Credit Analyst - Asset-Backed Securities (ABS)

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

Job summary

Citi in Mumbai is seeking a Credit Risk Analyst to join the Real Estate & Structured Credit Underwriting (RESCU) team. You will analyze asset securitization portfolios across ABS, including auto, credit card, and unsecured consumer loans, and support ongoing monitoring and documentation.

The role emphasizes analytical thinking, risk assessment, and collaboration with internal and external stakeholders. Hybrid work model with learning and career development opportunities at Citi.

Qualifications

• 1-3 years of credit, portfolio management or product experience (preferably in structured finance/securitization) in a financial institution.
• Knowledge of wholesale loan (syndicated / bilateral) product and business, including loan documentation and funds flows.
• Excellent organizational skills, prioritizing capabilities, attention to detail, and ability to meet deadlines in a fast-paced environment.
• Pro‑active disposition with ability to work autonomously and within a team.
• Strong analytical skills to review credit agreements and ensure risk coverage.

Responsibilities

• Ensure strong analysis of the assigned ABS portfolio with compliance to internal risk policies and procedures.
• Assist analysts and associates with periodic portfolio monitoring.
• Maintain organized credit files for credit, regulatory and compliance purposes.
• Analyse the credit risk by reviewing deal documents and legal documentation.
• Prepare credit approval memos analysing collateral risk and data.
• Collaborate with internal/external teams and enhance efficiency through automation.

Skills

Analytical Thinking

Financial Analysis

Risk Management

Communication Skills

Education

University degree

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.

Shape your Career with Citi

We’re currently looking for a high caliber professional to join our team as Credit Analyst - Asset-Backed Securities (ABS)– Hybrid (Internal Job Title: Credit Analyst 1- C10) 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 Credit Risk Analyst position will hold a role within the Real Estate & Structured Credit Underwriting (RESCU) team administering portfolio of asset securitization transactions across the Asset Backed Securities (ABS) class (including auto, credit card, unsecured consumer loans, etc). We are looking for solid individual contributor with good problem solving and analytical thinking in the ABS space. This role will provide unique opportunities for mastering in-depth collateral and deal analysis. The role impacts the overall effectiveness of the ICM Organization and requires good judgement and ongoing discretion in all business situations. Contribution will also involve counsel related to the optimization of technology or efficiency of operations related to the business.

In this role, you’re expected to:

• Accountability for ensuring strong analysis of the assigned portfolio ensuring consistencies with industry leading practices and compliance with all internal risk policies, standards and procedures.
• Assist analysts and associates to perform periodic monitoring of the portfolio.
• Ensure maintenance of organized credit files for credit, regulatory and compliance purposes and ensuring compliance with WCR policies and processes.
• Analyse the credit risk by performing tasks that includes reviewing deal documents & legal documentation.
• Prepare credit approval memos analysing the risk associated with the collateral quality.
• Analyse periodic data & report for any discrepancy in the data.
• Collect, organize and analyse data from internal and external sources.
• Enhance efficiency through automation & technical skills.
• Maintain regular and open communication with internal as well as external team members on various tasks.
• Understand the domain and implement quick fix solutions to align the development activities with dynamic business needs.
• Stay abreast with the latest developments in the structured finance market and understand on their potential impact.

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

• University degree or equivalent experience.
• 1-3 years of credit, portfolio management or product experience (preferably in structured finance/securitization) in a financial institution, rating agency, financial guarantor or asset management firm.
• Requires good analytical skills in order to filter, prioritize and validate potentially complex material from multiple sources.
• Knowledge of wholesale loan (syndicated / bilateral) product and business, including an understanding of legal loan documentation, loan / funding mechanics, deal structure, funds flows, etc.
• Excellent organizational skills, prioritizing capabilities, attention to detail, and the ability to complete assignments within required deadlines in a fast-paced environment.
• Pro‑active disposition with ability to work autonomously and within a team.
• Creative thinker who is adept at taking an analytical approach to problem solving.
• Strong attention to detail – the candidate will have responsibility for reviewing credit agreements / legal documents to ensure that all risk and business points are covered.
• Excellent oral and written communications skills enabling the candidate to effectively interact with internal and external constituents of all levels.
• Strong Microsoft Office skills. Modelling experience is a plus.

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

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.

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.

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