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Senior Credit Recovery Specialist

2 months ago


Los Angeles, California, United States City National Bank Full time
{"Job Title": "Senior Credit Recovery Specialist", "Job Summary": "We are seeking a highly skilled Senior Credit Recovery Specialist to join our team at City National Bank. 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. Your expertise in credit analysis, negotiation, and restructuring will be instrumental in maximizing recovery and reducing losses from our commercial credits.", "Key Responsibilities": "
  • Investigate and analyze the condition of borrowers to identify problems in the credit and develop strategies to maximize recovery and reduce losses.
  • Negotiate with executives, attorneys, and certified public accountants to develop and implement action plans to rehabilitate or exit credits.
  • Prepare and present 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 proactively pursue the best course of action for the Bank.
", "Requirements": "
  • Bachelor's Degree or equivalent.
  • Minimum of 4 to 6 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.
", "Benefits": "City National Bank offers a competitive compensation package, including a starting base salary of $92,114 - $156,880 per year, bonus and/or commissions, and a range of benefits and perks.", "About City National": "At City National Bank, we are committed to being the best at whatever we do, including the benefits and perks we offer our colleagues. We strive to create a culture of inclusion and equal opportunity employment, where all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other basis protected by law.", "Inclusion and Equal Opportunity Employment": "City National Bank is an equal opportunity employer committed to diversity and inclusion.", "About Us": "City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and has continued to drive phenomenal growth today as a subsidiary of Royal Bank of Canada.", "Contact Us": "For more information about this opportunity, please contact us at [insert contact information]."}