City National Bank
Manager Credit Portfolio Risk
City National Bank, Charlotte, North Carolina, United States, 28245
Join to apply for the
Manager Credit Portfolio Risk
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City National Bank 1 day ago Be among the first 25 applicants Join to apply for the
Manager Credit Portfolio Risk
role at
City National Bank Get AI-powered advice on this job and more exclusive features. WHAT IS THE OPPORTUNITY?
This position is responsible for providing Credit Risk oversight across the banks Residential Lending programs including conventional jumbo and government-insured loans (FHA, VA, USDA). Provide oversight on mortgage secondary marketing activities, including whole loan sales, bulk loan trades and securitization. Review and challenge credit policies, underwriting standards, and exception lending trends to ensure alignment with the bank's risk appetite. MANAGER CREDIT PORTFOLIO RISK
WHAT IS THE OPPORTUNITY?
This position is responsible for providing Credit Risk oversight across the banks Residential Lending programs including conventional jumbo and government-insured loans (FHA, VA, USDA). Provide oversight on mortgage secondary marketing activities, including whole loan sales, bulk loan trades and securitization. Review and challenge credit policies, underwriting standards, and exception lending trends to ensure alignment with the bank's risk appetite.
WHAT WILL YOU DO?
Review and challenge residential lending business strategies, underwriting standards, risk appetite metrics, and exception management frameworks and ensure alignment to risk appetite. Assess emerging risks in mortgage portfolios and ensure alignment to Regulatory requirements including OCC, FDIC, FRB and CFPB and GSE guidelines. Monitor secondary marketing activities and assess post sale credit risks including repurchase, early payment defaults. Design and deploy monitoring frameworks to assess the performance of new product launches Analyze, monitor risk metrics to understand and improve consumer and residential portfolio diversification Identify gaps in current policy requirements and current practices; Support preparations for internal audits, regulatory exams and model validations. Act as a liaison between Risk and Capital Markets, Mortgage Operations and Finance Teams. Support risk presentations for senior management that include portfolio activities, risk analytics, performance review. Reviews and monitor completeness, accuracy, and usefulness of established credit policies and procedures related to assigned portfolios. Recommends Credit Policy and procedure changes for approval by the appropriate management committee. Oversees implementation of changes following Credit Policy updates to 1LOD procedures and processes where appropriate. Support the credit risk framework that balances the Bank’s current situation, desired credit culture, industry “best practices”, risk tolerance, and regulatory expectations. Drive innovation in risk management practices by staying informed about industry trends, emerging risks, and new technologies, and integrating best practices into the Bank’s risk framework. Work with Credit Administration team to innovate and iterate, the effectiveness and efficiency of credit risk management systems/ processes and improve credit underwriting in lending products.
WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*
Bachelor's Degree or equivalent 8+ years of experience in a Consumer and Residential Lending environment required 8+ years of experience in credit, risk management, and regulatory supervision required
Additional Qualifications
Strong sense of urgency and ability to meet deadlines. Prior in-depth knowledge of residential credit risk and portfolio management, secondary marketing activities, consumer credit underwriting, financial analysis, and regulatory requirements. Strong understanding of regulatory guidance related to residential lending and consumer products Knowledge of Excel, Access, MS PowerPoint, etc. Strong analytical and problem-solving skills. Through knowledge of Consumer and Residential credit products, policies, procedures and systems Strong verbal and written communication skills; ability to do business presentations to small groups. Ability to present clear, concise recommendations. Strong communication and interpersonal skills to collaborate across teams Ability to work with all levels of line and corporate management.
WHAT'S IN IT FOR YOU?
Compensation
Starting base salary: $127,626 - $237,014 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
Benefits
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
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
Get a more detailed look at our Benefits and Perks.
About Us
Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. 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. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
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.
Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.
Seniority level
Seniority level Not Applicable Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Banking Referrals increase your chances of interviewing at City National Bank by 2x Sign in to set job alerts for “Credit Portfolio Manager” roles.
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Manager Credit Portfolio Risk
role at
City National Bank 1 day ago Be among the first 25 applicants Join to apply for the
Manager Credit Portfolio Risk
role at
City National Bank Get AI-powered advice on this job and more exclusive features. WHAT IS THE OPPORTUNITY?
This position is responsible for providing Credit Risk oversight across the banks Residential Lending programs including conventional jumbo and government-insured loans (FHA, VA, USDA). Provide oversight on mortgage secondary marketing activities, including whole loan sales, bulk loan trades and securitization. Review and challenge credit policies, underwriting standards, and exception lending trends to ensure alignment with the bank's risk appetite. MANAGER CREDIT PORTFOLIO RISK
WHAT IS THE OPPORTUNITY?
This position is responsible for providing Credit Risk oversight across the banks Residential Lending programs including conventional jumbo and government-insured loans (FHA, VA, USDA). Provide oversight on mortgage secondary marketing activities, including whole loan sales, bulk loan trades and securitization. Review and challenge credit policies, underwriting standards, and exception lending trends to ensure alignment with the bank's risk appetite.
WHAT WILL YOU DO?
Review and challenge residential lending business strategies, underwriting standards, risk appetite metrics, and exception management frameworks and ensure alignment to risk appetite. Assess emerging risks in mortgage portfolios and ensure alignment to Regulatory requirements including OCC, FDIC, FRB and CFPB and GSE guidelines. Monitor secondary marketing activities and assess post sale credit risks including repurchase, early payment defaults. Design and deploy monitoring frameworks to assess the performance of new product launches Analyze, monitor risk metrics to understand and improve consumer and residential portfolio diversification Identify gaps in current policy requirements and current practices; Support preparations for internal audits, regulatory exams and model validations. Act as a liaison between Risk and Capital Markets, Mortgage Operations and Finance Teams. Support risk presentations for senior management that include portfolio activities, risk analytics, performance review. Reviews and monitor completeness, accuracy, and usefulness of established credit policies and procedures related to assigned portfolios. Recommends Credit Policy and procedure changes for approval by the appropriate management committee. Oversees implementation of changes following Credit Policy updates to 1LOD procedures and processes where appropriate. Support the credit risk framework that balances the Bank’s current situation, desired credit culture, industry “best practices”, risk tolerance, and regulatory expectations. Drive innovation in risk management practices by staying informed about industry trends, emerging risks, and new technologies, and integrating best practices into the Bank’s risk framework. Work with Credit Administration team to innovate and iterate, the effectiveness and efficiency of credit risk management systems/ processes and improve credit underwriting in lending products.
WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*
Bachelor's Degree or equivalent 8+ years of experience in a Consumer and Residential Lending environment required 8+ years of experience in credit, risk management, and regulatory supervision required
Additional Qualifications
Strong sense of urgency and ability to meet deadlines. Prior in-depth knowledge of residential credit risk and portfolio management, secondary marketing activities, consumer credit underwriting, financial analysis, and regulatory requirements. Strong understanding of regulatory guidance related to residential lending and consumer products Knowledge of Excel, Access, MS PowerPoint, etc. Strong analytical and problem-solving skills. Through knowledge of Consumer and Residential credit products, policies, procedures and systems Strong verbal and written communication skills; ability to do business presentations to small groups. Ability to present clear, concise recommendations. Strong communication and interpersonal skills to collaborate across teams Ability to work with all levels of line and corporate management.
WHAT'S IN IT FOR YOU?
Compensation
Starting base salary: $127,626 - $237,014 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
Benefits
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
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
Get a more detailed look at our Benefits and Perks.
About Us
Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. 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. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
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.
Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.
Seniority level
Seniority level Not Applicable Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Banking Referrals increase your chances of interviewing at City National Bank by 2x Sign in to set job alerts for “Credit Portfolio Manager” roles.
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Charlotte, NC $175,000.00-$275,000.00 22 hours ago Director of M&A and Corporate Development
Charlotte, NC $160,000.00-$302,750.00 1 week ago Senior Director, Person to Person Payments
Charlotte, NC $165,000.00-$240,000.00 2 days ago VP/Director, Asset Backed Finance - Consumer
PEPI: Senior Director, CFO Services - Digital Finance (OPEN TO ALL US LOCATIONS)
Charlotte, NC $175,000.00-$250,000.00 22 hours ago Vice President, Accounting & Corporate Controller
Charlotte, NC $200,000.00-$220,000.00 12 hours ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr