Credit Officer

City National Bank • Irvine, CA

3d

About The Position

This position will be responsible for evaluating and affirming/declining credit requests for assigned lending units that exceed their signing authority, as well as, providing oversight to the Personal and Business Banking and Small Business Consumer Division. Responsibilities include monitoring the credit quality of assigned portfolios to help ensure that established risk parameters are being adhered to, ensuring compliance with all regulatory and credit policies of the Bank, providing assistance to lending officers in managing credit risk and assisting with the development of relationship managers, credit analysts and any other colleague involved in the evaluation of credit.Additional responsibilities include ensuring execution and alignment on the Roles and Responsibilities across the 3 Lines of Defense for Credit Risk, focusing on the 1st and 2nd Line Roles, synergy, and timely and accurate oversight. This position will also evaluate effectiveness of portfolio management, behavioral monitoring, and reporting by 1st Line PBB and SBC as well as support the SVP, GRM- Credit for Consumer and Residential Credit Risk.

Requirements

• Bachelor's Degree or equivalent
• Minimum 8 years of banking experience- preferably in Consumer and Small Business Banking
• Minimum 7 years in 1LOD or 2LOD roles with oversight of Community Lending Programs for Credit Risk
• Minimum 3 years' experience working with broad spectrum of clients including High Net Worth (HNW) individuals.
• 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.
• May require specialized knowledge or experience in Consumer and Small Business Products.
• 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.
• Strong understanding of regulatory guidance including 12 CFR 30 Appendix D and OCC Bulletin 2000-20
• Credit Administration/Adjudication experience preferred for complex Consumer and Small Business Credits
• Market cycle and problem credit management experience preferred

Nice To Haves

• Credit Administration/Adjudication experience preferred for complex Consumer and Small Business Credits
• Market cycle and problem credit management experience preferred

Responsibilities

• Evaluates and examines credit requests which exceed delegated approval authority in order to assess credit worthiness including loan quality, credit risk classification, loan structure, collateral analysis, pricing and adherence to Bank policies. Approves or declines credit requests within assigned authority. Analyzes and recommends approval/declination of credit requests which exceed assigned authority to SVP, Consumer and Residential Credit Risk, or Chief Credit Officer as appropriate.
• Reviews and assesses completeness, accuracy, and usefulness of established credit policies and procedures. Recommends Credit Policy changes for approval by the appropriate Management or Board committee and oversees implementation of changes following Credit Policy updates to 1LOD procedures and processes where appropriate. Ensures that all loans comply with established policies and procedures.
• Periodically reviews the loans portfolio reporting with Relationship Managers across assigned regions or products to ensure appropriate loan classification/risk trend. Monitors the quality of the loan portfolio and exposures. Brings concerns to the attention of the relationship manager and provides guidance in developing plans for appropriate action in order to ensure quality portfolio management.
• Actively participates in evaluating all adversely classified credits or relationships and recommends or approves action plans, within delegated approval authority, intended to remedy credit situations experiencing temporary or sustained financial distress. Works with relationship managers responsible for identifying alternatives to resolve problem loan situations, ensures accuracy and completeness, and opines on appropriateness as necessity arises.
• Participates in Loan Review and Compliance exit reviews and ensures that corrective actions are taken to cure exceptions and further to prevent reoccurrence. Reviews appropriate reports for assigned regions or products to monitor delinquencies, accrual exceptions, and overdrafts.
• Provides support to ensure compliance and consistent execution with all applicable laws, regulations, regulatory guidance, and administrative duties.
• Maintains a proactive commitment to established bank programs, such as CustomerFirst, Community Reinvestment Act (CRA), Community Lending Mortgage Program, Small Business (SBA) Loan Programs, and Affirmative Action.
• Complies fully with all bank risk management, 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, City National Code of Conduct, etc.)

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