Description
Citizens is currently recruiting for a Commercial Senior Credit Offer to cover the New York Metro Region for the Middle Market organization. This role is a highly visible leadership role requiring strong risk identification, assessment, and mitigation skills, line of business expertise, decisiveness and strong interpersonal skills combined with along with the ability to prioritize and operate in a multi-tasked and geographically dispersed environment both independently and expediently. Key attributes and experience include analyzing, and structuring, and decisioning transactions in a growth oriented Middle Market Division aligned with the strategic goals and initiatives of the business. Work effectively with business partners to ensure credit expansion activities fit within the bank's overall risk appetite. Target market is made up of the diversified industries including manufacturing, professional services, and consulting will be helpful for the role as well with revenues generally between $50 million and $500 million.
Responsibilities:
- Objectively identify risk and proactively guide the development of protective and balanced credit structures and decisions to maintain portfolio quality and to protect the bank's capital.
- Maintain a strong control environment and culture, with a key focus on regulatory compliance & relations.
- Credit Approval: Review, approve or decline or recommend to appropriate higher authority, credit opportunities for new originations, renewals, or modifications of existing loans.
- Portfolio Management: Provides oversight of designated portfolio to ensure that satisfactory loan quality is maintained identifies potential problem credits and works with relationship managers and/or loan workout specialists to restructure the credit and/or minimize losses.
- Partner and collaborate with line of business counterparts to constructively achieve portfolio objectives.
- Provide leadership related to credit decisions, credit risk management, and portfolio management with an eye toward portfolio strategic objectives, credit policies and all related administrative procedures.
- Ensure all credit delivery activities have been completed in a timely, efficient, and prudent manner while providing a facilitating environment for the delivery of services and client experience.
- Provide a leadership role in modeling and disseminating the bank's credit culture and risk appetite.
- Follow defined processes, procedures, and credit policies to accomplish all defined accountabilities.
Qualifications:
- 10+ years experience in a Commercial Credit Banking function with primary experience dealing with credit relationships with revenues between $50-$500 million in a large bank environment.
- Experience lending in single bank, syndicated structures, managing credits with complex capital structures, and partnering with multiple commercial banking product areas to responsibly allocate capital across a credit relationship.
- Strong administrative, communication/interpersonal and negotiation skills.
- Demonstrated ability to exercise sound judgment and act independently in a dynamic environment.
- Demonstrated ability to balance risk and return, promoting responsible expansion of credit relationships while leading stewardship of the Bank’s balance sheet.
- Experience guiding credit culture and oversight framework to ensure adequacy of risk/reward balance, regulatory compliance, governance structure, risk appetite, and credit policy assurance and conformance.
- Leadership background with a strong attention to detail, fast change of pace, and a broad involvement in accountability across many partners and stakeholders
- Possess analytical knowledge and abilities to strategically influence digitization, automation, and growth initiatives to ensure credit transparency and performance within strategic objectives and risk appetite.
- Experience with analysis of local, regional, and national economic conditions and their impacts on portfolio performance and downstream impacts on loss forecasting, risk appetite, stress testing, and loan loss reserves
- Ensure adherence to portfolio appetite, credit policies and all related administrative procedures.
- Required ability to influence activities and collaboration of non-direct report partnership and stakeholder teams.
- Credit authority and accountability of policy approval and exception underwriting.
Education
- Bachelor’s degree required, preferably in a financially oriented major.
Hours & Work Schedule
- Hours per Week: 40
- Work Schedule: M-F
Pay Transparency
The salary range for this position is $160,000 - $275,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the work location, and relevant skills and experience.
We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of very local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.
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Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.
Equal Employment Opportunity
At Citizens, we are committed to fostering an inclusive culture that enables colleagues to bring their best selves to work every day. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.
Equal Employment and Opportunity Employer
Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.
Why Work for UsAt Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth
Background Check
Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.
