Lead Credit Risk Analyst

2 weeks ago


Los Angeles California, United States City National Bank Full time

Position Overview:

LEAD CREDIT RISK ANALYST


WHAT IS THE ROLE?The Lead Credit Risk Analyst supports Relationship Managers and Credit Officers by providing comprehensive recommendations for new credit applications and credit extensions through thorough research, analysis, and meticulous documentation.


Key ResponsibilitiesConducts in-depth credit evaluations and investigations for both new and renewed commercial loan applications, supplying essential documentation and financial insights for Credit Officers to assess, evaluate, and establish suitable credit structures and terms for prospective borrowers.


Performs analytical tasks related to due diligence, document processing, and financial statement assessments pertinent to transactions, credit approvals, and renewals. Prepares detailed summaries that document factual analyses and provide supporting information for credit decision recommendations.

Monitors the receipt of documents, analyzing and evaluating materials related to credits.

This may encompass financial statements for the company, owners, and/or guarantors, tax returns, cash flow statements, collateral assessments, covenants, accounts payable & receivable aging, credit reports, etc.

to pinpoint strengths and weaknesses regarding a borrower's financial standing.


Reviews REACT reports and collaborates with the Private Banking Relationship Manager to gather necessary information, ensuring compliance with reporting requirements.

Essential Qualifications*High School Diploma

Minimum of 5 years of experience in credit analysis or financial analysis is required.

At least 5 years of experience in a banking or financial services setting is mandatory.

Skills and Expertise


A Bachelor's degree in Finance, Accounting, Business, or a related field is preferred, along with a minimum of 1 to 5 years of experience in credit and/or financial analysis.

Proficient understanding of credit, accounting principles, credit policies, and financial statement analysis.

Exceptional organizational and analytical capabilities


Strong verbal and written communication skills to present clear and concise recommendations based on analyses for loan actions and treatments.


CompensationDetails:
Starting base salary: $55.19 per hour. Exact compensation may vary based on skills, experience, and location. This position is eligible for bonuses and/or commissions.

*To be considered for this role, candidates must meet the basic qualifications outlined above.


The job description provided is intended to convey the general nature and level of work performed by employees in this classification.

It is not designed to encompass all duties, responsibilities, and qualifications required of employees assigned to this position.


Benefits and AdvantagesAt City National, we are committed to excellence in all aspects, including the benefits and perks we offer our team members.

Explore an inside look at our culture.

DIVERSITY AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer dedicated to fostering diversity and inclusion.

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.

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ABOUT CITY NATIONALWe operate on a fundamental principle: Business is personal. Since our inception, we have consistently gone above and beyond to assist our clients, colleagues, and community in thriving.

Founded in 1954 by entrepreneurs for entrepreneurs, City National Bank continues to uphold a legacy of integrity, community engagement, and exceptional client relationships, driving remarkable growth today.

City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services organizations.

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