Job DescriptionThe
Private Bank Lending Specialist supports the Relationship Manager with their client's loan portfolio with extraordinary care and service. The lending specialist works in primarily operational, processing, and analytical capacities, ensuring a high level of quality control from the loan application through the closing process.
Primary responsibilities include- 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., presents loan to Credit Officer for approval, locks & submits loans, collects conditions, assists with closing coordination and any post-closing requests).
- Monitors pipeline to ensure loan workflow is efficient and meeting closing deadlines.
- Knowledgeable on Private Bank credit policy, lending origination systems, and regulatory requirements involved in commercial real estate/multi-family lending.
- Maintains a high level of quality control for verifying accuracy of financial and loan documents.
Qualifications, Education, Certifications and/or Other Professional Credentials- Minimum 3+ years of experience and knowledge of credit policy, lending origination systems, complex underwriting, and regulatory requirements involved in commercial real estate/multi-family lending.
- Lending underwriting and credit analysis experience desired
- Demonstrated success working in high net worth, non-traditional loans and underwriting
- Strong written and verbal communication skills with high attention to detail
Hours & Work Schedule- Role will be based in our Boston, MA office. (4 days in office requirements; 1 day work from home).
Pay Transparency
The range for this position is $115,000 - $145,000 per year plus an opportunity to earn additional incentive earnings. Actual pay is based on various factors including but not limited to the budget, work location, and relevant skills and experience.
We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.
