Credit Specialist - Middle Market

Citizens Bank • Los Angeles, CA

3d • Onsite

About The Position

This role will support the Middle Market Banking team in California on a variety of credit administrative tasks. The Credit Administrative Specialist will maintain and update credit files, taking ownership and accountability for the overall credit file maintenance process. This includes scanning hard copy financial reports, adding periodic financial reporting received from clients, and internal documents such as approval memos and appraisals. The role also involves coordinating with CBCS on document exceptions and with the Risk Management group to provide data for quarterly compliance testing.

Requirements

• Minimum two years working experience in Commercial Banking or combined experience and education will be considered.
• Good knowledge of the credit process, loan documentation and collateral.
• Excellent written and verbal communication skills
• Ability to interact with all levels of employees, including senior executives
• Has a clear sense and ability of when and why to escalate conflicts, concerns and issues
• Ability to prepare presentations and reports using Word, Excel and PowerPoint
• Ability to work independently and use own discretion when faced with decision making
• Ability to organize and prioritize work and pay attention to detail

Nice To Haves

• Bachelors degree preferred
• Experience in using Moody’s Credit Analyst, AFS, SalesForce, Content Manager is preferred.

Responsibilities

• Maintain and update credit files, taking ownership and accountability for the overall credit file maintenance process.
• Scan hard copy financial reports submitted by client.
• Add periodic financial reporting received from clients and internal documents such as approval memos, appraisals, etc.
• Coordinate with CBCS on document exceptions.
• Coordinate with Risk Management group to provide data for quarterly compliance testing.
• Maintain FaCT Database and assist with Exception Management.
• Receive financial reporting from Portfolio Managers or Credit Analysts and update FaCT to reflect receipt.
• Pull financial reporting from Intralinks or Syndtrack (when available) and update FaCT.
• Coordinate with Portfolio Managers and Credit Analysts to update FaCT to reflect completed annual reviews.
• Run reports (primarily FaCT and ORA) and proactively follow-up with PM’s, CA’s and PM TL on coming due items along with past due items and other exceptions.
• Provide email reminders to clients regarding due dates for upcoming and/or past due reporting requirements.
• Assist with the CRM Dashboard New Client Set-Up.
• Set-up FaCT evaluation requirements including financial reporting requirements, covenants and the annual review requirement.
• Update Tracking Questions (including Country of Risk, ESE, etc.).
• Ensure industry codes are correct for identification and tracking purposes.
• Properly identify Leverage Lending, Sponsor Owned accounts as well as multi-bank and SNC credits along with named agents.
• Complete the spread request forms and submit financial statements to Credit Services (i.e. spreading group) as requested by Portfolio Managers or Credit Analysts.

Benefits

• Comprehensive medical, dental and vision coverage
• Retirement benefits
• Maternity/paternity leave
• Flexible work arrangements
• Education reimbursement
• Wellness programs
• Paid time off policy exceeds the mandatory, paid sick or paid time-away policy of very local and state jurisdiction in the United States.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree