Description

WHO WE ARE

City First Bank N.A. is a mission-driven Community Development Financial Institution (CDFI) principally focused on a transformative impact in underserved, urban markets with the highest needs to drive equitable economic development. Our lending activities are purely commercial and focused on the following segments: Multifamily Affordable Housing, Not-for-Profit Finance, and Small Business Finance. As a depository and commercial lending provider with over $1.4 billion in bank assets as of December 30, 2023, our unified organization has over 100 employees in Washington DC and Los Angeles/Inglewood, CA.

ROLE SUMMARY

The role will perform independent loan reviews of the credits held in the Bank’s Commercial Lending portfolio including lines of credit, loans to churches, loans secured by multifamily and commercial real estate. The Loan Review process will focus on assessing overall and loan-by-loan credit quality and will require an understanding of and familiarity with Loan Policies, Risk Ratings, Loan Underwriting, Financial Analysis and Collateral Evaluation. Based on the findings, changes in risk ratings may be recommended. This individual will share the responsibility with teammates for meeting all review completion deadlines in order to adhere to the annual review schedule and attainment of the required coverage. 

Essential Functions and Basic Duties:

• Evaluate the financial position of borrowers through financial cash flow analysis including Global Cash Flow, with the goal of identifying problem loans or developing problems in a timely manner in order to minimize losses
• Analyze borrower’s financial statements and tax returns in order to recommend and implement changes to protect the bank 
• Perform quarterly loan reviews on problem loans as assigned
• Determine the borrowers’ repayment ability as well as the Bank’s collateral position 
• Read and interpret appraisals and other property evaluation tools 
• Recommend risk grade change to individual and global loan relationships after analyzing and evaluating borrowers’ capacity to repay debt, borrowers’ failure to meet projected performance benchmarks, and borrowers’ non-compliance with loan agreements
• Ability to calculate DSC ratios and other financial ratios 
• Prepare written report supporting analysis 
• Maintain Tickler System
• Work closely with the bank’s internal Loan Review Officer to ensure that compliance with regulatory as well as bank policies and procedures are being followed and exceptions are identified and tracked for correction 
• Must be able to read and interpret documents in credit files
• Support Internal Loan Review Officer in achieving satisfactory regulatory and internal audits
• Performs other duties as assigned by Manager, or Senior Management

Requirements

EDUCATION & EXPERIENCE

Required Education/Experience:

• Bachelor's degree in business, finance, or a related field 
• Minimum of two years of experience as a Loan Review Officer or related equivalent experience 
• Completion of formal or in-house credit training required

Preferred Education/Experience:

• Experience structuring and pricing loan transactions to achieve organizational goals preferred.

CERTIFICATIONS

• None required

KNOWLEDGE, SKILLS, AND ABILITIES

Required Knowledge & Skills:

• Prior credit review and credit analysis experience
• Must have strong financial analytical skills, excellent attention to details, and be highly accurate
• Must have strong oral and written communication skills 
• Ability to work with individuals in various capacities and maintain excellent people/communication skills at all time
• Good organizational skills, flexibility and ability to prioritize and meet deadlines in a timely manner
• Ability to work in a team environment as well as the ability to work independently
• Ability to work with various levels of management and staff
• Strong proficiency with Microsoft Office Application, especially Excel Spreadsheets
• Knowledge of FDIC and OCC Federal Regulations and Policies a plus