Real Estate Risk 2LOD Sr. Lead Analyst, Senior Vice President

Citi • Irving, TX

2d • $141,440 - $212,160

About The Position

The Real Estate Risk 2LOD Sr. Lead Analyst performs critical reviews of externally prepared commercial appraisals to assess whether value conclusions are credible and reports comply with applicable requirements. The role manages review processes for individual assets and portfolios, potentially leading review appraisers and coordinating with participating financial institutions. It contracts with and manages vendors to ensure timely delivery and quality, and maintains assignment status in a shared tracking system.

The position may lead ad hoc teams for valuation due diligence or special projects; prepare market studies and internal appraisals; provide deal-specific market intelligence to lenders; analyze sensitivities in property cash flow projections; and assess the feasibility of complex investments. It resolves policy compliance issues and unreasonable conclusions, advises risk managers on complex real estate matters, and provides balanced assessments of property risk. The portfolio of work includes a wide variety of U.S. property types, from individual assets to portfolios of several hundred properties.

Requirements

• At least 10 years of appraisal experience; at least 3 years in a lending institution is preferred.
• Bachelor’s degree; advanced degrees may also be held.
• Completion and passage of all Appraisal Institute classes necessary for the MAI designation, or equivalent education.
• State Certified General Appraiser credential.
• Broad and deep commercial appraisal expertise across major property types, including office, retail, industrial, multifamily, and special-purpose properties such as self-storage, hotels, and student housing.
• Strong understanding of the characteristics that affect property value and high productivity and efficiency as a reviewer.
• Ability to work autonomously with little direction on single properties valued at $100 million or more; considered a subject matter expert in commercial appraisal.
• Proficiency with MS Office, outstanding proficiency in Argus and Rockport VAL DCF software, and proficiency in MS Excel.
• Comprehensive understanding of USPAP and good understanding of FIRREA and subsequent regulatory policies concerning appraisals.
• Outstanding analytical skills and strong interpersonal skills.
• Ability to work under pressure and multitask, with outstanding organization and management skills.
• Strong verbal and written communication skills, effective decision-making ability, and outstanding problem-solving skills.
• Ability to sustain good relationships with internal clients and vendors.

Nice To Haves

• At least 3 years of appraisal experience in a lending institution.
• Advanced degree.

Responsibilities

• Critically review externally prepared commercial appraisals for credible value conclusions and compliance with applicable requirements.
• Manage appraisal reviews for single assets and portfolios, including leading review appraisers and coordinating with participating financial institutions.
• Contract with vendors and manage them to ensure on-time delivery and quality work.
• Maintain timely assignment status in a common job tracking system.
• Lead ad hoc teams for valuation due diligence or special projects when needed.
• Prepare market studies and internal appraisals, provide market intelligence to lenders on specific deals, perform sensitivity analyses of property cash flow projections, and evaluate complex investment feasibility as needed.
• Resolve issues involving noncompliance with Citi policies or unreasonable conclusions.
• Advise risk managers on complex real estate issues and provide balanced views of property-related risk.
• Review properties across a wide range of types and U.S. markets, from individual assets to large portfolios.

Benefits

• Medical, dental, and vision coverage
• 401(k)
• Life, accident, and disability insurance
• Wellness programs
• Paid time off, including planned vacation, unplanned sick leave, and paid holidays
• Discretionary and formulaic incentive and retention awards for eligible employees

What This Job Offers

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