CBCA™ - Careers in Commercial Banking
Why might a tenured banking professional with years of experience analyzing transactions choose to remain in the credit analyst role? Select ALL that apply:
- They may lack some of the skills required to move into a more extroverted, client-facing position - They may not want the lifestyle or sales targets that a relationship manager has
A commercial bank's relationship team is responsible for which of the following? Select ALL that apply:
- Understanding their client's needs as well as understanding and communicating bank guidelines and policies to the client's finance team - Deliver strong revenue growth and financial results
Which of the following is NOT required to be a successful credit analyst?
3-5 years of experience in a variety of other banking roles
What team is responsible for making any necessary adjustments to a deal proposal in order to meet the firm's credit guidelines and risk appetite?
The Adjudication Team
Which of the following businesses fit the target client profile of a mid-market commercial bank? Select ALL that apply:
- A manufacturing business with equipment CAPEX requirements - A brick & mortar retail business that is looking to open its 5th location - A mid-sized professional services firm (like an accounting or law firm) that wants to buy out a partner
Which of the following loans or credit facilities are considered term financing?
- Capital Lease - Commercial Mortgage
Select ALL the reasons commercial banking sits in the middle of the other three main revenue centers at a financial institution:
- Relationship managers already have relationships with business owners and executives who are the exact target market of most financial institutions' wealth management and private banking groups - Employees that work at a commercial borrower's place of business are retail prospects for their personal banking needs - Commercial borrowers can generate great opportunities for a bank's capital markets and investment banking teams through advisory work and M&A activity
Which of the following are considered among the main revenue centers of most financial institutions? Select ALL that apply:
- Retail banking - Commercial banking - Wealth management - Capital markets & Investment banking
Which of the following is NOT required to be a successful relationship manager?
A deep understanding around the legal process of a liquidation scenario
In the event where a loan somehow went bad (perhaps a breach of covenants or a series of missed payments), the client file may be transitioned to the bank's "workout group". Which of the following is the most accurate description of why this occurs?
To try and renegotiate terms or to collect on the collateral security
