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Head of Rescu – Real Estate

United States, New York 250000.00 - 500000.00 USD / Year · Job Posted May 05, 2026

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Job Description

Institutional Credit Management (ICM) is a key pillar of the Client Organization and stands as Citi's first line of defense in-business credit risk function, overseeing all wholesale credit risk activities for institutional clients by delivering integrated, end-to-end excellence in wholesale credit underwriting, identification, measurement, management, and monitoring across the enterprise. The Credit Underwriting function (ICM UW) provides best-in-class credit analysis, expert underwriting, and first line-of-defense credit approval for periodic and material transaction reviews, alongside credit monitoring for Corporate Banking, Commercial Banking, Services, and Markets relationships, thereby safeguarding Citi’s credit exposures while helping drive new business with clients. The RESCU CRE Underwriting head manages a team of underwriters, covering large and complex relationships providing oversight across Commercial Real Estate, Corporate Loan Portfolio and Residential Real Estate globally , being responsible for all underwriting activities, in partnership with Spread Products Business and Risk. This role reports directly to the Head of ICM RESCU Credit Underwriting.

Job Responsibility

  • Executes, aligned with global and regional strategies, all responsibilities regarding underwriting, including, but not limited to: Adoption of leading practices in credit analysis, underwriting, and monitoring, including the end-to-end underwriting process, from early origination discussions to development of credit approval memos, and senior approval forums
  • Manage junior resources and serve as a key point of contact for the team for escalations / guidance as required
  • Perform a detailed review of the financial analysis, due diligence, projection modeling, stress testing, risk rating, and other in-depth analysis performed by junior resources
  • Review and approval of Credit Approval Memo (CAM) packages
  • Partner with front office on structuring and production of term sheet for new transactions
  • Facilitate relationships with key clients in Banking, Markets, and Risk (as applicable) and with key regulators, internal audit, and control functions
  • Support the Head of RESCU Credit Underwriting and the Head of ICM on strategic initiatives / projects as required

Requirements

  • 15+ years of experience, including 10+ years' managerial experience
  • Proven ability to effectively engage with regulators and internal control functions including Internal Audit and Fundamental Credit Risk as well as with external audit
  • Demonstrates strong ethics and integrity
  • Ability to see the 'big picture' in a complex environment
  • Can make decisions under pressure and short timeline
  • Excellent verbal & written communication skills. Active listening skills
  • Excellent presentation skills – adept at presenting effectively to audiences of various sizes and various constituencies
  • Bachelor’s/University degree, Master’s degree preferred
  • Analytical Thinking
  • Constructive Debate
  • Escalation Management
  • Financial Analysis
  • Policy and Procedure
  • Policy and Regulation
  • Product Knowledge
  • Risk Controls and Monitors
  • Risk Identification and Assessment

What we offer

  • medical, dental & vision coverage
  • 401(k)
  • life, accident, and disability insurance
  • wellness programs
  • paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

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