Credit Analyst II Corporate Banking

CREDIT ANALYST II - National Corporate Banking/FOOD AND BEVERAGE

Overview

• This is a junior position in City National Bank's Food & Beverage Group ("F&B") within the National Corporate Banking division. F&B originates, closes and monitors direct and private-equity-backed transactions nationally by providing cash flow, asset-backed, and asset-based loans >$25.0 million to support companies that operate in the food and beverage sector. This role is within F&B's Credit function, whose primary mandate is to underwrite new transactions and manage existing exposure. At this level, employees are developing credit analysis skills, acquiring fundamental principles of corporate finance, learning bank policies and practices, and becoming familiar with relevant banking laws and regulations.
  
  

Responsibilities

• New Transactions:
• Support due diligence efforts, including analyzing confidential information memoranda, lender presentations, complex raw data and financial statements provided by private equity firms, investment banks and/or prospective borrowers.
• Run dynamic 3-statement financial models with 2-3 sensitization cases and detailed, supporting assumptions.
• Facilitate the preparation of approval documents, including specific qualitative and quantitative content around the company, industry and transaction.
• Spread historical financial statements and analyze and explain the pertinent trends/drivers.
• Liaise with Loan Administration to satisfy pertinent compliance-related requirements pertaining to entities, owners and/or management.
• Gain exposure to external constituents (e.g. legal counsel, appraisers, field examiners, accounting firms, etc.) as well as all aspects of the new deal process (e.g. indicative term sheet, proposal letter, due diligence, lender meetings, commitment letter, credit agreement, loan closing, etc.)
• Existing Exposure:
• Prepare approval documents for amendments, consents, and waivers, including clearly articulating the background, request, and rationale. Shadow legal documentation.
• Spread historical financial statements, reconcile compliance certificates, and identify abnormalities for follow-up.
• Prepare quarterly trend cards and annual reviews, each focused on exposure levels, risk ratings, financial trends, and post-close modifications for each portfolio account.
• Satisfy ongoing Comprehensive Capital Analysis and Review deliverables for each portfolio account.
• Communicate with the Agent, private equity firms and/or management from time-to-time as portfolio-related deliverables dictate.
  

Must-Have*

• Bachelor's Degree Finance, Accounting or Business
• 1-5 years of credit or financial analysis experience required
• 1-5 years of experience in a banking or financial services environment required
  
  

Skills And Knowledge

• May be expected to continue coursework through CNB Credit Boot Camp.
• Must demonstrate a track record of intellectual curiosity, attention to detail, multi-tasking, and the ability to operate under tight deadlines.
  
  

Compensation

Starting base salary: $31.39 - $50.14 per hour. 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.

About City National

City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves.

• City National Bank does business in Miami and the state of Florida as CN Bank.
  
  

For more information about City National, visit cnb.com.

EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION

City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged. 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 the laws or regulations in the locations where we operate or in our Code of Conduct. READ MORE

If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process. Please contact us via email or leave a message at (213) 673-9139. These contact methods are dedicated to applicants whose disability prevents them from successfully applying online. Only messages left for this purpose will be returned. Responses may take up to two business days.