Citi Community Capital - Real Estate Underwriting - Officer

Citi; Mumbai; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Citi is seeking an Analyst to support the Structured Credit and Real Estate Underwriting team.

You will work across the credit lifecycle, reviewing financials, monitoring risk, and preparing memos. 1–3 years in a financial institution is desirable, with strong MS Office and potential modeling experience.

Qualifications

• Bachelor’s degree or equivalent; MBA/CFA/CA preferred.
• 1–3 years in credit, portfolio management, or structuring in financial institutions.
• Strong MS Office skills; modeling experience is a plus.
• Ability to work under pressure, manage priorities, and meet deadlines.

Responsibilities

• Support underwriting with timely information flow among stakeholders.
• Review property-level and borrower financial statements; identify trends.
• Monitor compliance with financing terms and risk triggers.
• Assist with stress testing, risk ratings, and audits.
• Prepare annual credit approvals and quarterly memos; maintain files.

Skills

Analytical thinking

Financial analysis

Governance

Policy & procedure

Risk management lifecycle

Microsoft Office

Modeling

Education

Bachelor’s degree

MBA or CFA or CA

Tools

Microsoft Office

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.

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.
• 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:

• 1 to 3 years of credit, portfolio management or structuring experience in a financial institution, rating agency, financial guarantor, or asset management firm
• Strong Microsoft Office skills. Modelling experience is a plus
  • 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:

• Bachelor’s/University degree or equivalent experience
• MBA or CFA or CA preferred

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.

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