Credit Underwriting Manager, Institutional Credit Management - Senior Vice President

Credit Underwriting Manager, Institutional Credit Management – Senior Vice President

Location: City of Taguig, Metro Manila, Philippines • Hybrid work model

Overview

Citi is seeking a senior Credit Underwriting Manager to lead a team of underwriting analysts within its Institutional Credit Management (ICM) group. This first-line-of-defense function manages end-to-end wholesale credit risk across Citi's institutional client base. The role owns a portfolio of corporate client relationships, drives credit approval decisions, and sets the standard for rigorous credit analysis across Corporate Banking, Services, and Markets. This position provides direct visibility to senior stakeholders across the firm.

Responsibilities

• Lead the end-to-end credit underwriting process for a portfolio of institutional corporate clients, from origination to presentation of credit approval memos at senior forums.
• Review and sign off on financial analysis, due diligence, projection modeling, stress testing, and risk rating assessments prepared by junior analysts, ensuring accuracy and alignment with credit standards.
• Assess and articulate credit recommendations to Risk in written and verbal formats, communicating risk/return trade-offs to stakeholders.
• Partner with Front Office teams to structure transactions and support negotiation of legal documentation, bringing credit expertise to deal origination discussions.
• Serve as the primary contact for credit-related discussions with internal/external auditors, regulators, and control functions.
• Manage and develop a team of underwriting analysts, including workload allocation, staffing for urgent deliverables, and recruitment/onboarding where required.
• Monitor macroeconomic and industry developments relevant to the coverage portfolio and apply insights to credit reviews and portfolio stress testing.

Required Qualifications & Skills

• 10+ years of credit risk or credit-related experience within banking or financial institutions, with end-to-end credit underwriting, credit analysis, financial spreading, and credit memo approval expertise.
• Ability to independently manage a portfolio of institutional client relationships, including timely production of annual and quarterly credit reviews and ad-hoc transaction support.
• Strong credit risk assessment capability with the ability to identify issues early, structure solutions, and make well-reasoned recommendations under time pressure.
• Solid understanding of capital markets products and complex financing structures; evaluate risk assets and risk capital implications with product teams.
• Demonstrated ability to engage with regulators, internal audit, and external auditors.
• Excellent written and verbal communication skills for senior audiences.
• High ethical standards, sound judgment, and the ability to see the broader strategic picture in fast-moving environments.

Beneficial Skills & Qualifications

• Experience covering Real Money Funds or institutional asset management clients within a wholesale credit or institutional banking context.
• Exposure to global credit risk management frameworks and cross-border institutional client portfolios.
• Established relationships with peers in global banking, risk, or product organizations to drive outcomes cross-functionally.

What We Offer

Senior leadership role within Citi’s wholesale credit governance framework with ownership, visibility, and impact on credit standards across the firm.

• Hybrid work model: 3 days in the office, 2 days remote.
• Strategic influence over underwriting decisions and governance across the institutional client portfolio.
• Direct leadership of a team of analysts with opportunities to shape hiring and development.
• Collaborative, performance-driven environment with cross-functional partnership across Banking, Risk, Markets, and Control functions.
• Access to Citi’s global network and opportunities to engage with peers and leaders across geographies.
• Competitive compensation and financial wellbeing support for senior leadership roles.
• Ongoing learning and development opportunities for continued growth at the senior level.

Apply now to take ownership of a senior credit leadership role at Citi and influence wholesale credit risk management across a leading financial institution.

Job Family Group

Risk Management

Job Family

Credit Risk

Time Type

Full time

Important Notes

Citi is an equal opportunity employer. Qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law.