Credit Risk Portfolio Officer Senior
Not Disclosed•Full-TimeOn-site
location_on909 Third Avenue, 909, 3rd Avenue, Turtle Bay, Manhattan Community Board 6, Manhattan, New York County, New York, 10022, United States
About the Team
Since day one, City National Bank has gone further than the competition to help clients, colleagues, and communities flourish. Founded in 1954 by entrepreneurs for entrepreneurs, our legacy of integrity, community, and unparalleled client relationships continues today. As a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies, we strive to be the best at whatever we do.
About the Role
As a Senior Credit Risk Portfolio Officer, you will serve as a strategic partner in safeguarding the bank's residential, consumer, and small business portfolios. This role exists to drive portfolio efficiency and enhance shareholder value by developing and recommending first-line-of-defense credit strategies. You will not only monitor performance but also anticipate market shifts, utilizing advanced analytics to identify strengths, weaknesses, and emerging trends before they impact the bottom line.
In this position, you will bridge the gap between complex data and actionable business insights. Your day will involve conducting deep-dive reviews of portfolio performance, performing sensitivity analyses, and leading the development of advanced visualizations to assist with credit risk surveillance. You will collaborate closely with Credit Administration, Enterprise Risk, and Credit Risk Review teams to ensure robust risk management and policy compliance. Ultimately, you will translate complex technical solutions into clear narratives for senior management, driving decisions that improve portfolio diversification and mitigate potential credit problems.
Hiring Process
We review applications on an ongoing basis until the position is filled. To be considered, candidates must meet the required qualifications. For more information on our culture and values, please visit our About Us page.
Our Culture & Commitment to Diversity
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.
Note: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
Work location
Work model: On-site
909 Third Avenue, 909, 3rd Avenue, Turtle Bay, Manhattan Community Board 6, Manhattan, New York County, New York, 10022, United States
New York, New York
Key Responsibilities
- check_circleDevelop and recommend credit portfolio strategies to improve efficiency
- check_circlePerform credit quality assessments and manage related reporting for assigned portfolios
- check_circleUtilize sensitivity analysis and stress testing to anticipate credit trends
- check_circleMonitor portfolio concentrations to improve diversification and manage limits
- check_circleTrack policy exceptions and provide feedback to enhance underwriting guidelines
- check_circleCoordinate risk management activities with Credit Administration and Enterprise Risk
- check_circleEnsure data integrity and quality of monthly and quarterly risk reports
- check_circleCreate presentations on portfolio analytics, risk, and emerging trends
- check_circleLead development of advanced visualizations for credit risk surveillance
Requirements
- verifiedBS/BA degree in Finance, Economics, Mathematics, Statistics or related field
- verifiedMinimum 5 years of experience in credit risk portfolio management, credit administration, loan origination, and/or credit analysis
- verifiedMinimum 3 years of banking experience
- verifiedStatistical background with data exploration and analysis using R, Python and Excel
- verifiedExperience with Tableau or other visualization tools
Nice to Have
Residential & Consumer/Small Business credit experience with emphasis in finance and a strong statistical and economics background.
Benefits & Perks
check_circleComprehensive healthcare coverage including Medical, Dental, and Vision planscheck_circleGenerous 401(k) company matching contributioncheck_circleTuition Reimbursement and internal upskilling and training resourcescheck_circleVacation, sick, and volunteer time benefitsSpecialized health and family planning benefits including fertility benefits
Similar Job Opportunities
Frequently asked questions about Credit Risk Portfolio Officer Senior at City National Bank
What does a Credit Risk Portfolio Officer Senior at City National Bank do?expand_more
Day-to-day, the Credit Risk Portfolio Officer Senior at City National Bank will develop and recommend credit portfolio strategies to improve efficiency; perform credit quality assessments and manage related reporting for assigned portfolios; utilize sensitivity analysis and stress testing to anticipate credit trends; and monitor portfolio concentrations to improve diversification and manage limits.
What are the requirements for this Credit Risk Portfolio Officer Senior role?expand_more
To qualify for the Credit Risk Portfolio Officer Senior at City National Bank position, applicants should have: BS/BA degree in Finance, Economics, Mathematics, Statistics or related field; Minimum 5 years of experience in credit risk portfolio management, credit administration, loan origination, and/or credit analysis; Minimum 3 years of banking experience; Statistical background with data exploration and analysis using R, Python and Excel; and Experience with Tableau or other visualization tools.
Where is the Credit Risk Portfolio Officer Senior role at City National Bank located?expand_more
Credit Risk Portfolio Officer Senior at City National Bank is based in 909 Third Avenue, 909, 3rd Avenue, Turtle Bay, Manhattan Community Board 6, Manhattan, New York County, New York, 10022, United States. This is a on-site role.
Is this Credit Risk Portfolio Officer Senior job remote, hybrid, or on-site?expand_more
City National Bank has listed this Credit Risk Portfolio Officer Senior role as on-site.
How much experience is required for this Credit Risk Portfolio Officer Senior role?expand_more
Credit Risk Portfolio Officer Senior at City National Bank typically requires 5+ years of relevant experience at the senior level.
What skills do you need for the Credit Risk Portfolio Officer Senior role at City National Bank?expand_more
Key skills for Credit Risk Portfolio Officer Senior at City National Bank include Credit Risk Assessment; Portfolio Management; Credit Analysis; Credit Administration; Loan Origination; Underwriting; Sensitivity Analysis; and Stress Testing.
What category does the Credit Risk Portfolio Officer Senior role belong to?expand_more
Credit Risk Portfolio Officer Senior at City National Bank is part of the accounting & finance job category on Recrutus.