PB Sr Lending Specialist (CRE/Construction)

Citizens Bank•New York, NY

8h•$130,000 - $160,000•Hybrid

About The Position

The Private Bank Senior Lending Specialist supports the Relationship Manager with their client's loan portfolio with extraordinary care and service. The Senior Lending Specialist works in primarily operational, processing, and analytical capacities, ensuring a high level of quality control from the loan application through the closing process. The Sr PB Lending Specialist has a strong understanding of Citizens Private Bank's credit policy, underwriting guidelines, and loan origination systems.

Requirements

Bachelor’s degree in finance, economics, business, or a related field.
Strong analytical and problem-solving skills.
Excellent communication and interpersonal abilities to interact with clients and colleagues.
Proficiency in financial modeling, credit analysis tools, and banking software.
Ability to handle sensitive client information with discretion and integrity.
5+ years of credit risk experience, ideally in the financial services industry.
In-depth knowledge of bank loan, deposit, mortgage and credit products
Ability to understand the overall credit capabilities and risk management philosophy of the firm

Nice To Haves

MBA will be considered an asset.

Responsibilities

Performs much of the same roles and responsibilities as the PB Lending Specialist and PB Lending Associate, with the understanding that the Sr. PB Lending Specialist is expected to lead, mentor, and manage team members in loan pipeline oversight, training and guidance, and is an expert on Citizens Private Bank credit policy, underwriting guidelines, and loan origination systems.
After RM handoff, serves as main POC for RM/Client Relations team and third parties to lending transactions.
Performs thorough analysis of client's financials to determine loan eligibility and qualification.
Monitors active pipeline to ensure loan workflow is efficient and meeting closing deadlines.
Maintains a high level of quality control for verifying accuracy of financial and loan documents.
Manages end-to-end loan process with internal/external partners from the time the loan is live through closing.
For Sr PB Lending Specialists who specialize in Residential Lending, responsibilities includes Setting up the loan and borrower terms in Empower, Locking the rate and ordering an appraisal, ordering title with escrow or attorney partners, preparing the initial loan estimate, initiating condo/co-op reviews, completing Underwriting Reviews and generating conditions, reviewing any additional financials and uploading to the loan origination system, composing loan narrative and identifying underwriting guideline variances or policy exceptions, and providing an initial approval decision or loan recommendation for a Credit Risk officer's approval.
For Sr PB Lending Specialists who specialize in Commercial Real Estate or Multi-Family Lending, responsibilities include completing the underwriting/analysis of the property as well as the guarantors and sponsors. Responsible for making sure the financial and collateral documents received meet Private Bank guidelines and lead the conversation with the Relationship Manager, Client Relations Team, or Credit Risk Officer to determine next steps, obtains additional needs from the clients, prepares the loan file for approval and closing.