SSG Portfolio Manager II

SSG PORTFOLIO MANAGER II WHAT IS THE OPPORTUNITY

The Portfolio Manager is part of the credit management team within CNB's workout group known as Special Situations or SSG. The portfolio consists primarily of criticized and classified C & I, Investor Commercial Real Estate, and Consumer loans. The role involves preparing periodic credit assessments, making credit recommendations, and maintaining the portfolio, working with Relationship Managers and SSG management to develop strategy and action plans to maximize CNB’s recovery.

• Mentor junior colleagues, fostering a culture of continuous improvement and professional growth.
• Own and manage an assigned credit portfolio, ensuring alignment with organizational goals and risk management practices.
• Analyze credit data and assess risk ratings, loss given default, accrual status, and collateral valuation; prepare underwriting memorandums and approval documents for SSG management.
• Monitor and analyze portfolio performance, conduct periodic reviews and covenant tracking.
• Analyze credit data to support risk assessments and present individual credit recommendations.
• Maintain high standards of credit quality and origination in alignment with the bank’s credit risk appetite and regulatory requirements.
• Partner with Relationship Manager(s) to manage credit account relationships and collaborate with cross‑functional teams to achieve strategic initiatives.
• Provide exceptional client service, maintaining professionalism and effectively interacting with clients.

• Bachelor's Degree or equivalent in Finance, Business, or related field.
• Minimum 5 years of progressively increasing credit underwriting and portfolio management experience.

• Intermediate experience in credit management and lending operations.
• Desire to build leadership and coaching skills.
• Strong communication and collaboration skills.
• Intermediate analytical skills.
• Industry-specific knowledge and expertise.

Starting base salary: $92,114.00 – $. Exact compensation may vary based on skills, experience, and location.

• Comprehensive healthcare coverage, including Medical, Dental, and Vision plans available the first of the month following start date.
• Generous 401(k) company matching contribution.
• 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 to support networking and community engagement.

Since day one we’ve always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.

An employer who violates this law shall be subject to criminal penalties and civil liability.

Applications accepted on an ongoing basis until filled. Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.