The Wealth Management Underwriter is a developing professional role. This is a role to support the Real Estate other Structured Lending and lending in Asia Pacific (covering products like residential real estate, commercial real estate, insurance premium financing)
Responsibilities:
RRE Underwriting
Provide support to Transactor which includes credit underwriting, end-to-end transaction processing and post-transaction portfolio management for credit facilities facilities.
Compilation of information and performing of credit analysis
Ensure all credit analysis are in compliance with local regulations, the Product Programs, Citi Credit Policy and other related CPB Policies and Standards
Prepare credit memo and facilitate credit approval
Liaise with Valuers and Legal counsel for valuation report, loan documentation and deal closing (include line availment and funding)
Work closely with credit controllers to complete systemic set up
Annual review of the classifiably managed facilities.
Deal with any ad-hoc requests from compliance or senior management as required (including portfolio reviews and CCAR)
Interact with auditors (internal and external) and regulators for underwriting related matters.
General Support This would cover among other things,
Insurance request, renewal and related approvals
Covenant or credit approval condition monitoring
Valuation updates
Work with the data repoirting teams and other underwriters for the Annual Net AUM test for the HK Real Estate portfolio
Review annual land search for the HK Real Estate portfolio
Assisting in Real Estate program manager and transactor for the periodic Portfolio Management, reporting and remedial management
Participating in Strategic / Ad hoc projects, system enhancements, Compliance review, Internal Audit, and other control activities
Qualifications:
4 to 5 years relevant experience
Strong analytical, financial structuring and execution skills
An in depth knowledge and understanding of Financial Analysis including Financial and cash flow modelling
Good administrative and organizational skills
Attention to detail and adherence to policies and procedures
Good working knowledge of Excel, Word and PowerPoint
Good communication (written and verbal)
Team Player
Knowledge or ability to quickly understand the core Private Banking lending systems. Ability or working knowledge of understanding the supporting systems including the loan booking, reporting systems and document management systems.
Good working knowledge of Citibank's Credit Policies, Product Programs and Citi Policies would be an advantage
Education:
Bachelor's/University degree or equivalent experience
Job Family Group: Private Client Product Services Job Family: IF Lending Generalist Time Type: Full time Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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