Credit Officer Senior-Specialty Banking Job Listing at City National Bank in Los Angeles, CA (Job ID 9772)CREDIT OFFICER SENIOR-SPECIALTY BANKING WHAT IS THE OPPORTUNITY? Participates in the loan management process by providing credit and loan underwriting expertise to the cash flow lending/leveraged finance group within Specialty Banking. 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 you will do Reviews loan requests, historical financial information, cash flow projections and third party reporting; 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.Attends client meetings to facilitate delivery of credit product and/or assist in problem resolution. Contacts borrowers directly for additional information related to loan requests.Provides balanced and appropriate credit guidance to Relationship 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.Provides input to the Relationship Manager and Credit Manager when loan pricing does not reflect inherent risk in subject transaction. Restructures loans and/or lines of credit as required.Performs quarterly Problem Loan reporting for Criticized / Classified credits, including financial reviews of client's financial condition.Has primary role in early problem loan identification and timely changes in loan grades.Maintains up-to-date knowledge on all Bank lending policies and regulations.May coordinate loan documentation with legal counsel to ensure all loans are documented to protect the Bank's interests.Participate in the training and development of the Credit Analyst on the team.Must-Have* Bachelor's Degree or equivalentMinimum 7 years of experience in underwriting medium to large sized and moderately-complex cash flow credit required.Minimum 7 years of experience in a banking or financial services environment required.Skills and Knowledge College degree in Business Administration preferred or a related fieldMBA preferredAbility to communicate skillfully and effectively in both verbal/written forms.Good organizational skills.Ability to work well independently and in teams.Requires extensive technical expertise and full knowledge of leveraged lending credit principles.Ability to assume responsibility and accountability for decision making.Compensation Starting base salary: $111,408 - $189,738 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
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