ICG Risk Analysis (IRAU) Credit Risk Analyst

Citi; Mumbai; On-site; INR 600,000 - 800,000; Full time

Job summary

A global financial services firm is looking for a Credit Risk Analyst to join their team in Mumbai, India. The successful candidate will monitor, assess, and analyze credit risks associated with business and personal financial statements. Responsibilities include ensuring compliance with GAAP, performing quality assurance reviews, and collaborating with Credit Officers. This role demands strong analytical skills and extensive knowledge of financial products, making it ideal for professionals eager to build their credit analysis career. Suitable candidates should hold a Bachelor's degree or equivalent experience.

Qualifications

• 0-2 years of experience in a financial institution focused on credit analysis.
• Extensive knowledge of GAAP accounting and financial regulations.
• Ability to analyze financial statements as per Citibank policies.

Responsibilities

• Spread financial statements and tax returns in accordance with GAAP.
• Ensure accurate mapping of financial data for analysis.
• Cooperate with Credit Officers and analysts for loan pricing.
• Perform quality assurance reviews of application packages.

Skills

Analytical Thinking

Financial Analysis

Policy and Procedure

Risk Identification and Assessment

Education

Bachelor’s/University degree or equivalent experience

Tools

GAAP accounting

credit analysis software

Job description

Join to apply for the ICG Risk Analysis (IRAU) Credit Risk Analyst role at Citi.

The Credit Analyst 1 is a developing professional role that applies specialty area knowledge in monitoring, assessing, analyzing, and/or evaluating processes and data. The role identifies policy gaps, formulates policies, interprets data, and makes recommendations. It researches and interprets factual information, identifies inconsistencies in data or results, defines business issues, and formulates recommendations on policies, procedures, or practices. The analyst integrates disciplinary knowledge within the specialty area with a basic understanding of related industry practices and has a good understanding of how the team interacts with others in accomplishing the objectives of the area. The role develops a working knowledge of industry practices and standards and has a limited but direct impact on the business through the quality of the tasks/services provided, with impact remaining within its own team.

Responsibilities

• Accurately spread business and personal financial statements and business and individual tax returns on a timely basis and in accordance with Generally Accepted Accounting Principles (GAAP) and Citibank policies.
• Ensure that financial data for simple to complex credits are mapped appropriately into the bank's matrix and analysis tool.
• Provide comments to the judgmental Underwriter on significant items in the financials and may be involved in credit structure and loan pricing. Additional responsibilities may include being a specialist for a designated industry and the effective interaction with Credit Officers and Relationship Managers while providing assistance regarding the analysis of the applications.
• Spread new, renewal and interim financial statements and business and individual tax returns in accordance with bank guidelines (focus on more complex financial statements i.e. Not‑For‑Profit).
• Provide succinct analysis based on customers, peers, the portfolio, and the industry.
• Provide preliminary analysis of simple to complex credits, including calculation of cash flow, debt service coverage, collateral coverage, and guarantor net worth.
• Coordinate with the Credit Officers, Credit Analysts, other Credit Center Staff and Relationship Managers.
• Act in an advisory role for the Credit Officers/Relationship Managers on loan agreement/covenants clarification and monitoring.
• Complete quality assurance reviews to ensure application packages and analysis are thorough and accurate prior to forwarding for underwriting.
• May act as an industry specialist with responsibility for SBA/EXIM loan analysis.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications

• 0-2 years prior experience in a financial institution with a focus on credit analysis and spreading software.
• Extensive knowledge of GAAP accounting, financial regulations, financial products, and credit analysis.
• Ability to analyze business and personal financial statements with respect to GAAP and Citibank policies.

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.

Equal Opportunity Employer: 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. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity, please review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.