Citi Community Capital - Construction Asset Management Analyst, Multifamily Underwriting
Posted 2025-03-14About the position
The Citi Community Capital (CCC) Business within Citi's Institutional Credit Management (ICM) Division is seeking to hire a Multifamily Underwriting Analyst. Citi Community Capital (CCC) provides a suite of financial products to help affordable housing developers construct, rehabilitate, refinance, and acquire affordable multifamily housing across the country. Committed to the communities we serve, CCC finances both straightforward and highly structured transactions for non-profit and for-profit affordable housing developers, Community Development Financial Institutions, and state and local government agencies. It is the mission of CCC to be the preferred financial partner for affordable housing developers, non-profits and governmental entities that focus on community development. We provide our clients with a distinctive, remarkable experience based on world class responsiveness, customer service, creativity, and superior execution. This mission will be accomplished while delivering superior financial performance for Citi, consistent and impactful CRA results, and an inclusive and rewarding experience for our employees. The overall objective is to finance new construction and the preservation of affordable and workforce rental housing, as well as office, retail, warehouse/industrial, multifamily, hotel, and self-storage properties for Citigroup.
Responsibilities
? Interface with and support bankers in underwriting requests for commercial credit extensions for new and existing clients with ownership responsibilities for sound credit decisions and compliance with internal procedures/credit risk policy guidelines and standards.
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? Prepare a detailed written credit summary of commercial applicants requesting credit by analyzing the business, interpreting the finance need, identifying the strengths and prevailing risk factors and rendering a final credit decision.
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? Perform industry and geographical research and other due diligence as needed.
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? Maintain compliance with Citibank credit policies/practices and regulatory policies, to ensure business unit is in adherence to the above and receives satisfactory ratings from internal and external auditors.
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? Other duties as required to support business unit and company goals.
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? Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Requirements
? 2-5 years relevant experience
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? Degree in Quantitative Fields such as Economics, Engineering, Operations Research, Business Finance, or Mathematics.
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? Previous experience in credit risk management or equivalent training and experience preferably in the financial services industry.
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? Ability to apply credit and risk principles toward business goals.
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? Demonstrated ability to synthesize, prioritize and drive results with a high sense of urgency.
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? Must be highly organized and able to work in a fast-paced environment managing multiple projects and possess effective interpersonal, organizational and analytic skills.
Nice-to-haves
Benefits
? Medical, dental & vision coverage
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? 401(k)
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? Life, accident, and disability insurance
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? Wellness programs
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? Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays
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