Environmental and Engineering Risk Manager, Commercial Real Estate

<strong>Company Overview<br><br></strong>Citi, a leading global financial services company, is seeking an experienced and highly motivated Environmental and Engineering Risk Manager to join its Commercial Real Estate group. This role will play a critical part in assessing and mitigating environmental and engineering risks associated with our commercial real estate portfolio, ensuring sound lending practices and compliance with regulatory requirements.<br><br><strong>Job Summary<br><br></strong>The Environmental and Engineering Risk Manager will be responsible for overseeing the identification, assessment, and management of environmental (e.g., contamination, regulatory compliance) and engineering (e.g., structural integrity, property condition) risks related to commercial real estate transactions and existing portfolio assets. This role involves conducting due diligence, reviewing third-party reports, providing expert advice to internal stakeholders, and ensuring adherence to Citi's risk policies and industry best practices. The successful candidate will have a strong background in environmental science, engineering, and commercial real estate finance.<br><br><strong>Key Responsibilities<br><br></strong><ul><li>Risk Assessment and Due Diligence:</li><ul><li>Perform comprehensive environmental and engineering risk assessments for new commercial real estate loans, acquisitions, and portfolio assets.</li><li>Review and analyze Phase I and Phase II Environmental Site Assessments (ESAs), Property Condition Assessments (PCAs), seismic reports, geotechnical reports, and other relevant third-party technical reports.</li><li>Identify potential environmental liabilities (e.g., hazardous materials, mold, asbestos, lead-based paint, wetlands, regulatory non-compliance) and physical property risks.</li></ul><li>Reporting and Analysis:</li><ul><li>Prepare detailed reports summarizing findings, recommending risk mitigation strategies, and providing clear, concise actionable advice to credit officers, portfolio managers, and legal teams.</li><li>Evaluate the financial impact of identified risks and propose appropriate reserves or covenants.</li></ul><li>Compliance and Regulatory Adherence:</li><ul><li>Ensure all environmental and engineering risk management activities comply with internal Citi policies, industry standards, and relevant federal, state, and local environmental regulations (e.g., CERCLA, RCRA, Clean Water Act, Clean Air Act).</li><li>Stay abreast of changes in environmental laws, regulations, and industry best practices.</li></ul><li>Stakeholder Collaboration:</li><ul><li>Collaborate closely with internal credit, legal, workout, and asset management teams to integrate environmental and engineering risk considerations into decision-making processes.</li><li>Manage relationships with external environmental consultants and engineering firms, overseeing their scope of work and reviewing deliverables.</li></ul><li>Portfolio Monitoring:</li><ul><li>Assist in ongoing monitoring of portfolio assets for emerging environmental or physical risks.</li><li>Provide support for troubled assets, including environmental remediation oversight or property repair strategies.<br></li></ul><strong>Qualifications<br><br></strong><strong>Required Qualifications<br><br></strong><ul><li>Education: Bachelor's degree in Environmental Science, Environmental Engineering, Civil Engineering, Geology, or a related field. Master's degree preferred.</li><li>Experience:</li><ul><li>7+ years of experience in environmental and/or engineering risk management within the commercial real estate or financial services industry.</li><li>Demonstrated experience conducting and reviewing environmental site assessments (Phase I & II ESAs) and property condition assessments (PCAs).</li><li>Strong understanding of federal, state, and local environmental regulations and their application to commercial real estate.</li></ul><li>Skills:</li><ul><li>Excellent analytical and problem-solving skills with the ability to interpret complex technical reports.</li><li>Strong written and verbal communication skills, capable of explaining technical concepts to non-technical audiences.</li><li>Ability to manage multiple projects simultaneously and work effectively under pressure.</li><li>Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).<br></li></ul><strong>Preferred Qualifications<br><br></strong><ul><li>Experience with portfolios, seismic risk assessment, structural assessment, or remedial /Phase II activities. </li><li>Knowledge of green building standards and sustainable development practices.</li><li>Prior experience in a large financial institution or national due diligence consulting firm.<br><br></li></ul>------------------------------------------------------<br><br><strong>Job Family Group: <br><br></strong>Institutional Banking<br><br>------------------------------------------------------<br><br><strong>Job Family:<br><br></strong>Investment Banking<br><br>------------------------------------------------------<br><br><strong>Time Type:<br><br></strong>Full time<br><br>------------------------------------------------------<br><br><strong>Primary Location:<br><br></strong>New York Telecommuter<br><br>------------------------------------------------------<br><br><strong>Primary Location Full Time Salary Range:<br><br></strong>$200,000.00 - $300,000.00<br><br>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. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.<br><br>------------------------------------------------------<br><br><strong>Most Relevant Skills<br><br></strong>Please see the requirements listed above.<br><br>------------------------------------------------------<br><br><strong>Other Relevant Skills<br><br></strong>For complementary skills, please see above and/or contact the recruiter.<br><br>------------------------------------------------------<br><br><strong>Anticipated Posting Close Date:<br><br></strong>Mar 10, 2026<br><br>------------------------------------------------------<br><br><em>Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.<br><br></em><em>If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.<br><br>View Citi’s EEO Policy Statement and the Know Your Rights poster.</em></ul></ul>

Back to blog

Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...