Commercial Real Estate Underwriter - AVP - London

Descrizione del lavoro:

Institutional Credit Management (ICM), provides integrated "end-to-end" credit underwriting, identification, measurement, management, and monitoring for wholesale credit risk across the enterprise.  Within ICM, the Credit Underwriting function (ICM-UW) provides analysis, underwriting, first-line-of-defense credit approval and subsequent credit monitoring.

The Underwriter is a seasoned professional role.

* Applies in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and workflow for the area or function.

* Integrates subject matter and industry expertise within a defined area.

* Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the function and overall business.

* Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information.

* Requires good analytical skills in order to filter, prioritize and validate potentially complex and dynamic material from multiple sources.

* Strong communication and diplomacy skills are required.

* Significant impact in terms of project size, geography, etc. by influencing decisions through advice, counsel and/or facilitating services to others in area of specialization.

* Work and performance of all teams in the area are directly affected by the performance of the individual.

Responsibilities:

* Ensures Credit Approval Memo (CAM) packages are complete, accurate and thoroughly documented

* Support Senior Underwriters in making recommendations/credit decisions, including risk ratings and regulatory classifications

* Conducts in-depth analyses of financial data and other information provided by the client

* Conducts projection modeling, stress testing and other analyses using research and evaluations from a wide variety of sources

* Assesses deal strengths and weaknesses and risk factors

* Ensures all transactions are in compliance with regulatory and Citi guidelines, policies and procedures

* Remains current on all aspects of the credit relationship, including exposure, compliance, and potential credit concerns

* Oversees periodic relationship credit monitoring including Annual Reviews (ARs), Quarterly Reviews (QRs), and Criticized Credit Reviews (CCRs)

* Notifies bankers of any deterioration in operating performance based on financial reporting

* Supports the Senior Underwriter and Underwriter during internal reviews (BICR, COBRA, IA) and external regulatory exam responses

* Expected to be fully conversant on safe and sound risk practices within Real Estate Credit including all policies, procedures, laws, regulations and risk limits specific to their Portfolio

* Qualifications:

* Relevant experience in underwriting

* Previous experience working directly in Commercial Real Estate underwriting or credit preferably in the financial services industry

* Ability to apply credit and risk principles toward business goals

* Demonstrated ability to synthesize, prioritize and drive results with a high sense of urgency

* Must be highly organized and able to work in a fast-paced environment managing multiple projects and possess effective interpersonal, organizational and analytic skills

* Solid organizational skills with ability and willingness to work under pressure and manages time and priorities effectively with little to no supervision

* Highly effective written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority

Education:

* Bachelor's/University degree or equivalent experience

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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Job Family Group: Risk Management
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Job Family:Credit Risk
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Time Type:Full time
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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.
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Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.
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