Senior Private Bank Lending Specialist, Business Banking

Description

The Private Bank Senior Lending Specialist supports the Relationship Manager with their loan portfolio with extraordinary care and service. Based in Boston, MA, this person focuses primarily on underwriting and portfolio management, ensuring a high level of quality control from initial client contact through the closing process. The Senior Lending Specialist is expected to lead loan pipeline oversight, and is an expert on credit analysis, loan structuring, legal documentation, credit policy, lending origination systems, and regulatory requirements involved in private equity / venture capital fund finance, business lending, and commercial real estate/multi-family lending. The ideal candidate has strong attention to detail and is a clear communicator who excels at managing multiple priorities while working independently or as part of a team.

Primary Responsibilities

• Works closely with RM and client to identify lending needs and solutions. 
• Performs analysis of client's financials to determine loan eligibility.
• After RM handoff, serves as main POC for all internal/external parties to lending transactions while keeping RM in the loop.
• Manages end-to-end loan process with clients, internal/external partners from inquiry through post-closing (e.g., coordinates with the RM on deal structuring and term sheets, presents loan requests to Credit Officer for approval, works with counsel on loan negotiation, and assists with closing coordination and any post-closing requests). 
• Proficient use of Moody's CreditLens or similar application to complete financial analysis and spreads. Analyze cash flow reports, calculate ratios, recognize and describe trends and identify recurring and non-recurring sources of cash flow and borrowers' ability to debt service.
• Monitors pipeline to ensure loan workflow is efficient and meeting closing deadlines. 
• Maintains a high level of quality control for verifying accuracy of financial and loan documents.
• The senior lending specialist will have more access and authority in the loan origination system than more junior Lending Specialists. 

Qualifications

• 5 years of commercial credit analysis experience across a variety of industries including professional services (i.e. law firms, medical practices), non-profit organizations, private equity/venture capital (capital call lending, management company credit facilities), as well as owner-occupied and investment commercial real estate transactions.
• BA/BS Degree required with concentration in business, finance and/or accounting preferred.
• Strong decision-making, interpersonal and communication skills; including the ability to clearly understand complex concepts.
• Excellent organizational and time-management skills, and attention to detail.
• Self-motivated and self-disciplined, with the ability to work effectively with little supervision.
• Advanced familiarity with Word, Excel, and PowerPoint.
• Experience with Moody's CreditLens is a plus.

Hours & Work Schedule

• Hours per Week: 40
• Work Schedule: M-F

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens), provides equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability, or history or record of a disability, ethnicity, gender, gender identity or expression, transgendered and transitioning individuals, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens we are committed to fostering an inclusive culture that enables colleagues to bring their best selves to work every day and where all are expected to be treated with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. We perform our best so we can do more for our customers, colleagues, communities and shareholders.