Senior Special Assets Officer

4 weeks ago


Los Angeles, California, United States City National Bank Full time
About the Role

City National Bank is seeking a highly skilled Senior Special Assets Officer to join our team. As a key member of our Special Assets group, you will be responsible for managing a portfolio of problem consumer, commercial, real estate, and syndicated loans.

Key Responsibilities
  • Investigate, analyze, and evaluate the condition of borrowers to identify problems in the credit.
  • Develop strategies to maximize recovery and reduce losses from portfolios.
  • Negotiate and interface with executives, attorneys, and certified public accountants to develop action plans to rehabilitate or exit credits.
  • Create and prepare reports on portfolio status, proposed action plans, performance tracking, forecasting losses, and recommendations for charge-offs.
  • Coordinate with other Bank departments and external regulators to pursue the best course of action for the Bank.
Requirements
  • Bachelor's Degree or equivalent.
  • Minimum of 7 to 10 years of experience in special assets in C&I, Real Estate, and/or fulfilling a lead agency role of a syndicated credit.
  • SAFE Act Registration.
  • Strong working knowledge of analysis of corporate financial statements, cash flow statements, and commercial/corporate structure.
  • Excellent verbal and written communication skills.
  • Strong working knowledge of the Microsoft Suite.
What We Offer

City National Bank offers a competitive salary range of $127,626 - $237,014 per year, with opportunities for bonus and/or commissions. We also offer a comprehensive benefits package and a dynamic work environment.



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