Wholesale Portfolio Risk Officer III

City National Bank (CNB); Coral Gables (FL); On-site; USD 120,000 - 180,000; Full time

Job summary

City National Bank of Florida is seeking a Wholesale Portfolio Risk Officer to ensure portfolio quality, lead debt product opportunities, and oversee underwriting, structuring, and credit package preparation for review and approval. This role interfaces with clients to build relationships and uphold underwriting standards.

The position requires analyzing cash flows, monitoring portfolio performance, and maintaining credit policies across debt products, with regular client visits and

Qualifications

• Strong communication and analytical/technical skills including financial accounting and loan structuring.
• 5-10 years of small business banking credit risk and lending experience.
• Completion of formal credit training.

Responsibilities

• Underwrite Commercial and Industrial loans and Commercial Real Estate loans.
• Renewals of commercial real estate loans and opening of new loans.
• Manage wholesale risk portfolios including underwriting and relationship tracking.
• Provide independent credit decisions per bank policies and guidelines.
• Coordinate with Relationship managers to gather data and monitor portfolio trends.
• Maintain and update credit policy and underwriting guidelines for debt products.

Skills

Credit risk analysis

Financial analysis

Loan structuring

Communication skills

Negotiation

Interpersonal skills

Education

Bachelor's degree in Finance/Accounting/Business

Equivalent combination of education/experience

Job description

Overview

The Wholesale Portfolio Risk Officer, ensures the overall quality of the portfolio is maintained. Handles the client's financial needs, ensuring that the overall client experience is favorable and that the bank is in a position to expand the relationship. Takes the lead where debt product opportunities are identified and is accountable for all aspects of due diligence, underwriting, structuring and preparing the credit package for review and approval. Interfaces directly with the client and participates in building the client relationship. Additionally, to maintaining and updating as necessary credit policy and underwriting guidelines for debt products for this line of business.

Principal Duties & Responsibilities:

• • Primary duties and responsibilities include Commercial and Industrial Underwriting and Commercial Real estate renewals and opening of new loans to render a lending decision, portfolio loans while maintaining quality control of new loans which is essential to the sound business operations of the bank.

  • Given the lack of automated systems and lack of automated preliminary decisions by scheduled systems for portfolio loans, you will be responsible to make sound decisions within own lending authority and makes recommendations for loans requiring exception approval authority, based on your own independent analysis and interpretations of cash flows, and banking lending risk guidelines (100% manual non-automated portfolio- Commercial, Industrial Underwriting; Consumer Underwriting and Commercial Real Estate underwriting).

  • Responsible for the ongoing management of the Wholesale Risk portfolios including underwriting.

  • Manages relationships via a master portfolio report for tracking all renewals, annual reviews, servicing events, covenant checks and borrowing base reports by relationship.

  • Makes independent decisions on the creditworthiness of commercial clients of the Bank which includes: determining financial trends based on financial analysis; determining appropriate credit grading; determining, negotiating and finalizing appropriate credit structures; and providing independent recommendation of final credit decisions as per the Bank’s credit policies and guidelines.

  • Work closely with lines of business to obtain supporting information and data to develop a consistent view of portfolio trends.

  • Drives analysis of wide-ranging business risks that have financial impact and provide insight into trends in portfolio performance and profitability.

  • Monitors portfolio activity for the following:

  • 180 day Maturing Report

  • Upcoming and Past Due Servicing tickler reports

  • Upcoming and Past Due Financial Statement tickler reports

  • Interface with Collateral Control Department for monthly borrowing base reports and field exams as required per loan approvals

  • ACH Expiration Report

  • Remote Deposit Capture Report

  • Monthly Reconciliation of the loan policy exception waivers

  • Coordinates the requisition of upcoming financial statement requirements from clients in conjunction with Wholesale Banking Relationship managers.

  • Provides appropriate lead time to ensure compliance and to coordinate renewal or servicing timeframes are met.

  • Manages high volumes of documents (financial statements) for upcoming portfolio events until documents have been reviewed, ticklers updated and uploaded in Web Director.

  • Attends joint appointments.

  • Required to visit Clients at place of business.

Qualifications

• 5-10 years of small business banking credit risk and some small business lending experience.
• Completion of formal credit training.

• Strong communication and analytical/technical skills are required, including financial accounting and loan structuring.

• Demonstrated business calling and negotiation experience are necessary.

• Exposure to multiple business lines is required with experience at handling more complex transactions.

• Good interpersonal skills are required to deal with banking professionals with various skill sets, risk management staff, clients and auditors.

Education

• Bachelor's Degree in Finance, Accounting, Business Administration, Economics.
• An equivalent combination of education and/or relevant professional experience may be considered in lieu of a degree.

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 [e-mail] 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.