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Institutional Credit Management - Underwriter – Assistant Vice President

India, Mumbai · Job Posted May 04, 2026
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Job Description

Institutional Credit Management (ICM) is a first line of defense function (1LOD) that houses and consistently manages credit risk activities performed for Citi’s institutional clients. Within ICM, the Credit Underwriting function provides credit analysis, underwriting, and first line of defense credit approval for periodic / material transaction reviews, and the subsequent credit monitoring across all institutional business including Banking, Services, and Markets relationships. Citi is seeking a highly qualified and motivated individual to join the ICM team as a Senior Underwriting Analyst (AVP). The Senior Underwriting Analyst (AVP) will be responsible for the comprehensive assessment and management of credit risk associated with Citi's Large Corporates portfolio. This role offers a unique opportunity to contribute to the prudent management of risk within a critical segment of the global economy.

Job Responsibility

  • Independently perform assigned responsibilities with some supervision and limited Underwriter oversight on credit memos
  • Maintain coverage of a medium-to-high complexity portfolio of obligors under the guidance of an Underwriter
  • Prepare Annual and Quarterly review memos to accurately and concisely analyze complex credits
  • Author medium to high complexity transaction memos
  • Propose internal credit ratings and classifications by applying internal models and analytical guidance accurately
  • Identify material changes in financial performance or other credit events and recommend appropriate actions, if needed, to Internal Risk Rating
  • Develop projection models and appropriately articulate projection model assumptions during Annual Reviews and, Transactions
  • Ensure timely completion of remediations identified during the internal testing process
  • Serve as SME on various internal policies and procedures
  • Ensure compliance with key KPIs
  • Assist with ad hoc projects
  • Timely completion of all mandatory compliance / analytical trainings
  • Provide informal mentorship to analysts
  • Demonstrated commitment to professional development and continuous learning
  • Ability to manage and monitor a portfolio encompassing the timely and accurate production of credit approval memos and the completion of complex due diligence on new and existing clients
  • Ability to interpret and apply internal credit policies and procedures
  • Adherence to the highest ethical standards and a commitment to Citi's core values
  • Ability to communicate effectively with diverse audiences
  • Strong interpersonal and relationship-building skills
  • Ability to multi-task and have strong time management abilities

Requirements

  • 6-10 years of experience, specifically in credit-related roles within Banking, Credit Risk Management, or a comparable field
  • Strong skills in financial analysis, including proficiency in interpreting financial statements and identifying key risk indicators
  • Proficient in identifying key financial and non-financial risks in their portfolio
  • Proficient in modeling techniques with an understanding of modeling principles
  • Working knowledge of standard product documentation (ISDAs, credit/facility agreements, amongst others)
  • Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint)
  • Bachelor’s/University degree or equivalent experience
  • MBA or CFA or CA preferred

Nice to have

MBA or CFA or CA preferred

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