Credit Lead - Private Banking Commercial Real Estate

City National Bank • Los Angeles, CA

4d

About The Position

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.
This role will lead a team of Portfolio Managers, Associates, and/or Analysts who partner with relationship managers on an assigned portfolio of Commercial Real Estate loans within the Private Banking division. Portoflio is comprised largely of mini-perm loans to high net worth individuals and family offices across a variety of product types (multifamily, retail, industrial, office, self-storage, and unsecured).
Experience working with high net worth / private banking / wealth management clients is required. Candidate must have clear understanding of personal financial statements, real estate schedules, tax returns, and wealth/estate planning.
On occasion, this role may support other CRE verticals in the bank, including institutional real estate and construction lending.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 team’s 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 Bank’s 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 Bank’s strategic initiatives. Participate in and run ad-hoc projects to support the organization’s 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

• Bachelor's Degree or equivalent in Finance, Business, or related field
• Minimum 8 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries
• Minimum 3 years of leadership and coaching experience in underwriting or credit management, even if informal
• Advanced experience in credit management and lending operations, with a strong understanding of risk management principles
• Proven leadership and coaching skills, with the ability to train and develop talent
• Excellent communication and collaboration skills, with the ability to work effectively with senior leadership and cross-functional teams
• Strong analytical skills, with the ability to interpret complex data and make informed decisions
• Industry-specific knowledge and expertise

Responsibilities

• Leads and manages a team of Credit Solutions colleagues of various levels, providing functional guidance, risk management coaching, and performance 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 team’s workflow.
• Monitors and analyzes portfolio performance.
• Ensures effective risk management practices are in place, maintaining high standards of credit quality and origination in alignment with Bank’s credit risk appetite, and compliance with institutional and regulatory requirements.
• Drives business growth through strategic planning, market analysis, and identifying new opportunities.
• Works closely with cross-functional teams to ensure cohesive and effective credit operations to achieve the Bank’s strategic initiatives. Participate in and run ad-hoc projects to support the organization’s priorities.
• Stays informed about industry trends, regulatory changes, and competitor activities to proactively address potential impacts on the region/industry and credit operations.
• 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

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees