Credit Officer II CRE
City National Bank
Job Description
Join to apply for the Credit Officer II CRE role at City National Bank
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Join to apply for the Credit Officer II CRE role at City National Bank
Hybrid Schedule: Los Angeles, Irvine, or San Francisco, CA.
What is the Opportunity?
Participates in the loan management process by providing loan underwriting and portfolio management expertise to a team of Relationship Managers across the Bank, focusing on the Investor CRE portfolio, which includes stabilized/mini-perm loans and related products across various real estate asset classes. Analyzes loan transactions, assesses creditworthiness of borrowers, and evaluates collateral performance and market trends. Proactively manages the portfolio to maintain the Bank's credit quality standards. Prepares credit write-ups, property/borrower/guarantor assessments, and performs due diligence during ongoing portfolio management. Assists senior credit officers and underwriters in structuring and underwriting new transactions.
What You Will Do
- Review financial information; document write-ups or approval documents following Bank policies; analyze industry data, risks, and mitigants; ensure accuracy and support in recommendations; review loan packages and provide feedback.
- Work directly with RMs or contact borrowers for additional information and clarification.
- Participate in ongoing portfolio management, including risk assessments, real estate reviews, and loan modifications, identifying risks proactively.
- Author credit approval memoranda; evaluate credit alternatives and structuring options to ensure profitability and risk standards.
- Perform financial reviews of clients, monitor covenants, and escalate issues as needed.
- Manage deal flow in collaboration with RMs; attend client meetings if requested.
- Complete required training and comply with all policies, procedures, and regulatory requirements.
Must-Have
- Bachelor's Degree or equivalent
- Minimum 5 years of commercial real estate credit underwriting experience
- Minimum 5 years in a banking or financial services environment
Skills and Knowledge
- Degree in Business Administration or related field; or equivalent experience in underwriting medium-sized CRE loans.
- Strong technical expertise in financial analysis, collateral issues, and loan structuring.
- Ability to analyze financial statements, cash flows, and industry data.
- Understanding of credit policies and principles; strong credit analysis and accounting skills.
- Effective communication skills; organizational skills; ability to work independently and with all levels of personnel.
Compensation
Starting salary: $44.28 - $75.42 per hour, with potential bonuses/commissions. Exact pay varies based on skills, experience, and location.
Benefits and Perks
City National offers various benefits and perks. For details, see our Benefits and Perks page.
About City National
City National Bank, a subsidiary of RBC, is LA's largest bank with $92.03 billion in assets as of April 30, 2024. Since 1954, it provides personalized banking, investment, and trust services in several markets. The bank is committed to community support, contributing over $11 million in 2023.
For more, visit cnb.com.
Equal Opportunity & Reasonable Accommodation
We promote a diverse, inclusive workplace. All qualified applicants will be considered without discrimination. Applicants with disabilities or veterans can request accommodations via email or phone.
#J-18808-LjbffrCity National Bank
San Francisco, CA