VP/AVP - Structured Credit (ABS) Underwriter

Citi; New York (NY); Hybrid; USD 120,000 - 160,000; Full time

Job summary

Citi is seeking a VP/AVP - Structured Credit (ABS) Underwriter in New York. This internal position requires a high caliber professional with at least 6 years of experience in credit or portfolio management, preferably in asset-backed securities.

The successful candidate will analyze portfolios, support credit decisions, and maintain compliance with internal policies. Strong analytical, organizational, and communication skills are essential for interacting with various stakeholders.

This hybrid role offers a chance to contribute to critical asset securitization transactions.

Qualifications

• 6+ years of credit, portfolio management or product experience in a financial institution.
• Strong attention to detail in reviewing legal documents and credit agreements.
• Ability to filter, prioritize and validate complex material.

Responsibilities

• Ensure strong analysis of the assigned portfolio.
• Assist analysts and associates in monitoring the portfolio.
• Interface with bankers to support credit extension requests.

Skills

Analytical skills

Organizational skills

Attention to detail

Pro-active disposition

Creative thinking

Education

University degree or equivalent experience

Tools

Microsoft Office

Cashflow Modelling

Job description

VP/AVP - Structured Credit (ABS) Underwriter

Job Req Id: 26973180

Location(s): Mumbai, Maharashtra, India

Job Type: Hybrid

Posted: Jun. 18, 2026

Job Overview

We’re currently looking for a high caliber professional to join our team as VP/AVP - Structured Credit (ABS) Underwriter (Internal Job Title: Credit Officer - C13 or C12) based in Mumbai, India. The VP/AVP position will hold a key 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 Asset Backed Securities (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.

Responsibilities

• Accountability for ensuring strong analysis of the assigned portfolio ensuring consistencies with industry leading practices and compliance with all internal risk policies, standards and procedures.
• Assist analysts and associates to perform periodic monitoring of the portfolio.
• Interface with and support bankers in underwriting requests for credit extensions of ABS facilities for new and existing clients with ownership responsibilities for sound credit decisions.
• Participate in due diligence and prepare a detailed written credit memo for periodic monitoring including annual reviews and quarterly memos 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.
• Provide backup support to Credit Underwriting Group Manager, lead projects and initiatives and mentor lower-level Credit Officers as needed.
• 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.
• Analyse periodic data & report for any discrepancy in the data.
• Collect, organize and analyse data from internal and external sources.
• Enhance efficiency through automation & technical skills.
• Maintain regular and open communication with internal as well as external team members on various tasks.
• Understand the domain and implement quick fix solutions to align the development activities with dynamic business needs.
• Stay abreast with the latest developments in the structured finance market and understand on their potential impact.

Qualification and Experience

• University degree or equivalent experience.
• 6+ years of credit, portfolio management or product experience (preferably in ABS) in a financial institution, rating agency, financial guarantor or asset management firm.
• Requires good analytical skills in order to filter, prioritize and validate potentially complex material from multiple sources.
• Knowledge of wholesale loan (syndicated / bilateral) product and business, including an understanding of legal loan documentation, loan / funding mechanics, deal structure, funds flows, etc.
• 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.
• 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. Cashflow Modelling experience is a plus.

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.

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