Special Assets Officer I

Under general supervision, this colleague is responsible for managing a portfolio of problem commercial loans. Works in a team environment developing and recommending strategies to maximize recovery and reduce losses from own portfolio of real estate developers/developments and commercial credits. Works closely with borrowers, executives, attorneys and mid-size company groups to review and restructure credit and repayment terms to better secure collateral, attain an equity position or charge-off the loan as appropriate. Performs other duties as requested. Thorough working knowledge of analysis of corporate financial statements and commerical/corporate structure preferred.  *A minimum of 2 years of related experience required. Demonstrated ability to analyze credit and to develop and negotiate repayment terms with mid-size companies and high net worth individuals.  Strong working knowledge of loan restructuring and re-negotiation of interest rates, terms, collateral requirements, documentation and loan agreements.  Excellent verbal and written communication skills to interact effectively with all levels of Bank personnel and customers.  Must possess strong working knowledge of the Microsoft Suite. *Represents basic qualifications for the position. To be considered for this position you must at least meet the basic qualifications. City National Bank is an Equal Opportunity Employer. M/F/D/V Note: This 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. Note: Candidates should be advised that City National Bank does not pay interviewee travel expenses or relocation expenses for candidates who are hired unless previously agreed. Contact Information Company:  City National Bank Reference Code:  0800452