Credit Officer II Corporate Banking - City National Bank : Job Details

Join to apply for the Credit Officer II Corporate Banking role at City National Bank2 days ago Be among the first 25 applicantsJoin to apply for the Credit Officer II Corporate Banking role at City National BankCREDIT OFFICER II CORPORATE BANKINGWHAT IS THE OPPORTUNITY?Participates in the loan management process by providing credit and loan underwriting expertise to a Corporate Banking team. Analyzes prospective loan transactions and credit worthiness of borrowers. Validates the credit analysis prepared by the Credit Analysts and provides opinions and recommendations regarding proposed credit and potential risks. Ensures all due diligence and background evaluation is complete and thorough before Credit Risk Recommendation ( CRR ) is submitted.WHAT WILL YOU DO?Reviews loan request application and financial information and third party reporting (e.g., RE appraisal, Environmental reports, ABL Examinations, Inventory Appraisal, etc); evaluates and determines credit structure and terms; fully underwrites CRR consistent with Bank format, policies and procedures; determines sources and uses of funds; analyzes industry data, competitive factors, historical performance, projected results, risks, and mitigating factors. Ensures CRR contains a well supported recommendation or decision; the risk rating is correct and supported; and the data and analytics used to support the decision are accurate and calculated correctly.Attends client meetings at Relationship Manager, Manager, Team Lead, or Credit Manager's request to facilitate delivery of credit product and/or assist in problem resolution. Contacts borrowers directly, for additional information and details related to loan request or clarification of financial materials and resources.Provides balanced and appropriate credit guidance to Relationship Manager, Team Lead, and/or Manager and collaborates in determining appropriate credit strategy.Provides credit alternatives and creative ways to structure credits ensuring that transactions are within profitability and portfolio risk standards. Authors credit approval memorandum.Provides input to the Relationship Manager and Manager when loan pricing does not appear to reflect inherent risk in subject transaction. Pricing may be either too high or to low. Restructures loans and/or lines of credit as required. Assumes accountability for minimizing Bank losses.Performs quarterly Problem Loan reporting for Criticized / Classified credits including: financial reviews of client's financial condition including monitoring covenants and conditions. Takes a proactive approach toward development and implementation of Action Plans. Escalates potential credit issues to Relationship Manager, Manager and/or Credit Manager.Has primary role in early problem loan identification and the timely and accurate changes in loan grades. Monitors and takes initiative to respond to past dues based in partnership with Relationship Manager.Maintains up-to-date knowledge on all Bank lending policies and regulations. Confers with the Credit Manager and appropriate Bank personnel regarding new/existing lending requirements and regulations.May coordinate loan documentation including work with legal, CLC, or other outside counsel to obtain the correct, accurate documents to ensure all loan are documented to fully protect the Bank's interests in the credit relationship. Reviews collateral periodically to minimize credit exposure.WHAT DO YOU NEED TO SUCCEED?Required Qualifications*Bachelor's Degree or equivalentminimum of five years experience in underwriting corporate banking loansAdditional QualificationsComplete understanding of corporate banking credit policies and procedures.Wide application of credit principles and concepts.Strong credit analysis and accounting skills with the ability to communicate skillfully and effectively in both verbal/written forms.Excellent organizational skills.Ability to work independently and interact effectively with all levels of Bank personnel and outside contacts.WHAT'S IN IT FOR YOU?CompensationStarting base salary: $48.66 - $82.86 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.Benefits and PerksBenefitsAt City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start dateGenerous 401(k) company matching contributionCareer Development through Tuition Reimbursement and other internal upskilling and training resourcesValued Time Away benefits including vacation, sick and volunteer timeSpecialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programsCareer Mobility support from a dedicated recruitment teamColleague Resource Groups to support networking and community engagementGet a more detailed look at our Benefits and Perks.About UsSince day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENTCity National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.Seniority level Seniority level Not ApplicableEmployment type Employment type Full-timeJob function Job function Finance and SalesIndustries BankingReferrals increase your chances of interviewing at City National Bank by 2xSign in to set job alerts for “Credit Officer” roles. 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