Commercial Real Estate Underwriter, Citi

Citi

Location:
India, Mumbai

Category:
Banking

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

The Analyst will hold a critical role within the Real Estate and Structured Credit Underwriting (RESCU) team administering a multi-billion dollar portfolio of real estate and asset securitization transactions. The analyst will support monitoring and underwriting process in conventional and affordable housing as well as related real estate sectors such as covering REITS/REOC, casino/gaming, and homebuilders.

Job Responsibility:

Conduct comprehensive financial analysis of Commercial Real Estate properties (e.g., multi-family, office, industrial, retail, hospitality) and associated sponsors/borrowers, including historical performance, pro forma projections, rent rolls, operating statements, and balance sheet analysis
Develop and maintain complex financial models (DCF, valuation, sensitivity analysis) specific to various CRE asset types and transaction structures (e.g., acquisition, development, refinance)
Prepare well-reasoned and succinct credit approval request memorandums, highlighting key risks, mitigants, and actionable recommendations
Conducts projection modeling, stress testing and other analyses using research and evaluations from a wide variety of sources
Support Senior Underwriters in making recommendations/credit decisions, including risk ratings and regulatory classifications, using both quantitative models and qualitative judgment
Oversees periodic relationship credit monitoring including preparing Annual Reviews (ARs), Quarterly Reviews (QRs), and Criticized Credit Reviews (CCRs), ensuring effective information sharing and timely execution within global time zones
Proactively identify early warning signs of credit deterioration and elevate concerns to senior portfolio managers, proposing corrective actions
Review and validate the quality of financial spreads, reports, and static data updates
Supports the Senior Underwriter and Underwriter during internal reviews (BICR, COBRA, IA) and external regulatory exam responses
Prepare executive-level materials and presentations summarizing complex financial analysis and risk assessments
Ensures all transactions are in compliance with regulatory and Citi guidelines, policies and procedures
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

Requirements:

3-6 years of relevant experience
Previous experience working directly in Commercial Real Estate underwriting or credit preferably in the financial services industry
Strong financial modeling experience in Microsoft Excel, including complex financial modeling, data manipulation, and scenario analysis
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
MBA or CFA or CA

What we offer:

Extensive on-the-job training and exposure to senior leaders
More traditional learning
Opportunity to give back and make a positive impact through volunteerism

Additional Information:

Job Posted:
October 28, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Commercial Real Estate Underwriter