Credit Policy Officer at City National Bank

CREDIT POLICY AND ANALYSIS OFFICER WHAT IS THE OPPORTUNITY? This position is responsible for researching, authorizing and/or editing new and revised credit policy and procedures for the Credit Policy Manual and the Credit Procedures Manual
This position will also be responsible for analyzing and presenting data regarding trends and overall performance of the credit portfolio quality
What you will do Analyze, monitor risk ratings to understand and improve consumer and small business portfolio diversification Support risk presentations for senior management that include portfolio activities, risk analytics, performance review
Review and challenge business strategies, and provide feedback on new (or significant enhancement to) products or service that have credit risk Utilize sensitivity analysis, stress testing, market trend, and other analytical methodologies to anticipate any credit trends or deterioration and obtain insights into portfolio performance and market opportunities Support development of analytics and advanced visualization to assist with portfolio credit risk surveillance
Review policy exceptions that will provide meaningful feedback to understand credit portfolio risk Complies fully with all Bank Operational and Credit policies and procedures as well as all regulatory requirements (e.g
Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.)
Support the credit risk framework that balances the Bank’s current situation, desired credit culture, industry “best practices”, risk tolerance, and regulatory expectations
Seek input from various areas and levels of the bank to assess current and necessary policy updates including updates to current policies and creation of new polices as needed
Work with the various lending units within the Bank in the creation, review, and/or editing of new and existing credit policies; identifying any areas of potential conflict within the existing and proposed policies
Identify gaps in current policy requirements and current practices; make recommendations for proposed revisions to correct deficiencies while ensuring sound risk management practices and adherence to regulatory requirements
Conduct analysis and research on credit policy issues and recommend changes to the Senior Credit Policy Officer
Collaborate with the Credit Portfolio Risk Department to create reports for the Board of Directors and RBC management on behalf of the CCO
Interpret trend data on the portfolio with regard to asset quality trends and the correlation of policy exceptions to overall portfolio performance.; Analyze the impact on credit policy framework documents of modifications to credit risk practices
Research and create presentations for Credit Policy Committee consideration; present to the Senior Credit Policy Officer for approval
Assist in the various governance committees’ administrative functions including recording minutes, assembling and distributing decks and agendas and providing logistical venue support
Assist the Senior Credit Policy Officer and business leads in the identification and prioritization of credit policy workflow
Ensure timely and accurate implementation and communication to lending personnel of policy and guidelines by publishing and communicating policy updates through various channels
Must-Have* Bachelor's Degree or equivalent experience 7 years of experience in a banking environment required 7 years of experience in credit, risk management, and regulatory supervision required Skills and Knowledge Knowledge of Excel, Access, MS PowerPoint, etc
Prior in-depth knowledge of commercial portfolio management, credit risk, commercial credit underwriting, financial analysis, and regulatory requirements
Strong verbal and written communication skills; ability to do business presentations to small groups
Ability to work with all levels of line and corporate management
Compensation Starting base salary: $111,408 - $189,738 per year
Exact compensation may vary based on skills, experience, and location
This job is eligible for bonus and/or commissions
*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
Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues
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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.