Credit Officer

CREDIT OFFICER WHAT IS THE OPPORTUNITY? This position will be responsible for evaluating and affirming/declining credit requests for assigned lending units that exceed their signing authority, as well as, providing oversight to the Personal and Business Banking and Small Business Consumer Division

Responsibilities include monitoring the credit quality of assigned portfolios to help ensure that established risk parameters are being adhered to, ensuring compliance with all regulatory and credit policies of the Bank, providing assistance to lending officers in managing credit risk and assisting with the development of relationship managers, credit analysts and any other colleague involved in the evaluation of credit.Additional responsibilities include ensuring execution and alignment on the Roles and Responsibilities across the 3 Lines of Defense for Credit Risk, focusing on the 1st and 2nd Line Roles, synergy, and timely and accurate oversight

This position will also evaluate effectiveness of portfolio management, behavioral monitoring, and reporting by 1st Line PBB and SBC as well as support the SVP, GRM- Credit for Consumer and Residential Credit Risk

What you will do Evaluates and examines credit requests which exceed delegated approval authority in order to assess credit worthiness including loan quality, credit risk classification, loan structure, collateral analysis, pricing and adherence to Bank policies

Approves or declines credit requests within assigned authority

Analyzes and recommends approval/declination of credit requests which exceed assigned authority to SVP, Consumer and Residential Credit Risk, or Chief Credit Officer as appropriate

Reviews and assesses completeness, accuracy, and usefulness of established credit policies and procedures

Recommends Credit Policy changes for approval by the appropriate Management or Board committee and oversees implementation of changes following Credit Policy updates to 1LOD procedures and processes where appropriate

Ensures that all loans comply with established policies and procedures

Periodically reviews the loans portfolio reporting with Relationship Managers across assigned regions or products to ensure appropriate loan classification/risk trend

Monitors the quality of the loan portfolio and exposures

Brings concerns to the attention of the relationship manager and provides guidance in developing plans for appropriate action in order to ensure quality portfolio management

Actively participates in evaluating all adversely classified credits or relationships and recommends or approves action plans, within delegated approval authority, intended to remedy credit situations experiencing temporary or sustained financial distress

Works with relationship managers responsible for identifying alternatives to resolve problem loan situations, ensures accuracy and completeness, and opines on appropriateness as necessity arises

Participates in Loan Review and Compliance exit reviews and ensures that corrective actions are taken to cure exceptions and further to prevent reoccurrence

Reviews appropriate reports for assigned regions or products to monitor delinquencies, accrual exceptions, and overdrafts

Provides support to ensure compliance and consistent execution with all applicable laws, regulations, regulatory guidance, and administrative duties

Maintains a proactive commitment to established bank programs, such as CustomerFirst, Community Reinvestment Act (CRA), Community Lending Mortgage Program, Small Business (SBA) Loan Programs, and Affirmative Action

Complies fully with all bank risk management, operational and credit policies and procedures as well as all regulatory requirements (e.g., Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, City National Code of Conduct, etc.) Must-Have* Bachelor's Degree or equivalent Minimum 8 years of banking experience- preferably in Consumer and Small Business Banking Minimum 7 years in 1LOD or 2LOD roles with oversight of Community Lending Programs for Credit Risk Minimum 3 years' experience working with broad spectrum of clients including High Net Worth (HNW) individuals

Skills and Knowledge Strong interpersonal skills with excellent credit, problem solving, and decision quality skills

Strong analytical skills

Strong sense of urgency and ability to meet deadlines

Thorough knowledge of Bank business practices and ethics

May require specialized knowledge or experience in Consumer and Small Business Products

Good negotiation, presentation, and critical thinking skills

Proficient in reporting and data analysis

Thorough knowledge of Bank credit products, policies, procedures and philosophy

General knowledge of overall Bank products

Strong understanding of regulatory guidance including 12 CFR 30 Appendix D and OCC Bulletin 2000-20 Credit Administration/Adjudication experience preferred for complex Consumer and Small Business Credits Market cycle and problem credit management experience preferred Compensation Starting base salary: $127,626 - $237,014 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 The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification

It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job

Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues

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INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank is an equal opportunity employer committed to 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.' ABOUT CITY NATIONAL We start with a basic premise: Business is personal

Since day one we've always gone further than the competition to help our clients, colleagues and community flourish

City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today

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