Institutional Credit Management - Underwriter - Vice President Job at Citi (Mumbai)

Senior Vice President, Underwriter, Institutional Credit Management

Citi continues to enhance its business control and governance framework by build...

Location

Japan , Chiyoda, Tokyo

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

10+ years risk/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 & written communication skills. Active listening skills
Excellent presentation skills – adept at presenting effectively to audiences of various sizes and various constituencies
Bachelor’s/University degree, Master’s degree preferred

Job Responsibility

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 / projects as required

What we offer

Discover the top benefits offered to our global workforce, designed to support your well-being, growth and work-life balance. Explore a few of the highlights that make working with us rewarding.

Fulltime

Institutional Credit Management - Underwriter – Assistant Vice President

Institutional Credit Management (ICM) is a first line of defense function (1LOD)...

Location

India , Mumbai

Salary:

Not provided

Citi

Expiration Date

Until further notice

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

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

Fulltime

Institutional Credit Management - Export Agency Finance - Senior Vice President

This First Line role would ideally be suited to someone working in the capacity ...

Location

United Kingdom , London

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

Relevant years of experience at a senior level
Preferred experience with export agency finance transactions
Bachelor's degree in finance or accounting (preferred) - previous experience working in a financial institution with additional experience in a loan officer or underwriting role (credit trained a plus)
Advanced analytical skills including the ability to read and assess company financial statements, cash flow, industry and competitive analysis and projections
Demonstrated knowledge of intermediate accounting theory and its practical application in the credit underwriting process
Excellent organizational skills, attention to detail, and the ability to complete assignments in a timely manner
Effective written and verbal communication skills
Problem recognition and resolution skills
Ability to work autonomously and within a team
Proficient in various spreadsheet and word processing applications (Excel and Word are preferred), including the use of graphs and charts, and Moody's financial analysis software

Job Responsibility

Work with Bankers, Product Partners and Underwriters on global export agency finance transactions
Build a solid understanding of Citibank products and services within Trade, Banking and the broader organization
Mastering Citibank's credit policies and practices and regulatory policies
Experience with credit approval, documentation, structuring, execution of export agency finance transactions
Provide training for risk and business partners on export agency finance processes
Recommend changes to process to achieve greater efficiency
Appropriately assess risk when business decisions are made, demonstrating particular 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

What we offer

Global benefits offered to our global workforce, designed to support well-being, growth and work-life balance

Fulltime

Institutional Credit Management - In-Business Quality Assurance - Financial Institutions Underwriting, Vice President

Institutional Credit Management’s (“ICM”) objective is to provide an integrated ...

Location

Hungary , Budapest

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

Quality Assurance: Demonstrable Credit / Counterparty credit risk Audit / quality assurance experience, including 5-7 years in the areas of banking, credit risk management, loan review or quality assurance review function at an investment or large commercial bank
Solid understanding of risk management and control frameworks related to Counterparty Credit Risk management or another Financial Risk discipline
Capability to understand complex counterparty credit product structures, and ideally versed in derivatives and structured investment products
Good grasp of counterparty credit risk covered process, to evaluate findings within the Quality Assurance process, determine materiality, and partnering with in-line makers and checkers for ongoing improvement, problem detection, and sustainable remediation
Strong background on core credit analysis for large corporate and finance industries including funds to properly evaluate process and quality breaks within the quality assurance function
Ideally, credit officer or analyst or operational credit risk background, with experience on day-to-day credit functions associated with analysts and risk approval
High awareness and adherence to the control environment including Quality Assurance and Quality Control
Competencies: Highly Effective interpersonal skills, with the ability to build relationships and exert influence with and without direct authority with Senior Levels of Management
Solid organizational skills with ability and willingness to work under pressure and manages time and priorities effectively
Exceptional written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority

Job Responsibility

Support the Head of FI In-Business Quality Assurance to set the global strategy for and lead the implementation and ongoing delivery of a robust Quality Assurance function in accordance with the coverage universe
Provide effective credible challenge during QARs to Business Region Heads and Portfolio Managers, as regards to memo and process quality to ensure that weaknesses in such processes are identified and escalated as appropriate
Support with the aim to ensure wholesale credit risks within Citi are effectively identified, measured, monitored, and controlled, consistent with the bank’s risk appetite and all policies and processes established within the risk governance framework
Under the supervision of the Markets In-Business Quality Assurance Functional Head, support execution of the following: Consistent and objective assessments during QARs
Subsequent follow-up on corrective actions that were raised during QARs
Sustainability testing of corrective actions resulting from issues raised by Internal Audit or Regulators
Synthesize and prepare quarterly Quality Assurance Scorecard Reports to ICM business management that communicate and measure results and identify negative trends and potential solutions
Constant interaction with the respective Analysts and Team Leads, to ensure that quality assurance protocols are adequate for all portfolios
Support WCR IBQA function in the establishment of WCR IBQA policies, procedures, risk assessment and controls to drive effective QA coverage and standards
Support ICM Head of Markets In-Business Quality Assurance Functional Head to stay abreast of relevant changes to rules/regulations and other industry news including regulatory findings

What we offer

Cafeteria Program
Home Office Allowance (for colleagues working in hybrid work models)
Paid Parental Leave Program (maternity and paternity leave)
Private Medical Care Program and onsite medical rooms at our offices
Pension Plan Contribution to voluntary pension fund
Group Life Insurance
Employee Assistance Program
Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
Flexible work arrangements to support you in managing work - life balance
Career progression opportunities across geographies and business lines

Fulltime

Institutional Credit Management - In-Business Quality Assurance - Financial Institutions Underwriting, Vice President

Institutional Credit Management’s (“ICM”) objective is to provide an integrated ...

Location

Czechia , Prague

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

Quality Assurance: Demonstrable Credit / Counterparty credit risk Audit / quality assurance experience, including 5-7 years in the areas of banking, credit risk management, loan review or quality assurance review function at an investment or large commercial bank
Solid understanding of risk management and control frameworks related to Counterparty Credit Risk management or another Financial Risk discipline
Capability to understand complex counterparty credit product structures, and ideally versed in derivatives and structured investment products
Good grasp of counterparty credit risk covered process, to evaluate findings within the Quality Assurance process, determine materiality, and partnering with in-line makers and checkers for ongoing improvement, problem detection, and sustainable remediation
Strong background on core credit analysis for large corporate and finance industries including funds to properly evaluate process and quality breaks within the quality assurance function
Ideally, credit officer or analyst or operational credit risk background, with experience on day-to-day credit functions associated with analysts and risk approval
High awareness and adherence to the control environment including Quality Assurance and Quality Control
Competencies: Highly Effective interpersonal skills, with the ability to build relationships and exert influence with and without direct authority with Senior Levels of Management
Solid organizational skills with ability and willingness to work under pressure and manages time and priorities effectively
Exceptional written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority

Job Responsibility

Support the Head of FI In-Business Quality Assurance to set the global strategy for and lead the implementation and ongoing delivery of a robust Quality Assurance function in accordance with the coverage universe
Provide effective credible challenge during QARs to Business Region Heads and Portfolio Managers, as regards to memo and process quality to ensure that weaknesses in such processes are identified and escalated as appropriate
Support with the aim to ensure wholesale credit risks within Citi are effectively identified, measured, monitored, and controlled, consistent with the bank’s risk appetite and all policies and processes established within the risk governance framework
Under the supervision of the Markets In-Business Quality Assurance Functional Head, support execution of the following: Consistent and objective assessments during QARs
Subsequent follow-up on corrective actions that were raised during QARs
Sustainability testing of corrective actions resulting from issues raised by Internal Audit or Regulators
Synthesize and prepare quarterly Quality Assurance Scorecard Reports to ICM business management that communicate and measure results and identify negative trends and potential solutions
Constant interaction with the respective Analysts and Team Leads, to ensure that quality assurance protocols are adequate for all portfolios
Support WCR IBQA function in the establishment of WCR IBQA policies, procedures, risk assessment and controls to drive effective QA coverage and standards
Support ICM Head of Markets In-Business Quality Assurance Functional Head to stay abreast of relevant changes to rules/regulations and other industry news including regulatory findings

What we offer

Competitive base salary (which is annually reviewed)
Business casual workplace
Hybrid working model (up to 2 days working at home per week)
Access to an array of learning and development resources
Resources and tools to volunteer in the communities

Fulltime

Credit Officer (Underwriter) - Assistant Vice President

Whether you’re at the start of your career or looking to discover your next adve...

Location

Taiwan , Taipei

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

5-8 years of extensive experience working in a financial institution, additional experience in commercial credit analysis and underwriting role
Proven analytical skills including the ability to understand and assess individual and company financial statements, cash flow, industry and competitive analysis and projections Demonstrated knowledge of intermediate accounting theory and its practical application in the credit underwriting process
Excellent organizational skills, attention to detail, and the ability to complete assignments in a timely manner
Exercises effective written and verbal communication skills, problem recognition and resolution skills, and ability to work autonomously and within a team
Proficient in various spreadsheet and word processing applications (Excel and Word are preferred), including the use of graphs and charts
Bachelor’s/University degree or equivalent experience

Job Responsibility

Interface with and support bankers in underwriting requests for commercial credit extensions for new and existing clients with ownership responsibilities for sound credit decisions and compliance with internal procedures / credit risk policy guidelines and standards
Prepare a detailed written credit analysis and summary of commercial applicants requesting credit by analyzing the business, interpreting the finance need, identifying the strengths and prevailing risk factors and rendering a final credit decision
Perform detailed financial analysis on companies, including trend and ratio analysis, and interpret the financial information
Perform financial statement analysis in order to assess repayment capacity and determine the proper classifications
Perform industry and geographical research and other due diligence as needed
Maintain a solid understanding of Citibank products and services
Maintain compliance with Citibank credit policies / practices and regulatory policies, to ensure business unit is in adherence to the above and receives satisfactory ratings from internal and external auditors
Aids business unit goals by continuous identification of process improvements and efficiencies that reduce costs and improve customer service levels
Work with management team on prioritization and implementation of approved actions
Other duties as required to assist business unit and company goals

Fulltime

Credit Underwriter - Natural Resources (Power, Energy and Chemicals) - Senior Vice President

The Underwriter is a strategic professional who stays abreast of developments wi...

Location

United Kingdom , London

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

Extensive relevant work experience in a similar role
Bachelor's degree in finance or accounting (preferred) - previous experience working in a financial institution with additional experience in a loan officer or underwriting role. (credit trained a plus)
Advanced analytical skills including the ability to read and assess company financial statements, cash flow, industry and competitive analysis and projections
Demonstrated knowledge of intermediate accounting theory and its practical application in the credit underwriting process
Excellent organizational skills, attention to detail, and the ability to complete assignments in a timely manner
Effective written and verbal communication skills
Problem recognition and resolution skills
Ability to work autonomously and within a team
Proficient in various spreadsheet and word processing applications (Excel and Word are preferred), including the use of graphs and charts, and Moody's financial analysis software
Bachelor’s/University degree, Master’s degree preferred

Job Responsibility

Assist bankers and Underwriters in underwriting requests for credit extensions for new and existing clients, and in the writing of annual reviews with focus on more complex and higher dollar exposure transactions
Perform detailed financial analysis on companies, including trend and ratio analysis, and interpret the financial information
Perform collateral analysis on accounts receivable, inventory, machinery and equipment and real estate in order to evaluate collateral performance and changes in trends, as well as to assess repayment capacity based secondary sources of repayment
Prepare monthly and/or quarterly reviews of existing borrowers in order to track compliance with various loan covenants as outlined in the loan Agreement
Build a solid understanding of Citibank products and services within Commercial Banking and the broader organization
Coordinate with bankers on customer calls and site visits, when appropriate
Perform industry and geographical research and other due diligence as needed
Be familiar with Citibank credit policies and practices and regulatory policies, to assist unit in achieving compliance with the above and satisfactory ratings from internal and external auditors
Provides training for less experienced credit officers and other credit center staff in application processing, credit analysis and loan closing roles
Provide backup to the team manager in workflow distribution and monitoring as needed

What we offer

Generous holiday allowance starting at 27 days plus bank holidays
increasing with tenure
A discretional annual performance related bonus
Private medical insurance packages to suit your personal circumstances
Employee Assistance Program
Pension Plan
Paid Parental Leave
Special discounts for employees, family, and friends
Access to an array of learning and development resources

Fulltime

Commercial Lending Credit Officer - Vice President

The Commercial Lending Credit Officer will perform underwriting and portfolio ma...

Location

India , Haryana

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

Bachelor's degree in Finance or Accounting, or equivalent experience
Minimum 5 years working in a financial institution performing commercial credit analysis in an underwriting and/or portfolio management role
Expertise in underwriting business working capital lines, term loans and real estate transactions with Small Business Administration (SBA) experience also preferred, but not required
Prior experience working in a U.S. regulatory and compliance policy environment
Strong analytical skills including the ability to read and assess individual and company U.S. tax returns, U.S. financial statements, cash flow, industry and competitive analysis and projections
Demonstrated knowledge of intermediate accounting theory and its practical application in the credit underwriting process
Strong ability to assess risks and make decisions using sound judgment
Excellent organizational skills, strong multi-tasking capabilities, attention to detail, and the ability to complete assignments within required deadlines in a fast-paced environment
Strong inter-personal and written / verbal communication skills
Strong problem recognition and resolution skills

Job Responsibility

Analyze various U.S. industries and have a thorough knowledge of the risks associated with those industries
Implement loan structure, terms and conditions with regard to a variety of loan and borrower situations
Support U.S. colleagues in sales, credit, and loan operations roles with adhering to processing and documentation guidelines for loan requests
Prepare detailed written credit memos that summarize results of financial and credit analysis including identification of strengths, prevailing risk factors, and recommendation
Ensure appropriateness of risk ratings and facility classifications at time of Originations and/or during the Annual Review process
Ensure data capture associated with approved extensions of credit are accurate
Ensure compliance with credit policies and procedures and applicable U.S. law and regulatory requirements, and achieve satisfactory ratings from internal and external auditors
Support business unit goals by continuous identification of process improvements and efficiencies that reduce costs and improve customer service levels
Build a solid understanding of Citibank products and services

Fulltime

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Institutional Credit Management - Underwriter - Vice President

Job Description

Job Responsibility

Requirements

What we offer

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