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Citizens · 5 days ago

Private Bank Senior Credit Officer

Los Angeles, CA

Full-time

Onsite

Senior Level, Lead/Staff

$225K/yr - $275K/yr

10+ years exp

Citizens is a financial institution seeking a Private Bank Senior Credit Officer. This role is responsible for overseeing the credit approval process, assessing credit risk, and ensuring compliance with regulatory standards while maintaining a high-quality credit portfolio for private banking clients.

BankingCredit CardsFinancial ServicesFinTechRetail

H1B Sponsor Likely

Responsibilities

Evaluate and approve credit proposals, including credit products offered by the Private Bank in the Consumer and Commercial product lines to support Private Banking relationships (verticals, Consumer / Mortgage/HELOC/Custom unsecured HNW / SBL Commercial : C&I/ CRE / Multi Family/ Non for Profit / PE/VC/Manco, following the client approach connecting credit offerings across the Private Bank vertical engaging in opportunities and mitigating credit risk)

Conduct in-depth second line credit risk analysis review of clients’ financial profiles, collateral, and market conditions

Provide independent risk assessments and recommendations for larger or more complex transactions

Monitor and manage the performance and quality of the credit portfolio, identifying early warning signs of deterioration

Establish and maintain credit risk frameworks, policies, and guidelines tailored to high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients

Develop, maintain, and update credit policies and procedures to ensure compliance with regulatory requirements and risk appetite

Collaborate with relationship managers, portfolio managers underwriting teams and legal teams to structure appropriate credit solutions

Provide coaching, guidance, and training

Meet with clients, engage in site visits

Participate in internal and external audits and regulatory reviews and remediation plans

Contribute to risk modeling, and portfolio analytics initiatives as necessary

Liaison to CFG partners for appropriate resourcing and identification of client opportunities to best serve the client, and Citizens organization

Prepare periodic reports for senior management on credit exposures, portfolio quality, and risk trends

Qualification

Credit risk analysisPrivate banking productsRegulatory complianceCredit portfolio managementComplex credit transactionsAnalytical skillsCommunication skillsDecision-making skillsInterpersonal skills

Required

10 or more years of experience in credit with exposure to Private Banking preferable

Strong understanding of private banking products and credit structures

In-depth knowledge of regulatory requirements

Excellent communication, analytical, decision-making, and interpersonal skills

Proven ability to assess complex credit transactions and lead credit discussions

Benefits

Comprehensive medical, dental and vision coverage

Retirement benefits

Maternity/paternity leave

Flexible work arrangements

Education reimbursement

Wellness programs

Paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States

Company

Citizens

Glassdoor3.6

At Citizens, we recognize that the journey to accomplishment is no longer linear and that individuals are made of all they have done and all they are going to do.

Founded in 1828

Providence, Rhode Island, USA

10001+ employees

https://www.citizensbank.com/

H1B Sponsorship

Citizens has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2020 (1)