Specialty Lending, Credit Associate

As a Private Bank, Specialty Lending Credit Associate at Citizens Private Bank, you will work with the relationship banking team to provide credit solutions tailored to clients' needs and circumstances. Focused on client lending transactions, underwriting, and credit analysis in line with Citizens Private Bank’s credit policy, guidelines, and regulatory requirements.

Responsibilities

• Evaluate and approve lending requests for private banking/UHNW clients, including specialty lending credit products such as custom lending, partner lending, and SBL.
• Maintain knowledge of Citizens Private Bank's credit policy, lending origination systems, and regulatory requirements involved in private bank lending.
• Ensure a high level of quality control for verifying accuracy of financial and loan documents.
• Manage the end-to-end loan process with clients and internal/external partners from inquiry through post-closing (e.g., present loans to Credit Officer for approval, lock and submit loans, collect conditions, assist with closing coordination, and handle post-closing requests).
• Monitor pipeline to ensure loan workflow is efficient and meets closing deadlines.
• Review financial statements, credit history, and other documentation to assess creditworthiness and recommend lending terms.
• Maintain ongoing dialogue with existing borrowing clients.
• Advise, negotiate, and execute loan structures.
• Stay current on Citizens Private Bank’s lending products, regulatory requirements, and market conditions.
• Collaborate with other Private Bank teams, investment advisors, and trust services to deliver lending solutions.
• Ensure all lending activities comply with internal policies, regulatory standards, and fiduciary obligations.

Requirements

• Bachelor’s degree in finance, economics, business, or a related field. MBA will be considered an asset.
• 3-5+ years of credit risk experience, ideally in the financial services industry with experience in specialty lending, custom lending, or securities-based lending (SBL).
• In-depth knowledge of bank loan, deposit, mortgage, and credit products.
• Understanding of the overall credit capabilities and risk management philosophy of the firm.
• Proven experience with banking concepts including marketable secured lending, investment real estate loans, concentrated collateral loans, aircraft lending, owner-occupied commercial real estate, and bridge loans.

Skills

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities to interact with clients and colleagues.
• Proficiency in financial modeling, credit analysis tools, and banking software.
• Ability to handle sensitive client information with discretion and integrity.

Schedule

• Full-Time Position; Monday-Friday
• 40 hours per week
• 4 days in office / 1 day work from home in one of the required locations

Pay

The salary range for this position is $85,000.00 - $115,000.00 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the budget, work location, and relevant skills and experience.

Benefits

• Competitive pay
• Comprehensive medical, dental, and vision coverage
• Retirement benefits
• Maternity/paternity leave
• Flexible work arrangements
• Education reimbursement
• Wellness programs
• Paid time off policy exceeding mandatory local and state requirements