You haven't searched anything yet.
TEAM LEADER SPECIAL ASSETS
WHAT IS THE OPPORTUNITY?
Under general supervision, this colleague is responsible for the team's collection and recovery of past due and charged off consumer credits, including residential mortgages, personal lines of credit, equity lines of credit and HELOCS, among others.
Ensures the department maximizes returns and collections, while at the same time helping certain customers to be restored to active and pass credit status through negotiation and collection activity.
Gathers, reviews and approves reports (e.g., retrospectives, doubtful log, accruals / non-accruals). Approves and recommends loan decisions on credits within delegated authority.
Monitors subordinates' decisions on courses of action taken to maximize collections. Provides technical advice and assistance to lending and credit personnel regarding explicitly identification and evaluation of potential problem loans.
Develops, improves and enforces the department's internal policies and procedures. 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.
Risk Management Division
This is a great opportunity to grow your career with a stable and expanding organization as a member of City National's Risk Management team.
The focus is on ensuring business activities remain safe, compliant and well-positioned for future opportunity and sustainable growth.
What you will do
Prepares and reviews a variety of reports dealing with portfolio status, risk classification and proposed action plans, performance tracking, recommendations for charge-offs and other routine reports.
Lends support to subordinates' negotiations with consumer loan customers in cases where the customer's relationship with the Bank is at a serious juncture.
Interfaces with branches and loan departments to detect loan problems early and to help recommend corrective action when requested to do so.
Also, provides consultative assistance outside of department to other areas of CNB, particularly on deteriorating assets.
Refers to internal or external attorneys whenever special loan documents or confirmation of the Bank's legal position is required.
Must-Have*
or must be able to be registered under the Safe Act. Must remain in good standing under the Safe Act.
Skills and Knowledge
Compensation
Starting base salary : $141,830 - $263,408 per year. 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.
Last updated : 2024-03-09
Full Time
Banking
$65k-85k (estimate)
03/14/2024
03/29/2024
cnb.com
LOS ANGELES, CA
3,000 - 7,500
1968
KELLY COFFEY
$1B - $3B
Banking
With $70.3 billion in assets, City National Bank provides banking, investment and trust services through locations in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Atlanta, Minneapolis, Washington, D.C. and Miami*. In addition, the company and its investment affiliates manage or administer $81.3 billion in client investment assets. City National is a subsidiary of Royal Bank of Canada (RBC), one of North Americas leading diversified financial services companies. RBC serves more than 17 million personal, business, public sector and institutional clients thro...ugh offices in Canada, the United States and 34 other countries. For more information about City National, visit the companys website at cnb.com. *City National Bank does business in Miami and the state of Florida as CN Bank. Copyright 2021 City National Bank, CNB Member FDIC | All Rights Reserved Equal Housing Lender | NMLSR ID# 536994
More
Show less