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<http://schema.org/description>
"<div style='background-color: transparent; color: black; font-family: Tahoma; font-size: 10pt; text-align: Left; margin: 0px; border: 1px none Transparent;'><strong>SPECIAL ASSETS OFFICER SENIOR</strong></div> <p><br /><br /></p> <div style='background-color: transparent; color: black; font-family: Tahoma; font-size: 10pt; font-weight: Bold; text-align: Left; margin: 0px; border: 1px none Transparent;'><strong>WHAT IS THE OPPORTUNITY?</strong></div> <p></p> <div style='background-color: transparent; color: black; font-family: Tahoma; font-size: 10pt; text-align: Left; margin: 0px; border: 1px none Transparent;'>Under general supervision, this colleague is responsible for managing a portfolio of problem consumer, commercial, real estate, and syndicated loans. Works in a team environment developing and recommending strategies to maximize recovery and reduce losses from own portfolio of commercial credits. Works closely with borrowers, executives, attorneys and mid-size company groups to review and restructure credit and repayment terms to better secure collateral, attain an equity position or charge-off the loan as appropriate. Performs other duties as requested. Must be in good standing under 'The Secure and Fair Enforcement for Mortgage Licensing Act of 2008' (Safe Act) and must be registered/licensed with the 'Nationwide Mortgage Licensing System and Registry'; or must be able to be registered under the Safe Act. Must remain in good standing under the Safe Act.</div> <p><br /><br /></p> <div style='background-color: transparent; color: black; font-family: Tahoma; font-size: 10pt; text-align: Left; margin: 0px; border: 1px none Transparent;'><strong>Credit Administration Division</strong><br />As a member of City National's Credit Administration group, you will contribute to the company's success by upholding the bank&rsquo;s strong credit culture, while facilitating growth and maintaining the quality of City National&rsquo;s loan portfolio.</div> <p><br /><br /></p> <div style='background-color: transparent; color: black; font-family: Tahoma; font-size: 10pt; font-weight: Bold; text-align: Left; margin: 0px; border: 1px none Transparent;'><strong>WHAT WILL YOU DO?</strong></div> <p></p> <div style='background-color: transparent; color: black; font-family: Tahoma; font-size: 10pt; text-align: Left; margin: 0px; border: 1px none Transparent;'> <ul> <li>Investigate, analyze and evaluate the condition of the borrower to isolate problems in the credit. Develop strategies to maximize recovery and reduce loses from portfolios. Provide recommendations to the Team Leader about restructuring credits or presents exit strategy if restructuring is not possible within established time frames.</li> <li>Negotiate and interface with executives, attorneys and certified public accountants in developing an action plan to rehabilitate, if possible, or develop and implement an exit strategy for the credit.</li> <li>Create and prepare a variety of reports dealing with portfolio status and proposed action plans, performance tracking, forecasting losses, recommendations for charge-offs and other routine reports for area of responsibility.</li> <li>Coordinate with other Bank departments (e.g., ABL, RM, Legal, CLC) as well as external regulators, auditors, business finance companies and auctioneers to proactively pursue the best course of action for the Bank regarding adversely graded loans.</li> </ul> </div> <p><br /><br /></p> <div style='background-color: transparent; color: black; font-family: Tahoma; font-size: 10pt; font-weight: Bold; text-align: Left; margin: 0px; border: 1px none Transparent;'><strong>WHAT DO YOU NEED TO SUCCEED</strong></div> <div style='background-color: transparent; color: black; font-family: Tahoma; font-size: 10pt; text-align: Left; margin: 0px; border: 1px none Transparent;'><br /> <p><strong>Must-Have*</strong></p> <ul> <li>Bachelor's Degree</li> <li>Minimum of 10+ years of experience in special assets or C&amp;I, Real Estate, and/or fulfilling a lead agency role of a syndicated credit (s).</li> <li>SAFE Act Registration Must be in good standing under &ldquo;The Secure and Fair Enforcement for Mortgage Licensing Act of 2008&rdquo; (Safe Act) and must be registered/licensed with the &ldquo;Nationwide Mortgage Licensing System and Registry&rdquo;; or must be able to be registered under the Safe Act.</li> </ul> <p><br /><strong>Skills and Knowledge</strong></p> <ul> <li>Thorough working knowledge of analysis of corporate financial statements, cash flow statements and commercial/corporate structure required.</li> <li>Demonstrated ability to analyze credit and to develop and negotiate repayment terms with large and mid-size companies and high net worth individuals.</li> <li>Strong working knowledge of loan restructuring and re-negotiation of interest rates, terms, collateral requirements, documentation and loan agreements.</li> <li>Excellent verbal and written communication skills to interact effectively with all levels of Bank personnel and customers.</li> <li>Must possess strong working knowledge of the Microsoft Suite.</li> <li>Must be in good standing under &ldquo;The Secure and Fair Enforcement for Mortgage Licensing Act of 2008&rdquo; (Safe Act) and must be registered/licensed with the &ldquo;Nationwide Mortgage Licensing System and Registry&rdquo;; or must be able to be registered under the Safe Act.</li> </ul> </div> <p></p> <div style='background-color: transparent; color: black; font-family: Tahoma; font-size: 10pt; text-align: Left; margin: 0px; border: 1px none Transparent;'><strong>*To be considered for this position you must meet at least these basic qualifications</strong><br />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.</div> <p><br /><br /></p> <div style='background-color: transparent; color: black; font-family: Tahoma; font-size: 10pt; text-align: Left; margin: 0px; border: 1px none Transparent;'><strong>INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT</strong><br />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.</div> <p><br /><br /></p> <div style='background-color: transparent; color: black; font-family: Tahoma; font-size: 10pt; font-weight: Bold; text-align: Left; margin: 0px; border: 1px none Transparent;'><strong>ABOUT CITY NATIONAL</strong></div> <p></p> <div style='background-color: transparent; color: black; font-family: Tahoma; font-size: 10pt; text-align: Left; margin: 0px; border: 1px none Transparent;'>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&rsquo;s leading diversified financial services companies.</div> <div style='background-color: transparent; color: black; font-family: Tahoma; font-size: 10pt; text-align: Left; margin: 0px; border: 1px none Transparent;'></div> <div style='background-color: transparent; color: black; font-family: Tahoma; font-size: 10pt; text-align: Left; margin: 0px; border: 1px none Transparent;'> <p><span style='font-size: 10.0pt; font-family: 'Tahoma',sans-serif; color: black;'>City National Bank requires all colleagues to be fully vaccinated against COVID-19 to work on-site at any of our locations.</span></p> </div> <p></p> Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled"
<https://careers.cnb.com/job/los-angeles/senior-special-assets-officer/1557/14342784480>