VP - Real Estate & Structured Credit Underwriting (CF, CLO and ABS)

Overview

Underwriter role in the Real Estate & Structured Credit Underwriting (RESCU) team, administering a portfolio of asset securitization transactions across Global Credit Financing (CF), CLO and ABS credit facilities.

What you'll do

• Manage a diverse portfolio of securitization transactions for CF/CLO/ABS asset class, including Middle Market Loans (MML), Broadly Syndicated Loans (BSL), Private Credit & Leveraged Loans, Direct Lending, etc across NAM and EMEA.
• Ensure high-quality credit analysis, timely delivery and strong governance while collaborating closely with Origination and Independent Risk teams.
• Maintain ownership of a strong and consistent credit underwriting process across the CF / CLO portfolio.
• Have good understanding of cashflow modelling and various complex structures falling under the CF / CLO universe.
• Be accountable for ensuring strong analysis of the assigned CF / CLO portfolio, consistent with industry leading practices and compliance with all internal risk policies, standards and procedures.
• Lead periodic portfolio monitoring and conduct comprehensive credit reviews to ensure ongoing compliance, proactively managing emerging credit risks and guiding team members.
• Partner with bankers on underwriting commercial credit extensions for new and existing clients, ensuring compliance with internal credit risk policies, procedures and regulatory standards.
• Participate in due diligence and prepare detailed written credit memos for periodic monitoring, including annual reviews of existing transactions, covering 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.
• Oversee complex credit approvals, assigned ratings and annual reviews with focus on accuracy, completeness and consistency of credit memos.
• Interface with and support bankers in underwriting requests for credit extensions of CF / CLO facilities for new and existing clients, with ownership responsibilities for sound credit decisions.
• Ensure maintenance of organized credit files for credit, regulatory and compliance purposes and ensure compliance with Citibank Wholesale Credit Risk (WCR) policies and processes.
• Analyse credit risk by reviewing deal documents and legal documentation.
• Maintain regular and open communication with internal as well as external team members on various tasks.
• Stay abreast of the latest developments in the structured finance market and understand their potential impact.
• Enhance efficiency through automation and technical skills.

What you'll need

• Post Graduation / MBA / CA or equivalent.
• 8+ years of credit, portfolio management or product experience (primarily in securitization) in a financial institution, rating agency or asset management firm.
• 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.
• Ability to deal with complex and variable issues with substantial potential impact, developing an approach where required.
• Good analytical skills to filter, prioritize and validate potentially complex material from multiple sources.
• Creative thinker who is adept at taking an analytical approach to problem solving.
• Strong attention to detail, with responsibility for reviewing credit agreements and legal documents to ensure all risk and business points are covered.
• Excellent oral and written communication skills enabling effective interaction with internal and external constituents of all levels.
• Strong Microsoft Office skills.

Nice to have

• Technical skills.

Details

• Location: Mumbai, India.
• Working environment: office setting, minimal travel required.
• Time type: Full time.