Multifamily Underwriter

Are you an experienced underwriter with a passion for the multifamily industry? Are you looking for a challenging and rewarding role at a global financial institution? Look no further! Citigroup is seeking a highly motivated and skilled Multifamily Underwriter to join our team. In this role, you will play a critical role in evaluating and underwriting multifamily loan applications. Your expertise and attention to detail will help us make informed lending decisions and support our mission of providing top-quality financial services to our clients. Join us and become a valuable member of our dynamic and diverse team!

1. Evaluate and underwrite multifamily loan applications in accordance with company policies and industry regulations.
2. Conduct thorough analysis of financial documents, credit reports, and market data to assess risk and determine loan eligibility.
3. Communicate with loan officers, clients, and third-party vendors to obtain necessary information and clarify any discrepancies.
4. Review property appraisals and conduct site visits to assess property condition and market demand.
5. Utilize financial models and risk management tools to accurately assess loan performance and identify potential issues.
6. Collaborate with various internal teams, including credit analysts, legal, and risk management, to ensure all aspects of the loan application are thoroughly evaluated.
7. Prepare and present comprehensive loan summaries and recommendations to senior management for approval.
8. Keep up-to-date with industry trends, market conditions, and regulatory changes to ensure compliance and inform decision-making.
9. Provide guidance and support to junior underwriters and assist with training new team members.
10. Maintain accurate and organized records of all underwriting activities and ensure compliance with company policies and procedures.
11. Continuously monitor and evaluate loan portfolio performance and make necessary recommendations for risk mitigation.
12. Participate in team meetings and provide valuable insights and recommendations for process improvements and workflow efficiency.
13. Represent the company in a professional and ethical manner and maintain positive relationships with clients, colleagues, and industry professionals.
14. Adhere to strict deadlines and manage multiple loan applications simultaneously.
15. Continuously strive to meet and exceed performance targets and contribute to the overall success of the company.

According to JobzMall, the average salary range for a Multifamily Underwriter in Nashville, TN, USA is approximately $63,000 to $95,000 per year. However, this can vary depending on factors such as experience, education, and the specific company or organization the individual works for.

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.