Portfolio Manager I - SBA Credit
City National Bank · Los Angeles, CA · 1 mo ago
On-siteFinance$41.83–$66.81/hrFull-time
We need to output HTML fragment with sections: headings for sections like About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Use
for sections like About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Use - for any list of duties/requirements/benefits, and
for prose. Do NOT repeat job title as heading. Do NOT put Job ID/requisition numbers as headings. Remove boilerplate, navigation, legal, EEO, etc. Preserve all substantive info. Include a section only when posting has real specific content. So we need to parse the posting.
The posting includes:
- WHAT IS THE OPPORTUNITY? (description) -> could be "About the role" or "Overview". We'll map to "About the role". Provide prose.
- Primary Responsibilities Include ... (list of responsibilities). Then later "WHAT WILL YOU DO?" includes more responsibilities broken into categories: Teamwork, Portfolio Management, Credit Analysis, Performance Monitoring, Data Analysis, Risk Management, Collaboration, Client Service. Those are responsibilities. So we can combine into a Responsibilities section with list items.
- WHAT DO YOU NEED TO SUCCEED? includes Required Qualifications* and Additional Qualifications. That's qualifications/requirements. We'll have a Requirements or Qualifications section. Use
for Requirements maybe. Could have both "Required Qualifications" and "Additional Qualifications". We'll list them.
- WHAT'S IN IT FOR YOU? includes Compensation (Pay) and Benefits and Perks. So we need Pay section and Benefits section. Also maybe Schedule? Not mentioned. So we omit Schedule.
- About Us etc is boilerplate? It's about company, maybe not needed? It's not required but could be considered "About the role"? Might be considered company description; but instructions: remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, and application instructions. "About Us" might be considered not boilerplate but could be kept? It's not specifically listed as boilerplate but could be considered generic. However we should preserve substantive information. The "About Us" describes company history, maybe not essential to job but could be considered part of posting. The instruction: "Preserve ALL substantive information; do NOT invent or summarize away detail." So we should keep it unless it's considered boilerplate. It's not explicitly listed as boilerplate, but it's generic company description. Might be okay to keep as a section "About the Company" but we only have allowed headings list: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. No "About the Company". So we might incorporate that into About the role? Or we could omit because not in allowed headings? The instruction says use for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). It says e.g., meaning those are examples, not exclusive? It says "use for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule)." Likely they expect only those headings. So we should map content to those headings. About the role can include overview and maybe company description. We'll put the "WHAT IS THE OPPORTUNITY?" and maybe "About Us" under About the role.
- Benefits: list items.
- Pay: Starting base salary: $41.83 - $66.81 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
- No schedule info, so omit Schedule section.
- Skills? Not explicitly listed but could be derived from qualifications. Could create Skills section from "Strong communication and collaboration skills, ...". But we have Qualifications section; maybe we can put skills under Qualifications. The instruction: Prefer a few substantive sections over many thin ones. So we can combine qualifications and skills into one section, maybe "Requirements". But we have both Requirements and Qualifications as possible headings. We'll decide to have a single "Requirements" section that includes required qualifications, additional qualifications, and skills.
We must not repeat job title as heading. So no PORTFOLIO MANAGER I - Business Banking
.
We must not include Job ID/requisition numbers.
We must remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, and application instructions. So we need to strip out the "INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT" paragraph, also "Represents basic qualifications for the position..." etc. Also "To be considered for this position, you must at least meet the required qualifications." etc. Also "careers.cnb.com accepts applications..." etc. Also "Unless otherwise indicated as fully remote..." etc. Also the "Get a more detailed look at our Benefits and Perks." maybe considered boilerplate? It's a link; we can drop.
Also "About Us" maybe not boilerplate but we can keep as part of About the role.
Now produce HTML fragment.
Structure:
About the role
... (combined WHAT IS THE OPPORTUNITY? + About Us maybe)
Responsibilities
- ... list items from responsibilities
...
Requirements
- ... required qualifications
- ... additional qualifications
- ... skills (communication, collaboration, analytical, etc.)
Benefits
- ... list benefits
Pay
Starting base salary: $41.83 - $66.81 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
We should not include Schedule.
Now extract specifics.
From WHAT IS THE OPPORTUNITY?:
"The Portfolio Manager is part of the credit management team focused on the long-term risk-adjusted returns for the bank within the assigned business segment and/or geographic area(s). This individual manages a sub-set of existing credits and is a key partner in the origination of new credits."
We can keep that.
From About Us: "Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies."
We can include that.
Now responsibilities list: Let's gather all responsibilities from Primary Responsibilities Include and WHAT WILL YOU DO? sections.
Primary Responsibilities Include:
- Underwrite and portfolio manage Business Banking clients - typically privately held companies with annual revenues ranging up to $50 million across a wide range of industries and geographies.
- Formulate and recommend credit and banking solutions to clients to support working capital, capital expenditures, commercial real estate financing, growth, and other strategic business needs.
- Operate within a high-volume origination and portfolio management environment, supporting a relationship-focused model that emphasizes risk management, cross-functional collaboration, and long-term client partnerships.
- Provide comprehensive credit recommendations and presentations to key risk partners related to prospect(s) and existing clients of the bank (including moderate to complex new credit structures, modifications, and extensions) based on a comprehensive review of the borrower(s) and guarantor(s)' financials (which may include current and historical financial statements, tax returns, projections and/or cash flow proformas.)
- This individual is expected to present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes and procedures.
- This individual is expected to be responsive to their clients' credit needs with an elevated level of client service and credit acumen to address their needs appropriately and timely.
- This individual is responsible for the ongoing oversight and management of its portfolio (including timely risk rating assessments, reporting covenants, covenant compliance, and the preparation of quarterly and annual reports.)
WHAT WILL YOU DO? subpoints:
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 compliance with institutional and regulatory requirements.
Collaboration: Partners with Relationship Manager(s) to successfully manage credit account relationships. Work closely with cross-functional teams to ensure cohesive and effective credit operations to achieve the Bank’s strategic initiatives. Participate in ad-hoc projects to support the organization’s priorities.
Client Service: Provides exceptional client service by maintaining professionalism and effectively interacting with clients to understand their needs and provide tailored credit solutions. Participate in joint sales pitches with Relationship Manager(s).
We can combine these into list items, maybe each bullet as a responsibility.
We should avoid duplication: some items overlap with primary responsibilities. We'll just create a comprehensive list, maybe deduplicate similar points.
We'll produce list items:
- Underwrite and portfolio manage Business Banking clients (privately held companies with annual revenues up to $50 million) across various industries and geographies.
- Formulate and recommend credit and banking solutions for working capital, capital expenditures, commercial real estate financing, growth, and other strategic needs.
- Operate in a high-volume origination and portfolio management environment supporting a relationship-focused model emphasizing risk management, cross-functional collaboration, and long-term client partnerships.
- Provide comprehensive credit recommendations and presentations to key risk partners for prospects and existing clients, including moderate to complex new credit structures, modifications, and extensions, based on thorough financial review.
- Present credit recommendations within the bank's risk appetite and framework, adhering to policies, processes, and procedures.
- Be responsive to clients' credit needs with elevated client service and credit acumen, addressing needs appropriately and timely.
- Oversee and manage the portfolio, including timely risk rating assessments, covenant reporting and compliance, and preparation of quarterly and annual reports.
- Mentor junior colleagues and foster a culture of continuous improvement and professional growth.
- Own and manage an assigned credit portfolio, ensuring alignment with organizational goals and risk management practices, including underwriting all credit exposures, managing credit risk, and responding to prospective client inquiries.
- Analyze credit data and perform underwriting to assess creditworthiness; recommend appropriate structures to sales team and clients; prepare underwriting memorandums and approval documents for Credit Risk presentation.
- Monitor and analyze portfolio performance through periodic reviews and covenant tracking.
- Analyze credit data to support underwriting and creditworthiness assessments, developing and presenting individual credit recommendations.
- Practice effective risk management, maintaining high credit quality and origination standards aligned with the bank’s credit risk appetite and complying with institutional and regulatory requirements.
- Partner with Relationship Managers to manage credit account relationships; work closely with cross-functional teams for cohesive credit operations to achieve strategic initiatives; participate in ad-hoc projects supporting organizational priorities.
- Provide exceptional client service through professional interaction, understanding client needs, and delivering tailored credit solutions; participate in joint sales pitches with Relationship Managers.
That's a lot but okay.
Now Requirements/Qualifications:
Required Qualifications*:
- Bachelor's Degree or equivalent in Finance, Business, or related field
- Minimum 4 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries
Additional Qualifications:
- Basic experience in credit management and lending operations, with a strong understanding of risk management principles
- Desire to build leadership and coaching skills, with
for prose. Do NOT repeat job title as heading. Do NOT put Job ID/requisition numbers as headings. Remove boilerplate, navigation, legal, EEO, etc. Preserve all substantive info. Include a section only when posting has real specific content. So we need to parse the posting. The posting includes: - WHAT IS THE OPPORTUNITY? (description) -> could be "About the role" or "Overview". We'll map to "About the role". Provide prose. - Primary Responsibilities Include ... (list of responsibilities). Then later "WHAT WILL YOU DO?" includes more responsibilities broken into categories: Teamwork, Portfolio Management, Credit Analysis, Performance Monitoring, Data Analysis, Risk Management, Collaboration, Client Service. Those are responsibilities. So we can combine into a Responsibilities section with list items. - WHAT DO YOU NEED TO SUCCEED? includes Required Qualifications* and Additional Qualifications. That's qualifications/requirements. We'll have a Requirements or Qualifications section. Use
for Requirements maybe. Could have both "Required Qualifications" and "Additional Qualifications". We'll list them.
- WHAT'S IN IT FOR YOU? includes Compensation (Pay) and Benefits and Perks. So we need Pay section and Benefits section. Also maybe Schedule? Not mentioned. So we omit Schedule.
- About Us etc is boilerplate? It's about company, maybe not needed? It's not required but could be considered "About the role"? Might be considered company description; but instructions: remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, and application instructions. "About Us" might be considered not boilerplate but could be kept? It's not specifically listed as boilerplate but could be considered generic. However we should preserve substantive information. The "About Us" describes company history, maybe not essential to job but could be considered part of posting. The instruction: "Preserve ALL substantive information; do NOT invent or summarize away detail." So we should keep it unless it's considered boilerplate. It's not explicitly listed as boilerplate, but it's generic company description. Might be okay to keep as a section "About the Company" but we only have allowed headings list: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. No "About the Company". So we might incorporate that into About the role? Or we could omit because not in allowed headings? The instruction says use for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). It says e.g., meaning those are examples, not exclusive? It says "use for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule)." Likely they expect only those headings. So we should map content to those headings. About the role can include overview and maybe company description. We'll put the "WHAT IS THE OPPORTUNITY?" and maybe "About Us" under About the role.
- Benefits: list items.
- Pay: Starting base salary: $41.83 - $66.81 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
- No schedule info, so omit Schedule section.
- Skills? Not explicitly listed but could be derived from qualifications. Could create Skills section from "Strong communication and collaboration skills, ...". But we have Qualifications section; maybe we can put skills under Qualifications. The instruction: Prefer a few substantive sections over many thin ones. So we can combine qualifications and skills into one section, maybe "Requirements". But we have both Requirements and Qualifications as possible headings. We'll decide to have a single "Requirements" section that includes required qualifications, additional qualifications, and skills.
We must not repeat job title as heading. So no PORTFOLIO MANAGER I - Business Banking
.
We must not include Job ID/requisition numbers.
We must remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, and application instructions. So we need to strip out the "INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT" paragraph, also "Represents basic qualifications for the position..." etc. Also "To be considered for this position, you must at least meet the required qualifications." etc. Also "careers.cnb.com accepts applications..." etc. Also "Unless otherwise indicated as fully remote..." etc. Also the "Get a more detailed look at our Benefits and Perks." maybe considered boilerplate? It's a link; we can drop.
Also "About Us" maybe not boilerplate but we can keep as part of About the role.
Now produce HTML fragment.
Structure:
About the role
for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule)." Likely they expect only those headings. So we should map content to those headings. About the role can include overview and maybe company description. We'll put the "WHAT IS THE OPPORTUNITY?" and maybe "About Us" under About the role.
- Benefits: list items.
- Pay: Starting base salary: $41.83 - $66.81 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
- No schedule info, so omit Schedule section.
- Skills? Not explicitly listed but could be derived from qualifications. Could create Skills section from "Strong communication and collaboration skills, ...". But we have Qualifications section; maybe we can put skills under Qualifications. The instruction: Prefer a few substantive sections over many thin ones. So we can combine qualifications and skills into one section, maybe "Requirements". But we have both Requirements and Qualifications as possible headings. We'll decide to have a single "Requirements" section that includes required qualifications, additional qualifications, and skills.
We must not repeat job title as heading. So no PORTFOLIO MANAGER I - Business Banking
.
We must not include Job ID/requisition numbers.
We must remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, and application instructions. So we need to strip out the "INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT" paragraph, also "Represents basic qualifications for the position..." etc. Also "To be considered for this position, you must at least meet the required qualifications." etc. Also "careers.cnb.com accepts applications..." etc. Also "Unless otherwise indicated as fully remote..." etc. Also the "Get a more detailed look at our Benefits and Perks." maybe considered boilerplate? It's a link; we can drop.
Also "About Us" maybe not boilerplate but we can keep as part of About the role.
Now produce HTML fragment.
Structure:
About the role
... (combined WHAT IS THE OPPORTUNITY? + About Us maybe)
Responsibilities
- ... list items from responsibilities ...
Requirements
- ... required qualifications
- ... additional qualifications
- ... skills (communication, collaboration, analytical, etc.)
Benefits
- ... list benefits
Pay
Starting base salary: $41.83 - $66.81 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
We should not include Schedule. Now extract specifics. From WHAT IS THE OPPORTUNITY?: "The Portfolio Manager is part of the credit management team focused on the long-term risk-adjusted returns for the bank within the assigned business segment and/or geographic area(s). This individual manages a sub-set of existing credits and is a key partner in the origination of new credits." We can keep that. From About Us: "Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies." We can include that. Now responsibilities list: Let's gather all responsibilities from Primary Responsibilities Include and WHAT WILL YOU DO? sections. Primary Responsibilities Include: - Underwrite and portfolio manage Business Banking clients - typically privately held companies with annual revenues ranging up to $50 million across a wide range of industries and geographies. - Formulate and recommend credit and banking solutions to clients to support working capital, capital expenditures, commercial real estate financing, growth, and other strategic business needs. - Operate within a high-volume origination and portfolio management environment, supporting a relationship-focused model that emphasizes risk management, cross-functional collaboration, and long-term client partnerships. - Provide comprehensive credit recommendations and presentations to key risk partners related to prospect(s) and existing clients of the bank (including moderate to complex new credit structures, modifications, and extensions) based on a comprehensive review of the borrower(s) and guarantor(s)' financials (which may include current and historical financial statements, tax returns, projections and/or cash flow proformas.) - This individual is expected to present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes and procedures. - This individual is expected to be responsive to their clients' credit needs with an elevated level of client service and credit acumen to address their needs appropriately and timely. - This individual is responsible for the ongoing oversight and management of its portfolio (including timely risk rating assessments, reporting covenants, covenant compliance, and the preparation of quarterly and annual reports.) WHAT WILL YOU DO? subpoints: 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 compliance with institutional and regulatory requirements. Collaboration: Partners with Relationship Manager(s) to successfully manage credit account relationships. Work closely with cross-functional teams to ensure cohesive and effective credit operations to achieve the Bank’s strategic initiatives. Participate in ad-hoc projects to support the organization’s priorities. Client Service: Provides exceptional client service by maintaining professionalism and effectively interacting with clients to understand their needs and provide tailored credit solutions. Participate in joint sales pitches with Relationship Manager(s). We can combine these into list items, maybe each bullet as a responsibility. We should avoid duplication: some items overlap with primary responsibilities. We'll just create a comprehensive list, maybe deduplicate similar points. We'll produce list items: - Underwrite and portfolio manage Business Banking clients (privately held companies with annual revenues up to $50 million) across various industries and geographies. - Formulate and recommend credit and banking solutions for working capital, capital expenditures, commercial real estate financing, growth, and other strategic needs. - Operate in a high-volume origination and portfolio management environment supporting a relationship-focused model emphasizing risk management, cross-functional collaboration, and long-term client partnerships. - Provide comprehensive credit recommendations and presentations to key risk partners for prospects and existing clients, including moderate to complex new credit structures, modifications, and extensions, based on thorough financial review. - Present credit recommendations within the bank's risk appetite and framework, adhering to policies, processes, and procedures. - Be responsive to clients' credit needs with elevated client service and credit acumen, addressing needs appropriately and timely. - Oversee and manage the portfolio, including timely risk rating assessments, covenant reporting and compliance, and preparation of quarterly and annual reports. - Mentor junior colleagues and foster a culture of continuous improvement and professional growth. - Own and manage an assigned credit portfolio, ensuring alignment with organizational goals and risk management practices, including underwriting all credit exposures, managing credit risk, and responding to prospective client inquiries. - Analyze credit data and perform underwriting to assess creditworthiness; recommend appropriate structures to sales team and clients; prepare underwriting memorandums and approval documents for Credit Risk presentation. - Monitor and analyze portfolio performance through periodic reviews and covenant tracking. - Analyze credit data to support underwriting and creditworthiness assessments, developing and presenting individual credit recommendations. - Practice effective risk management, maintaining high credit quality and origination standards aligned with the bank’s credit risk appetite and complying with institutional and regulatory requirements. - Partner with Relationship Managers to manage credit account relationships; work closely with cross-functional teams for cohesive credit operations to achieve strategic initiatives; participate in ad-hoc projects supporting organizational priorities. - Provide exceptional client service through professional interaction, understanding client needs, and delivering tailored credit solutions; participate in joint sales pitches with Relationship Managers. That's a lot but okay. Now Requirements/Qualifications: Required Qualifications*: - Bachelor's Degree or equivalent in Finance, Business, or related field - Minimum 4 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries Additional Qualifications: - Basic experience in credit management and lending operations, with a strong understanding of risk management principles - Desire to build leadership and coaching skills, with