Credit Analyst - MUMBAI

Citigroup; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Citi is seeking an Analyst for the RESCU team to support underwriting and risk management of a real estate portfolio, with exposure to construction financing, guarantor analysis, and permanent financing in North America.

You will work with the underwriting and asset management teams, review financial statements, monitor compliance, and assist with risk evaluation and policy initiatives. The role requires strong analytical and communication skills.

Qualifications

• 3–6 years in credit, portfolio management or structuring at a financial institution.
• Strong MS Office skills; modelling experience is a plus.
• Attention to detail with due diligence and transaction documentation.
• Excellent oral and written communication across levels.
• Real estate or structured credit experience preferred.

Responsibilities

• Coordinate with underwriting team and asset manager to ensure timely information flow.
• Review property-level financials and borrower statements to identify deteriorating trends.
• Monitor compliance with financing terms, performance, and risk triggers.
• Oversee development projects: budget tracking, draw reviews, and risk ratings.
• Prepare annual credit approvals and quarterly memos.
• Assist with stress testing, concentration analysis, audits, and policy initiatives.
• Maintain audit-ready credit files per WCR policies.

Skills

Analytical Thinking

Financial Analysis

Risk Management

Governance

Policy & Regulation

Credit Risk

Education

MBA or CFA or CA

Tools

Microsoft Office

Modelling

Job description

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.

Analyst Role and Responsibilities

• 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

Qualification and Experience

• 3 to 6 years of credit, portfolio management or structuring experience in a financial institution, rating agency, financial guarantor, or asset management firm; structured credit/securitization experience is a plus
• 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 RESCU team and Independent Risk to mitigate risk.
• Real estate or structured credit experience preferred

Education

MBA or CFA or CA

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.

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