills: 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.

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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