-
Multifamily Underwriter, AVP
2 days ago
Citigroup Inc Los Angeles, United StatesThe Citi Community Capital (CCC) Business within Citi's Institutional Credit Management (ICM) Division, is seeking to hire a Multifamily Underwriter / Asset Manager.Citi Community Capital (CCC) provides a suite of financial products to help affordable housing developers construct ...
-
Multifamily Underwriter, VP
1 week ago
Hispanic Technology Executive Council Los Angeles, United StatesThe Citi Community Capital (CCC) Business within Citis Institutional Credit Management (ICM) Division, is seeking to hire a Multifamily Underwriter / Asset Manager. · Citi Community Capital (CCC) provides a suite of financial products to help affordable housing developers constr ...
-
Multifamily Underwriter, VP
1 week ago
Hispanic Technology Executive Council Los Angeles, United StatesThe Citi Community Capital (CCC) Business within Citis Institutional Credit Management (ICM) Division, is seeking to hire a Multifamily Underwriter / Asset Manager. · Citi Community Capital (CCC) provides a suite of financial products to help affordable housing developers constru ...
-
Multifamily Underwriter, VP
1 week ago
Hispanic Technology Executive Council Los Angeles, United StatesThe Citi Community Capital (CCC) Business within Citis Institutional Credit Management (ICM) Division, is seeking to hire a Multifamily Underwriter / Asset Manager. · Citi Community Capital (CCC) provides a suite of financial products to help affordable housing developers constr ...
-
Multifamily Underwriter, AVP
1 week ago
Citigroup Inc Los Angeles, United StatesThe Citi Community Capital (CCC) Business within Citis Institutional Credit Management (ICM) Division, is seeking to hire a Multifamily Underwriter / Asset Manager. · Citi Community Capital (CCC) provides a suite of financial products to help affordable housing developers constr ...
-
Multifamily Underwriter, AVP
2 weeks ago
Citigroup Inc Los Angeles, United StatesThe Citi Community Capital (CCC) Business within Citi's Institutional Credit Management (ICM) Division, is seeking to hire a Multifamily Underwriter / Asset Manager. · Citi Community Capital (CCC) provides a suite of financial products to help affordable housing developers constr ...
-
Debt Production/loan Asset Management Assoc
4 days ago
MetLife Los Angeles, United StatesCountry- United States- Working Schedule- Full-Time- Work Arrangement- Hybrid- Travel Required- 10%- Relocation Assistance Available- No- Posted Date- 07-May-2024- Job ID- 2594**Description and Requirements**: · **Debt Production & Loan Asset Management Associate** · **Associate ...
-
Investments Associate
1 week ago
CIM Group, LP Los Angeles, United States**ABOUT CIM GROUP**: · CIM Group is a community-focused owner, operator, lender and developer of real assets headquartered in Los Angeles, California. We are 1000+ employees strong around the world, with more than $29B in assets owned and operated. Our projects have delivered job ...
-
Pimco Prime Real Estate Working Student
1 hour ago
PIMCO Prime Real Estate Los Angeles, United StatesPosition: Real Estate - Commercial Mortgage Investments - Working Student Program · Location: Los Angeles Office · **QUALIFICATIONS** · - Real estate focused course completion required · - Strong oral and written communications skills · - Strong analytical/quantitative skills · - ...
-
Analyst, Cre Loan Origination
1 week ago
SitusAMC Los Angeles, United StatesSitusAMC is where the best and most passionate people come to transform our client's businesses and their own careers. Whether you're a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, ...
-
Cre Loan Review Specialist Ii
2 weeks ago
City First Bank N.A. Inglewood, United States: · **WHO WE ARE** · **City First Bank N.A. **is a mission-driven Community Development Financial Institution (CDFI) principally focused on a transformative impact in underserved, urban markets with the highest needs to drive equitable economic development. Our lending activities ...
-
Cre Loan Review Specialist Ii
2 weeks ago
City First Bank, N.A. Inglewood, United States**City First Bank N.A.** is a mission-driven Community Development Financial Institution (CDFI) principally focused on a transformative impact in underserved, urban markets with the highest needs to drive equitable economic development. Our lending activities are purely commercia ...
-
Senior Commercial Underwriter
1 week ago
jcw llc Los Angeles, United StatesI've partnered with a leading C-PACE lender in the Southern California area looking for a skilled Senior Commercial Underwriter to join their team. Reporting directly to the head of underwriting, you will be coming in as an individual contributor and be responsible for handling c ...
-
Senior Commercial Underwriter
1 week ago
jcw llc Los Angeles, United StatesI've partnered with a leading C-PACE lender in the Southern California area looking for a skilled Senior Commercial Underwriter to join their team. Reporting directly to the head of underwriting, you will be coming in as an individual contributor and be responsible for handling c ...
-
Credit Officer
4 days ago
Echo Company Los Angeles, United StatesOur client, a leading real estate financing company located in San Diego, CA, is seeking a Senior Underwriter to add to their dynamic and growing team. This role will report to the Managing Director of Underwriting and will work with established real estate professionals while me ...
-
Acquisitions Manager
1 week ago
TruAmerica Multifamily Los Angeles, United StatesAbout Us · Founded in July 2013, TruAmerica Multifamily is a partnership between industry veteran Robert E. Hart and he Guardian life Insurance Company of America. The company is based on the premise that tremendous upside potential remains in mid-tier apartment communities that ...
-
Private Money Account Executive
5 days ago
Dunmor Woodland Hills, United States**Job Summary, Responsibilities, Qualifications, and Requirements** · **About Dunmor** · Dunmor is a direct lender for residential and multifamily real estate investors. We specialize in senior debt financing with products such as bridge loans, value-add loans, new construction l ...
-
Construction Loan Originator
5 days ago
Dunmor Woodland Hills, United States**Job Summary, Responsibilities, Qualifications, and Requirements** · **About Dunmor** · Dunmor is a direct lender for residential and multifamily real estate investors. We specialize in senior debt financing with products such as bridge loans, value-add loans, new construction l ...
-
Construction Loan Account Executive
5 days ago
Dunmor Woodland Hills, United States**Job Summary, Responsibilities, Qualifications, and Requirements** · **About Dunmor** · Dunmor is a direct lender for residential and multifamily real estate investors. We specialize in senior debt financing with products such as bridge loans, value-add loans, new construction l ...
-
Bridge Loan Originator
5 days ago
Dunmor Woodland Hills, United States**Job Summary, Responsibilities, Qualifications, and Requirements** · **About Dunmor** · Dunmor is a direct lender for residential and multifamily real estate investors. We specialize in senior debt financing with products such as bridge loans, value-add loans, new construction l ...
Multifamily Underwriter, VP - Los Angeles, United States - Citibank
Description
The Citi Community Capital (CCC) Business within Citi's Institutional Credit Management (ICM) Division, is seeking to hire a Multifamily Underwriter / Asset Manager.
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.
Responsibilities:
Manage the ongoing performance and oversee the credit quality of an active portfolio of loans that are collateralized by affordable multifamily developments located throughout the United States by:
Working with internal and external partners in loan servicing, credit risk, Borrowers, and the servicer to process borrower requests (ex: lease reviews, Borrower restructures, property management changes, etc)
Reviewing loan documents and third-party reports to determining compliance requirements.
Independently and proactively monitor loans for covenant compliance and adherence to terms and conditions under the loan documents, taking a leadership role in problem solving and resolving any past due issues.
Preparing and presenting credit recommendations for material credit actions that require credit committee approval such as loan extensions, modifications, restructures.
Conducting annual review of the loan facility by analyzing project performance, market conditions, and underlying liquidity sources.Proactively identifying and escalating issues that warrant additional investigation and internal discussion such as declining property performance, stressed DSCR, depleted operating reserves, and property condition, recommending and processing classification changes.
Conducting periodic risk rating analysis on the loan facility.Updating the property valuations through internal assessments or external appraisals based on current market conditions and overall performance of the property.
Managing multiple processes simultaneously through a high level of organization and efficiency.Qualifications:
Individual must have excellent verbal and written communication skills, organizational and interpersonal skills, as well as the ability to manage multiple assignments at once under tight deadlines.
Energetic individual who shows initiative, is a team player, and has a positive attitude to change.
Candidate is required to have at least 2 years asset management/underwriting experience in the affordable housing industry.
Education:
BA/BS in Finance or Real Estate preferred
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:
Risk Management
Job Family:
Credit Decisions
Time Type:
Full time
Primary Location:
Los Angeles California United States
Primary Location Full Time Salary Range:
$123, $185,040.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.
Citi offers competitive employee benefits, including:
medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
For additional information regarding Citi employee benefits, please visit Available offerings may vary by jurisdiction, job level, and date of hire.
Anticipated Posting Close Date:
May 09,
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 reviewAccessibility 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
#J-18808-Ljbffr