AVP, Credit Underwriter, Wealth Credit Management (WCM)

Citi; New York (NY); On-site; USD 115,000 - 178,000; Full time

Job summary

Citi is hiring an AVP, Credit Underwriter (Internal Job Title: Underwriter - C12) in Hong Kong. The role focuses on full credit underwriting for Citi Global Wealth lending, with responsibility for analyzing collateral types such as investment portfolios, CRE, aircraft, and art collections.

Strong risk management and communication skills are essential. The successful candidate will join Wealth Credit Management, contributing to risk assessment and portfolio monitoring while ensuring compliance

Qualifications

• 6-10 years of relevant banking experience.
• Strong analytical, financial structuring, and execution skills.
• Experience as a credit officer or underwriter.
• Strong knowledge of Citi policies and credit policies.
• Knowledge of derivatives and structured products and their impact on credit risk.
• Experience analyzing complex investment portfolios and incorporating derivative exposures into underwriting.

Responsibilities

• Perform full credit underwriting with risk-return characteristics according to Citi standards.
• Prepare Credit Applications and ensure information accuracy.
• Conduct financial analysis including cash flow modeling.
• Evaluate collateral including portfolios, CRE, aircraft, art collections, and other assets.
• Prepare and negotiate credit documentation and review facility covenants.
• Assist in Portfolio Management activities including annual reviews and covenant monitoring.
• Identify emerging credit issues and assist with remedial management.

Skills

Credit analysis

Financial statement analysis

Cash flow modeling

Derivatives knowledge

Credit underwriting

Risk management

Stakeholder management

Analytical thinking

Communication skills

Problem solving

Education

Bachelor's degree

Master's degree preferred

Tools

Internal risk systems

Job description

AVP, Credit Underwriter, Wealth Credit Management (WCM)

Job Req Id:

261000355

Location(s):

Hong Kong, Central and Western District, Hong Kong SAR

Job Type:

On-Site/Resident

Posted:

Oct. 19, 2026

Discover your future at Citi

Working at Citi is far more than just a job. A career with us means joining a team of approximately 219,000 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.

Job Overview

At Citi, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or institutions – to help them meet their biggest opportunities and face the world's toughest challenges.

Shape your Career with Citi

We’re currently looking for a high caliber professional to join our team as AVP, Credit Underwriter (Internal Job Title: Underwriter - C12) based in Hong Kong. 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. For instance:

• 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.

Citi Global Wealth (CGW) is a Division of Citi focused on serving the needs of clients across the entire wealth spectrum. It delivers a wide range of products and services covering capital markets, managed investments, portfolio management, trust and estate planning, investment finance and banking. By building on the strengths and capabilities across Citi, we intend to transform the way we serve clients across the wealth spectrum, delivering the full range of high-tech and high-touch capabilities Citi can offer, and ultimately help them achieve their goals.

The Lending business of Wealth offers a diverse product range including Securities Backed Lending (SBL), Commercial Real Estate (CRE), Aircraft, Art-backed Finance as well as tailored solutions for target market clients of the Private Bank. Wealth Credit Management (WCM) is a critical component of the First Line of Defense for credit risk management and works within the business with Independent Risk partners to ensure best-in‑class risk and controls, while maintaining client responsiveness.

In this role, you’re expected to:

Key responsibilities of the group include credit analysis, documentation, risk identification, exposure monitoring and associated administration of Citi Global Wealth lending activities. Within WCM, the Wealth Credit Management Underwriter manages a portfolio of clients with lending requirements. The lending is typically fully collateralized against investment portfolios, Commercial Real Estate, Aircraft, Art Collections, or Illiquid Listed Stocks.

Responsibilities:

• This is a First Line of Defense role that partners closely with Lending Advisors, Client Management teams, and Independent Risk to deliver sound credit decisions and effective portfolio risk management.
• Assist Lending Advisors with preparing Credit Greenlight Memos, where applicable.
• Perform full credit underwriting with appropriate risk-return characteristics in accordance with Citi's Credit and Product Standards, policies, and procedures.
• Prepare Credit Applications, ensuring accuracy and completeness of information and analysis.
• Conduct financial analysis, including cash flow assessment and modeling.
• Evaluate collateral including investment portfolios, commercial real estate, art collections, aircraft, and other asset classes.
• Prepare and negotiate credit documentation for facilities, including liaison with internal and external legal counsel as required, and undertake annual documentation reviews.
• Prepare and review facility covenants.
• Assist in Portfolio Management activities, including Annual Credit Reviews, covenant monitoring, compliance monitoring, waivers, extensions, and related system maintenance in partnership with Data Management Teams.
• Identify emerging credit issues and assist with classified loan and remedial management activities.
• Assess and analyze derivative and structured product exposures within client portfolios, evaluating associated market, liquidity, counterparty, and collateral risks as part of the overall credit underwriting and portfolio management process.
• Incorporate derivative and structured product positions into credit assessments, collateral evaluations, and ongoing portfolio monitoring to ensure risks are appropriately identified, measured, and managed.
• Appropriately assess risk when business decisions are made, demonstrating 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:

• 6-10 years of relevant banking experience.
• Strong and proven analytical, financial structuring, and execution skills.
• Experience as a credit officer or underwriter.
• Strong knowledge of Citibank's Credit Policies, Product Programs, and Citi Policies.
• In-depth knowledge and understanding of financial analysis, including financial statement analysis and cash flow modeling.
• Strong knowledge of derivatives and structured products, including options, futures, forwards, swaps, structured notes, and other complex investment instruments, with the ability to assess their impact on credit risk, leverage, liquidity, and portfolio concentration.
• Experience analyzing complex investment portfolios and incorporating derivative exposures into credit underwriting, risk assessment, and portfolio monitoring.
• Excellent written and verbal communication skills.
• Strong interpersonal and stakeholder management skills.
• Good negotiation skills.
• Strong initiative and an interactive approach to problem-solving.
• Demonstrated flexibility and independence in a demanding environment.
• Team player.

Education:

• Bachelor's/University degree required.
• Master's degree preferred.

Working at Citi is far more than just a job. A career with us means joining a family of 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.

https://jobs.citi.com/dei

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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