Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Senior Credit Underwriter, APAC Real Money Funds – Vice President
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Senior Credit Underwriter will assess and approve credit exposure for APAC real-money funds, reviewing financial statements, investment portfolios, fund structures, counterparties, and related risks. Requirements typically include a bachelor’s degree in finance, accounting, economics, or a related field; substantial experience in credit analysis, underwriting, banking, or fund finance; and strong knowledge of credit policies, regulatory standards, and risk controls. The candidate should be capable of making independent, well-documented decisions, challenging assumptions, managing complex regional stakeholders, and communicating clearly with relationship managers, product teams, risk officers, and senior management. Experience with institutional investors, asset managers, hedge funds, or securities firms is highly advantageous.
Can I work in the Philippines?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Work permit route: the bank must post the job for Filipinos first, then file the permit and the 9(g) visa; senior and specialist posts are the realistic ones.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: Graduate analyst roles are the hardest case: a permit is issued only if no Filipino is competent, able and willing to do the job (Labor Code, article 40).
Official source: Bureau of Immigration: Pre-arranged Employment Visa (9G). Checked November 2026.
What the job usually comes with in the Philippines
Usual for Banking jobs in the Philippines, varies by employer. Checked November 2026.
| Housing | Senior expat packages often add a housing allowance; local-hire contracts do not |
|---|---|
| Relocation | Employer files the permit and visa; fees are agreed in the contract; moving help for senior hires only |
| Flights | Yearly home flight in some senior expat packages; none for local hires |
| Contract | Regular after at most 6 months' probation (by law); foreigners' contracts follow the permit, 1 to 3 years |
| Leave | 5 days after 1 year; 10 regular holidays and 8 special days in 2026 (by law) |
| Income tax | 0% to PHP 250,000 a year (about USD 4,000), then 15% to 35%; 13th month tax-free to PHP 90,000 |
| Health cover | PhilHealth is deducted from pay and matched by the employer (by law); a company health plan is the office norm |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About Citi Bank
Citi is a global financial institution providing banking, capital markets, transaction services, wealth management, and consumer financial products. With operations in numerous countries, the bank serves corporations, governments, institutional investors, and individuals through a broad international network. In the Philippines, Citi has established operations supporting corporate banking, credit, treasury and trade solutions, technology, operations, and risk management. The organization is known for its cross-border capabilities, complex institutional relationships, and emphasis on regulatory discipline and risk control. Citi’s culture generally values analytical thinking, collaboration across markets, client service, ethical conduct, and continuous process improvement. Employees may work with colleagues and clients across Asia-Pacific and other global regions, making strong communication skills and comfort with multicultural environments important for many professional roles.