Structured Asset Manager/Underwriter - ICM UW CCC

The Citi Community Capital (CCC) Business within Citi’s Institutional Credit Management (ICM), is seeking to hire a Structured Asset Manager / Underwriter. 

Citi Community Capital (CCC) provides a suite of financial products to help affordable housing developers construct, rehabilitate, refinance, and acquire affordable multifamily housing across the country. Committed to the communities we serve, CCC finances both straightforward and highly structured transactions for non-profit and for-profit affordable housing developers, Community Development Financial Institutions, and state and local government agencies.

It is the mission of CCC to be the preferred financial partner for affordable housing developers, non-profits and governmental entities that focus on community development. We provide our clients with a distinctive, remarkable experience based on world class responsiveness, customer service, creativity, and superior execution. This mission will be accomplished while delivering superior financial performance for Citi, consistent and impactful CRA results, and an inclusive and rewarding experience for our employees.

Position Responsibilities:

• Analyze the financial feasibility of new structured lending investment and new CRE private equity investment transactions.

• Review diligence and prepare credit memorandums and financial analysis materials which are presented to credit committee for approval.

• Manage communications among a diverse mix of internal and external participants including borrowers and fund managers, admin agents, legal (internal and external) business originators within Structured Lending and Investments (SLI) , independent risk and all exposure approvers.

• Manage requests from external borrowers or fund managers on any credit extension or modification requests.

• Conduct annual credit reviews and Classified Credit Memos (where applicable) on SLI lending facilities and Housing Finance Agency issued investment securities.

• Participate in the quarterly Equity Risk Review (ERR) process for the SLI equity portfolio.

• Effectively communicate with senior business managers on portfolio performance and potential impacts to returns and risks.

Qualifications:

• 5-8 years relevant experience

• Previous experience in credit card risk management or equivalent training and experience 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

Additional Qualifications:

• BA/BS level degree in Business, Economics, Real Estate Finance and/or prior real estate loan underwriting or relevant Credit Risk evaluation experience.

• Ability to analyze structured lending and equity transactions for feasibility and assess market factors, critical risks and mitigants.

• Excellent communication, organization, and interpersonal skills, as well as the ability to multi-task under tight deadlines.

• High attention to detail and the desire to take ownership of a process to drive towards resolutions.

• Individual must have excellent communication, organizational, analytical and interpersonal leadership skills, as well as the ability to multi-task under tight deadlines

• Proficiency in MS Office applications is preferred.

• Adhere to and promote a culture of excellence, ethics and regulatory compliance.

• Desire to work in a fast-paced environment.

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.

-------------------------------------------------

Job Family Group:

-------------------------------------------------

Job Family:

------------------------------------------------------

Time Type:

------------------------------------------------------

Primary Location:

------------------------------------------------------

Primary Location Salary Range:

------------------------------------------------------

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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 the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting