Senior Credit Risk Specialist
4 weeks ago
We are seeking a seasoned Credit Officer II to join our Fund Finance Team at City National Bank. This is an exciting opportunity to leverage your expertise in underwriting capital call and subscription loans, while contributing to the success of our clients.
Job SummaryThe successful candidate will be responsible for providing credit and loan underwriting expertise to the capital call and subscription lending group within the Fund Finance Team. This includes analyzing prospective loan transactions, evaluating credit worthiness of borrowers, and validating credit analysis prepared by junior analysts.
You will work closely with our Relationship Managers, Team Managers, and Credit Manager to ensure that all due diligence and background evaluation is complete and thorough before submitting a Credit Risk Recommendation (CRR).
Key Responsibilities- Review loan requests, LPAs, LP lists, PPMs, and historical financial information to determine credit structure and terms; fully underwrite CRR consistent with Bank format, policies, and procedures.
- Evaluate industry data, competitive factors, historical performance, projected results, risks, and mitigating factors to ensure accurate and well-supported credit recommendations.
- Collaborate with Relationship Managers and Credit Manager to develop appropriate credit strategies and provide balanced credit guidance.
- Assume accountability for minimizing Bank losses and ensuring compliance with regulatory requirements.
- Maintain up-to-date knowledge on Bank lending policies and regulations, and confer with Credit Manager and appropriate personnel regarding new/existing lending requirements.
- Coordinate loan documentation, including work with legal and outside counsel to obtain accurate documents to protect the Bank's interests.
- Bachelor's Degree or equivalent, with a minimum of 5 years of experience in underwriting capital call and subscription loans.
- Minimum 5 years of experience in a banking or financial services environment required.
- Strong credit analysis and accounting skills, with ability to communicate effectively in both verbal and written forms.
- Excellent organizational skills, with ability to work independently and in teams.
This position is eligible for a starting base salary of $83.82 per hour, with potential bonus and/or commissions based on performance. The exact compensation may vary based on skills, experience, and location.
About UsCity National Bank is a leading financial institution committed to delivering exceptional client service and fostering a culture of inclusion and diversity. We strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. If you're passionate about making a difference and have what it takes to succeed in a dynamic and fast-paced environment, we encourage you to apply.
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