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Commercial Real Estate Underwriter

United Kingdom, London Employment contract · Job Posted November 01, 2025
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Job Description

The role of a Commercial Real Estate Underwriter is within Institutional Credit Management (ICM) at Citi, focusing on end-to-end credit underwriting, identification, measurement, and management of wholesale credit risk. The position involves responsibilities such as conducting in-depth financial analysis, supporting senior underwriters, monitoring credit relationships, and ensuring all transactions comply with regulatory and internal guidelines.

Job Responsibility

  • 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

Requirements

  • 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
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