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At City National, we are constantly in search of experienced, client service oriented professionals who want to become a part of our team and make a difference.

Credit Officer I

Job ID BIS-9586 CityEl Segundo StateCalifornia Exempt/Non ExemptExempt ShiftDay Work ScheduleMon - Fri, 8a - 5p
The Commercial Credit Officer II is responsible for participating in the loan management process by providing credit and loan underwriting decisions on commercial loans for various business units. Responsibilities include analyzing prospective loan applications, determining loan transactions and credit worthiness of borrowers, preparing credit analysis and providing opinions and recommendations regarding proposed credit and potential risks and determining the appropriate loan structure and documents needed to secure the Bank's position. Ensures all due diligence and background evaluation is complete and thorough before credit approval is granted.
Responsibilities:
  • Reviews loan application and financial information; evaluates and determines credit structure and terms; fully underwrites CRR consistent with Bank format, policies and procedures; determines sources and uses of funds; analyzes industry data, competitive factors, historical performance, projected results, risks, and mitigating factors.
  • At the direction of and/or in concert with the Relationship Manager, contacts borrowers directly, as appropriate, for additional information and details related to loan request or clarification of financial materials and resources.
  • Coordinates loan documentation including work with legal, CLC, or other outside counsel to obtain the correct, accurate documents to ensure all loan are documented to fully protect the Bank's interests in the credit relationship. Reviews collateral periodically to minimize credit exposure. Ensures that all documentation policy exceptions are cleared within the waiver period.
  • Collaborates with team members by providing credit alternatives and creative ways to structure credits ensuring that transactions are within profitability and portfolio risk standards. Authors credit approval memorandum.
  • Restructures loans and/or lines of credit as required. Assumes accountability for minimizing Bank losses.
  • Maintains up-to-date knowledge on all Bank lending policies and regulations. Confers with the Team Manager and appropriate Bank personnel regarding new/existing lending requirements and regulations.
  • Supports relationship management team by monitoring performance of borrowers, identifying problem credits, and taking a proactive approach toward resolution. Reviews risk grading on an ongoing basis to identify potential credit issues. Escalates potential credit issues to Credit Manager and relationship team.
  • Maintains a proactive commitment to established bank programs, such as Community Reinvestment Act (CRA) and Affirmative Action.
  • Complies fully with all Bank Operational and Credit policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.).
  • Works with the Sr. Underwriter in structuring creative deals and determining alternative approaches.
Basic Qualifications:
  • *Minimum 3 years experience in underwriting small business, commercial credit or consumer loans required.
  • *Minimum 3 years of experience in a banking or financial services required.
  • *Bachelor's degree in Finance, Accounting, or Economics or Credit training is required.
Skills & Knowledge:
  • Excellent knowledge of commercial credit policies and procedures.
  • Excellent credit analysis and accounting skills.
  • Strong ability to communicate skillfully and effectively in both verbal/written forms.
  • Good organizational skills.
  • Ability to assume responsibility and accountability for decision making.
  • Ability to work well independently and in teams and interact effectively with all levels of Bank personnel and outside contacts.
*Represents basic qualifications of the position. To be considered for this position you must at least meet the basic qualifications.

City National Bank is an Equal Opportunity Employer -- Minorities/Females/Individuals with Disabilities/Veterans.

Note: This preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Note: Candidates should be advised that City National Bank does not pay interviewee travel expenses or relocation expenses for candidates who are hired unless previously agreed.

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
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  • Credit Administration, El Segundo, California, United StatesRemove