(strong(Job Details:(/strong( (B(MANAGER RISK(/B((br((br((b(WHAT IS THE OPPORTUNITY?(/b((br((br(The Risk Manager oversees and leads the development, implementation and maintenance of Regulatory Reporting, Compliance, Risk, Data Quality/Management and Quality Control for small business, consumer and commercial segments.
Additionally the candidate is a key contributor on related faculties for enterprise-wide policies, programs and standards for the centralized Small Business/Consumer and Commercial segments.
(br((br((b(Residential Lending Division(/b((br(Make a meaningful difference as a member of City National’s Residential Lending group.
This is a great opportunity to grow your career with a stable and expanding organization while enhancing and retaining bank client relationships through competitive mortgage products and solutions with exceptional service and care.(br((br((b(WHAT WILL YOU DO?(/b((br((br((ul((li(Directs staff and initiatives that support risk management programs, to include governance support, risk oversight, risk infrastructure development, identification, quantification, and aggregation of key and emerging risks and/or operational risks and controls.
Advises senior management and influences process change.
(/li((li(Partners with key stakeholders in the business and oversees the identification, assessment and documentation of risks and controls, including risks associated with new or modified products, services, distribution channels, regulations and/or third party operations.
(/li((li(Develop a continuous monitoring program for all consumer/small business/commercial segments including the use of key performance indicators to help identify emerging risks in the portfolio (/li((li(Develops, maintains and monitors criteria for portfolio grading of incoming new loans and portfolio monitoring methodology along with the applicable identification policies and procedures (/li((li(Evaluate Credit Risk Policies to assess that the appropriate controls are in place to effectively manage credit risk and monitor adherence to approved policies (/li((li(Acts as the primary contributor from a risk, compliance and data quality view into enterprise wide initiatives (ie LIBOR replacement, AIRB implementation).
(/li((li(Provides compliance oversight for the centralized commercial, consumer and small business segments (/li((li(Develops the centralized commercial, consumer and small business segments Risk Control Self Assessment program including all management and regulatory reporting including SOX and CRA certification; also includes Risk Administration for Early Warning and Document Standardization (/li((li(Responsible for all regulatory reporting for the small business/consumer and commercial segments including but not limited to HMDA, CCAR, ECOA (/li((li(Acts as the primary liaison with internal and external auditors across all small business/consumer and commercial segments.
(/li((li(Responsible for achieving satisfactory assessments in regulators’, internal audit and loan review examinations.
(/li((li(Ensures that fully or partially automated documentation systems are periodically reviewed for compliance with consumer laws, Federal regulations and industry standards.
(/li((li(Work collaboratively within the division and with second line of defense teams to coordinate risk management and measurement activity.
(/li((li(Assists with inquiries from regulatory agencies and/or auditors as suitable; escalates issues as appropriate; (/li((li(Reviews and monitors federal, state, and regulatory publications and other compliance resources to maintain current knowledge of regulations, rules, and industry best practice expectations; (/li((li(Partners with and builds effective relationships with senior management and other colleagues throughout the bank to ensure compliance objectives are met.
(/li((li(Reviews existing policies and procedures and influences the successful creation and implementation of quality control activities to ensure robust compliance mechanisms and internal controls are in place and adhered to.
(/li((li(18.
Implements and monitors complex credit processes, systems, policies and procedures, personnel development and change management ensuring accurate compliance with current Originations requirements, and all internal and external banking regulations and standards.
(/li((/ul((br((br((b(WHAT DO YOU NEED TO SUCCEED(/b((br((br((b(Must-Have*(/b((br((ul((li( Minimum 10 years of experience in the financial industry with a specific focus on Consumer Credit & Risk Management (/li((li( Minimum 7 years of management experience (/li((li( Minimum 7 years of experience in evaluating, interpreting, and communicating consumer, small business and commercial laws and regulations (/li((/ul((br((b(Skills and Knowledge(/b((ul((li( Exceptional oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, interpret documents, understand procedures, write reports and correspondence, speak clearly to customers and employees.(/li((li( Knowledge of related State and Federal banking regulations.(/li((li( Ability to analyze complex situations and provide guidance, makes recommendations, and/or escalates the issues to appropriate level of management.(/li((li( Ability to work with no supervision while performing duties.(/li((li( Proven ability to effectively train and instruct others in a formal classroom or one-on-one environment.(/li((li( Advanced knowledge and technical experience required in documenting consumer and commercial loans and real estate secured loans.
Knowledge of general banking operations to include loan processing, collateral, insurance and related loan-specific requirements.(/li((li( Knowledge of SBA, CDC and CRA loans, participation and syndicated loans preferred.(/li((li( Prior demonstrated experience in managing, developing and motivating professional and clerical staff required.(/li((li( Previous experience working in a highly centralized environment across multiple loan products preferred.(/li((/ul((br((br((b(*To be considered for this position you must meet at least these basic qualifications(/b((br(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.(br((br((b(INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT(/b((br(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.(br((br((b(ABOUT CITY NATIONAL(/b((br((br(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.(br((br(In order to be hired and work at City National Bank, you must be fully vaccinated against COVID-19.(br((br( Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled