Corporate Credit Underwriting - Officer

Citi; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A leading global bank in Mumbai is looking for a Credit Risk Associate. In this role, you will conduct credit assessments for complex clients, engage in continuous portfolio monitoring, and perform detailed credit analysis. You should possess strong analytical skills, 3-5 years of relevant experience, and a Bachelor's degree or equivalent. This position requires effective communication and interpersonal skills, as well as the ability to influence key stakeholders. Join us to make a significant impact in the field of credit risk management.

Qualifications

• 3-5 years of credit experience in Banking or Credit Risk Management.
• Strong knowledge of Wholesale Credit Processes.
• Ability to execute change seamlessly.

Responsibilities

• Assess credit strength of large corporate clients.
• Complete Credit Analysis Write-up Memos.
• Monitor portfolio and escalate credit issues.

Skills

Financial services experience

Credit analysis

Analytical skills

Interpersonal skills

Organizational skills

Clear communication

Education

Bachelor's degree or equivalent experience

Tools

Citi's systems

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 is an integral part of the Institutional Credit Management (“ICM”) organization. The ICM-UW’s mandate is to deliver best‑in‑class credit risk analysis, monitoring and credit administration as a partner to ICG Risk and Banking, Capital Markets and Advisory’s (BCMA) shared commitment to ensuring the safety and soundness of wholesale lending.

Credit Risk Associates are responsible for a portfolio of Risk Relationships, owning the Credit Risk Analysis for those relationships, and being responsible for the continuous monitoring of that portfolio. That includes the production of Annual Reviews, Quarterly Reviews, and the support to Ad‑Hoc Transactions and 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‑up Memos and Final Obligor Risk Ratings of Citi’s Counterparties based on independent assessment and judgement completed on the due diligence of the client and industry knowledge to provide appropriate extensions of credit remaining within Risk appetite
• Continuous monitoring of the covered portfolio, including following industry trends, impacts to key relationships, and escalation of potential credit issues to Credit Risk Team Leads, ICG Risk and BCMA partners
• Reviewing and providing recommendation on the risk raking across this sector
• Partnership with applicable regional and industry stakeholders in BCMA and Independent Risk in the implementation of credit assessment and monitoring standards for applicable portfolios
• Support Risk Analysis Voice of the Employee (VOE) initiatives
• Travel (less than 10%)

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

• Demonstratable financial services experience, including 3-5 years of credit experience in Banking, Credit Risk Management or equivalent credit experience
• Strong knowledge of Wholesale Credit Processes and organizational awareness including UW functions, covered portfolios, and processes
• Sound understanding of policies and procedures with the ability to execute change seamlessly
• Well‑developed analytical skills, including an understanding of key financial components (liquidity position, leverage profile with the ability to form independent opinions on credit and recognize emerging risks)
• Solid and thorough knowledge of Citi´s systems
• Experience in preparing presentations for seniors
• Full awareness and adherence to the control environment including Quality Assurance and Quality Control
• Assists colleagues in identifying stretch opportunities to elevate individual and team performance
• Coach and mentor analysts to develop team strengths and improve weaknesses
• Proven culture carrier
• Well‑developed interpersonal skills, with the ability to build relationships and exert influence with and without direct authority
• Strong organizational skills with ability and willingness to work under pressure and manages time and priorities effectively
• Clear written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority

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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