City National Bank · 4 hours ago
Portfolio Manager I - Renewable Power & Project Finance
City National Bank is a subsidiary of Royal Bank of Canada, focused on providing financial services. The Portfolio Manager I will be part of the credit management team, managing existing credits and participating in the origination of new credits, with a focus on renewable power projects and various financing solutions.
BankingFinanceFinancial Services
Responsibilities
Provide comprehensive credit recommendations and presentations to key risk partners related to prospect(s) and existing clients of the bank (including moderate to complex new credit structures, modifications, and extensions) based on a comprehensive review of the borrower(s) and guarantor(s)' financials (which may include current and historical financial statements, tax returns, projections and/or cash flow proformas.)
This individual is expected to present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes and procedures
This individual is expected to be responsive to their clients' credit needs with an elevated level of client service and credit acumen to address their needs appropriately and timely
This individual is responsible for the ongoing oversight and management of its portfolio (including timely risk rating assessments, reporting covenants, covenant compliance, and the preparation of quarterly and annual reports.)
Provide financing for renewable power projects (primarily solar) sponsored or supported by strategic asset manager relationships within Specialty Banking
Transaction types include revolvers/TLs for project construction, delayed draw TLs plus ancillary products such as swaps and letters of credit
Monitor and understand ongoing Federal and state regulatory and tax incentive changes to determine impact on the credit quality of the portfolio
Prepare quarterly and annual reviews, review covenant compliance and evaluate amendments requested by the borrower
Provide financing to a range of independent mortgage bankers from privately held to publicly traded. Products include mortgage warehouse lines and mortgage servicing lines
Responsible for managing the credit and collateral activity
Transactions include underwriting new deals, renewals, and modifications/ waivers
Daily monitoring of collateral, review and approval of loan level exceptions, and wire approvals
Ongoing portfolio management including review of collateral, hedge reports, review of monthly financials and covenant compliance
Provide financing for quick-serve restaurant franchise operators/owners
Focus on top brands and larger operators with established track record through multiple economic cycles
Transaction types typically include buyouts, refinancings, growth capital, recapitalizations, add-on acquisitions, etc
Underwrite leverage lending profiles and cash flow structures through projection modeling and enterprise value analysis
Prepare quarterly and annual reviews, review covenant compliance and evaluate borrower amendment requests
Provide customized financing solutions for PE sponsor owned middle market companies across a variety of industries
Transaction types include leveraged buyouts, refinancings, growth capital, recapitalizations, add-on acquisitions, etc
Underwrite leverage lending profiles and cash flow structures through projection modeling and enterprise value analysis
Underwrite asset leverage facilities to private debt funds, public & private BDCs, commercial real estate funds and multi-strategy funds
Prepare quarterly and annual reviews, review covenant compliance and evaluate borrower amendment requests
Provide customized solutions for asset management clients in support of both their managed Funds and the capital needs of the Firm
Transaction types include (i) capital call facilities for managed Funds (RLCs used to bridge timing between fund investment acquisition and calling capital from LP investors) and (ii) RLCs/TLs directly to the asset management firm to support working capital, dividend distributions, general corporate purposes, GP investments and partner buy-outs
Evaluate and monitor the credit quality of institutional and high net worth limited partners that are the primary source of repayment for capital call RLCs
Prepare annual reviews, review covenant compliance and borrowing base advance requests, evaluate borrower amendment requests
Qualification
Required
Bachelor's Degree or equivalent in Finance, Business, or related field
Minimum 4 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries
Preferred
Basic experience in credit management and lending operations, with a strong understanding of risk management principles
Desire to build leadership and coaching skills, with 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
Basic analytical skills, with the ability to interpret complex data and make informed decisions
Industry-specific knowledge and expertise
Benefits
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
Company
City National Bank
City National Bank offers a full complement of banking, trust and investment services. It is a sub-organization of City National.
H1B Sponsorship
City National Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (76)
2024 (78)
2023 (145)
2022 (93)
2021 (107)
2020 (62)
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-01-13IPO
Leadership Team
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