Officer - Credit Underwriter - C10 - Mumbai

3 days ago

Mumbai Maharashtra, India Citi Full time

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 Underwriter role is responsible for underwriting, closing and securitizing loans in coordination with the investment banking team. The overall objective is to finance new construction and the preservation of affordable and workforce rental housing, as well as office, retail, warehouse/industrial, multifamily, hotel, and self-storage properties for Citigroup.

**In this role, you’re expected to**:

- Create written and oral work products to test the financial feasibility and credit worthiness of loan forwards, permanent loans, and permanent loan conversions.
- Review due diligence and prepare internal committee packages for approval, as well as, credit submissions required for the sale of the loans to Bond Investors and for Rating Agencies.
- Process transactions through internal systems to ensure regulatory requirements.
- Manage communications among a diverse mix of internal and external participants.
- Understand and analyze different local and national real estate markets.
- Travel to markets throughout the United States to conduct site inspections, meet with internal and external clients, and participate in training opportunities.
- Conduct analysis on firm special projects as needed.
- 2-4 years relevant experience
- Loan underwriting or equivalent experience.
- Individual must have excellent communication, organizational and interpersonal skills.
- Individual must work well under tight deadlines, manage priorities, and complete assigned tasks with mínimal management follow up.
- Excellent analytical and computer skills including the ability to quickly adopt new technology.
- The individual should have established working knowledge of lending Underwriting Guides and be familiar with the processes of Rating Agencies.
- The individual will have the tact and composure to be client focused while also managing internal and external relationships. A successful Underwriter will take ownership while maintaining attention to details and working independently or among team members.
- This person will have the ability to read, comprehend, and summarize legal documents collected in the due diligence process.
- Ability to travel (20% of time) on short notice necessary.

**Education**:

- Bachelor's/University degree or equivalent experience.**Job Family Group**:
Risk Management
- **Job Family**:
Credit Decisions
- **Time Type**:
Full time
- **Most Relevant Skills**

Credible Challenge, Data Analysis, Laws and Regulations, Management Reporting, Policy and Procedure, Referral and Escalation, Risk Controls and Monitors, Risk Identification and Assessment, Risk Remediation.
- **Other Relevant Skills**

For complementary skills, please see above and/or contact the recruiter.-
- View Citi’s _EEO Policy Statement_ and the _Know Your Rights_ poster._

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