City National Bank
Wholesale Portfolio Risk Officer
City National Bank, Miami, Florida, us, 33222
Wholesale Portfolio Risk Officer
Job ID:
2024-5101Category:
Corporate RiskType:
Full-TimeWorkplace policy:
HybridOverview
The Wholesale Portfolio Risk Officer ensures the overall quality of the portfolio is maintained. Handles the client's financial needs, ensuring that the overall client experience is favorable and that the bank is in a position to expand the relationship. Takes the lead where debt product opportunities are identified and is accountable for all aspects of due diligence, underwriting, structuring, and preparing the credit package for review and approval. Interfaces directly with the client and participates in building the client relationship. Additionally, maintains and updates as necessary credit policy and underwriting guidelines for debt products for this line of business.Principal Duties & Responsibilities
Primary duties and responsibilities include Commercial and Industrial Underwriting and Commercial Real Estate renewals and opening of new loans to render a lending decision, portfolio loans while maintaining quality control of new loans which is essential to the sound business operations of the bank.Given the lack of automated systems and lack of automated preliminary decisions by scheduled systems for portfolio loans, you will be responsible for making sound decisions within your own lending authority and making recommendations for loans requiring exception approval authority, based on your own independent analysis and interpretations of cash flows, and banking lending risk guidelines.Responsible for the ongoing management of the Wholesale Risk portfolios including underwriting.Manages relationships via a master portfolio report for tracking all renewals, annual reviews, servicing events, covenant checks, and borrowing base reports by relationship.Makes independent decisions on the creditworthiness of commercial clients of the Bank which includes: determining financial trends based on financial analysis; determining appropriate credit grading; negotiating and finalizing appropriate credit structures; and providing independent recommendation of final credit decisions as per the Bank's credit policies and guidelines.Work closely with lines of business to obtain supporting information and data to develop a consistent view of portfolio trends.Drives analysis of wide-ranging business risks that have financial impact and provide insight into trends in portfolio performance and profitability.Monitors portfolio activity for the following:180 day Maturing ReportUpcoming and Past Due Servicing tickler reportsUpcoming and Past Due Financial Statement tickler reportsInterface with Collateral Control Department for monthly borrowing base reports and field exams as required per loan approvalsACH Expiration ReportRemote Deposit Capture ReportMonthly Reconciliation of the loan policy exception waiversCoordinates the requisition of upcoming financial statement requirements from clients in conjunction with Wholesale Banking Relationship managers.Provides appropriate lead time to ensure compliance and to coordinate renewal or servicing timeframes are met.Manages high volumes of documents (financial statements) for upcoming portfolio events until documents have been reviewed, ticklers updated and uploaded in Web Director.Attends joint appointments.Required to visit Clients at place of business.Qualifications
5-7 years of small business banking credit risk and some small business lending experience.Completion of formal credit training.Strong communication and analytical/technical skills are required, including financial accounting and loan structuring.Demonstrated business calling and negotiation experience are necessary.Exposure to multiple business lines is required with experience at handling more complex transactions.Good interpersonal skills are required to deal with banking professionals with various skill sets, risk management staff, clients, and auditors.Education
Bachelor's Degree of credit experience with credit approval responsibilities required.Special Instructions to Candidates
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.Please view Equal Employment Opportunity Posters provided by OFCCP here.The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.Reasonable accommodation may be made to assist individuals with disabilities to complete the online application process. Please contact our Human Resources Department at 305-577-7680 or by e-mail at employment@citynational.com.
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Job ID:
2024-5101Category:
Corporate RiskType:
Full-TimeWorkplace policy:
HybridOverview
The Wholesale Portfolio Risk Officer ensures the overall quality of the portfolio is maintained. Handles the client's financial needs, ensuring that the overall client experience is favorable and that the bank is in a position to expand the relationship. Takes the lead where debt product opportunities are identified and is accountable for all aspects of due diligence, underwriting, structuring, and preparing the credit package for review and approval. Interfaces directly with the client and participates in building the client relationship. Additionally, maintains and updates as necessary credit policy and underwriting guidelines for debt products for this line of business.Principal Duties & Responsibilities
Primary duties and responsibilities include Commercial and Industrial Underwriting and Commercial Real Estate renewals and opening of new loans to render a lending decision, portfolio loans while maintaining quality control of new loans which is essential to the sound business operations of the bank.Given the lack of automated systems and lack of automated preliminary decisions by scheduled systems for portfolio loans, you will be responsible for making sound decisions within your own lending authority and making recommendations for loans requiring exception approval authority, based on your own independent analysis and interpretations of cash flows, and banking lending risk guidelines.Responsible for the ongoing management of the Wholesale Risk portfolios including underwriting.Manages relationships via a master portfolio report for tracking all renewals, annual reviews, servicing events, covenant checks, and borrowing base reports by relationship.Makes independent decisions on the creditworthiness of commercial clients of the Bank which includes: determining financial trends based on financial analysis; determining appropriate credit grading; negotiating and finalizing appropriate credit structures; and providing independent recommendation of final credit decisions as per the Bank's credit policies and guidelines.Work closely with lines of business to obtain supporting information and data to develop a consistent view of portfolio trends.Drives analysis of wide-ranging business risks that have financial impact and provide insight into trends in portfolio performance and profitability.Monitors portfolio activity for the following:180 day Maturing ReportUpcoming and Past Due Servicing tickler reportsUpcoming and Past Due Financial Statement tickler reportsInterface with Collateral Control Department for monthly borrowing base reports and field exams as required per loan approvalsACH Expiration ReportRemote Deposit Capture ReportMonthly Reconciliation of the loan policy exception waiversCoordinates the requisition of upcoming financial statement requirements from clients in conjunction with Wholesale Banking Relationship managers.Provides appropriate lead time to ensure compliance and to coordinate renewal or servicing timeframes are met.Manages high volumes of documents (financial statements) for upcoming portfolio events until documents have been reviewed, ticklers updated and uploaded in Web Director.Attends joint appointments.Required to visit Clients at place of business.Qualifications
5-7 years of small business banking credit risk and some small business lending experience.Completion of formal credit training.Strong communication and analytical/technical skills are required, including financial accounting and loan structuring.Demonstrated business calling and negotiation experience are necessary.Exposure to multiple business lines is required with experience at handling more complex transactions.Good interpersonal skills are required to deal with banking professionals with various skill sets, risk management staff, clients, and auditors.Education
Bachelor's Degree of credit experience with credit approval responsibilities required.Special Instructions to Candidates
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.Please view Equal Employment Opportunity Posters provided by OFCCP here.The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.Reasonable accommodation may be made to assist individuals with disabilities to complete the online application process. Please contact our Human Resources Department at 305-577-7680 or by e-mail at employment@citynational.com.
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