Remedial Management, Vice President

Citigroup; Mumbai; On-site; INR 4,000,000 - 6,500,000; Full time

Job summary

Citigroup in Mumbai is seeking a Remedial Management, Vice President to provide independent valuation and financial analysis for distressed exposures. The role supports restructuring, recovery, refinancing, enforcement, and exit strategies by assessing collateral value, businesses, and loan cash flows.

Work closely with Special Assets Transactors and governance committees to optimize recovery outcomes while ensuring risk framework compliance.

Qualifications

• 8-13 years of experience in credit analysis, corporate restructuring, distressed debt, special assets, or banking.
• Ability to analyze financial statements, business plans, and cash flows across diverse sectors.
• Hands-on experience with corporate valuation.

Responsibilities

• Conduct valuations of distressed assets including corporate entities and collateral.
• Develop and maintain financial models (DCF, liquidation, market-based).
• Perform scenario analysis and stress testing for recovery prospects.
• Evaluate borrower plans and cash flows to determine viability and repayment capacity.
• Prepare valuation reports for committees and regulatory reviews.

Skills

Credit Analysis

Portfolio Management

Financial Modeling

Valuation

Stress Testing

Stakeholder Management

Tools

DCF modeling

Job description

Citi's Risk Management organization oversees risk-taking activities and assesses risks and issues independently of the front-line units. We establish and maintain the enterprise risk management framework that ensures the ability to consistently identify, measure, monitor, control and report material aggregate risks.

We're currently looking for a high caliber professional to join our team as Remedial Management, Vice President (Internal Job Title: Remedial Management, Vice President(C13)) based in Mumbai, India.

Employee Well‑Being & Benefits

• 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.

Role Overview – Special Assets Valuations Senior Analyst (VP)

The Special Assets Valuations Senior Analyst (VP) is responsible for providing independent valuation and financial analysis support for the Bank's portfolio of stressed and distressed exposures. The role supports strategic decision‑making related to restructuring, recovery, refinancing, enforcement, and exit strategies by assessing the value of underlying collateral, businesses, and loan cash flows.

Working closely with Special Assets Transactors, Internal / External stakeholder, the senior analyst will independently evaluate complex credit situations and provide recommendations that optimize recovery outcomes while ensuring compliance with the Bank's risk management framework.

Key Responsibilities

• Credit Analysis & Portfolio Management
  • Conduct detailed valuations of distressed assets, including corporate entities, commercial real estate, and other forms of collateral supporting non‑performing loans.
  • Develop and maintain financial models using discounted cash flow (DCF), liquidation, and market‑based valuation methodologies.
  • Perform scenario analysis and stress testing to assess recovery prospects under various restructuring and enforcement strategies.
  • Evaluate borrower business plans, cash flow forecasts, and turnaround strategies to determine viability and repayment capacity.
  • Analyze financial statements, management accounts, and industry trends to identify key valuation drivers and risks.
• Credit Recovery and Remedial Management Support
  • Assess collateral coverage, recovery values, and potential loss estimates to support provisioning and impairment decisions.
  • Prepare valuation reports and recommendations for internal credit committees, senior management, and regulatory reviews.
  • Closely monitor performance of portfolio accounts and identify changes in collateral values or borrower circumstances that may impact recovery outcomes.
  • Assist with enforcement strategies, asset disposals, and insolvency proceedings, where required.
  • Contribute to the development of new analytical techniques, workflow enhancements, and process improvements within the Remedial Management function.
• Stakeholder Management & Governance
  • Liaise with SA transactors, Credit Risk Managers, Legal, and Finance teams to ensure a coordinated approach to problem‑credit management.
  • Present valuation findings and recovery recommendations to senior stakeholders and governance committees.
  • Ensure all valuations comply with the Bank's internal policies, regulatory standards, and accounting requirements.
  • Maintain comprehensive documentation supporting valuation assumptions, methodologies, and recommendations.
  • Support on ad hoc projects and take on initiatives to streamline and enhance the VCAT BAU processes and valuation framework.
  • Independently support internal audits, regulatory reviews, and model validation exercises.

Candidate Profile

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

• Experience: 8-13 years of relevant experience in credit analysis, corporate restructuring, distressed debt, special assets, or corporate/investment banking.
• Ability to analyze and evaluate financial statements, corporate business plans, and cash flows across a diverse range of industrial sectors.
• Hands‑on experience with corporate valuation