Job Description

Overview

The New Business Portfolio Risk Officer, is primarily responsible for underwriting and processing loans for new bank clients and new loans to existing bank clients for commercial real estate. Depending on workflow requirements, may also be responsible for underwriting loan renewal. Ensures and maintains the quality control of loans which is essential to the sound business operations of the bank. Responsible for the ongoing administration of assigned loan portfolio, including but not limited to, underwriting and processing of new commercial real estate credit requests including the larger, more complex credits, construction projects, underwriting specialty property assets, renewals/modifications of existing credits including the larger, more complex credits, performing or overseeing timely completion of annual loan reviews, monitoring loan covenants, and assessing changes in risk based upon prevailing market and industry conditions. This position will directly report to and be responsible for performing special projects for the Real Estate Risk Director, or their designee, as needed.

Principal Duties & Responsibilities:

• Primary duties and responsibilities include underwriting loans for new bank clients and new loans to existing bank clients.
• Participates with Relationship Managers by monitoring, maintaining and potentially growing loan portfolios. Help with the identification of any changes in risk associated with existing loans and take necessary course of action.
• Supports Relationship Managers in their sales efforts, accompanying Relationship Managers on joint client and prospect calls, and supports other sales/client-oriented projects as needed including but not limited to providing market research.
• Develops a working knowledge of all existing client relationships and prospect opportunities.
• Ensures compliance with underwriting guidelines, credit policy, as well as regulatory requirements and responsibility for understanding all material respective changes and their potential impact on the loan portfolio.
• Conducts or coordinates structuring and underwriting of new credit requests and preparation of credit approval packages, responsible for aggregating credit relationship details and quality control of any supporting analyses prepared by colleagues in conjunction with the underwriting process.
• Supports Relationship Managers in the maintenance of existing loan client relationships by processing renewal/modification transactions related to upcoming maturing credits including participating in any applicable restructuring of existing terms and conditions.
• Collaborates with the Relationship Manager in the gathering of clients’ financial information for timely preparation of all underwriting and portfolio servicing assignments including but not limited to annual loan review and covenant testing.
• Responsible for keeping the Real Estate Risk Director advised on adverse changes in the risk profile of loans within their assigned portfolio due to changes in financial performance as well as market and industry conditions.
• Support the Relationship Manager when necessary to document risk rating changes, Watch List Action Plans, and or the transfer of underperforming credits to the Asset Recovery Department.
• Participates with Bank examiners, auditors, and loan review staff in their review of the Real Estate loan portfolio, including coordination of any loan related requested materials and completion of responses as required.
• Participates in industry-sponsored associations, seminars, and activities to further the Bank’s understanding and presence in the market.
• Conducts ad hoc projects and assignments as directed by the Real Estate Risk Manager or Director of Real Estate Risk, or their designee.

Qualifications

• 10+ years of commercial real estate underwriting and or portfolio management, preferably with OCC regulated institutions.
• Construction underwriting experience a plus.
• C&I experience (with owner-occupied Real Estate) a plus.
• Computer literate; fluency in Microsoft Office programs, particularly Excel analysis required.
• Strong verbal, written, and interpersonal skills.
• Effective report writing and other written communication skills.
• Detailed-oriented and organized.
• Ability to solve problems, make decisions, juggle underwriting of multiple deals, prioritize tasks, and meet required deadlines.
• Ability to highlight loan risks or any problems or questions during the deal underwriting phase and prior to finalizing the analysis.
• Ability to make decisions quickly and confidently based upon the analysis.
• Ability to work independently with minimal supervision.
• Clear verbal communication with internal customers as well as external customers and third-party participants (as needed).
• Ability to establish and maintain effective work relationships both internally and externally.

Education

• Bachelor's Degree in Accounting, Finance or Economics.

Special Instructions to Candidates

Equal Opportunity

City National Bank of Florida is an Equal Opportunity Employer. We do not discriminate based on race, color, religion, sex, national origin, age, disability, genetic information, protected veteran status, or any status protected by federal, state, or Florida law. We comply with the ADA and applicable Florida laws.

Interview Guidelines

To ensure a fair and consistent interview process, applicants are not permitted to use AI-enabled devices during interviews, including AI glasses or similar wearable technology that can record, transmit, or generate real-time information.

Applicants who require a reasonable accommodation to participate in the interview process should contact talent.attraction@citynational.com in advance of the interview to submit an accommodation request. City National Bank of Florida will engage in the interactive process and provide reasonable accommodations in accordance with applicable law.