Commercial Real Estate Underwriter - Citi Community Capital – Assistant Vic at Citi

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

23 Mar, 26

Salary

0.0

Posted On

23 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Analysis, Portfolio Management, Risk Assessment, Financial Analysis, Real Estate Valuation, Data Analysis, Communication, Microsoft Office, Stress Testing, Regulatory Compliance, Credit Policies, Analytical Thinking, Escalation Management, Constructive Debate, Risk Controls, Product Knowledge

Industry

Financial Services

Description

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 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 Bachelor's degree/University degree or equivalent experience, Master's degree a plus Analytical Thinking, Constructive Debate, Escalation Management, Financial Analysis, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment. ------------------------------------------------------ For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------

Responsibilities

The role involves monitoring compliance of assigned deals, analyzing financial statements, and preparing credit approvals and memos. Additionally, the underwriter will assist with risk rating processes and special projects related to credit policies and portfolio analysis.