Specialty Lending, Custom Credit Associate (PB Consumer)

Citizens Financial Group • Johnston, RI

3d • Hybrid

About The Position

As a Private Bank, Specialty Lending & Custom Credit Associate at Citizens Private Bank, you will work with the relationship banking team to provide credit solutions tailored to clients’ needs and circumstances. The role primarily focuses on clients’ lending transactions, underwriting, and credit analysis in accordance with Citizens Private Bank’s credit policies and guidelines and applicable regulatory requirements. The associate is responsible for the accuracy and completeness of underwriting and analysis.

Working with the credit risk officer, relationship manager, and portfolio management, the associate manages the end-to-end lending process—from handoff by the relationship banking team and recommending loans for credit approval through funding and closing, followed by portfolio-quality maintenance. The associate serves as the main point of contact for internal and external parties to lending transactions and keeps the relationship management team informed about transactions, pipeline, and portfolio performance.

This is a full-time, Monday–Friday position with a 40-hour workweek. The work arrangement is four days in the office and one day working from home in one of the required locations.

Requirements

• Bachelor’s degree in finance, economics, business, or a related field.
• Three to five or more years of credit risk experience, ideally in financial services, with experience in specialty lending, custom lending, or securities-based lending (SBL).
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities for interacting with clients and colleagues.
• Proficiency in financial modeling, credit analysis tools, and banking software.
• Ability to handle sensitive client information with discretion and integrity.
• In-depth knowledge of bank loan, deposit, mortgage, and credit products.
• Ability to understand the firm’s overall credit capabilities and risk-management philosophy.
• Experience and proven success with banking concepts including marketable secured lending, investment real estate loans, concentrated collateral loans, aircraft lending, owner-occupied commercial real estate, and bridge loans.

Nice To Haves

• An MBA will be considered an asset.

Responsibilities

• Evaluate and approve lending requests for private banking and UHNW clients, including custom lending, partner lending, and securities-based lending (SBL).
• Apply knowledge of Citizens Private Bank’s credit policy, lending origination systems, and applicable regulatory requirements.
• Verify the accuracy of financial and loan documents and maintain a high level of quality control.
• Manage the end-to-end loan process with clients and internal and external partners, from inquiry through post-closing, including presenting loans to the Credit Officer for approval, locking and submitting loans, collecting conditions, coordinating closings, and addressing post-closing requests.
• Monitor the loan pipeline to support efficient workflows and meet closing deadlines.
• Review financial statements, credit history, and other documentation to assess creditworthiness and recommend lending terms.
• Maintain ongoing dialogue with existing borrowing clients.
• Advise on, negotiate, and execute loan structures.
• Stay current on Citizens Private Bank lending products, regulatory requirements, and market conditions.
• Work with other Private Bank teams, investment advisors, and trust services to deliver lending solutions.
• Ensure lending activities comply with internal policies, regulatory standards, and fiduciary obligations.
• Keep the relationship management team informed about transactions, pipeline, and portfolio performance.

Benefits

• Competitive pay
• Comprehensive medical coverage
• Dental coverage
• Vision coverage
• Retirement benefits
• Maternity and paternity leave
• Flexible work arrangements
• Education reimbursement
• Wellness programs
• Paid time off that exceeds the mandatory paid sick or paid time-away policy of every local and state jurisdiction in the United States
• Opportunity to earn additional incentive

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level