Credit Risk Securitization - Vice President

Citi; Mumbai; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

Citi is seeking an experienced Underwriter in Mumbai to support credit decisions for Real Estate. The role requires deep understanding of credit risk and rating methodologies, with emphasis on financial analysis and regulatory compliance.

You will collaborate with Senior Underwriters and risk teams to ensure robust CAM documentation and risk assessment. The position emphasizes rigorous analysis, timely decision-making, and adherence to Citi policies.

Qualifications

• Bachelor’s or university degree required; Master’s preferred.
• Strong analytical and risk assessment capabilities are essential.
• Experience with rating methodologies and credit risk is needed.

Responsibilities

• Ensure CAM packages are complete, accurate and well-documented.
• Support Senior Underwriters in credit decisions, risk ratings and classifications.
• Perform in-depth analyses of financial data and client information.
• Conduct projection modeling, stress testing and other analyses from diverse sources.
• Assess deal strengths, weaknesses and risk factors.
• Ensure transactions comply with regulatory Citi guidelines and internal policies.
• Monitor credit relationships including ARs/QRs/CCRs and alert on deteriorations.
• Assist during internal audits and regulatory exam responses.

Skills

Analytical Thinking

Financial Analysis

Risk Management

Written & Verbal Communication

Governance

Education

Bachelor’s degree

Master’s degree preferred

Job description

The Underwriter is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.

• Ensure Credit Approval Memo (CAM) packages are complete, accurate and thoroughly documented.
• Support Senior Underwriters in making recommendations/credit decisions, including risk ratings and regulatory classifications.
• Conduct in-depth analyses of financial data and other information provided by clients.
• Conduct projection modeling, stress testing and other analyses using research and evaluations from a wide variety of sources.
• Assess deal strengths, weaknesses and risk factors.
• Ensure all transactions are follow regulatory and Citi guidelines, policies and procedures.
• Remain current on all aspects of the credit relationship, including exposure, compliance, and potential credit concerns.
• Oversee periodic relationship credit monitoring including Annual Reviews (ARs), Quarterly Reviews (QRs), and Criticized Credit Reviews (CCRs).
• Inform bankers of any deterioration in operating performance based on financial reporting.
• Support Senior Underwriters during internal audits and external regulatory exam responses.
• Conversant on safe and sound risk practices within Real Estate Credit including all policies, procedures, laws, regulations and risk limits specific to their Portfolio.

Qualifications

• 8-10 years relevant experience.
• Previous experience working at a rating agency underwriting Residential Real Estate or credit risk in the financial services industry.
• Strong familiarity with rating agency methodologies, preferably in securitizations and non-bank financial institutions.
• Ability to apply credit and risk principles toward business goals.
• Demonstrated ability to synthesize, prioritize and drive results with a high sense of urgency.
• Highly organized and able to work in a fast-paced environment managing multiple projects and possess effective interpersonal, organizational and analytic skills.
• Solid organizational skills with ability and willingness to work under pressure and manage time and priorities effectively with little to no supervision.
• Highly effective 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, 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.

• Working Environment: office setting, minimal travel may be required.
• Effort: minimal physical effort required.

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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