Commercial Loan Processor Senior - Los Angeles, CA, United States - City National Bank

Description

CREDIT OFFICER SENIOR CRE

Participates in the loan management process by providing credit and loan underwriting expertise to a team of Relationship Managers ("RM's").

Analyzes prospective loan transactions and credit worthiness of borrowers. Pro-actively works to ensure the credit quality standards of the Bank are maintained.

Prepares credit write-ups and ensures all due diligence and background evaluation is complete and thorough before credit requests and/or other approval documents are granted.

Commercial Real Estate Banking Division
Make your mark as a member of City National's Commercial Real Estate Banking group.

Be part of the team that provides a comprehensive array of banking products and services to experienced real estate developers and investors including, but not limited to, acquisition, construction, bridge and permanent financing of commercial real estate.

Multifamily, Industrial, Office, Retail, Self-Storage, Senior Housing, and For-Sale Housing.

Reviews financial information; may fully document write-ups or other approval documents consistent with Bank format, policies and procedures; analyzes industry data, competitive factors, historical performance, projected results, risks, and mitigating factors.

Ensures write-ups or other approval documents contain a well-supported recommendation or decision; the risk rating is correct and supported; and the data and analytics used to support the decision are accurate and calculated correctly.

May review loan packages and provide recommendations and/or feedback to Commercial Real Estate Banking Management.

Works with RM or contacts borrowers directly, for additional information and details related to loan request or clarification of financial materials and resources.

Authors credit approval memorandum, and as necessary, works with the RM in evaluating credit alternatives and creative ways to structure credits to ensure that transactions are within profitability and portfolio risk standards.

Performs financial reviews of client's financial condition per Credit Policy guidelines including monitoring covenants and conditions pursuant to the loan documents.

Escalates potential credit issues to RM, Regional Manager and/ or Credit Manager.
Completes all required training. Complies fully with all Bank Operational and Credit policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc).
Bachelor's Degree or equivalent
Minimum 7 years of commercial real estate credit underwriting experience required.
Minimum 7 years of experience in a banking or financial services environment required

College degree in Business Administration or a related field and/or a minimum of 10 years' experience in underwriting large and complex commercial real estate loans which requires extensive technical expertise and full knowledge of commercial credit principles, financial concepts and regular use of ingenuity and creativity in solving complex credit problems.

Solutions are thorough, and require analysis, interpretation, and evaluation of financial statements, cash flow analysis, familiarity with various industries, collateral issues and values, loan structuring and guarantor personal financial statements and tax returns.

Prepares recommendations regarding approval or denial of applications exceeding posted standards.

May function as the primary or secondary credit contact for clients and interact effectively with all levels of Bank personnel and outside contacts.

It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.

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Since day one we've always gone further than the competition to help our clients, colleagues and community flourish.

City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to be at the heart of our company today.

City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.
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