Credit Risk Researcher, Vice President

Citi; Mumbai; Hybrid; INR 7,000,000 - 11,000,000; Full time

Job summary

Citi in Mumbai seeks a Vice President in Credit Risk Research to lead high-impact analysis across wholesale and retail portfolios. The role informs senior leadership, shapes risk governance, and applies deep credit expertise to strategic decisions.

The ideal candidate has a strong track record in credit risk research, 8+ years in financial services, and the ability to translate complex analytics into clear insight for executive audiences while guiding governance frameworks.

Qualifications

• Hold a bachelor's degree in economics, finance, statistics, or a related quantitative field.
• Bring 8+ years of experience in financial services and analytics, with deep expertise in wholesale or retail credit risk research or a closely related discipline.
• Apply strong quantitative and qualitative analytical skills to develop and enhance credit risk measurement methodologies.
• Interpret complex credit data to identify material risk themes and draw well-reasoned conclusions.
• Communicate nuanced credit risk findings clearly and confidently to senior and executive-level audiences, in writing and in person.
• Maintain familiarity with credit risk governance frameworks and the regulatory environment governing credit risk management in banking.
• Manage multiple research workstreams simultaneously, delivering rigorous, high-quality outputs within defined timelines.

Responsibilities

• Conduct in-depth credit risk research across wholesale and retail portfolios, producing assessments that equip senior leadership with well‑informed risk decisions.
• Develop and refine credit risk measurement methodologies, keeping Citi's approach to credit risk rigorous and aligned with evolving market conditions.
• Analyze credit portfolios to identify emerging risk concentrations, trends, and vulnerabilities, translating findings into clear risk mitigation recommendations.
• Monitor counterparty and sector-level credit risk trends to maintain an accurate, current view of Citi's credit exposures.
• Produce high-quality risk assessment reports and research outputs that communicate complex findings clearly to senior stakeholders.
• Present research conclusions to senior business and risk leaders, informing strategic credit risk decisions.
• Contribute to the development and refinement of credit risk governance frameworks, embedding research outputs into risk oversight processes.

Skills

Analytical Thinking

Credible Challenge

Data Analysis

Governance & Regulation

Policy & Procedure

Risk Management Lifecycle

Education

Bachelor's in quantitative field

Master's degree (beneficial)

Job description

As a Vice President in Credit Risk Research at Citi, you will conduct high-impact analysis across wholesale and retail portfolios that directly shapes how the firm identifies, measures, and manages credit exposure. This individual contributor role gives you the platform to inform senior leadership, influence governance frameworks, and apply deep credit risk expertise to decisions with firm‑wide consequences. If you can translate complex analysis into clear, actionable insight, this position offers the scope and visibility to make a lasting impact.

Responsibilities

• Conduct in-depth credit risk research across wholesale and retail portfolios, producing assessments that equip senior leadership with well‑informed risk decisions.
• Develop and refine credit risk measurement methodologies, keeping Citi's approach to credit risk rigorous and aligned with evolving market conditions.
• Analyze credit portfolios to identify emerging risk concentrations, trends, and vulnerabilities, translating findings into clear risk mitigation recommendations.
• Monitor counterparty and sector-level credit risk trends to maintain an accurate, current view of Citi's credit exposures.
• Produce high-quality risk assessment reports and research outputs that communicate complex findings clearly to senior stakeholders.
• Present research conclusions to senior business and risk leaders, informing strategic credit risk decisions.
• Contribute to the development and refinement of credit risk governance frameworks, embedding research outputs into risk oversight processes.

Required Qualifications & Skills

• Hold a bachelor's degree in economics, finance, statistics, or a related quantitative field.
• Bring 8+ years of experience in financial services and analytics, with deep expertise in wholesale or retail credit risk research or a closely related discipline.
• Apply strong quantitative and qualitative analytical skills to develop and enhance credit risk measurement methodologies.
• Interpret complex credit data to identify material risk themes and draw well‑reasoned conclusions.
• Communicate nuanced credit risk findings clearly and confidently to senior and executive‑level audiences, in writing and in person.
• Maintain familiarity with credit risk governance frameworks and the regulatory environment governing credit risk management in banking.
• Manage multiple research workstreams simultaneously, delivering rigorous, high‑quality outputs within defined timelines.

Beneficial Skills & Qualifications

• Hold an advanced degree, such as a Master's, in economics, finance, statistics, or a related quantitative field.

What We Offer

At Citi, Credit Risk Research Vice Presidents work at the center of one of the world's most significant financial institutions, with direct access to complex, high‑stakes analysis and the leadership teams who act on it.

• Work in a hybrid model with 3 days in the office and 2 days working remotely, balancing structure with flexibility.
• Gain direct exposure to senior risk and business leadership, with your research informing decisions at the highest levels of the firm.
• Influence credit risk governance frameworks that shape Citi's wholesale and retail portfolio strategy.
• Build your career through Citi's global network of risk professionals and ongoing learning opportunities in credit risk.
• Thrive in a performance‑driven environment that recognizes intellectual contribution, accountability, and high‑quality analytical work.
• Access comprehensive wellbeing support and resources designed to support work‑life balance.

Join Citi as a Vice President in Credit Risk Research and apply your expertise where it shapes the credit risk intelligence guiding one of the world's leading financial institutions.

Job Family Group

Risk Management

Job Family

Model Development and Analytics

Time Type

Full time

Most Relevant Skills

Analytical Thinking, Credible Challenge, Data 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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