At a Glance
- Tasks: Evaluate real estate transactions and manage valuation requests for properties worth up to $300MM.
- Company: Join Citi, a global financial institution dedicated to responsible financial services and economic progress.
- Benefits: Enjoy hybrid working, competitive salary, generous holidays, private medical insurance, and learning resources.
- Why this job: Be part of a dynamic team impacting communities while developing your career in real estate valuation.
- Qualifications: Must be a Chartered Valuer with solid commercial real estate experience and excellent communication skills.
- Other info: Citi promotes a diverse workplace where everyone can thrive and be their authentic selves.
The predicted salary is between 43200 - 72000 £ per year.
Are you looking for a career move that will put you at the heart of a global financial institution? By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
The Real Estate Collateral Senior Valuer is a Real Estate valuation professional who closely follows the latest trends in their field and adapts them for application within their job and the business. This position requires a keen interest in both Real Estate and Capital Markets. The successful individual will be accountable for significant results or authoritative advice regarding specific real estate transactions. They will assess risks taken in connection with Real Estate activities which include extensions of credit secured by liens on or interests in Real Estate, direct and indirect private equity and public market Real Estate investments, capital markets, construction lending, servicing, and any consumer or commercial loan undertaken when Real Estate security or any Real Estate activity, including disposition and acquisition of property, or an asset sale, or a refinancing is contemplated as a first or second way out.
What you’ll do:
- Receive, post, and coordinate all evaluations requests, primarily from the business. Requests can sometimes include portfolios of several hundred properties.
- Maintain database integrity, manage evaluations process and workflow, support work with the team with day-to-day operations, manage internal and external relationships, which includes business professionals.
- Perform a valuation review of major Real Estate assets valued up to $300MM USD and determine its acceptability without needing direct supervision.
- Dimension possible portfolio assignment risks related to staffing and vendor availability.
- Communicate assignment requirements and bid out valuation assessment assignments to vendors.
- Determine reasonableness of fee quotes.
- Perform reviews of externally prepared commercial valuations in compliance with Citigroup's appraisal (valuation) policy documents.
- Commit to precise data input within Citi's systems.
- Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm’s reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to policy, applying sound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.
What we’ll need from you:
- Solid commercial Real Estate valuation experience required, predominantly in UK / London.
- Credentialed as a Chartered Valuer by the Royal Institute of Chartered Surveyors, or an equivalent credential is mandatory.
- Overall good Real Estate knowledge or experience.
- Excellent communication (verbal and written) and diplomacy skills.
- Proficiency in MS Word and Excel as well as Discounted Cash Flow software such as Argus or Rockport VAL.
- The ability to manage time-sensitive projects, be a self-starter and a team player.
- Exceptional organisational and interpersonal skills as well as the ability to work well under pressure.
- Comprehensive understanding of applicable industry regulations and standards including US requirements set forth in USPAP and FIRREA.
- Bachelor's/University degree, Master’s degree preferred.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required. We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.
By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
- A discretional annual performance-related bonus.
- Private medical insurance packages to suit your personal circumstances.
- Employee Assistance Program.
- Pension Plan.
- Paid Parental Leave.
- Special discounts for employees, family, and friends.
- Access to an array of learning and development resources.
Alongside these benefits, Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energised to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
Risk - Real Estate Collateral Senior Valuer at Citi employer: Citi
Contact Detail:
Citi Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk - Real Estate Collateral Senior Valuer at Citi
✨Tip Number 1
Familiarise yourself with the latest trends in real estate valuation and capital markets. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in your field.
✨Tip Number 2
Network with professionals in the real estate and finance sectors. Attend industry events or join relevant online forums to connect with potential colleagues at Citi, which could give you insights into the company culture and expectations.
✨Tip Number 3
Brush up on your communication and diplomacy skills. As a Senior Valuer, you'll need to manage relationships with various stakeholders, so practice articulating your thoughts clearly and confidently.
✨Tip Number 4
Gain proficiency in software tools like Argus or Rockport VAL. Being well-versed in these applications will set you apart from other candidates and show that you're ready to hit the ground running.
We think you need these skills to ace Risk - Real Estate Collateral Senior Valuer at Citi
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your solid commercial Real Estate valuation experience, particularly in the UK/London. Emphasise any credentials you have, such as being a Chartered Valuer by the Royal Institute of Chartered Surveyors.
Craft a Compelling Cover Letter: In your cover letter, express your keen interest in both Real Estate and Capital Markets. Mention specific experiences that demonstrate your ability to assess risks and manage evaluations processes effectively.
Showcase Relevant Skills: Highlight your proficiency in MS Word, Excel, and any Discounted Cash Flow software like Argus or Rockport VAL. Also, mention your excellent communication skills and ability to work under pressure, as these are crucial for the role.
Research Citi: Familiarise yourself with Citi's mission and values. Understanding their commitment to compliance and ethical judgement will help you align your application with what they are looking for in a candidate.
How to prepare for a job interview at Citi
✨Showcase Your Valuation Expertise
Be prepared to discuss your experience in commercial real estate valuation, particularly in the UK and London. Highlight specific projects you've worked on, especially those involving significant asset values, to demonstrate your capability and confidence in this area.
✨Understand Citi's Values and Mission
Familiarise yourself with Citi's mission to serve as a trusted partner and their commitment to responsible financial services. This will help you align your answers with their values during the interview, showing that you're not just a fit for the role but also for the company culture.
✨Prepare for Technical Questions
Expect technical questions related to real estate valuation processes, risk assessment, and compliance with industry regulations. Brush up on relevant standards like USPAP and FIRREA, and be ready to explain how you apply these in your work.
✨Demonstrate Strong Communication Skills
Since the role requires excellent communication and diplomacy skills, practice articulating your thoughts clearly and concisely. Be ready to discuss how you've effectively managed relationships with internal and external stakeholders in past roles.