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Underwriting Team Lead - Residential Real Estate & Commercial Real Estate

https://www.citi.com/ Logo

Citi

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Location:
United Kingdom , London

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Category:
-

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Contract Type:
Not provided

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Salary:

Not provided

Job Description:

The Underwriting Team Lead is a seasoned professional role leading a team of RRE and CRE underwriters in new business and existing portfolio management. Applies in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and work-flow for the area or function. Integrates subject matter and industry expertise within a defined area.

Job Responsibility:

  • Manage the RRE and CRE Underwriting Team
  • Oversee new business requests, ongoing portfolio management, ad-hoc project management and some third-party vendor management
  • Serve as a key contact for residential mortgage product underwriting process
  • Originate, structure and transact residential and commercial real estate loans
  • Work closely with 2nd Line of Defence
  • Ensure ongoing effective portfolio management
  • Ensure all necessary internal and external reporting requirements are completed in a timely manner
  • Work closely with RRE and CRE Product Head and wider Lending Leadership Team on policy updates and strategy
  • Take a leading role in Internal Audit and BICR reviews
  • Provide regular input to the Private Bankers, Risk and management in terms of MIS, competitive feedback, key client status reports, promotional opportunities, etc.
  • Manage and assign all activities within the team
  • Obtain relevant information from all parties in the lending cycle
  • Lead a deal team that requires effective participation and contribution
  • Understand and interpret complex financials for credit assessment
  • Understand complex mortgage structuring
  • Appropriately assess risk when business decisions are made

Requirements:

  • CeMAP qualification
  • Senior Credit Officer (SCO) or equivalent
  • Bachelor's/University degree or equivalent experience
  • Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience
  • Honesty, integrity and reputation
  • Financial soundness
  • Competence and capability

Additional Information:

Job Posted:
March 21, 2025

Employment Type:
Fulltime
Work Type:
Hybrid work
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