Multifamily Underwriter

As a Multifamily Underwriter at Citigroup, you will play a crucial role in evaluating and analyzing multifamily loan applications to determine the risk and potential profitability for the company. Our ideal candidate is a highly motivated and detail-oriented individual with a strong understanding of underwriting principles and a passion for the real estate industry. In this role, you will collaborate with a team of experienced professionals to make informed decisions that drive the success of our multifamily lending business. If you are looking for a challenging and rewarding career with a leading financial institution, we encourage you to apply for this opportunity.

1. Evaluate and analyze multifamily loan applications to determine risk and potential profitability for the company.
2. Ensure compliance with internal policies and external regulations while underwriting loans.
3. Collaborate with a team of professionals to gather and analyze data related to multifamily properties and loans.
4. Conduct thorough financial analysis and review of applicant's credit history to assess risk.
5. Use underwriting principles and industry knowledge to make informed decisions on loan approvals and terms.
6. Communicate effectively with loan officers, borrowers, and other relevant parties to gather necessary information and address any concerns.
7. Prepare comprehensive loan summaries and present recommendations to senior management.
8. Monitor and track loan performance and provide recommendations for loan modifications or risk mitigation strategies when necessary.
9. Stay up-to-date with industry trends, regulations, and best practices in multifamily underwriting.
10. Contribute to the development and improvement of underwriting processes and procedures.
11. Maintain accurate and organized records of loan applications and underwriting decisions.
12. Provide excellent customer service and build strong relationships with internal and external stakeholders.
13. Meet or exceed individual and team goals for loan production and profitability.
14. Participate in training and professional development opportunities to enhance skills and knowledge.
15. Uphold the reputation and values of Citigroup in all interactions and decisions.

According to JobzMall, the average salary range for a Multifamily Underwriter in Charlotte, NC, USA is $70,000-$90,000 per year. This can vary based on factors such as experience, education, and the specific company or organization hiring. Additionally, bonuses and benefits may also impact the overall salary range for this position.

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.