Product Specialist - Underwriting
Posted 5 hours 19 minutes ago by Citigroup Inc.
Are you looking to take the next step in your career, working within commercial Real Estate (CRE) lending? Citi is currently looking to hire a loan underwriter who can evaluate small and medium lott size commercial real estate as collateral for lending, assess borrower creditworthiness, review due diligence, process credit approvals then monitor loan performance. This is an Associate Vice President or Vice President role based in London.
Responsibilities- Evaluate commercial real estate properties along with market dynamics and futures drivers of performance across industrial, retail, offices and living sector
- Apply strong understanding of lending/underwriting criteria to ensure loans meet required standards
- Conduct judgement and business screening on whether CRE loan applications are suitable & prudent lending cases for extension of credit
- Assess credit risks relating to CRE property/borrowers and mitigants
- Analyse and model commercial real estate and loans
- Prepare credit memos and presentations for credit committee approvals
- Manage loan execution process, including discussions with third parties, servicers, clients and advisers
- Collaborate with internal partners including risk, legal and onboarding teams
- Participate in monitoring of financings and other ad hoc workstreams
- Experience in lending on commercial real estate for small and medium balance loans
- Knowledge of the commercial real estate property market
- Strong computing, numeracy and analytical skills
- Strong interpersonal and communication (written and spoken) skills - English required
- Willingness to travel for work in Europe
- Efficiency minded
- Self motivated with a strong work ethic
- Ability to multi task and meet short deadlines
- University degree or equivalent
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
- Discretionary annual performance related bonus
- Private medical insurance packages suitable to personal circumstances
- Employee Assistance Program
- Pension Plan
- Paid Parental Leave
- Special discounts for employees, family and friends
- Access to an array of learning and development resources
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to 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, please review our Accessibility at Citi. View Citi's EEO Policy Statement and the Know Your Rights poster.