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City National Bank
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Jobs//Hybrid//Los Angeles, CA//Data + Analytics//

Credit Analyst I PBB

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CREDIT ANALYST I - PBB


WHAT IS THE OPPORTUNITY?



Analyzes credits and Certified Public Accountant ("CPA") prepared financial statements. Enter financial statements and related information to financial spreadsheet software programs for analysis. Prepare summary and/or credit approval reports documenting credit analysis and supporting information for credit decision recommendations. Responsibilities also include handling commercial collections requiring client contact and deal documentation, preparing credit retrospectives, identifying causative factors to troubled loan structures/deals and preparing account debtor notification letters, forbearance agreements and other standardized correspondence and documentation. This position will also compile and prepare monthly reports (doubtful logs, non-accruals, charge-offs, potential problem loans) for team leaders and assist in quality control review of written communications. Perform other department-related duties as requested.


Personal and Business Banking Division
As a member of City National's Personal & Business Banking group, you will have the opportunity to make a real difference through a signature client experience. Our branch network delivers proactive advice and high-level financial solutions with a Global Relationship Management™ model that most banks extend only to larger businesses and high-net-worth families. Our tailored solutions address the financial needs of individuals, organizations and small to mid-sized businesses with an array of products and services, from simple to complex.


WHAT WILL YOU DO?



  • Prepare credit analysis and investigation of new and renewed loans. Request and provide the necessary documentation and financial facts for Credit Officer to analyze, evaluate, and determine appropriate credit structure and terms for potential borrowers.
  • Monitor for receipt, and analyzes and evaluates documents surrounding credits. This may include financial statements for the company, owners, and/or guarantors, tax returns, cash flow, collateral, covenants, A/P & A/R aging, credit reports, etc. to identify strengths and weaknesses as pertaining to a borrower's financial position.
  • Provide analytical functions relating to due diligence, document processing, financial statements, trend analyses, asset search, covenant compliances, and monitor settlements and judgments related to transactions, credit approval, and renewals. Prepare summary documenting factual analysis and supporting information for credit decision recommendations.
  • Monitor and review data from loan systems and prepares Excel spreadsheets and charts to identify portfolio trends.
  • Prepare Loan Approval Summaries and/or Loan Committee reports on existing loans. Utilize programs like Lexis Nexus, Pacer, Moody's Risk Origins, Monarch, Asset Reader, etc.


WHAT DO YOU NEED TO SUCCEED

Must-Have*

  • Bachelor's Degree Finance, Accounting, Business Administration, or Economics
  • Minimum 1 year of experience in a banking or financial services environment

Skills and Knowledge

  • Capable of working well independently and in teams
  • General knowledge of credit, accounting, credit policy and financial statement analysis.
  • Excellent organizational and analytical skills.
  • Some ability to analyze credits, as well as a detailed knowledge of lending structure and sources and uses of cash.
  • Good verbal and written communication skills to present clear and precise recommendations based upon analysis for action on loans and loan treatments.



*To be considered for this position you must meet at least these basic qualifications
The 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.


INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.


ABOUT CITY NATIONAL



We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.

 

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What are City National Bank Perks + Benefits

City National Bank Benefits Overview

We strive to be the best at whatever we do, and that includes the benefits and perks we offer our colleagues.
We understand that colleagues have different needs. As a result, we look to offer a holistic program to support and address physical, emotional, financial and social needs.

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity employee resource groups
Our 11 Colleague Resource Groups (CRGs) help colleagues deepen their relationships and knowledge at work, encouraging more people to connect, learn and celebrate with each other.
Hiring practices that promote diversity
Health Insurance + Wellness
Flexible Spending Account (FSA)
FSAs allow colleagues to set aside pretax dollars to help pay for medical and/or dependent day care expenses.
Disability insurance
Coverage generally begins the first day of the month following hire date. Short- and long-term disability benefits are available to colleagues to assist with periods of injury or illness.
Dental insurance
Preventive care as well as basic and major dental services are provided through either a preferred provider plan (PPO) or a dental maintenance plan (DHMO).
Vision insurance
Coverage is available for vision exams, contact lenses, glasses and frames.
Health insurance
Coverage generally begins on the first day of the month following employment, and colleagues are able to cover spouses, domestic partners and/or dependent children.
Life insurance
When you become eligible for CNB Benefits, the company will provide you with basic life insurance equal to 1½ times your annual base salary, up to a maximum of $100,000 of coverage – at no cost to
Wellness programs
Enjoy access to a wide range of health tools and resources, including health screenings, coaching and/or fitness challenges – all kept confidential and secure.
Financial & Retirement
401(K)
401(K) matching
Pretax and Roth 401(k) - the company matches 75% of the first six percent of eligible pay a colleague contributes each pay period. Match dollars are immediately vested.
Performance bonus
Some positions may be eligible for bonus and/or commissions.
Child Care & Parental Leave
Generous parental leave
Family medical leave
Adoption Assistance
Vacation + Time Off
Paid volunteer time
Paid holidays
Paid sick days
Professional Development
Job training & conferences
Tuition reimbursement
Lunch and learns
Promote from within
Mentorship program
Continuing education available during work hours
Customized development tracks
Paid industry certifications
View full list of perks + benefits
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