TEAM LEADER SPECIAL ASSETS

　　WHAT IS THE OPPORTUNITY?

　　Under general supervision, this colleague is responsible for the team's collection and recovery of past due and charged off commercial credits. Ensures the department maximizes returns and collections, while at the same time helping certain customers to be restored to active and pass credit status through negotiation and collection activity. Gathers, reviews and approves reports (e.g., retrospectives, doubtful log, accruals/non-accruals). Approves and recommends loan decisions on credits within delegated authority. Monitors subordinates' decisions on courses of action taken to maximize collections. Provides technical advice and assistance to lending and credit personnel regarding explicitly identification and evaluation of potential problem loans. Develops, improves and enforces the department's internal policies and procedures. Performs other duties as requested. Must be in good standing under "The Secure and Fair Enforcement for Mortgage Licensing Act of 2008" (Safe Act) and must be registered/licensed with the "Nationwide Mortgage Licensing System and Registry"; or must be able to be registered under the Safe Act. Must remain in good standing under the Safe Act.

　　Risk Management Division

　　This is a great opportunity to grow your career with a stable and expanding organization as a member of City National's Risk Management team. The focus is on ensuring business activities remain safe, compliant and well-positioned for future opportunity and sustainable growth.

　　What you will do

　　Manages complex portfolio of problem commercial loans. Leads a team developing and recommending strategies to rehabilitate, where appropriate, or to maximize recovery and reduce losses from portfolios. Prepares and reviews a variety of reports dealing with portfolio status, risk classification and proposed action plans, performance tracking, recommendations for charge-offs and other routine reports.Ensures the timely recognition and reporting of changes in loan quality and risk to minimize the Bank's exposure and ensure that proper reserves are in place.Directs department workflow. Oversees and approves staff training, performance appraisals, counseling and hiring and termination decisions. Lends support to subordinates' negotiations with commercial loan customers in cases where the customer's relationship with the Bank is at a serious juncture or where the loan is particularly large or complex.Interfaces with branches and loan departments to detect loan problems early and to help recommend corrective action when requested to do so. Also, provides consultative assistance outside of department to other areas of CNB, particularly on deteriorating assets. Refers to internal or external attorneys whenever special loan documents or confirmation of the Bank's legal position is required.

　　Must-Have

　　Bachelor's Degree in Business, Accounting, Finance, Economics or equivalent experienceMinimum of 15 years commercial/corporate lending experienceMinimum of 3 years supervisory experience.SAFE Act Registration Must be in good standing under "The Secure and Fair Enforcement for Mortgage Licensing Act of 2008" (Safe Act) and must be registered/licensed with the "Nationwide Mortgage Licensing System and Registry"; or must be able to be registered under the Safe Act. Must remain in good standing under the Safe Act.

　　Skills and Knowledge

　　Thorough working knowledge of analysis of corporate financial statements and commerical/corporate structure required.Requires thorough knowledge of appropriate banking laws, regulations and bank policies and practices.Excellent verbal and written communication skills to interact effectively with all levels of Bank personnel and customers.Must possess strong working knowledge of the Microsoft Suite.

　　Compensation

　　Starting base salary: $141,830 - $263,408 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

　　To be considered for this position you must meet at least these basic qualifications

　　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.

　　Benefits and Perks

　　At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.

　　INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

　　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.'

　　ABOUT CITY NATIONAL

　　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.