Citi Community Capital - Real Estate Underwriting - Assistant Vice President

Citi; Mumbai; Sur place; INR 4 000 000 - 7 500 000; Plein temps

Résumé du poste

Citi is seeking a high-caliber professional to join the Real Estate Underwriting team in Mumbai as an Assistant Vice President (Underwriter - C12). The role offers exposure to a multi‑billion-dollar real estate portfolio, with responsibilities spanning construction financing, guarantor analysis, and permanent financing.

You will work with senior leaders and gain broad credit lifecycle experience. The ideal candidate has 6+ years in credit analysis or underwriting, strong MS Office skills, and a

Qualifications

• 6+ years of credit analysis or underwriting experience at a financial institution or similar.
• Strong MS Office skills; modelling experience is a plus.
• Attention to detail to document transactions thoroughly.
• Strong written and verbal communication skills.
• Team player who can work under pressure and with multiple stakeholders.
• Ability to work independently and meet tight deadlines.
• Real estate or structured credit experience preferred.

Responsabilités

• Coordinate with underwriting team and asset manager for timely information flow.
• Review property financials including NOI, rent rolls, and borrower statements.
• Oversee junior analysts' work for accuracy and timely delivery.
• Assist with credit classification and risk rating processes.
• Monitor deals for compliance with financing terms and triggers.
• Track construction progress and budget against plans.
• Prepare annual credit approval and quarterly memos.
• Support stress testing, concentration analysis, and audits.

Connaissances

Analytical Thinking

Credible Challenge

Financial Analysis

Governance

Policy

Regulation

Risk Management Lifecycle

Formation

MBA, CFA, or CA

Outils

Microsoft Office

Modelling

Description du poste

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‑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.

Shape your Career with Citi

We’re currently looking for a high caliber professional to join our team as Citi Community Capital - Real Estate Underwriting - Assistant Vice President (Internal Job Title: Underwriter - C12) based in Mumbai, India. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well‑being to help plan for your future. For instance:

• Citi provides programs and services for your physical and mental well‑being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
• We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
• We empower our employees to manage their financial well‑being and help them plan for the future.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
• We have a variety of programs that help employees balance their work and life, including generous paid time off packages.
• We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.

The Analyst will hold a critical role within the Structured Credit and Real Estate Underwriting (RESCU) team, supporting the management of a multi‑billion‑dollar portfolio of real estate assets primarily in the affordable housing space (Citi Community Capital) across North America. The Analyst will gain broad exposure across the full credit lifecycle, covering Construction Financing, Guarantor Analysis, and Permanent Financing.

In this role, you’re expected to:

• Work proactively with the Underwriting team/ Asset Manager to ensure timely information flow/ communications among all internal stakeholders
• Review property‑level financials (operating statements, rent rolls, NOI) and borrower/guarantor financial statements including REO exposure, to identify deteriorating trends and support portfolio reviews.
• Oversee and review the work product of junior analysts, providing constructive feedback to ensure quality, accuracy, and timely delivery in line with credit policies and WCR standards.
• Assist with classification and risk rating processes. Identify data trends & deteriorating asset performance. Keep abreast of industry/market developments and customer‑specific events; consult with the Business and Underwriting on any action plans per policies (e.g., transaction classification changes)
• Monitor the ongoing compliance of assigned deals with the documented financing terms and conditions, portfolio performance and financial triggers with the aim of identifying and mitigating credit risks. Assist with classification and risk rating processes, decisions and monitoring
• Monitor projects under development, including oversight of construction progress, budget tracking, draw reviews, execution risks, risk ratings, and annual reviews through completion and stabilization.
• Prepare annual credit approval and quarterly memos in a timely manner
• Assist with stress testing, concentration analysis, audits, risk ratings, and credit policy initiatives
• Maintain audit‑ready credit files in line with WCR policies

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

• 6+ years of experience in credit analysis, portfolio management, underwriting, or structuring at a financial institution, rating agency, financial guarantor, or asset management firm
• Strong Microsoft Office skills. Modelling experience is a plus
• Strong attention to detail – Analyst will have responsibility for due diligence and documentation of transactions to ensure that all risk, business and policy points are covered
• Oral and written communications skills enabling him or her to effectively interact with internal and external constituents of all levels
• Team player with strong work ethic who also works well with others at all levels
• Strong organizational skills with ability and willingness to work under pressure and manages time and priorities effectively
• The ability to work independently to meet tight deadlines and initiate ideas with other members of the SCREU team and Independent Risk to mitigate risk.
• Real estate or structured credit experience preferred

Education:

• MBA or CFA or CA

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, Credible Challenge, Financial Analysis, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.

Other Relevant Skills

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

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.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View Citi’s EEO Policy Statement and the Know Your Rights poster.