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Company: City National Bank
Location: Los Angeles, CA
Career Level: Associate
Industries: Banking, Insurance, Financial Services

Description

BANKING ANALYST I ROTATION PROGRAM WHAT IS THE OPPORTUNITY? The Business Analyst I, an entry level position, assists Relationship Managers and credit colleagues with new and existing credit requests through spreading financial statements, completing covenant calculations, identifying credit risks, research, analysis, and completion of credit reports. This role also assists with on-going monitoring, reporting and analysis of the portfolio. What you will do

  • Prepares credit analysis and investigation of new and renewed loans. Requests and provides the necessary documentation and financial facts for Relationship Managers and Credit Officers to analyze, evaluate, and determine appropriate credit structure and terms for potential borrowers.
  • Monitors for receipt, and analyzes and evaluates documents surrounding credits. This may include financial statements for the company, owners, and/or guarantors, tax returns, cash flow, collateral, covenants, etc. to identify strengths and weaknesses pertaining to a borrower's financial position.
  • Learns and masters all critical systems and disciplines to be able to complete credit reports including, but not limited to spreading financial statements, personal financial statements, and tax returns, cash flow analysis, collateral analysis, working capital analysis, capital structure analysis, and covenant testing / compliance for low to moderately advanced credit requests.
  • Begins the requirements of the Rotational Program in a timely manner.

Must-Have*

  • Bachelor's Degree or equivalent
  • Good verbal and written communication skills to present clear and precise recommendations based upon analysis for credit requests
  • Strong analytical, organizational, interpersonal and communication skills
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)

Skills and Knowledge

Compensation Starting base salary: $25.93 - $41.43 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
The 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. Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks. ABOUT CITY NATIONAL
City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves.

*City National Bank does business in Miami and the state of Florida as CN Bank.

For more information about City National, visit cnb.com. EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION
City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct. READ MORE

If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process. Please contact us via email or leave a message at (213) 673-9139. These contact methods are dedicated to applicants whose disability prevents them from successfully applying online. Only messages left for this purpose will be returned. Responses may take up to two business days.


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