Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

About the Role

The Portfolio Manager is part of the credit management team focused on the long-term risk-adjusted returns for the bank within the assigned business segment and/or geographic area(s). This individual manages a sub-set of existing credits and is a key partner in the origination of new credits. The Commercial Real Estate Credit team provides underwriting and proactive portfolio management expertise to the Bank’s CRE clients.

Responsibilities

Provide comprehensive credit recommendations and presentations to key risk partners related to prospect(s) and existing clients of the bank.
Present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes and procedures.
Be responsive to clients' credit needs with an elevated level of client service and credit acumen.
Oversee and manage the assigned portfolio, including timely risk rating assessments, reporting covenants, covenant compliance, and the preparation of quarterly and annual reports.
Mentor junior colleagues, foster a culture of continuous improvement and professional growth.
Own and manage an assigned credit portfolio, ensuring alignment with organizational goals and risk management practices.
Underwrite all types of credit exposures, manage credit risk, and respond to prospective client inquiries.
Analyze credit data and perform underwriting to assess creditworthiness and recommend appropriate structures to the Sales team and client.
Prepare underwriting memorandums and approval documents for presentation to Credit Risk.
Perform portfolio management activities to monitor and analyze portfolio performance, including periodic reviews and covenant tracking.
Analyze credit data to support underwriting and creditworthiness assessments including developing and presenting individual credit recommendations.
Practice effective risk management, maintaining high standards of credit quality and origination in alignment with Bank’s credit risk appetite, and compliance with institutional and regulatory requirements.
Partner with Relationship Manager(s) to successfully manage credit account relationships.
Work closely with cross-functional teams to ensure cohesive and effective credit operations to achieve the Bank’s strategic initiatives.
Participate in ad-hoc projects to support the organization’s priorities.
Provide exceptional client service by maintaining professionalism and effectively interacting with clients to understand their needs and provide tailored credit solutions.
Participate in joint sales pitches with Relationship Manager(s).

Requirements

Bachelor's Degree or equivalent in Finance, Business or related field
Minimum 4 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries
Advanced experience in credit management and lending operations, with a strong understanding of risk management principles
Desire to build leadership and coaching skills, with the ability to train and develop talent
Strong communication and collaboration skills, with the ability to work effectively with senior leadership and cross-functional teams
Advanced analytical skills, with the ability to interpret complex data and make informed decisions
Industry-specific knowledge and expertise

Skills

Credit underwriting
Portfolio management
Risk management
Credit analysis
Underwriting
Performance monitoring
Data analysis
Collaboration
Client service
Leadership
Coaching
Communication
Analytical skills

Location

City National location

Work Type

Full-time

Experience Level

Minimum 4 years of progressively increasing credit underwriting and portfolio management experience

Education Level

Bachelor's Degree or equivalent in Finance, Business or related field

Salary/Compensations

$111,408 - $189,738 per year

Benefits

Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
Generous 401(k) company matching contribution
Career Development through Tuition Reimbursement and other internal upskilling and training resources
Valued Time Away benefits including vacation, sick and volunteer time
Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
Career Mobility support from a dedicated recruitment team
Colleague Resource Groups to support networking and community engagement

About the Company

City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today.
City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.

Equal Opportunity

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.