Wholesale Credit Underwriting – Leveraged Finance – Vice President Job at Citi (Mumbai)

Senior Vice President - Underwriter - (Structured Credit and Real Estate Underwriting)

The Senior Vice President position will hold a critical role within the Structur...

Location

India , Mumbai

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

13+ years of credit, portfolio management or product experience (preferably real estate underwriting or asset management) in a financial institution, rating agency, financial guarantor, or asset management firm
Experience in leading a team and in coaching and mentoring junior bankers
Excellent organizational skills, prioritizing capabilities, attention to detail, and the ability to complete assignments within required deadlines in a fast-paced environment
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, and impact of such issues on the various Risk families, including operational and franchise risks
Pro-active disposition with ability to work autonomously and within a team
Typically deals with complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting needs
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.
On track for internal Senior Credit Officer designation is a plus

Job Responsibility

Accountability for ensuring strong analysis of the assigned Real estate portfolio ensuring consistencies with industry leading practices and compliance with all internal risk policies, standards and procedures
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
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
Supervise analysts and associates to perform periodic monitoring of the portfolio
Ensure maintenance of organized credit files for credit, regulatory, and compliance purposes and ensuring compliance with WCR policies and processes
Perform quality control of the approval memos to ensure accuracy and completeness of input
Ensures team monitors the ongoing compliance of assigned deals with the documented financing terms and conditions, portfolio performance and financial triggers and makes appropriate recommendations with the aim of identifying and mitigating credit risks
Ensure ongoing and timely feedback and coaching of junior team to sustain a strong credit culture and an unwavering commitment to excellence in analysis and execution
Provide support to Director and other senior team members, lead projects and initiatives in the wider team
Support the ICM Real Estate Underwriting Verticals (Citi Community Capital, CRE) on strategic initiatives/projects

What we offer

Global Benefits
Best-in-class benefits
Work-life balance

Fulltime

Credit Financing - Collateralized Loan Obligation - Vice President

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

Location

India , Mumbai

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

10 years previous credit authority experience within a financial institution
Familiarity working in regulatory, compliance, policy environment
Proven analytical skills including ability to assess structural components of transactions
Demonstrated knowledge of structured finance/securitization of Private Credit, Middle Market or Broadly Syndicated Loans
Experience with leveraged loans, high yield credits
Good analytical skills in filtering, prioritizing and validating complex material
Excellent organizational skills, prioritizing capabilities, attention to detail
Effective interpersonal and written/verbal communication skills
Pro-active disposition with ability to work autonomously and within a team
Proficiency with various business applications (e.g., Excel, Word, PowerPoint)

Job Responsibility

Assess credit risk and other risk considerations when making business decisions
Interface with and support bankers in underwriting requests for credit extensions of securitization facilities
Participate in due diligence and prepare detailed written credit memo for periodic monitoring
Perform ongoing monitoring of individual transaction and portfolio trends
Keep abreast of latest research and developments in industry, product, and rating agency criteria
Maintain familiarity and compliance with Citibank Wholesale Credit Risk policies/standards/procedures
Assist business unit goals by continuous identification of process improvements and efficiencies
Provide backup support to Credit Underwriting Group Manager, lead projects and initiatives and mentor lower-level Credit Officers

Fulltime

Credit Financing - Collateralized Loan Obligation - Vice President

The Underwriter is a strategic professional who contributes to credit strategies...

Location

India , Mumbai

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

10 years previous credit authority experience within a financial institution and familiarity working in regulatory, compliance, policy environment
Proven analytical skills including the ability to assess structural components of individual transactions, quality of underlying pool assets, and asset managers' capabilities, strategies, underwriting, portfolio management, and track records
Demonstrated knowledge of structured finance/securitization of Private Credit, Middle Market or Broadly Syndicated Loans along with leveraged loans, high yield credits and ability to deal with complex and variable issues where development of an approach/ action involves weighing various alternatives and balancing potentially conflicting needs
Good analytical skills in filtering, prioritizing and validating potentially complex material from multiple sources
Excellent organizational skills, prioritizing capabilities, attention to detail, and the ability to complete assignments within required deadlines in a fast-paced environment
Effective interpersonal and written/verbal communication skills
Pro-active disposition with ability to work autonomously and within a team
proficiency with various business applications (e.g., Excel, Word, PowerPoint)
Experience in technology or operation/process enhancements

Job Responsibility

Appropriately assess credit risk and other risk considerations when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup's 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
Interface with and support bankers in underwriting requests for credit extensions of securitization facilities for new and existing clients with ownership responsibilities for sound credit decisions and compliance with internal procedures/credit risk policy guidelines and standards
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
Perform ongoing monitoring of individual transaction and portfolio trends in a timely fashion
Keep abreast of latest research and developments in industry, product, and rating agency criteria
Maintain familiarity and compliance with Citibank Wholesale Credit Risk policies/standards/procedures and regulatory policies to ensure the business unit is in adherence to the above and receives satisfactory ratings from internal and external auditors and/or reviewers
Assists 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

What we offer

Global workforce benefits
Work-life balance support

Fulltime