Private Client Group Portfolio Risk Officer Position Available In Miami-Dade, Florida

Private Client Group Portfolio Risk Officer City National Bank of Florida – 3.8

Miami, FL Job Details Full-time Estimated:

$92.1K – $138K a year 5 hours ago Qualifications Microsoft Excel Microsoft Office Finance Analysis skills Bachelor’s degree Accounting Financial accounting Senior level 2 years Communication skills

Banking Negotiation Full Job Description Overview:

The Private Client Group Portfolio Risk Officer primary risk function is to maintain acceptable and appropriate risk servicing of existing Private Banking relationships through the performance of the following: annual servicing analysis and/or annual renewals; annual (or more frequently as appropriate) risk rating monitoring; covenant compliance testing and monitoring as scheduled per credit approvals; monitoring of asset-based borrowing base compliance as per credit approvals; back-up support for underwriting of new increased loan relationships, as needed. Responsible for the processing of Commercial and Industrial Underwriting and Consumer underwriting; Commercial Real Estate. This position does not involve Residential Underwriting.

Principal Duties & Responsibilities:

Primary duties and responsibilities include Commercial and Industrial Underwriting and Consumer underwriting; 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 with backup support to the Wholesale Banking consumer and serves as additional underwriting support. 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 renewa lor servicing timeframes is met. Manages high volumes of documents (financial statements) for upcoming portfolio events until documents have been reviewed, ticklers updated and uploaded in Web Director. Requisitions and tracks financial statements as per credit agreements for COA/HOA portfolio. Attends joint appointments. Required to visit Clients at place of business.

Qualifications:

2-4 years of Commercial/Corporate/Commercial Real Estate/Specialized Banking and/or Credit Approval experience Required 2-4 years years of extensive experience handling complex credits Required Completion of a Commercial Credit Training Program Preferred Strong communication and analytical/technical skills are required, including financial accounting and loan structuring. Demonstrated business calling and negotiation experience are necessary. Excellent written/verbal communication and interpersonal skills. Proficient in Microsoft Office, particularly Excel. Thorough knowledge of financial statements, accounting principles, Credit Policy, applicable laws and industry data sources.

Education:

Bachelor’s Degree Business, Finance or Accounting or other related discipline, or equivalent related experience Required Special Instructions to

Candidates:

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. Please view Equal Employment Opportunity Posters provided by OFCCP here. The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c) Reasonable accommodation may be made to assist individuals with disabilities to complete the online application process. Please contact our Human Resources Department at 305-577-7680 or by e-mail at .