Portfolio Manager II - Power Finance

Support underwriting and portfolio management for a multi-billion project finance loan portfolio on the Power & Project Finance team.

Responsibilities

• Support underwriting and portfolio management activities across Power & Project Finance
• Provide coverage of key banking relationships and credit through the underwriting and portfolio management process
• Conduct due diligence, provide structuring recommendations, and deliver in-depth credit analysis for prospective opportunities, new underwrites, and ongoing credit monitoring
• Contribute to credit production including underwriting memos, annual reviews, trend cards, construction monitoring, client requests, and counterparty reviews
• Own and manage an assigned credit portfolio, including underwriting all types of credit exposures and managing credit risk
• Take ownership for the timeliness and assessment of credit for a portion of account names and new business accounts
• Manage multiple workflows by providing timely feedback and maintaining a punctual schedule for ongoing portfolio management activity
• Perform portfolio management activities such as periodic reviews and covenant tracking
• Analyze credit data to assess creditworthiness, support underwriting, and develop individual credit recommendations for the Sales team and clients
• Prepare underwriting memorandums and approval documents for presentation to Credit Risk
• Practice risk management aligned with the Bank’s credit risk appetite and comply with institutional and regulatory requirements
• Partner with Relationship Manager(s) to manage credit account relationships and collaborate with cross-functional teams to support strategic initiatives
• Provide elevated client service by understanding client needs and delivering tailored credit solutions
• Participate in joint sales pitches with Relationship Manager(s)
• Mentor junior colleagues and support training and education; foster continuous improvement and professional growth
• Contribute to team and business development through projects and initiatives aligned with the growth plan
• Adhere to Power & Project Finance group policies, guidelines, and desktop procedures, and follow broader bank policies, processes, and procedures
• Present credit recommendations within the bank’s risk appetite and framework
• Help raise the Power & Project Finance team profile through travel and conference participation

Requirements

• Bachelor’s Degree or equivalent in Finance, Business, or a related field
• Minimum 5 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries
• Strong critical thinking skills to analyze data, form a point of view, and make recommendations to senior management
• Strong oral and written communication skills for credit documentation and processing
• Ability to build relationships across the organization to support growth and productivity
• Basic experience in credit management and lending operations with an understanding of risk management principles
• Desire to grow personally and professionally, collaborate with teammates, and support business growth

Benefits

• Comprehensive healthcare coverage: Medical, Dental, and Vision (available the first of the month following start date)
• Generous 401(k) company matching
• Career development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick, and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes, and musculoskeletal support programs
• Career mobility support from a dedicated recruitment team
• Colleague Resource Groups for networking and community engagement

Opportunity

• Join a high-growth, high-caliber team within City National Bank’s Specialized Banking division
• Play a key role on the Power & Project Finance team in growing a multi-billion project finance loan portfolio
• Support development and implementation of a product suite of complementary services
• Strong performance may be correlated with an accelerated career path as the team grows
• Relationship-driven business focused on credit quality and superior client service

Additional Information

• Location: Los Angeles, CA (onsite)
• Salary range: USD 53 - 91 per hour
• This job may be eligible for bonus and/or commissions
• Unless fully remote, reporting into a designated City National location is an essential function of the job
• City National Bank accepts applications on an ongoing basis, until filled

Inclusion and Equal Opportunity Employment

• City National Bank fosters an inclusive environment where diversity is valued and leveraged
• Equal opportunity employer; all qualified applicants receive consideration without regard to protected characteristics