City National Bank
Portfolio Manager I - Renewable Power & Project Finance
City National Bank, Los Angeles, California, United States, 90079
PORTFOLIO MANAGER I - Renewable Power & Project Finance
WHAT IS THE OPPORTUNITY?
The Portfolio Manager is part of the credit management team focused on the long‑term risk‑adjusted returns for the bank within the assigned business segment and/or geographic area(s). This individual manages a sub‑set of existing credits and is a key partner in the origination of new credits.
Primary Responsibilities
Provide financing for renewable power projects (primarily solar) sponsored or supported by strategic asset manager relationships within Specialty Banking.
Transaction types include revolvers/TLs for project construction. Provide comprehensive credit recommendations and presentations to key risk partners related to prospects and existing clients of the bank (including moderate to complex new credit structures, modifications, and extensions) based on a comprehensive review of the borrower(s) and guarantor(s)' financials (which may include current and historical financial statements, tax returns, projections and/or cash flow proformas).
Present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes and procedures.
Be responsive to clients' credit needs with an elevated level of client service and credit acumen to address their needs appropriately and timely.
Lead ongoing oversight and management of the portfolio, including timely risk rating assessments, covenant compliance, and the preparation of quarterly and annual reports.
WHAT WILL YOU DO?
Teamwork: Mentor junior colleagues, foster a culture of continuous improvement and professional growth.
Portfolio Management: Own and manage an assigned credit portfolio, ensuring alignment with organizational goals and risk management practices, including underwriting all types of credit exposures.
Credit Analysis: Analyze credit data, perform underwriting to assess creditworthiness, prepare underwriting memorandums and approval documents for presentation to Credit Risk.
Performance Monitoring: Monitor and analyze portfolio performance, including periodic reviews and covenant tracking.
Data Analysis: Support underwriting and creditworthiness assessments, developing and presenting individual credit recommendations.
Risk Management: Practice effective risk management, maintaining high standards of credit quality and origination in alignment with the Bank’s credit risk appetite and compliance with regulatory requirements.
Collaboration: Partner with Relationship Managers to manage credit account relationships and work closely with cross‑functional teams to achieve strategic initiatives. Participate in ad‑hoc projects to support organizational priorities.
Client Service: Provide exceptional client service, interact professionally with clients to understand needs and provide tailored credit solutions, and participate in joint sales pitches with Relationship Managers.
WHAT DO YOU NEED TO SUCCEED? Required Qualifications
Bachelor's Degree or equivalent in Finance, Business, or related field.
Minimum 4 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries.
Additional Qualifications
Basic experience in credit management and lending operations, with a strong understanding of risk management principles.
Desire to build leadership and coaching skills, with the ability to train and develop talent.
Strong communication and collaboration skills, with the ability to work effectively with senior leadership and cross‑functional teams.
Basic analytical skills, with the ability to interpret complex data and make informed decisions.
Industry‑specific knowledge and expertise.
WHAT'S IN IT FOR YOU? Compensation Starting base salary: $41.83 - $66.81 per hour. Exact compensation may vary based on skills, experience and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
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.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
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Primary Responsibilities
Provide financing for renewable power projects (primarily solar) sponsored or supported by strategic asset manager relationships within Specialty Banking.
Transaction types include revolvers/TLs for project construction. Provide comprehensive credit recommendations and presentations to key risk partners related to prospects and existing clients of the bank (including moderate to complex new credit structures, modifications, and extensions) based on a comprehensive review of the borrower(s) and guarantor(s)' financials (which may include current and historical financial statements, tax returns, projections and/or cash flow proformas).
Present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes and procedures.
Be responsive to clients' credit needs with an elevated level of client service and credit acumen to address their needs appropriately and timely.
Lead ongoing oversight and management of the portfolio, including timely risk rating assessments, covenant compliance, and the preparation of quarterly and annual reports.
WHAT WILL YOU DO?
Teamwork: Mentor junior colleagues, foster a culture of continuous improvement and professional growth.
Portfolio Management: Own and manage an assigned credit portfolio, ensuring alignment with organizational goals and risk management practices, including underwriting all types of credit exposures.
Credit Analysis: Analyze credit data, perform underwriting to assess creditworthiness, prepare underwriting memorandums and approval documents for presentation to Credit Risk.
Performance Monitoring: Monitor and analyze portfolio performance, including periodic reviews and covenant tracking.
Data Analysis: Support underwriting and creditworthiness assessments, developing and presenting individual credit recommendations.
Risk Management: Practice effective risk management, maintaining high standards of credit quality and origination in alignment with the Bank’s credit risk appetite and compliance with regulatory requirements.
Collaboration: Partner with Relationship Managers to manage credit account relationships and work closely with cross‑functional teams to achieve strategic initiatives. Participate in ad‑hoc projects to support organizational priorities.
Client Service: Provide exceptional client service, interact professionally with clients to understand needs and provide tailored credit solutions, and participate in joint sales pitches with Relationship Managers.
WHAT DO YOU NEED TO SUCCEED? Required Qualifications
Bachelor's Degree or equivalent in Finance, Business, or related field.
Minimum 4 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries.
Additional Qualifications
Basic experience in credit management and lending operations, with a strong understanding of risk management principles.
Desire to build leadership and coaching skills, with the ability to train and develop talent.
Strong communication and collaboration skills, with the ability to work effectively with senior leadership and cross‑functional teams.
Basic analytical skills, with the ability to interpret complex data and make informed decisions.
Industry‑specific knowledge and expertise.
WHAT'S IN IT FOR YOU? Compensation Starting base salary: $41.83 - $66.81 per hour. Exact compensation may vary based on skills, experience and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
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.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
#J-18808-Ljbffr