Real Estate Specialist

Citibank - More jobs by this advertiser
Real Estate Specialist-19036939

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.


Citi’s Mission and Value Proposition  explains what we do and Citi Leadership Standardsexplain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.


Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop to are widely available to all.


Brief Description of the Organization

CBNA is the primary legal entity for Citi, providing products and services to consumers, financial institutions and corporate clients around the world.  In the past, Citi has provided most of its internal reporting on a business by business basis.  With the changes in the regulatory environment, strong legal entity reporting and governance has become essential.  This team is responsible for ensuring that CBNA has the appropriate governance and control infrastructure to meet the demand for legal entity planning, execution, information management and the ever-evolving regulatory environment.

Description of the Position

 The COMMERCIAL REAL ESTATE UNDERWRITER/PORTFOLIO MANAGER will be an integral member of a team focused on the origination, structuring, underwriting and monitoring of Commercial Real Estate-secured Term Loans and Commitments for the Citi Private Bank.


For over 25 years, the Citi Private Bank has had a dedicated real estate lending team within the Private Bank, handling loans with ultra-high net worth individuals. Citi Private Bank has a lending portfolio ranging from office buildings, warehouses and distribution facilities to mixed-use, multi-family properties and retail centers. Citi Private Bank delivers competitive financing strategies for global commercial real estate clients for their investments across North America, the UK, Hong Kong, Singapore and Latin America.


The position is a Vice President level position and will offer a competitive salary package, with the potential to grow into other opportunities within Citi Private Bank and the global institution.



 Assume responsibility for the management of a credit portfolio of Commercial Real Estate relationships in the Private Bank.

 Work closely with Loan Originators to conduct required due diligence to evaluate and structure new Commercial Real Estate transactions,.

 Interact with clients, their financial representatives, and Private Bankers to obtain financial data and information needed to underwrite new credit transactions and maintain the existing credit portfolio.

 Assist the Loan Originators in championing new deals through the vetting and approval process with Risk Management.

 Perform credit analysis and underwriting of new deals and existing exposure (Annual Review process) under existing Product Program and Core Credit Policy guidelines.

 Manage the periodic covenant monitoring and compliance process for each relationship.

 Work with our Capital Markets desk in facilitating interest-rate swaps for respective CRE loans.

 Calculate capital returns and risk ratings through proprietary Bank models/systems to ensure appropriate pricing/exposure levels on new/existing transactions.

 Negotiate loan documentation with clients in consultation with Bank counsel.



 Excellent analytical/credit underwriting skills; ability to analyze rent rolls, commercial real estate leases, property cash flow projections, and personal financial statements of the property owners/Private Bank clients. In addition, a basic understanding of capital markets and its financial instruments.

 Completion of a credit training program and/or at least 2 – 3 years credit and lending experience in commercial real estate for a nationally known bank or financial institution is preferred.

 Strong organizational skills and the ability to manage time effectively in a fast paced environment.

 Strong communication and interpersonal skills, with both a team player attitude and ability to work independently.

 Mastery of MS Office Suite, including Word, Excel, Power Point, etc.


8 September 2019
Location: Canada Ontario Toronto
Work type:
Full time
Banking and Financial Services
PLEASE! No enquiries from Recruitment Agencies or Headhunters.

Only direct applications will be considered.

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