Job Description

The Citi Wealth Residential Real Estate Mortgage Underwriter will serve as a primary contact for the mortgage throughout the process, from initiation of inquiry to closing, always maintaining proactive communication with the Banker/Lending Advisor.

• Working within the Wealth Lending Advisor team to structure and underwrite residential mortgage loans in accordance with established Product Programs.
• This is a demanding role in which individual judgment is needed to assess the risk reward dynamics of the extension of credit. It requires the ability to work closely with Bankers/Lending Advisors and clients to meet both marketing and risk management goals.
• Includes preparation, maintenance and communication of pipeline.
• Primary point of contact for obtaining credit documents and clearing underwriting conditions.
• Provide regular input to the Bankers, Associate Bankers and management in terms of MIS, competitive feedback, key client status reports, promotional opportunities, etc.
• Being responsible for all activities from applications through underwriting submission.
• Assisting with residential real estate portfolio management audits, reviews, and performance reporting
• Assisting with residential real estate projects, across portfolio and technical developments.
• Ability to obtain relevant information from all parties in the lending cycle.
• Functioning as part of a deal team that requires effective participation and contribution. The position requires the individual to independently exert leadership and effectively orchestrate the assigned portion of the mortgage process.
• Excellent understanding of all aspects of loan programs and internal and external guidelines/regulations.
• Working knowledge ability to understand and interpret complex financials for credit assessment.
• Understanding of complex mortgage structuring
• Appropriately assess risk when business decisions are made, demonstrating consideration for the firm’s reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.

QUALIFICATIONS:

• CeMAP qualified ( or equivalent)
• Strong Mortgage Regulatory knowledge and experience in the UK (and EU is preferable)
• Strong and proven analytical, financial structuring and execution skills
• Experience with regulatory internal and external audits beneficial
• Bachelor’s/University degree or equivalent experience

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 Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster

Please refer the Job description for details