Description
Overview
Citigroup is seeking an analyst with 1-3 years of experience to join the CMBS Large Loan Group. The candidate’s primary focus will be assisting on the origination/underwriting of commercial real estate loans for Single Asset / Single Borrower securitizations and balance sheet lending.
Key Responsibilities
- Prepare financial models and detailed underwritings for the evaluation of loan opportunities across all commercial real estate property types.
- Perform all aspects of the due diligence process for prospective loans, including analyzing property and portfolio-level data, undertaking in-depth market research, and reviewing third party reports including appraisals, property condition assessments and environmental condition reports.
- Perform site inspections on prospective financing collateral.
- Prepare credit memorandums for various loan committees, rating agencies and securitization.
- Participate in the loan closing process, including review of legal loan documents and coordination of the closing with lender's and borrower’s counsel, and in-house closing coordinator.
- Interact closely with securitization and capital markets colleagues in connection with the execution of CMBS and syndicated balance sheet transactions.
- Assist in the asset management of balance sheet loans, including ongoing loan surveillance and preparation of quarterly reviews.
Basic Qualifications
- 1-3 years of relevant commercial real estate finance or CMBS experience, preferably underwriting loans
- A bachelor’s degree required
- Excellent Excel and cash flow modeling skills
- Proficiency in Argus
- Exceptional attention to detail
- Strong oral and written communications skills
- Ability to take initiative and work independently, as well as work closely with fellow team members in a collaborative environment
- Willingness to travel
This job is no longer active.