Multifamily Underwriter

Are you a skilled underwriting professional with a passion for the multifamily industry? Do you thrive in a fast-paced, dynamic work environment and possess exceptional analytical and decision-making abilities? If so, then we have the perfect opportunity for you. Citigroup is seeking a Multifamily Underwriter to join our team and help drive our continued success in the multifamily lending market. As a key member of our underwriting team, you will be responsible for evaluating and underwriting multifamily loan applications, ensuring compliance with company policies and industry regulations. If you have the necessary qualifications and a strong desire to make an impact, we encourage you to apply for this exciting opportunity.

1. Evaluate and underwrite multifamily loan applications in accordance with company policies and industry regulations.
2. Utilize exceptional analytical and decision-making abilities to accurately assess risk and determine loan eligibility.
3. Conduct thorough research and analysis of market trends, property financials, and borrower qualifications to inform underwriting decisions.
4. Collaborate with loan officers, credit analysts, and other team members to gather necessary information and ensure timely and accurate completion of loan underwriting.
5. Maintain a strong understanding of current market conditions and industry trends to inform underwriting decisions and identify potential risks.
6. Communicate effectively with borrowers and internal stakeholders to gather necessary information and provide updates on loan underwriting process.
7. Ensure compliance with all applicable federal, state, and local laws and regulations, as well as company policies and procedures.
8. Identify and escalate any potential issues or concerns to management in a timely manner.
9. Continuously seek opportunities to improve and streamline the underwriting process.
10. Stay updated on industry best practices and incorporate them into the underwriting process.
11. Provide guidance and support to junior underwriters and assist with training as needed.
12. Collaborate with other departments, such as loan servicing and legal, to facilitate loan closings.
13. Represent the company in a professional manner and maintain positive relationships with borrowers and industry partners.
14. Meet or exceed individual and team performance goals and contribute to the overall success of the multifamily lending division.
15. Uphold the company's values and mission in all job duties and interactions with others.

According to JobzMall, the average salary range for a Multifamily Underwriter in Irvine, CA, USA is $80,000-$120,000 annually. This range can vary depending on factors such as experience, education, and the specific company and position. Salaries may also include bonuses, commission, and other benefits.

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.