CRE Portfolio Management Associate/VP

Citi • New York, NY

17d • $130,000 - $170,000

About The Position

Citi’s Global CRE Finance group is seeking an intermediate level portfolio / asset manager in business. The position will be based in NY and will be covering Citi’s balance sheet exposures globally (NAM, EMEA and APAC) with a focus of NAM region. Responsibilities: · Manage and track Citi's CRE portfolio movements ( maintain the portfolio database to ensure accuracy of all data to support strategic business reporting, planning, analysis and initiatives · Active credit surveillance of all balance sheet positions, including, but not limited to: financial analysis, updated underwriting, market research and sponsor financial conditions. Prepare quarterly / annual portfolio and loan reviews to be presented to senior management in business and risk · Manage asset management functions throughout the post-closing life cycle, including: loan servicing, future fundings, extension /modification requests, payoffs, tracking of required documentation and administrative/loan modification requests from sponsors and servicers · Monitor key global CRE business limits including risk weighted assets and risk capital, requiring constant coordination with teams in all regions · Manage P&L reconciliation with middle and back office functions to ensure accuracy of both revenue and financing charge · Project management of various data and processes initiatives in identified areas for improvement, covering the full loan cycle · Ad hoc analysis for senior management, auditors and regulators, including exposure analysis, portfolio/asset stress analyses, and others as appropriate. Qualifications: o 5-8 years of relevant experience in commercial real estate o Advanced MS Excel modeling skills; proficiency with MS office required; Familiar with database technology, relative experience preferred o Consistently demonstrates clear and concise written and verbal communication skills o Self-motivated and driven o Exceptional ability to collaborate across functions; Superior analytical and problem-solving o Ability to work under pressure in a rapidly changing environment in order to meet deadlines o Ability to work on multiple projects simultaneously Education: • Bachelor's degree/University degree or equivalent experience This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Requirements

• 5-8 years of relevant experience in commercial real estate
• Advanced MS Excel modeling skills; proficiency with MS office required; Familiar with database technology, relative experience preferred
• Consistently demonstrates clear and concise written and verbal communication skills
• Self-motivated and driven
• Exceptional ability to collaborate across functions; Superior analytical and problem-solving
• Ability to work under pressure in a rapidly changing environment in order to meet deadlines
• Ability to work on multiple projects simultaneously
• Bachelor's degree/University degree or equivalent experience

Responsibilities

• Manage and track Citi's CRE portfolio movements ( maintain the portfolio database to ensure accuracy of all data to support strategic business reporting, planning, analysis and initiatives
• Active credit surveillance of all balance sheet positions, including, but not limited to: financial analysis, updated underwriting, market research and sponsor financial conditions. Prepare quarterly / annual portfolio and loan reviews to be presented to senior management in business and risk
• Manage asset management functions throughout the post-closing life cycle, including: loan servicing, future fundings, extension /modification requests, payoffs, tracking of required documentation and administrative/loan modification requests from sponsors and servicers
• Monitor key global CRE business limits including risk weighted assets and risk capital, requiring constant coordination with teams in all regions
• Manage P&L reconciliation with middle and back office functions to ensure accuracy of both revenue and financing charge
• Project management of various data and processes initiatives in identified areas for improvement, covering the full loan cycle
• Ad hoc analysis for senior management, auditors and regulators, including exposure analysis, portfolio/asset stress analyses, and others as appropriate

Benefits

• In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.
• Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
• Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level