Specialty Lending, Custom Credit Associate (PB Consumer)

Citizens Wealth Management Group; San Francisco (CA); Hybrid; USD 115,000 - 145,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Retirement benefits

Flexible work arrangements

Education reimbursement

Wellness programs

Job summary

Citizens Private Bank in San Francisco is seeking a Private Bank Credit Associate to join the relationship banking team. You will focus on lending transactions, underwriting, and credit analysis in line with the bank's policy and regulatory requirements, serving as the main point of contact for internal and external parties.

Responsibilities include evaluating requests for private banking credit products, maintaining high data quality, managing end-to-end loan processes from inquiry to closing,

Qualifications

• Bachelor’s degree in finance or related field; MBA asset considered.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Proficiency in financial modeling and credit analysis tools.
• Ability to handle sensitive client information with discretion.
• 3–5+ years of credit risk experience in financial services.
• Knowledge of bank loan, deposit, mortgage and credit products.
• Understanding of credit risk management philosophy.
• Experience with specialty lending including SBL and custom lending.
• Ability to assess lending structures and negotiate terms.

Responsibilities

• Evaluate and approve lending requests for private banking/UHNW clients, including specialty lending products such as custom lending, partner lending, and SBL.
• Knowledgeable on Citizens Private Bank's credit policy, lending origination systems, and regulatory requirements involved in private bank lending.
• Maintain a high level of quality control for verifying accuracy of financial and loan documents.
• Manage end-to-end loan process with clients and partners from inquiry through post-closing (e.g., presents loan to Credit Officer for approval, locks & submits loans, collects conditions, assists with closing coordination).
• Monitors pipeline to ensure loan workflow is efficient and meeting 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, negotiate and execute loan structures.
• Stay current on Citizens Private Bank’s lending products, regulatory requirements, and market conditions.
• Work with other Private Bank teams, investment advisors, and trust services to deliver lending solutions.
• Ensure all lending activities comply with internal policies, regulatory standards, and fiduciary obligations.

Skills

Analytical skills

Communication skills

Financial modeling

Credit analysis tools

Credit risk experience

Specialty lending

Banking products knowledge

Risk management

Marketable secured lending

Investment real estate loans

Education

Bachelor’s degree

MBA asset

Tools

Banking software

Credit origination systems

Job description

Description

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. Primary focused on client’s lending transactions, underwriting, and credit analysis in line with the Citizens Private Bank’s credit policy and guidelines, and regulatory requirements. Responsible for the accuracy and completeness of the underwriting/analysis. Working with credit risk officer, relationship manager, and portfolio management, the Credit Associate is responsible for managing the end-to-end process from relationship banking team hand-off, working work credit risk officer to recommend loan for credit approval, funding, closing, and working with portfolio management to maintain credit quality. They are the main POC for all internal/external parties to lending transactions while keeping the relationship management team in the loop on transactions, pipeline, and portfolio performance.

Job Responsibilities

• Evaluate and approve lending requests for private banking/UHNW clients, including specialty lending credit products such as custom lending, partner lending, and SBL.
• Knowledgeable on Citizens Private Bank's credit policy, lending origination systems, and regulatory requirements involved in private bank lending.
• Maintenance of a high level of quality control for verifying accuracy of financial and loan documents.
• Manages end-to-end loan process with clients, internal/external partners from inquiry through post-closing (e.g., presents loan to Credit Officer for approval, locks & submits loans, collects conditions, assists with closing coordination and any post-closing requests).
• Monitors pipeline to ensure loan workflow is efficient and meeting closing deadlines. investment-related financing.
• Review financial statements, credit history, and other documentation to assess creditworthiness and recommend lending terms.
• Maintain an ongoing dialogue with existing borrowing clients.
• Advise, negotiate and execute loan structures.
• Stay current on Citizen’s Private Bank’s lending products, regulatory requirements, and market conditions.
• Work with other Private Bank teams, investment advisors, and trust services to deliver lending solutions.
• Ensure all lending activities comply with internal policies, regulatory standards, and fiduciary obligations.

Required Qualifications, Capabilities, Skills

• Bachelor’s degree in finance, economics, business, or a related field. MBA will be considered an asset.
• 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.
• 3-5+ years of credit risk experience, ideally in the financial services industry with experience in specialty lending, custom lending, or securities-based lending (SBL)
• 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
• Experience and proven success with banking concepts including, but not limited to: marketable secured lending, investment real estate loans, concentrated collateral loans, aircraft lending, owner-occupied commercial real estate and bridge loans

Work Structure

• Full-Time Position; Monday-Friday
• 40 Hours
• 4 days in office/1 day work from home in one of the required location(s) listed

Pay Transparency

The salary range for this position is $115,000.00 - $145,000.00 per year, plus an opportunity to earn additional incentive. Actual pay is based on various factors including but not limited to the budget, work location, and relevant skills and experience. We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits (opens in new window) .

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.