Vice President - Credit Underwriter - Leveraged Portfolio Group Analytics – Client - Mumbai
Publication date:
21 November 2024Workload:
100%Contract type:
Permanent position- Place of work:Mumbai
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 where we live and work through volunteerism.
The Leveraged Finance Underwriting Credit Team (“LFU”) within Institutional Credit Management (“ICM”) is seeking a Vice President to join its Analytics team. The VP is an intermediate level professional with the goal to deliver best-in-class credit risk analysis, monitoring and credit administration as a partner to broader ICM Underwriting and Banking, Capital Markets and Advisory’s (BCMA) shared commitment to ensuring the safety and soundness of wholesale lending across ICG. The VP will work with the rest of the LFU team to lead a best-in-class Leveraged Lending Underwriting organization with the primary goal of materially enhancing Citi’s end-to-end Leveraged Lending credit management process.
The VP will be responsible for writing Annual Reviews and Quarterly Reviews for LFU’s most complex relationships, owning the Credit Risk Analysis for those relationships, and being responsible for the continuous monitoring of that portfolio including early problem recognition and mentoring Analysts and Associates in the Analytics team, as well as supporting LFU Underwriters on transactions. VPs are expected to have a sound foundation of credit and origination skills and will utilize such to effectively deliver innovative solutions to our clients, as well as properly manage the credit exposure within global Citi’s Leveraged Lending Portfolio.
In this role, you’re expected to:
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Assess the credit and financial strength of Citi’s most complex Large Corporate Clients by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors with little to no supervision
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Monitor the covered portfolio, including following industry trends, impacts to key relationships, and escalation of potential credit issues to LFU Underwriters, Risk and BCMA partners
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Evaluate and gain a strong understanding of clients' business model, financial performance, and key credit drivers across various industries, through both due diligence process as part of transactions and ongoing credit monitoring responsibilities
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Assess the borrower’s cash flow profile by building projection models used in assigning a regulatory rating and driving decision on the extension of credit to highly levered obligors
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Develop strong relationship with the relevant stakeholders while producing credit reviews for the portfolio
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Provide analytical support across LFU’s core functions: (1) Leveraged Lending transaction origination and credit approval; (2) portfolio management and early problem recognition; (3) global leveraged lending related projects and strategic initiatives
As a successful candidate, you’d ideally have the following skills and exposure :
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10-13 years of credit analysis, origination, or relevant credit experience
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Well-developed analytical skills, including an understanding of key financial components (liquidity position, leverage profile with the ability to form independent opinions on credit and recognize emerging risks)
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Team player with strong work ethic who also works well with others at all levels and can coach and mentor analysts and associates
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Strong organizational skills with ability and willingness to work under pressure and manages time and priorities effectively
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Advanced knowledge of Microsoft Word, Excel, and PowerPoint
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Three statements financial modeling experience
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Ability to take on demanding responsibilities and work independently, while juggling multiple tasks at one time effectively manage deadlines and juggle multiple tasks at once
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Awareness and adherence to the control environment including Quality Assurance and Quality ControWell-developed interpersonal skills, with the ability to build relationships and exert influence with and without direct authority
Education:
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Bachelors/University degree or equivalent experience
Global Benefits:
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We provide programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
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We have a variety of programs that help employees balance their work and life, including generous paid time off packages.
Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.
Take the next step in your career, apply for this role at Citi today
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Credit Decisions------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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