Specialty Finance Risk Director

City National Bank of Florida•Miami, FL

About The Position

The Specialty Finance Risk Director is a senior risk role within CNB’s Capital Markets Risk Management function, responsible for the independent credit risk oversight, governance, and portfolio integrity of the Bank’s Fund Financing and Institutional Financial Sponsor lending activities. This role supports balance‑sheet debt capital strategies across CNB’s Institutional Financial Sponsors segment, serving as a key risk partner to businesses covering Private Equity, Private Credit, Hedge Funds, Asset Managers, Family Offices, and other alternative investment platforms. Reporting directly to the Chief Credit Risk Officer, the Director provides strategic leadership across subscription finance, NAV‑based lending, hybrid facilities, ABS‑adjacent structures, Mortgage Warehouse and other specialty capital markets transactions, ensuring strong risk discipline, regulatory compliance, and sustainable portfolio performance.

Requirements

10+ years of progressive experience in: Credit Risk Management Capital Markets, Structured Finance, Fund Finance, or Specialty Finance within a regulated banking environment Fund Finance, Private Equity, Private Credit, or Specialty Lending
Demonstrated experience overseeing institutional financial sponsor portfolios within a regulated banking environment.
Demonstrated experience with subscription facilities, NAV lending, mortgage warehouse facilities, or asset backed lending to funds.
Proven ability to operate at a senior leadership level, influencing executive decision making.
Strong understanding of: Financial markets and lending practices Fund finance structures and specialty credits Regulatory requirements and supervisory expectations
Proficiency in quantitative analysis, credit risk modeling, and portfolio analytics.
Advanced data analysis skills with the ability to translate complex risk concepts into clear executive level insights.
Excellent written and verbal communication skills.
Bachelor's Degree in Finance, Economics, or related field.
Master's Degree in Finance, Economics, or related field.

Responsibilities

Provide second line independent credit risk oversight for Fund Financing and Institutional Financial Sponsor transactions and portfolios.
Oversee the credit delivery process for balance sheet lending supporting capital markets and specialty finance strategies.
Ensure all credit activities comply with regulatory requirements, CNB credit policy, risk appetite, and internal controls.
Serve as Senior second line risk approver for complex, high exposure, or non standard fund financing transactions within delegated authority, providing independent challenge and approval separate from origination.
Provide independent risk oversight for mortgage warehouse and asset backed lending to funds and non bank financial institutions, including borrowing base structures, collateral eligibility, and take out risk.
Conduct comprehensive portfolio level risk analyses, identifying trends, emerging risks, and concentration concerns.
Design and oversee portfolio level stress testing, reverse stress scenarios, and sensitivity analyses to assess performance under liquidity shocks, valuation compression, and capital markets dislocation
Recommend portfolio adjustments, underwriting enhancements, or risk mitigation strategies to maintain a healthy risk profile.
Monitor sponsor quality, investor composition, collateral structures, leverage, liquidity, and performance metrics.
Develop, maintain, and enhance credit policies, underwriting standards, and approval frameworks specific to: Fund Finance (Subscription, NAV, Hybrid) Specialty lending and structured credit Capital markets related balance sheet exposures
Balance risk discipline with commercial objectives, ensuring alignment with CNB’s strategic growth initiatives.
Work closely with loan syndications, senior bankers, capital markets, sales, trading, and treasury teams to assess and mitigate credit risks.
Provide strategic risk input on new products, structures, sponsors, and markets.
Support holistic client solutions by integrating credit risk perspectives across banking and capital markets activities.
Prepare and present comprehensive credit risk reports to executive leadership, risk committees, and the Board, clearly articulating findings, trends, and recommendations.
Serve as subject matter expert for all aspects of specialty credits, including Fund Finance, ABS related exposures, and capital markets transactions.
Lead and support internal audits, regulatory examinations, and independent risk reviews related to fund financing and specialty lending.
Provide leadership, mentorship, and guidance to the Capital Markets / Fund Financing Risk Management team.
Foster a culture of strong risk governance, accountability, collaboration, and continuous improvement.
Build scalable risk processes and capabilities aligned with portfolio growth and regulatory expectations.