Portfolio Manager II - Power Finance

Opportunity to join a high-growth, high-caliber team within the Specialized Banking division of City National Bank, an RBC Company. The Portfolio Manager II will play a key part on the Power & Project Finance Team in growing a multi-billion portfolio of high-quality project finance loans and help to develop and implement a product suite of complementary services. Strong performance will be directly correlated to an accelerated career path as the team continues to grow and develop talent.

The Power & Project Finance Team at CNB is building a relationship-driven business with a focus on credit-quality and superior client service. Our business leverages the strengths of the CNB platform and compliments the existing businesses at RBC to create a comprehensive project finance offering. CNB is a $100B financial institutional headquartered in downtown Los Angeles, CA. The Power & Project Finance team sits within the Specialty Banking division which houses the bank’s most specialized and structured businesses.

• Support underwriting and portfolio management activities for all Power & Project Finance business
• Provide coverage of key banking relationships and credit through the underwriting and portfolio management process
• Provide due diligence, structuring recommendations, and in-depth credit analysis for prospective opportunities, new underwrites, and ongoing credit monitoring
• Contribute to the production of credit work, including; underwriting memos, annual reviews, trend cards, construction monitoring, client requests and counter party reviews
• Oversee the work and support in the education and training of junior colleagues
• Take ownership for the timeliness and assessment of credit on a portion of account names as well as new business accounts
• Manage multiple workflows by providing timely feedback to clients and maintaining a punctual schedule for any ongoing portfolio management activity
• Help to raise the profile of the Power & Project Finance team among market participants and internally with travel and participation in conferences
• Take on projects and initiatives that will further the development of the team and business along its growth plan
• Adhere to the policies, guidelines and desk top procedures of the Power & Project Finance group and the bank more broadly
• Present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes, and procedures
• Respond to their clients' credit needs with an elevated level of client service and credit acumen to address their needs appropriately and timely

• Teamwork:
  Mentors junior colleagues, fosters a culture of continuous improvement and professional growth.
• Portfolio Management:
  Owns and manages an assigned credit portfolio, ensuring alignment with organizational goals and risk management practices, including underwriting all types of credit exposures, managing credit risk, and responding to prospective client inquiries.
• Credit Analysis:
  Analyzes credit data and perform underwriting to assess creditworthiness and recommend appropriate structures to the Sales team and client. Prepare underwriting memorandums and approval documents for presentation to Credit Risk.
• Performance Monitoring:
  Performs portfolio management activities to monitor and analyze portfolio performance, including periodic reviews and covenant tracking.
• Data Analysis:
  Analyzes credit data to support underwriting and creditworthiness assessments including developing and presenting individual credit recommendations.
• Risk Management:
  
  Practices effective risk management, maintaining high standards of credit quality and origination in alignment with Bank’s credit risk appetite, and…