Credit Officer SSG Job Listing at City National Bank in Raleigh, NC (Job ID 11283-1)

Description

CREDIT OFFICER SSG
WHAT IS THE OPPORTUNITY? This position will be primarily responsible for assessing and adjudicating the loan portfolio managed by Relationship Managers in CNB's workout group known as Special Situations or SSG. Such portfolio consists primarily of criticized and classified C&I, Investor Commercial Real Estate, and Consumer loans managed in SSG. This individual will also assess SSG's quarterly portfolio assessments as well as credit requests and make recommendations to Head of SSG and/or Deputy. Furthermore, this individual will review and assess credit requests for Substandard loans managed by the Line of Business (LOB) and make recommendations regarding continued LOB retention or transfer to SSG
WHAT WILL YOU DO?

• Work with SSG Relationship Managers in assessing and developing strategy for maximizing CNB's recovery with the goal of rehabilitating certain customers to pass credit status and returning the relationship to LOB Relationship Managers or ensuring collection of our loans and other obligations to CNB.
• Evaluate and examine SSG quarterly portfolio reviews and credit requests to ensure timeliness and accuracy of Borrower Risk Ratings and regulatory ratings; accrual status including reserve analysis; loan structure; collateral analysis; and action plans. Approve or decline credit requests within assigned authority or make recommendations to the Head or Deputy Head of SSG
• Review and assess LOB-managed Substandard loans, including quarterly assessments as well as credit actions. Make recommendations regarding continued LOB-retention or transfer to SSG.
• Develop, train and oversee SSG Portfolio Managers (Credit Officers) who will be primarily responsible for credit write-ups and quarterly assessments.
• As senior leader in SSG, provide overall guidance and support across the entire group. Partner with SSG Manager in preparing presentations for regulators, Chief Credit Officer, and/or executive management; addressing Issues; and leading SSG projects. Provide mentorship and training to junior colleagues.

WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*

• Bachelor's Degree or equivalent
• Minimum 10 years of banking experience - primarily in 1LOD Credit Products and/or 2LOD in credit adjudication or restructuring.

Additional Qualifications

• 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.
• 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.
• Market cycle and problem credit management experience preferred

WHAT'S IN IT FOR YOU? 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.
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 including:

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our Benefits and Perks.
ABOUT US Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.

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