▷ Urgent Search: Real Estate Underwriter

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 Analyst will hold a critical role within the Structured Credit and Real Estate Underwriting SCREU team administering a multi-billion-dollar portfolio of real estate and asset securitization transactions The analyst will support monitoring and underwriting process in conventional and affordable housing as well as related real estate sectors such as covering REITS REOC casino gaming and homebuilders In this role you re expected to Work proactively with the Underwriting team to ensure timely information flow communications among all internal stakeholders Monitor the ongoing compliance of assigned deals with the documented financing terms and conditions portfolio performance and financial triggers with the aim of identifying and mitigating credit risks Assist with classification and risk rating processes decisions and monitoring Review servicer reports for accuracy investigate unusual data trends identify deteriorating asset performance and keep abreast of industry and market trends and customer-specific events which may require contributions to quarterly portfolio reviews and liaising on updates to collateral data Prepare annual credit approval and quarterly memos in a timely manner Model transactions for risk rating and stress testing purposes Assist with special projects including stress testing portfolio concentration analysis internal audit reviews risk rating processes Credit Policies and Credit Programs across product groups Assist in reporting of Basel securitization parameters Maintain organized credit files for credit regulatory and compliance purposes and ensuring compliance with WCR policies and processes Review and analyze historical and pro forma financial statements of real estate properties e g operating statements rent rolls to ascertain revenue trends expense structures and Net Operating Income NOI Examine the financial statements Balance Sheet Income Statement Cash Flow Statement of borrowers and sponsors to assess their financial health Basic understanding of real estate valuation methodologies As a successful candidate you d ideally have the following skills and exposure 3 to 6 years of credit portfolio management or structuring experience in a financial institution rating agency financial guarantor or asset management firm real estate or structured credit securitization experience is a plus A strong interest in real estate structured products and credit analysis Strong Microsoft Office skills Modelling experience is a plus Strong attention to detail - Analyst will have responsibility for due diligence and documentation of transactions to ensure that all risk business and policy points are covered Oral and written communications skills enabling him or her to effectively interact with internal and external constituents of all levels Team player with strong work ethic who also works well with others at all levels Strong organizational skills with ability and willingness to work under pressure and manages time and priorities effectively Strong attention to detail - Analyst will have responsibility for due diligence and documentation of transactions to ensure that all risk business and policy points are covered Oral and written communications skills enabling him or her to effectively interact with internal and external constituents of all levels The ability to work independently to meet tight deadlines and initiate ideas with other members of the SCREU team and Independent Risk to mitigate risk Education Bachelor s University degree or equivalent experience MBA or CFA or CA preferred This job description provides a high-level review of the types of work performed Other job-related duties may be assigned as required Job Family Group Risk Management Job Family Credit Risk Time Type Full time Most Relevant Skills Analytical Thinking Constructive Debate Escalation Management Financial Analysis Policy and Procedure Policy and Regulation Product Knowledge Risk Controls and Monitors Risk Identification and Assessment Other Relevant Skills For complementary skills please see above and or contact the recruiter Citi is an equal opportunity employer and qualified candidates will receive consideration without regard to their race color religion sex sexual orientation gender identity national origin disability status as a protected veteran or any other characteristic protected by law 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 View Citi s and the poster