VP - Real Estate & Structured Credit Underwriting (CF, CLO and ABS)

Citi Group; Mumbai; Presencial; INR 6.000.000 - 9.000.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Parental Leave

Well-being programs

Learning & Development

Volunteer opportunities

Descripción de la vacante

Citi in Mumbai is seeking a VP - Real Estate & Structured Credit Underwriting to lead portfolio risk assessment across CF/CLO/ABS assets. You will review complex credit structures, drive underwriting standards, and collaborate with Origination and Risk teams to ensure compliant, high-quality decisions.

You are expected to bring 8+ years in securitization or related credit roles, strong financial modelling skills, and a proven ability to manage multiple priorities in a fast-paced global bank

Formación

• Advanced degree in finance or related field.
• Strong analytical and problem-solving abilities.
• Excellent written and verbal communication in English.

Responsabilidades

• Manage securitization portfolios across CF/CLO/ABS including various loan types.
• Ensure high-quality credit analysis, timely delivery and governance with risk teams.
• Maintain consistent underwriting processes across CF/CLO portfolio.
• Oversee complex credit approvals and annual reviews with accuracy and due diligence.
• Interface with bankers to underwrite credit extensions for new/existing clients.
• Ensure organized credit files and compliance with internal policies.

Conocimientos

Credit risk analysis

Portfolio management

Securitization

Financial modeling

Regulatory compliance

Communication skills

Educación

Post Graduation / MBA / CA or equivalent

Herramientas

Microsoft Office

Descripción del empleo

Shape your Career with Citi

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Position

We’re currently looking for a high caliber professional to join our team as VP - Real Estate & Structured Credit Underwriting (CF, CLO and ABS) (Internal Job Title: Underwriter- C13) based in Mumbai, India. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future.

Benefits and Well‑being

• 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.

Job Overview

The VP position will hold a strategic role within the Real Estate & Structured Credit Underwriting (RESCU) team administering portfolio of asset securitization transactions. Underwriter should be strategic professional who stays abreast of developments within own field and contributes to directional credit strategies by considering their application in the underwriting of private credit transactions and the credit financing business. The role pertains to Global Credit Financing (CF) / Collateralized Loan Obligations (CLO)/ Asset Back lending (ABS)related credit facilities and requires extensive product knowledge, deep corporate credit expertise, sharp commercial acumen, and ability to review/assess legal documents thoughtfully. The role impacts the overall effectiveness of the ICM Organization and requires good judgement and ongoing discretion in all business situations. The Underwriter must be able to manage complex deliverables, heavy volumes and tight timelines while remaining focused on internal policy and regulatory compliance. Contribution will also involve counsel related to the optimization of technology or efficiency of operations related to the business.

Key Responsibilities

• Manage a diverse portfolio of securitization transactions for CF/CLO/ABS asset class, including Middle Market Loans (MML), Broadly Syndicated Loans (BSL), Private Credit & Leveraged Loans, Direct Lending, etc across NAM and EMEA
• Ensure high-quality credit analysis, timely delivery and strong governance while collaborating closely with Origination and Independent Risk teams
• Maintain ownership of strong and consistent credit underwriting process across the CF / CLO portfolio
• Have Good understanding of cashflow modelling & various complex structures falling under CF / CLO universe
• Have Accountability for ensuring strong analysis of the assigned CF / CLO portfolio ensuring consistencies with industry leading practices and compliance with all internal risk policies, standards and procedures
• Lead periodic portfolio monitoring & conducting comprehensive credit reviews to ensure ongoing compliance thereby proactively managing emerging credit risks along with guiding team members
• Partner with bankers on underwriting commercial credit extensions for new and existing clients, ensuring compliance with internal credit risk policies, procedures and regulatory standards
• Participate in due diligence and prepare a detailed written credit memo for periodic monitoring including annual reviews on existing transaction that includes detailed analysis of the business terms, structural elements, strengths and prevailing risk factors, asset types, and compliance with internal underwriting guidelines in rendering a final credit recommendation to Risk
• Oversee complex credit approvals, assigned ratings and annual reviews with focus on accuracy, completeness and consistency of credit memos
• Interface with and support bankers in underwriting requests for credit extensions of CF / CLO facilities for new and existing clients with ownership responsibilities for sound credit decisions
• Ensure maintenance of organized credit files for credit, regulatory and compliance purposes and ensuring compliance with Citibank Wholesale Credit Risk (WCR) policies and processes
• Analyse the credit risk by performing tasks that includes reviewing deal documents & legal documentation
• Maintain regular and open communication with internal as well as external team members on various tasks
• Stay abreast with the latest developments in the structured finance market and understand on their potential impact
• Enhance efficiency through automation & technical skills

Required Experience & Skills

• Post Graduation / MBA / CA or equivalent
• 8+ years of credit, portfolio management or product experience (primarily in securitization) in a financial institution, rating agency or asset management firm
• Excellent organizational skills, prioritizing capabilities, attention to detail, and the ability to complete assignments within required deadlines in a fast-paced environment
• Pro-active disposition with ability to work autonomously and within a team
• Dealing with complex and variable issues with substantial potential impact where development of an approach /taking
• Requires good analytical skills to filter, prioritize and validate potentially complex material from multiple sources
• Creative thinker who is adept at taking an analytical approach to problem solving
• Strong attention to detail – the candidate will have responsibility for reviewing credit agreements / legal documents to ensure that all risk and business points are covered
• Excellent oral and written communications skills enabling the candidate to effectively interact with internal and external constituents of all levels
• Strong Microsoft Office skills. Technical skills would be advantageous

More About Citi

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Working Environment

Office setting, minimal travel required.

Effort

Minimal physical effort required.

Job Metadata

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.

Equal Opportunity and Disability Accommodation

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 review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.