CREDIT LEAD-Commercial Real Estate
WHAT IS THE OPPORTUNITY
The Credit Lead is responsible for overseeing the management of credit portfolios within a certain region or industry. The Credit Lead will be involved in certain transactions and depending on the size of the team and the size of the portfolio may be expected to manage a portfolio of their own. On other transactions the Credit Lead will serve as a point of escalation. The Credit Lead will be responsible for the quality and oversight of all credits for a specific set of Portfolio Managers, Credit Associates, and Credit Analysts. Activities will include credit adjudication with delegated credit authorities. This role will report to the Credit Manager and will work closely with them to manage a portfolio and oversee colleagues. This role be responsible for the day-to-day activities of managing a portfolio including proactive management of colleagues workflows to ensure that quality and accurate work product is delivered within cycle times. Depending on the team structure the Credit Lead may have direct reports-regardless of reporting line the Credit Lead is expected to coach and train colleagues at various levels in the Credit Solutions organization. The Credit Lead is expected to have knowledge of the portfolio managed by each colleague to ensure balanced workload and an understanding of to whom new clients/credits should be assigned. As part of talent management responsibilities the Credit Lead periodically will review a sample colleagues work product and provide feedback to colleagues.
WHAT WILL YOU DO
The Commercial Real Estate Credit Solutions team provides underwriting and proactive portfolio management expertise to the Banks CRE clients including private individuals and family offices and institutional funds/investors/developers. Colleagues will partner across numerous bank lines and divisions to provide tailored CRE lending solutions to clients while proactively identifying risk on new and existing credits within the portfolio through a combination of internal and external resources. CRE portfolio includes a variety of loan products secured or supported by varying asset types.
Team Management Leads and manages a team of Credit Solutions colleagues of various levels providing functional guidance, risk management coaching, and performance management.
Credit Management Oversees credit analysis, underwriting, and portfolio management within the assigned industry/region or credit line ensuring alignment with organizational goals and risk management practices. May be involved in the initial assessment process for new credits, subsequent credit approval discussions, and management of the teams workflow.
Performance Monitoring Monitors and analyzes portfolio performance.
Risk Management Ensures effective risk management practices are in place maintaining high standards of credit quality and origination in alignment with Banks credit risk appetite and compliance with institutional and regulatory requirements.
Business Growth Drives business growth through strategic planning, market analysis, and identifying new opportunities.
Collaboration Works closely with cross-functional teams to ensure cohesive and effective credit operations to achieve the Banks strategic initiatives. Participate in and run ad-hoc projects to support the organizations priorities.
Industry Awareness Stays informed about industry trends, regulatory changes, and competitor activities to proactively address potential impacts on the region/industry and credit operations.
Talent Management Engages in formal and informal talent management activities to train, develop, manage, and coach team members fostering a culture of continuous improvement and professional growth.
REQUIREMENTS
Required Qualifications
Additional Qualifications
WHATS IN IT FOR YOU
Compensation
Benefits and Perks
ABOUT US
Since day one, weve 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 Americas 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.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.