Underwriter - Senior Vice President

Citi; New York (NY); Hybrid; USD 150,000 - 200,000; Full time

Benefits offered by this job

Medical coverage

Parental leave

Competitive retirement contributions

Job summary

Citi is looking for a Senior Vice President, Underwriter, to join our team in New York. You will be responsible for credit analysis and monitoring for institutional clients. This hybrid role emphasizes client relationships and risk management.

The ideal candidate will have over 10 years of experience in risk credit work in banking, and a Bachelor's degree, with a preference for a Master's. Enjoy a competitive compensation package and opportunities for professional development.

Qualifications

• 10+ years of risk-related experience in banking or financial institutions.
• Strong ethics and integrity, able to make decisions under pressure.
• Excellent verbal and written communication, presentation, and active listening skills.

Responsibilities

• Manage a portfolio of relationships, providing continuous monitoring.
• Partner with Front Office on credit approval and transactions.
• Support ICM Underwriting on strategic initiatives and projects.

Skills

Risk Management

Client Relationship Management

Financial Analysis

Communication Skills

Education

Bachelor's degree or equivalent

Master's degree preferred

Job description

Underwriter - Senior Vice President

Job Req Id: 26946807

Location: Mumbai, Maharashtra, India

Job Type: Hybrid

Posted: Mar. 16, 2026

Job Overview

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 on where we live and work through volunteerism.

We’re currently looking for a high caliber professional to join our team as Senior Vice President, Underwriter (Hybrid) based in Mumbai, India.

Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a first line of defense business line, to house and consistently manage credit risk activities performed for Citi’s institutional clients. ICM’s objective is to provide integrated end-to-end credit underwriting, identification, measurement, management, and monitoring for wholesale credit across the enterprise.

Within ICM, the Credit Underwriting function (“ICM UW”) provides credit analysis, underwriting, and first line of defense credit approval for periodic/material transaction reviews, and any necessary subsequent credit monitoring across all institutional business including Corporate Banking, Services, and Markets relationships.

ICM Underwriters manage a portfolio of relationships across regions and industries, being responsible for the continuous monitoring of that portfolio. That includes the production of annual reviews, quarterly reviews, and the support of ad-hoc transactions and portfolio & industry reviews and stress testing, in partnership with Front Office business and Risk. This role reports to the direct manager title/role.

Key Responsibilities

• Executes, aligned with global and regional strategies, all responsibilities regarding underwriting, including but not limited to:
• Adoption of leading practices in credit analysis, underwriting, and monitoring, including the end-to-end underwriting process, from early origination discussions to development of credit approval memos, and senior approval forums.
• Detailed review of financial analysis, due diligence, projection modeling, stress testing, risk ratings and other in-depth analysis performed by junior resources.
• Review and approval of Credit Approval Memos (CAM) packages.
• Partner with Front Office on structuring and production of term sheet for new transactions.
• Facilitate relationships with key clients in Banking and Risk and with key Regulators, Internal Audit, and control functions.
• Support ICM Underwriting organization on strategic initiatives and projects as required.

Risk Management Experience

• Senior credit approval authority covering large and complex underwritings, capital commitments, derivatives with multi-industry experience.
• Experience in and exposure to global credit risk management standards.
• Ability to understand capital markets products and complex financing and product structures.
• Ability to provide strategic insights and strong sensitivity to macro and regulatory issues.
• Able to discuss and address issues associated with the allocation of risk assets and risk capital in partnership with banking and product organizations.

Client Relationships & Business Partnership

• Proven ability to understand nuances of local markets, local regulation, and the capabilities and practices of competitors.
• Navigate organizational complexity and break silos.
• Creates and sustains a network of strong partnerships with the business in all segments, geographies and other risk functions.
• Provides well-reasoned, balanced assessments of risk/return trade-offs associated with transactions and client relationships.
• Proven track record of partnering with global peers in leveraging and implementation of best practices.

Qualifications

• 10+ years risk or risk-related credit work experience in banking/financial institutions.
• Proven ability to effectively engage with regulators and internal control functions including Internal Audit and Fundamental Credit Risk as well as with external audit.
• Demonstrates strong ethics and integrity.
• Ability to see the ‘big picture’ in a complex environment.
• Can make decisions under pressure and short timeline.
• Excellent verbal and written communication skills. Active listening skills.
• Excellent presentation skills – adept at presenting effectively to audiences of various sizes and constituencies.
• Bachelor’s/University degree or equivalent, Master’s degree preferred.

What We Offer

• Opportunities to grow your career locally and collaborate with colleagues across Citi's global network.
• A hybrid working model that balances in-office collaboration with remote flexibility.
• Investment in your professional development through training programs, mentorship, and skill-building opportunities.
• Employee wellbeing support including medical coverage, mental health resources, parental leave, and family support programmes.
• Competitive retirement contributions and investment options to support your long-term financial goals.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Equal Employment Opportunity

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 is available.

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