Private Bank Senior Credit Officer

Citizens Financial Group • Los Angeles, CA

11d • $225,000 - $275,000

About The Position

The Private Bank Senior Credit Officer is responsible for overseeing the credit approval process, assessing credit risk, and ensuring the bank’s lending practices align with regulatory standards and internal policies. This role plays a critical part in maintaining a high-quality credit portfolio across private banking clients, including high-net-worth individuals, family offices, and select corporate entities, where you will work autonomously and will be recognized as a subject matter expert.

Requirements

• 10 or more years of experience in credit with exposure to Private Banking preferable
• Strong understanding of private banking products and credit structures
• In-depth knowledge of regulatory requirements
• Excellent communication, analytical, decision-making, and interpersonal skills
• Proven ability to assess complex credit transactions and lead credit discussions

Responsibilities

• Evaluate and approve credit proposals, including credit products offered by the Private Bank in the Consumer and Commercial product lines to support Private Banking relationships (verticals, Consumer / Mortgage/HELOC/Custom unsecured HNW / SBL Commercial : C&I/ CRE / Multi Family/ Non for Profit / PE/VC/Manco, following the client approach connecting credit offerings across the Private Bank vertical engaging in opportunities and mitigating credit risk)
• Conduct in-depth second line credit risk analysis review of clients’ financial profiles, collateral, and market conditions
• Provide independent risk assessments and recommendations for larger or more complex transactions
• Monitor and manage the performance and quality of the credit portfolio, identifying early warning signs of deterioration
• Establish and maintain credit risk frameworks, policies, and guidelines tailored to high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients
• Develop, maintain, and update credit policies and procedures to ensure compliance with regulatory requirements and risk appetite
• Collaborate with relationship managers, portfolio managers underwriting teams and legal teams to structure appropriate credit solutions
• Provide coaching, guidance, and training
• Meet with clients, engage in site visits
• Participate in internal and external audits and regulatory reviews and remediation plans
• Contribute to risk modeling, and portfolio analytics initiatives as necessary
• Liaison to CFG partners for appropriate resourcing and identification of client opportunities to best serve the client, and Citizens organization
• Prepare periodic reports for senior management on credit exposures, portfolio quality, and risk trends

Benefits

• We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more.
• Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees