Commercial Lending Management Head India - Director

Citigroup Inc.; Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

Citigroup Inc. in Mumbai, India, is seeking an experienced CLM Head India / C15 Underwriter to lead underwriting, closing, and credit decisions for the Commercial banking portfolio.

You will manage country underwriting teams, review due diligence, prepare committee packages, and ensure regulatory compliance while delivering credit solutions to clients. The role requires 15+ years of credit risk experience with 8-10 years in management, strong Excel skills, and ability to travel across India.

Qualifications

• 15+ years of experience in credit risk with leadership roles
• Excellent communication and organizational skills
• Strong Excel and Microsoft Office proficiency
• Experience underwriting commercial loans incl. real estate

Responsibilities

• Underwrite, close, and lead credit transactions for the Commercial banking portfolio in India
• Review due diligence and prepare committee packages for approvals
• Ensure regulatory compliance and manage cross-functional communications
• Travel across India to meet clients and conduct inspections

Skills

Analytical Thinking

Credible Challenge

Financial Analysis

Risk Management

Education

Bachelor's/University degree, Master's degree preferred

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 CLM Head India / C15 Underwriter role is responsible for underwriting, closing, and leading credit transactions for the Commercial banking portfolio of India and leading the country underwriting teams. The role takes full responsibility for the growth and health of the CCB credit portfolio and works closely with the banking partners in CCB Head to meet business objectives.

In this role, you’re expected to:

• Create written and oral work products to test the financial feasibility and credit worthiness of loan forwards, permanent loans, and permanent loan conversions.
• Review due diligence and prepare internal committee packages for approval, as well as, credit submissions required for the sale of the loans to Bond Investors and for Rating Agencies.
• Process transactions through internal systems to ensure regulatory requirements.
• Manage communications among a diverse mix of internal and external participants.
• Understand and analyze different commercial banking environment in India.
• Travel to markets throughout the India to conduct site inspections, meet with internal and external clients, and participate in training opportunities.
• Conduct analysis on firm special projects as needed.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

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

• 15+ years of experience, including 8-10+ years' managerial experience
• Individual must have excellent communication, organizational and interpersonal skills.
• Individual must work well under tight deadlines, manage priorities, and complete assigned tasks with minimal management follow up.
• Candidate has quantitative skills with a high proficiency with Excel and other Microsoft based programs.
• Minimum of 8 years in loan underwriting or equivalent experience.
• Excellent analytical and computer skills including the ability to quickly adopt new technology.

Additional non-core qualifications which will be considered are:

• The individual should have established working knowledge of lending Underwriting Guides and be familiar with the processes of Rating Agencies.
• The successful candidate will be comfortable analyzing real estate projects for financial feasibility as well as analyzing property and market risk factors. This person will be well versed in commercial real estate concepts such as NOI, Cap Rates, debt service coverage, etc.
• The individual will have the tact and composure to be client focused while also managing internal and external relationships. A successful Underwriter will take ownership while maintaining attention to details and working independently or among team members.
• This person will have the ability to comprehend, and summarize legal documents collected in the due diligence process.
• Working knowledge of the nuances of loan transactions will be very highly weighted in favor of the successful candidate.
• Ability to travel (20% of time) on short notice necessary.

Education:

• Bachelor's/University degree, Master's degree preferred.

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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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

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

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