City National Bank · 17 hours ago
Wholesale Risk Director
Miami, FL, US
Full-time
Hybrid
Senior Level, Lead/Staff
10+ years expCity National Bank is seeking a Wholesale Risk Director to lead a team of Wholesale Risk Officers and oversee the credit team's performance. This role involves managing loan approvals, client relationships, and ensuring regulatory compliance while delivering debt products to the Bank's wholesale client base.
BankingFinanceFinancial Services
Responsibilities
Works closely in the recruitment and selection process, such as conducting and providing feedback from interviews, recruiting within the budget, identifying opportunities for cost savings and ensuring proper departmental specifics for on-boarding
Provides timely feedback to employees (check-ins, reports, annual evaluations, coaching, and disciplinary action)
Development of high potential employees, identifying, providing growth opportunities with training, meeting inclusion, shadowing, etc., in conjunction with the Center for Professional and Organizational Development
Ensuring assignment and accomplishment of goals holding employees accountable, measuring results cross training, and eliciting innovation and process improvement
Maintaining employee motivation engagement & recognition
Inspiring employee commitment and integrity, modeling-cultural values and positive behaviors
Managing over-time control in a timely manner, within the requirements of FLSA standards
Ensuring, regulatory excellence in all aspects of employee responsibilities by monitoring regulatory expectation specific to each report and holding employees accountable to their specific regulatory responsibilities
Responsible for ensuring appropriate loan pipeline management and resource allocation to deal flow within and between the LOBs
Is the primary resource to the LOB Relationship Managers for loan opportunity discussions, prescreen meetings and loan structuring
Responsible for all aspects of loan approval process including coordination with line of business management and other product partners
Develops action plans for addressing client issues and credit requests, oversees the pool of Risk Officers who are responsible for the credit request reports, approves loans up to Board-delegated credit authority level, and implements the approved requests
Has client contact to lead the loan sales process including all aspects of loan negotiation
Effective communication internally and externally; will be expected to lead joint sales calls with LOB partners and relationship managers
Demonstrates broad knowledge of the client’s industry; is aware of benchmarks, standards, methodologies and structures; has up to date knowledge of client industry practices and processes; keeps abreast of trends and development
Assesses risk tolerances within the loan portfolio, approve loan level risk ratings, and oversees the analysis of relevant credit opportunities
Responsible for ensuring risk management and portfolio processes are executed consistently, efficiently and effectively
Responsible for ensuring appropriate governance is in place to adequately monitor the portfolio
Works with internal and external legal counsel to assess pertinent legal issues within each individual loan request. If necessary, will oversee written resolution plans based on the assessment of risk
Assesses any increasing risk issues within the portfolio, and delegates to appropriate internal partners if risk tolerances are breached
Held accountable for asset quality by monitoring loan portfolio performance reports including collateral and customer concentrations, industry exposures, policy exceptions and criticized loans
Prepares quarterly reports, including concrete action plans for prompt and effective credit resolution
Understands the importance of leading in a matrix environment that combines both product management and line of business accountability
Utilizes resources and tools to coach the client management process behaviors of the team and instill the discipline of this process throughout the geographic footprint of the bank
Responsible for managing the talent, goal setting and compensation for associates within the department
Qualification
Required
More than 10 years credit experience with credit approval responsibilities
Exposure to multiple business lines 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
Excellent communication skills, written and oral
Must be proficient with infra-structure for centralized consumer/small business underwriting, underwriting practices, documentation and servicing issues
Good leadership abilities and strong negotiating skills are required
Possesses strong organizational and project management skills
Advanced knowledge of Microsoft Office products including Excel and PowerPoint
Bachelor's Degree in Business, Real Estate or related field
An equivalent combination of education and/or relevant professional experience may be considered in lieu of a degree
Preferred
Previous experience as a relationship manager
Credit training and private banking experience (lending or credit) is beneficial
Product development within the field is useful
Company
City National Bank
City National Bank offers a full complement of banking, trust and investment services. It is a sub-organization of City National.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-01-13IPO
Leadership Team
Howard Hammond
CEO City National Bank
Fiyaz Khan
Senior Vice President, Structured Products
Recent News
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