CREDIT ANALYST SENIOR- CREDIT SSG WHAT IS THE OPPORTUNITY? Under limited supervision provides analytical support relating to due diligence, document processing, and financial/statistical analyses related to transactions, credit approval and ongoing monitoring of closed transactions. Review loan documents for accuracy, completeness, and adherence to approval conditions. Recommends proper loan documentation and loan restructure for complex credits. Present facts and summarizes the credit analysis results concerning the applicant's credit worthiness. Prepare timely and insightful credit analysis applications for a diverse, highly complex, and sophisticated portfolio comprised of commercial & industrial, commercial real estate and private banking / professional services commercial loan customers. Prepare sensitivity analyses, pro forma cash flows, and assessments of collateral and guarantor financial condition. Conduct analysis of the market (customers) and industry (competition, suppliers, substitutes, and potential new entrants) and management teams and/or deal sponsors. May make client calls to obtain all necessary information. May make client calls to obtain all necessary information and clarification on financial analysis materials and resources. May be required to contact borrowers directly for additional information and details related to loan request. Work with attorneys and other financial or legal resources to obtain the correct, accurate documents to fully protect the banks interests in the credit relationship. Colleagues have a full understanding of the bank's credit policies and existing credit arrangements .. What you will do Prepare credit analysis and investigation of portfolio credits and provides the necessary documentation and financial facts for SAD Officers to analyze, evaluate, and determine appropriate credit structure and terms for potential borrowers. Provide analytical functions relating to due diligence, document processing, financial statements and covenant compliances related to transactions, credit approval, and renewals. Prepare summary documenting factual analysis and supporting information for credit decision recommendations. Spread corporate and personal financial statements, and conducts financial statements analysis and cash flow analysis. Has familiarity with various industries, collateral issues and values, loan structuring, and guarantor personal financial statements and tax returns. Review request applications and financial information and third party reporting (e.g., RE appraisal, environmental reports, ABL Examinations, Inventory Appraisal, etc); evaluates credit structure and terms; underwrites consistent with Bank format, policies and procedures; determines sources and uses of funds; analyzes industry data, competitive factors, historical performance, projected results, risks, and mitigating factors. Maintain up-to-date knowledge on all Bank lending policies and regulations. Confers with appropriate Bank personnel regarding new/existing lending requirements and regulations. Provides input to the Relationship Manager and Manager when loan structure/terms do not appear to reflect inherent risk in subject transaction. Assumes accountability for minimizing Bank losses. Monitor for receipt, and analyzes and evaluates documents surrounding credits. This may include financial statements for the company, owners, and/or guarantors, tax returns, cash flow, collateral, covenants, A/P & A/R aging, credit reports, etc. to identify strengths and weaknesses as pertaining to a borrower’s financial position. Monitor and reviews data from loan systems and prepares Excel spreadsheets and charts to identify portfolio trends. Prepare Loan Approval Summaries and/or Loan Committee reports on existing loans. Utilize programs like Lexis Nexus, Pacer, Moody’s Risk Origins, Monarch, Asset Reader, etc. Conduct collection, review, and analysis of various due diligences which include but are not limited to property profiles, tax liabilities, insurance statuses, legal records, credit reports, and liens. Prepare and review SBA guaranty purchase request packages and perform related due diligences. Recommend, analyze, and monitor settlements and judgments related to SAD transactions. Recommend and review forbearance negotiation terms and potential loan restructurings with SAD Officers. Prepare trend cards, projections, and related analysis to regularly monitor transaction performance. This includes borrowing base monitoring, covenant updates, summaries of changes to business operations/performance, actual vs. projections analysis, and others. Must-Have* Bachelor's Degree or equivalent Minimum 5 years of credit analysis or financial analysis experience required. Minimum 5 years of experience in a banking or financial services environment required. SAFE Act Registration 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. Skills and Knowledge Bachelor’s degree in Finance, Accounting, Business or related field preferred 7 years of experience in credit and/or financial analysis. Working knowledge of credit, accounting, credit policy and financial statement analysis. Excellent ability to analyze credits, as well as a detailed knowledge of lending structure and sources and uses of cash Excellent organizational and analytical skills Identify strengths, weaknesses, and risks related to borrower status and repayment ability. Use various software programs for spreading financial statements and financial analysis. Good verbal and written communication skills to present clear and precise recommendations based upon analysis for action on loans and loan treatments. Working knowledge across all areas of lending including Commercial Finance, Commercial Real Estate, and ABL. Working knowledge of Lexis Nexus, Pacer, Moody’s Risk Origins, Monarch, and Asset Reader. Compensation Starting base salary: $37.96 - $60.64 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions. *To be considered for this position you must meet at least these basic qualifications 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. Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks. INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT 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.' ABOUT CITY NATIONAL 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’s leading diversified financial services companies.