Senior PB Lending Specialist

Candidate Experience site

San Francisco, CA

The Private Bank Senior Lending Specialist supports the Relationship Manager with their client's loan portfolio with extraordinary care and service. The Senior 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. The Sr PB Lending Specialist has a strong understanding of Citizens Private Bank's credit policy, underwriting guidelines, and loan origination systems.

Primary responsibilities include

The Senior PB Lending Specialist performs much of the same roles and responsibilities as the PB Lending Specialist and PB Lending Associate, with the understanding that the Sr. PB Lending Specialist is expected to lead, mentor, and manage team members in loan pipeline oversight, training and guidance, and is an expert on Citizens Private Bank credit policy, underwriting guidelines, and loan origination systems. Senior Lending Specialists who have credit approval authority for residential loans will tend to have higher dollar approval limits than the Lending Specialist or Lending Associate roles.
After RM handoff, serves as main POC for RM/Client Relations team and third parties to lending transactions.
Performs thorough analysis of client's financials to determine loan eligibility and qualification.
Monitors active pipeline to ensure loan workflow is efficient and meeting closing deadlines.
Maintains a high level of quality control for verifying accuracy of financial and loan documents.
Manages end-to-end loan process with internal/external partners from the time the loan is live through closing.
For Sr PB Lending Specialists who specialize in Residential Lending, responsibilities includes Setting up the loan and borrower terms in Empower, Locking the rate and ordering an appraisal, ordering title with escrow or attorney partners, preparing the initial loan estimate, initiating condo/co-op reviews, completing Underwriting Reviews and generating conditions, reviewing any additional financials and uploading to the loan origination system, composing loan narrative and identifying underwriting guideline variances or policy exceptions, and providing an initial approval decision or loan recommendation for a Credit Risk officer's approval.

Qualifications, Education, Certifications and/or Other Professional Credentials

minimum 5+ years of experience and knowledge of credit policy, lending origination systems, underwriting, loan process and regulatory requirements involved in complex residential lending
Demonstrated success working in high net worth, non-traditional loans and underwriting
Strong written and verbal communication skills with high attention to detail
Proficient use of MS Excel is required- pivot tables, macros, formulas and application navigation

Hours & Work Schedule

Hours per Week: 40 (this is an exempt position and meeting deadlines requires flexibility in time management and additional hours as needed)
Work Schedule: M-F (required 4 days in office/1 day WFH)

Pay Transparency

The salary range for this position is $120,000 - $145,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the 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.