City First Bank
CRE Loan Review Specialist II
City First Bank, Inglewood, California, United States, 90397
DescriptionWHO WE ARECity First Bank N.A.
is a mission-driven Community Development Financial Institution (CDFI) principally focused on a transformative impact in underserved, urban markets with the highest needs to drive equitable economic development. Our lending activities are purely commercial and focused on the following segments: Multifamily Affordable Housing, Not-for-Profit Finance, and Small Business Finance. As a depository and commercial lending provider with over $1.4 billion in bank assets as of December 30, 2023, our unified organization has over 100 employees in Washington DC and Los Angeles/Inglewood, CA.ROLE SUMMARYThe role will perform independent loan reviews of the credits held in the Bank’s Commercial Lending portfolio including lines of credit, loans to churches, loans secured by multifamily and commercial real estate. The Loan Review process will focus on assessing overall and loan-by-loan credit quality and will require an understanding of and familiarity with Loan Policies, Risk Ratings, Loan Underwriting, Financial Analysis and Collateral Evaluation. Based on the findings, changes in risk ratings may be recommended. This individual will share the responsibility with teammates for meeting all review completion deadlines in order to adhere to the annual review schedule and attainment of the required coverage.Essential Functions and Basic Duties:Evaluate the financial position of borrowers through financial cash flow analysis including Global Cash Flow, with the goal of identifying problem loans or developing problems in a timely manner in order to minimize lossesAnalyze borrower’s financial statements and tax returns in order to recommend and implement changes to protect the bankPerform quarterly loan reviews on problem loans as assignedDetermine the borrowers’ repayment ability as well as the Bank’s collateral positionRead and interpret appraisals and other property evaluation toolsRecommend risk grade change to individual and global loan relationships after analyzing and evaluating borrowers’ capacity to repay debt, borrowers’ failure to meet projected performance benchmarks, and borrowers’ non-compliance with loan agreementsAbility to calculate DSC ratios and other financial ratiosPrepare written report supporting analysisMaintain Tickler SystemWork closely with the bank’s internal Loan Review Officer to ensure that compliance with regulatory as well as bank policies and procedures are being followed and exceptions are identified and tracked for correctionMust be able to read and interpret documents in credit filesSupport Internal Loan Review Officer in achieving satisfactory regulatory and internal auditsPerforms other duties as assigned by Manager, or Senior ManagementRequirementsEDUCATION & EXPERIENCERequired Education/Experience:Bachelor's degree in business, finance, or a related fieldMinimum of two years of experience as a Loan Review Officer or related equivalent experienceCompletion of formal or in-house credit training requiredPreferred Education/Experience:Experience structuring and pricing loan transactions to achieve organizational goals preferred.CERTIFICATIONSNone requiredKNOWLEDGE, SKILLS, AND ABILITIESRequired Knowledge & Skills:Prior credit review and credit analysis experienceMust have strong financial analytical skills, excellent attention to details, and be highly accurateMust have strong oral and written communication skillsAbility to work with individuals in various capacities and maintain excellent people/communication skills at all timeGood organizational skills, flexibility and ability to prioritize and meet deadlines in a timely mannerAbility to work in a team environment as well as the ability to work independentlyAbility to work with various levels of management and staffStrong proficiency with Microsoft Office Application, especially Excel SpreadsheetsKnowledge of FDIC and OCC Federal Regulations and Policies a plus
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is a mission-driven Community Development Financial Institution (CDFI) principally focused on a transformative impact in underserved, urban markets with the highest needs to drive equitable economic development. Our lending activities are purely commercial and focused on the following segments: Multifamily Affordable Housing, Not-for-Profit Finance, and Small Business Finance. As a depository and commercial lending provider with over $1.4 billion in bank assets as of December 30, 2023, our unified organization has over 100 employees in Washington DC and Los Angeles/Inglewood, CA.ROLE SUMMARYThe role will perform independent loan reviews of the credits held in the Bank’s Commercial Lending portfolio including lines of credit, loans to churches, loans secured by multifamily and commercial real estate. The Loan Review process will focus on assessing overall and loan-by-loan credit quality and will require an understanding of and familiarity with Loan Policies, Risk Ratings, Loan Underwriting, Financial Analysis and Collateral Evaluation. Based on the findings, changes in risk ratings may be recommended. This individual will share the responsibility with teammates for meeting all review completion deadlines in order to adhere to the annual review schedule and attainment of the required coverage.Essential Functions and Basic Duties:Evaluate the financial position of borrowers through financial cash flow analysis including Global Cash Flow, with the goal of identifying problem loans or developing problems in a timely manner in order to minimize lossesAnalyze borrower’s financial statements and tax returns in order to recommend and implement changes to protect the bankPerform quarterly loan reviews on problem loans as assignedDetermine the borrowers’ repayment ability as well as the Bank’s collateral positionRead and interpret appraisals and other property evaluation toolsRecommend risk grade change to individual and global loan relationships after analyzing and evaluating borrowers’ capacity to repay debt, borrowers’ failure to meet projected performance benchmarks, and borrowers’ non-compliance with loan agreementsAbility to calculate DSC ratios and other financial ratiosPrepare written report supporting analysisMaintain Tickler SystemWork closely with the bank’s internal Loan Review Officer to ensure that compliance with regulatory as well as bank policies and procedures are being followed and exceptions are identified and tracked for correctionMust be able to read and interpret documents in credit filesSupport Internal Loan Review Officer in achieving satisfactory regulatory and internal auditsPerforms other duties as assigned by Manager, or Senior ManagementRequirementsEDUCATION & EXPERIENCERequired Education/Experience:Bachelor's degree in business, finance, or a related fieldMinimum of two years of experience as a Loan Review Officer or related equivalent experienceCompletion of formal or in-house credit training requiredPreferred Education/Experience:Experience structuring and pricing loan transactions to achieve organizational goals preferred.CERTIFICATIONSNone requiredKNOWLEDGE, SKILLS, AND ABILITIESRequired Knowledge & Skills:Prior credit review and credit analysis experienceMust have strong financial analytical skills, excellent attention to details, and be highly accurateMust have strong oral and written communication skillsAbility to work with individuals in various capacities and maintain excellent people/communication skills at all timeGood organizational skills, flexibility and ability to prioritize and meet deadlines in a timely mannerAbility to work in a team environment as well as the ability to work independentlyAbility to work with various levels of management and staffStrong proficiency with Microsoft Office Application, especially Excel SpreadsheetsKnowledge of FDIC and OCC Federal Regulations and Policies a plus
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