Credit Associate

CREDIT ASSOCIATE - Commercial Real Estate

In Office, NYC, NY.

The Credit Associate is responsible for supporting CRE credit analysis and portfolio management activities. This role involves assisting with credit data analysis, underwriting, and portfolio review activities including facilitating credit risk recommendation. The Credit Associate may be assigned a book of lower-complexity loans and relationships. The Credit Associate collaborates with team members to ensure effective credit operations. The Credit Associate helps maintain high standards of credit quality and compliance.

• The Commercial Real Estate Credit team provides underwriting and proactive portfolio management expertise to the Bank’s CRE clients, including private individuals and family offices, and institutional funds/investors/developers.
• Colleagues will partner across numerous bank lines and divisions to provide tailored CRE lending solutions to clients, while proactively identifying risk on new and existing credits within the portfolio through a combination of internal and external resources.
• CRE portfolio includes a variety of loan products secured or supported by varying asset types.
• Credit Analysis:
  Performs credit analysis activities to assess creditworthiness of borrowers, guarantors, and sponsors.
• Performance Monitoring:
  Performs portfolio management activities to monitor and analyze portfolio performance, including periodic reviews and covenant tracking.
• Data Analysis:
  Analyzes credit data, market and industry reports, trend cards, and prepares credit presentations to support underwriting and portfolio management.
• Risk Management:
  
  Supports effective risk management practices, maintaining high standards of credit quality and origination in alignment with Bank’s credit risk appetite, and compliance with institutional and regulatory requirements.
• Collaboration:
  
  Works closely with team members to ensure cohesive and effective credit operations. Participate in ad‑hoc projects to support the organization’s priorities.
• Learning and Development:
  Demonstrates a strong desire to learn underwriting and portfolio management skills, actively seeking opportunities for professional growth and development, eventually leading to ownership of a portfolio of credits.

• Bachelor's Degree or equivalent in Finance, Business, or related field.
• Minimum 2 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries
  • CRE.

• Intermediate experience in credit management and lending operations, with a strong understanding of risk management principles.
• Desire to build leadership and coaching skills, with the ability to train and develop talent.
• Strong communication and collaboration skills, with the ability to work effectively with senior leadership and cross‑functional teams.
• Intermediate analytical skills, with the ability to interpret complex data and make informed decisions.
• Industry‑specific knowledge and expertise
  • CRE.

Starting base salary: $34.55 - $55.19 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

• 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.

Get a more detailed look at our Benefits and Perks.

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…