Underwriter (UAE Applicants Only)

4 days ago

Dubai, Dubai, United Arab Emirates Citibank (Switzerland) AG Full time
Underwriter (UAE Applicants Only)

Join Citi's Commercial Bank in Dubai as a CLM Credit Officer and contribute to the healthy growth of credit portfolio

Credit Lending Management (CLM), in the 1st Line of Defense, house and consistently manage credit risk activities performed across its Citi Commercial Banking organization. CLM's objective is to provide integrated "end-to-end" credit underwriting, identification, measurement, management, and monitoring for Commercial Bank credit risk.

The CLM Credit Analyst within Middle East is responsible for all underwriting activities, in partnership with Coverage, Product, and Risk. This role reports directly to the Middle East CLM Head.

KEY RESPONSIBILITIES:

1. 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.
2. Ensure Credit Approval Memo (CAM) packages are complete and accurate.
3. Continuous assurance of health and appropriateness of the credit clients' risk profile. Conduct Early Warning and Risk Management activities to take timely actions for a healthy risk profile, including classification decisions and credit strategy.
4. Detailed reviews of financial data, projection modeling, stress testing, and perform other in-depth analysis.
5. Responsible for on-time completion of annual reviews, quarterly credit reviews, and any ad-hoc reviews of existing customers.
6. Follow daily market updates and news, internal reports, and relate them with assigned credit portfolio/pipeline for analysis.
7. Facilitate relationships with key clients in Banking and Risk and with key control functions.
8. Support the MET CLM Head's strategic initiatives/projects.
9. Support VOE initiatives.

SPECIFIC RISK EXPERIENCE:

1. Experience in and exposure to global credit risk management standards.
2. Experience in structuring bilateral credit agreements and knowledge of complex credit products.
3. Ability to provide strategic insights and strong sensitivity to macro and regulatory issues, and impact of such issues on various Risk families, including operational and franchise risks.
4. Proven ability to effectively engage with internal control functions including Internal Audit and Fundamental Credit Risk as well as with external audit.

CLIENT RELATIONSHIPS / BUSINESS PARTNERSHIP:

1. Proven ability to understand nuances of local markets, local regulation, and the capabilities and practices of competitors.
2. Navigates organizational complexity and breaks silos.
3. Creates and sustains a network of strong partnerships with the business in all segments & geographies and other risk functions.
4. Provides well-reasoned, balanced assessments of risk/return trade-offs associated with transactions and client relationships.
5. Proven track record of partnering with global peers in leveraging and implementation of best practices.

QUALIFICATIONS:

1. Bachelor's/University degree in Finance, Banking, Accounting or Economics.
2. 5+ years risk/risk-related credit work experience in banking/financial institutions.
3. Excellent written and spoken English and Arabic.
4. Strong knowledge of accounting and its practical application in the credit underwriting process.
5. Strong understanding of the Commercial Banking Business and Market.
6. Experience in effectively engaging with internal control functions including Internal Audit and Fundamental Credit Risk as well as with external audit.
7. Advanced presentation skills – adept at presenting effectively to audiences of various sizes and constituencies.

BENEFITS:

1. Obtaining deep market knowledge through customer visits and market research.
2. Coaching from senior management through daily interaction.
3. Gaining insight into several divisions of the bank.
4. Continuous professional training opportunities.

Job Family Group: Risk Management

Job Family: Credit Decisions

Time Type: Full time

Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View the EEO is the Law poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting.

#J-18808-Ljbffr

  • Underwriter (UAE Applicants Only) | Dubai, UAE

    13 hours ago

    Dubai, Dubai, United Arab Emirates Citigroup, Inc. Full time

    Underwriter (UAE Applicants Only)Citigroup, Inc. Dubai, United Arab Emirates Apply now Posted 1 month ago Permanent CompetitiveCiti Commercial Banking - Credit Lending Management (CLM)-Credit AnalystJoin Citi's Commercial Bank in Dubai as a CLM Credit Officer and contribute to the healthy growth of credit portfolioCredit Lending Management (CLM), in the 1st...

  • credit underwriter: mortgages

    3 days ago

    Dubai, Dubai, United Arab Emirates Silver Oak Properties - UAE Full time

    Silver Oak Properties - UAE is a reputed and trusted real estate company located in Dubai, UAE. Our service-oriented trained executives are dedicated to making our clients' experiences unforgettable. Key Responsibilities Ensure quality underwriting of Credit Applications as per Approved credit policies and within the given Delegation of Authority, with...

  • Underwriting Assistant

    4 weeks ago

    Dubai, Dubai, United Arab Emirates Transguard Group LLC Full time

    Transguard Workforce Solutions is the UAE's leading provider of unique and innovative HR solutions. With a decade of experience in the region and a team that possesses extensive knowledge of the market, we provide a fully integrated HR solution. We are recruiting an Assistant Underwriting for our client, based out of their Dubai office. The Property...

  • Senior Underwriter

    2 days ago

    Dubai, Dubai, United Arab Emirates AWP Health & Life SA Full time

    Key Responsibilities: Underwrite general/motor insurance policies in accordance with company guidelines, underwriting standards, and regulatory requirements. Evaluate insurance applications, assess risks, and determine appropriate coverage and premium rates. Review and analyze underwriting data. Collaborate with brokers, agents, and other stakeholders to...

  • Underwriter

    4 weeks ago

    Dubai, Dubai, United Arab Emirates United States Citigroup Full time

    Citi Commercial Banking Credit Lending Management (CLM) - Credit AnalystJoin Citi's Commercial Bank in Dubai as a CLM Credit Officer and contribute to the healthy growth of the credit portfolioCredit Lending Management (CLM), in the 1st Line of Defense, houses and consistently manages credit risk activities performed across its Citi Commercial Banking...

  • Emiratization- Motor Underwriting

    4 days ago

    Dubai, Dubai, United Arab Emirates Robinson & Co (Singapore) Pte Ltd Full time

    UAE National- Motor Underwriting | Financial Services| Orient Insurance PJSCEstablished in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real...

  • Emiratization- Motor Underwriting

    1 week ago

    Dubai, Dubai, United Arab Emirates Robinson & Co (Singapore) Pte Ltd Full time

    UAE National- Motor Underwriting | Financial Services| Orient Insurance PJSCEstablished in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real...

  • Underwriting Representative

    3 weeks ago

    Dubai, Dubai, United Arab Emirates Cigna Health and Life Insurance Company Full time

    Underwriting Representative page is loaded Underwriting Representative Apply remote type On-site locations Dubai, United Arab Emirates time type Full time posted on Posted 2 Days Ago time left to apply End Date: February 24, 2025 (11 days left to apply) job requisition id 25001207 Cigna continues to expand across the Middle East and Africa region through an...

  • Underwriter

    6 days ago

    Dubai, Dubai, United Arab Emirates United States Citigroup Full time

    Citi Commercial Banking Credit Lending Management (CLM)-Credit AnalystJoin Citi s Commercial Bank in Dubai as a CLM Credit Officer and contribute to the healthy growth of credit portfolioCredit Lending Management (CLM), in the 1st Line of Defense, house and consistently manage credit risk activities performed across its Citi Commercial Banking organization....

  • Insurance Underwriter Specialist

    2 days ago

    Dubai, Dubai, United Arab Emirates AWP Health & Life SA Full time

    About the Role: As a key member of our underwriting team, you will be responsible for evaluating insurance applications and assessing risks to determine appropriate coverage and premium rates. You will work closely with brokers, agents, and other stakeholders to provide underwriting support and address inquiries related to insurance products.Your Key...

  • Underwriter - SME

    2 days ago

    Dubai, Dubai, United Arab Emirates Deem Finance Full time

    Direct message the job poster from Deem FinanceResponsible for documentation / credit review of new applications and Top-up Merchant Finance Loans, in accordance with credit policy of relevant products & Standard Operating Procedure, to ensure that applications & requests are approved for booking, whilst also ensuring that deviations to policy are kept to...

  • Underwriter - SME

    3 days ago

    Dubai, Dubai, United Arab Emirates Deem Finance Full time

    Direct message the job poster from Deem FinanceResponsible for documentation / credit review of new applications and Top-up Merchant Finance Loans, in accordance with credit policy of relevant products & Standard Operating Procedure, to ensure that applications & requests are approved for booking, whilst also ensuring that deviations to policy are kept to...

  • Senior Underwriter

    4 days ago

    Dubai, Dubai, United Arab Emirates Allianz Popular SL. Full time

    We are seeking a Senior Group Underwriter to join our team in Dubai. Within this role, you will be responsible for underwriting health, life and disability products for Allianz Partners large corporate clients. The role would be suited to an organised and highly analytical person who enjoys working at the centre of the business. The right candidate will be...

  • Senior Underwriter

    2 days ago

    Dubai, Dubai, United Arab Emirates Allianz Partners Full time

    We are seeking a Senior Group Underwriter to join our team in Dubai. Within this role, you will be responsible for underwriting health, life and disability products for Allianz Partners large corporate clients. The role would be suited to an organised and highly analytical person who enjoys working at the centre of the business. The right candidate will be...

  • Senior Underwriter

    3 days ago

    Dubai, Dubai, United Arab Emirates Allianz Partners Full time

    We are seeking a Senior Group Underwriter to join our team in Dubai. Within this role, you will be responsible for underwriting health, life and disability products for Allianz Partners large corporate clients. The role would be suited to an organised and highly analytical person who enjoys working at the centre of the business. The right candidate will be...

  • Group Underwriting Director

    5 days ago

    Dubai, Dubai, United Arab Emirates Intelligent Solutions Recruitment Specialists Full time

    At Intelligent Solutions Recruitment Specialists, we are partnering with a leading multinational insurance company to find an exceptional Group Underwriting Director for their team in the UAE. This senior leadership role will focus on developing and executing regional underwriting strategy for IPMI and Reinsurance lines of business to drive profitable...

  • Head of Underwriting, Casualty

    4 weeks ago

    Dubai, Dubai, United Arab Emirates Liva Group Full time

    Head of Underwriting, Casualty & Specialty – UAE & Bahrain Jobs like this involve leading a team responsible for underwriting and trading a portfolio of risks in Casualty (including large, complex or specialist cases) in line with agreed strategy, risk appetite and performance targets. You will be accountable for the overall performance of the sub-segment...

  • Head of Underwriting, Casualty

    3 days ago

    Dubai, Dubai, United Arab Emirates Liva Group Full time

    Head of Underwriting, Casualty & Specialty – UAE & BahrainJobs like this involve leading a team responsible for underwriting and trading a portfolio of risks in Casualty (including large, complex or specialist cases) in line with agreed strategy, risk appetite and performance targets. You will be accountable for the overall performance of the sub-segment...

  • Emiratization- Motor Underwriting- Ras Al-Khaimah Branch

    1 week ago

    Dubai, Dubai, United Arab Emirates Robinson & Co (Singapore) Pte Ltd Full time

    UAE National- Motor Underwriting- Ras Al-Khaimah Branch | Financial Services| Orient Insurance PJSCEstablished in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive,...

  • Emiratization- Motor Underwriting- Ras Al-Khaimah Branch

    3 days ago

    Dubai, Dubai, United Arab Emirates Robinson & Co (Singapore) Pte Ltd Full time

    UAE National- Motor Underwriting- Ras Al-Khaimah Branch | Financial Services| Orient Insurance PJSCEstablished in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive,...