Credit Associate sp

What is the opportunity? The Credit Associate is responsible for supporting credit analysis and portfolio management activities for two high-growth national verticals: ESOP and Healthcare. This role involves assisting with credit data analysis, underwriting, and portfolio review activities including facilitating credit risk recommendation. The Credit Associate may be assigned a book of lower‑complexity loans and relationships. The Credit solutions Associate collaborates with team members to ensure effective credit operations, maintaining high standards of credit quality and compliance. What will you do? Assist in underwriting and managing diverse debt structures tailored for ESOP and Healthcare clients, including revolvers, term loans, delayed draw term loans, and CAPEX lines. Work with target borrower profiles, both private and public, with EBITDA > $10MM, covering leveraged buyouts, recapitalizations, refinances, growth capital, and acquisitions. Support due diligence and perform credit analysis to assess the creditworthiness of borrowers, guarantors, and sponsors by analyzing historical and projected financial statements, completing dynamic three‑statement financial models, and preparing credit approval memorandums. Perform portfolio management activities to monitor and analyze portfolio performance, including periodic reviews and covenant tracking. Analyze credit data, market and industry reports, trendcards, and prepare credit presentations to support underwriting and portfolio management. Support effective risk management practices, maintaining high standards of credit quality and origination in alignment with the bank’s credit risk appetite and compliance with institutional and regulatory requirements. Work closely with team members to ensure cohesive and effective credit operations, and participate in ad‑hoc projects to support organizational priorities. Demonstrate a strong desire to learn underwriting and portfolio management skills, actively seeking opportunities for professional growth and development, ultimately leading to ownership of a portfolio of credits. What do you need to succeed? Required qualifications Bachelor’s Degree or equivalent in Finance, Business, or related field. Minimum two years of progressively increasing credit underwriting and portfolio management experience in relevant industry or industries. Additional qualifications Intermediate experience in credit management and lending operations, with a strong understanding of risk management principles. Desire to build leadership and coaching skills, and the ability to train and develop talent. Strong communication and collaboration skills, with the ability to work effectively with senior leadership and cross‑functional teams. Intermediate analytical skills, including the ability to interpret complex data and make informed decisions. Industry‑specific knowledge and expertise. What’s in it for you? Starting base salary: $34.55 – $55.19 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions. Benefits and perks Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date. Generous 401(k) company matching contribution. Career development through tuition reimbursement and other internal upskilling and training resources. Valued time‑away benefits including vacation, sick, and volunteer time. Specialized health and family planning benefits, including fertility benefits, and cancer, diabetes and musculoskeletal support programs. Career mobility support from a dedicated recruitment team. Colleague resource groups to support networking and community engagement. About us Since day one, we have gone further than the competition to help our clients, colleagues and communities thrive. 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. To learn more about City National and our dynamic company culture, visit our About Us page. Inclusion and equal opportunity employment City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal‑opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Careers.cnb.com accepts applications on an ongoing basis until filled. Reporting Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job. #J-18808-Ljbffr City National Bank