WHAT IS THE OPPORTUNITY?
This critical role is designed for an experienced professional will actively evaluate and approve or decline credit requests for various lending units that exceed established signing authority. You will play a vital part in monitoring credit quality, ensuring compliance with regulatory standards, and supporting lending officers in managing credit risk. Additionally, you will assist in developing skills in relationship managers, credit analysts, and colleagues involved in credit evaluation.
WHAT WILL YOU DO?
Assess and analyze credit requests over local authority, evaluating loan quality, credit risk classification, collateral analysis, and adherence to Bank policies, while making informed decisions on approvals or declines.
Review and enhance credit policies and procedures, ensuring all loans adhere to established standards.
Conduct periodic reviews of Relationship Managers' portfolios to ensure accurate loan classifications and monitor overall quality and trends.
Engage in evaluating criticized and classified credit situations, collaborating with relationship managers to formulate action plans for problem loans.
Participate in Loan Review and Compliance exit assessments, ensuring corrective actions are timely and effective to prevent issues from recurring.
Support adherence to all applicable regulations and compliance obligations.
Commit to bank programs such as CustomerFirst, Community Reinvestment Act (CRA), and Affirmative Action.
Fully comply with risk management and operational policies, regulatory requirements, and ethical standards.
WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*
Bachelor's Degree or equivalent experience.
At least 7 years in banking.
A minimum of 15 years in commercial lending.
10 years of experience in a credit-focused environment.
Additional Qualifications
Exceptional interpersonal skills and a strong ability to solve problems and make sound decisions.
Excellent analytical abilities and a deep understanding of banking practices.
A proactive approach with a strong sense of urgency to meet deadlines.
In-depth knowledge of various banking products, credit policies, and procedures.
Effective negotiation skills.
Strong computer skills.
Outstanding verbal and written communication capabilities.
WHAT'S IN IT FOR YOU?
Compensation
Competitive base salary ranging from $187,000 to $308,000 per year, with eligibility for bonuses or commissions based on performance.
Benefits and Perks
City National is committed to offering exceptional benefits and perks, which include:
Comprehensive healthcare coverage (Medical, Dental, Vision) beginning the first month after your start date.
Generous 401(k) matching contributions.
Opportunities for career development through tuition reimbursement and internal training resources.
Valued Time Off benefits including vacation, sick leave, and volunteer time.
Specialized benefits for health and family planning.
Dedicated support for career mobility from a recruitment team.
Inclusive networking through Colleague Resource Groups.
Explore a detailed overview of our Benefits and Perks.
ABOUT US
Founded in 1954, City National Bank has built a legacy of integrity and community focus that drives our exceptional client relationships today. As a subsidiary of the Royal Bank of Canada, a leading financial services provider in North America, we are proud of our dynamic culture. Find out more at our About Us page.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
We are an equal opportunity employer and welcome applicants from diverse backgrounds. City National Bank values inclusivity and strives to create an environment where everyone can contribute and succeed.
*These qualifications represent the basic requirements for the position; meeting them is necessary for consideration. Applications are accepted on an ongoing basis until filled.
Unless stated otherwise, this role requires reporting to a designated City National location.