Finance Project Account

1 week ago

New York, New York, United States First Citizens Bank Full time

OverviewTogether, Silicon Valley Bank and First Citizens offer you the strength and stability of a diversified financial institution with a 125-year tradition of service and the personalized approach of a nimble financial partner.

First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts.

Headquartered in Raleigh, N.First Citizens offers an array of general banking services including a network of more than 550 branches in 23 states and commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast.

S. financial institution with more than $200 billion in assets.

SVB Be Part of a Bank Like No Other When you work with the world's most innovative companies, you know you're making a difference.

Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.

They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.

At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves.

And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

ResponsibilitiesThe Portfolio Management Group is responsible for monitoring credit performance of SVB's project finance portfolio.

Supporting a team that is focused on the execution of project finance debt transactions across a variety of potential energy and resource innovation sectors, including:
renewable energy, power, and infrastructure.

The role entails leading credit monitoring, control, and administration of a portfolio of borrowers with a view to identifying potential credit issues early.

In addition, a significant portion of the role involves analyzing consent/waiver requests, evaluating the credit impact of the request and any mitigants and preparing an application for credit approval of the request under the guidance of senior team members.

Responsibilities

  • Supporting portfolio management, including analyzing amendment and waiver requests, assisting with monitoring periodic credit approval renewals, processing changes to existing transactions and assisting in preparing for and responding to internal and external audits. In preparing applications for credit approval, the Vice President must have a good understanding of the request, the impact of the proposed consent on the credit risk of the borrower/transaction, analyze the request to identify any additional information necessary to fully evaluate the request, and recognize incremental risks and mitigants contributing to the justification for approval of the request.
  • Perform financial modeling and run sensitivities for requests; interpret model results and create summaries to be used in internal and external documents.
  • Assist in monitoring and managing loan closings and funding, and other credit events that may impact the borrower and requires liaising with internal and external parties.
  • Continuously monitor the ongoing performance of the portfolio of borrowers and track covenant compliance with a view to identifying deteriorating situations early.
  • Help lead quarterly and annual reviews of loan portfolio, maintain borrower monthly/quarterly/annual reporting requirements, internal credit procedures are kept current, and other ad hoc projects are successfully completed.
  • Maintain borrower credit files, financial files, legal documents, and other relevant information in an organized and timely manner.
  • Interact and coordinate administrative matters with other departments (i.e., Manage the approval process for lending commitments, amendments, waivers, and consents, including making recommendations to Credit Executives
  • Ensure compliance with all Know Your Customer ("KYC") regulations
  • Prepare white papers on assigned industry segments, as requested
  • Perform internal reporting duties and control administrative and operational matters cooperating with back office.
  • Actively participates in client calling initiatives with Relationship Managers and Product Partners as well as conducts periodic independent site visits to assess management, business conditions and build rapport with accounts.
  • Mentors junior professionals

Agency Account Management:

  • Co-ordinate amendment and waiver requests for deals Agented by SVB; liaise directly with syndications, legal counsel, consultants, and Lenders.
  • Review documentation for draws and reporting on behalf of the lender group.
  • Assist with legal documentation and legal due diligence process with appointed lawyers

Other:

  • General assistance, as directed, with the growth of the business, including research into new potential business areas and financial structures as well as other related special projects.
First Citizens offers a competitive benefits program which you can review here:

Requirements:

Bachelor's degree OR (HS Diploma or GED + 4 years of related experience in addition to below).1-3 years of cash flow/project finance portfolio management/credit risk/relationship management5+ years of large corporate, commercial or project finance loan structuring or an MBA, plus 4+ years of relevant experience.

Experience in project finance financial modeling, presentations, and drafting underwriting/investment memoranda and credit documentation, reviewing contracts and project materials, and bank operational processes.


  • Strong ability to recognize and communicate transaction risks and mitigants.
  • Ability to effectively, tactfully, and professionally communicate with customers, officers and other bank personnel.
  • Experience and passion to work on cutting edge energy or infrastructure related financing transactions.
  • Demonstrated ability to work remotely effectively and manage/prioritize multiple streams of workflow simultaneously.
  • Creative thinker

FULL TIMECategories:
Innovation Banking

  • Project Manager, Portfolio Finance

    4 weeks ago

    New York, New York, United States Finance Network Full time

    The successful candidate will:Own, create and execute the firm's Portfolio Finance strategic roadmap.Coordinate resources across compliance, engineering, finance, investor relations, operations, treasury and trading to deliver business critical initiatives.Be responsible for developing and delivering best in class processes, systems and tools.Optimize...

  • Project Manager, Portfolio Finance

    3 weeks ago

    New York, New York, United States Finance Network Full time

    The successful candidate will:Own, create and execute the firm's Portfolio Finance strategic roadmap.Coordinate resources across compliance, engineering, finance, investor relations, operations, treasury and trading to deliver business critical initiatives.Be responsible for developing and delivering best in class processes, systems and tools.Optimize...

  • Director of Project Finance

    2 months ago

    New York, New York, United States Green Recruitment Company Full time

    ​We have a new role for a Director of Project Finance to work within the renewables market in New York City.As the Director of Project Finance based in New York City, you will be a key member of our finance team, responsible for structuring and securing financing for our renewable energy projects. This role requires a strategic thinker with a deep...

  • Project Finance

    1 week ago

    New York, New York, United States Mizuho Bank Ltd Full time

    Summary: Responsible for autonomous oversight of an assigned portfolio of Project Finance transactions with a mix of agency, bilateral and syndicated accounts covering thermal power, renewable power, infrastructure, oil & gas and mining industries. Duties include performing agency services and conducting independent analysis of credits, contracts, cash flow...

  • Associate Project Finance

    4 days ago

    New York, New York, United States Green Recruitment Company Full time

    ​Role: AssociateLocation: NYC (remote)Company OverviewMy client is a renewable energy developer specialized in wind (onshore and offshore). They're owned by one of the largest PE funds in the sector. Not to mention, they have a massive early presence in development portfolio.Job OverviewMy client is looking to bring on an Associate who can support with...

  • Associate Renewable Energy Project Finance

    2 months ago

    New York, New York, United States First Citizens Bank Full time

    Overview: First Citizens Energy Finance leverages its deep industry knowledge and expertise to offer comprehensive financing solutions for renewable and conventional power generation. The unit manages a large, diverse portfolio that includes investments in all asset classes across the energy sector. In H1 2023, the group was ranked #4 in US Power and Energy...

  • SAP Finance/Accounting Manager

    1 week ago

    New York, New York, United States Global Enterprise Partners Full time

    Finance/Accounting Manager (Global Lease Accounting) - Contractor - 12months +Global Enterprise Partners is currently looking for a Senior Manager Business Process Excellence ideally in New Jersey to support one of the largest FMCG companies.Qualifications of the Senior Manager, Business Process Excellence:Bachelor's degree in Accounting or Finance, with an...

  • SAP Finance/Accounting Manager

    2 weeks ago

    New York, New York, United States Global Enterprise Partners Full time

    Finance/Accounting Manager (Global Lease Accounting) - Contractor - 12months +Global Enterprise Partners is currently looking for a Senior Manager Business Process Excellence ideally in New Jersey to support one of the largest FMCG companies.Qualifications of the Senior Manager, Business Process Excellence:Bachelor's degree in Accounting or Finance, with an...

  • Senior Project Accountant

    3 weeks ago

    New York, New York, United States MarketCast Full time

    Senior Project AccountantLocation - LA (Hybrid)Data-Driven Research and InsightsMarketCast combines the power of research, technology, and data science to help marketers and researchers maximize their advertising impact and unlock brand Fandom.Our data and insights guide critical marketing decisions, helping brands determine which fandom audiences to...

  • SV-VPII Project Finance- Hybrid

    1 week ago

    New York, New York, United States First Citizens Bank Full time

    Overview: Together, Silicon Valley Bank and First Citizens offer you the strength and stability of a diversified financial institution with a 125-year tradition of service and the personalized approach of a nimble financial partner. First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered...

  • Finance Analyst

    1 week ago

    New York, New York, United States Golin Full time

    Client Finance Analyst - New YorkThe Client Finance Analyst role in New York involves handling financial aspects for various brands within the New York market, such as Golin, The Brooklyn Brothers, and Devries. Responsibilities include revenue analysis, client forecasts, contract reviews, and managing working capital effectively. The position requires...

  • Finance & Accounting - Trust Accounting Associate, Follow Up

    1 month ago

    New York, New York, United States CAA Full time

    Finance & Accounting - Trust Accounting Associate, Follow Up (Theater)We are seeking a professional to strengthen the accounting team. This position will be focused on various accounting tasks and will be responsible for providing accurate, timely accounting information to assist decision-making. This is a perfect opportunity for a professional who thrives...

  • Finance & Accounting - Trust Accounting Associate, Follow Up

    3 weeks ago

    New York, New York, United States CAA Full time

    Finance & Accounting - Trust Accounting Associate, Follow Up (Theater)We are seeking a professional to strengthen the accounting team. This position will be focused on various accounting tasks and will be responsible for providing accurate, timely accounting information to assist decision-making. This is a perfect opportunity for a professional who thrives...

  • SVP, Finance Transformation, Execution Project Manager

    1 week ago

    New York, New York, United States 00002 Citibank, N.A. Full time

    The Finance Program Group,is responsible for the successful delivery of regulatory and cross-business transformational Initiatives as part of Citi's Transformation. This role, as a member of the Finance Transformation Office, will partner with Execution teams to provide on-the-ground support to teams to help accelerate critical initiatives manage one or...

  • Vice President Project Finance, Power and Infrastructure

    3 weeks ago

    New York, New York, United States Michael Page Full time

    About Our Client Banking and Financial ServicesJob Description Role SummaryPlay a critical role in structuring, originating and executing non-recourse project finance transactions in the Power & Infrastructure sectorLead efforts to prepare and develop client marketing materials with support of Analyst and Associates and oversight by Senior BankersCultivate...

  • CIB Credit Delivery Director- Project Finance

    1 week ago

    New York, New York, United States Truist Financial Corporation Full time

    The Project Finance Credit Delivery team actively manages a portfolio of project debt and tax equity spanning all segments of the energy industry, with a heavy emphasis on renewable power. Manages portfolio risk through risk rating integrity, annual Director, Finance, Project, Delivery, Risk Manager, Credit, Banking, Business Services

  • Finance Transformation Project Manager

    3 weeks ago

    New York, New York, United States Motion Recruitment Full time

    Grow your career as a Finance Transformation Manager with an innovative global bank. Contract role with strong possibility of extension. Will require working a hybrid schedule 2-3 days onsite per week.Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. Will provide...

  • Finance Transformation Project Manager

    2 months ago

    New York, New York, United States Motion Recruitment Full time

    Grow your career as a Finance Transformation Manager with an innovative global bank. Contract role with strong possibility of extension. Will require working a hybrid schedule 2-3 days onsite per week.Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. Will provide...

  • Finance Manager

    1 week ago

    New York, New York, United States Fanatics Full time

    Job DescriptionExciting Opportunity as a Finance Partner at Fanatics!The Role:The Finance Partner will play a crucial role in supporting diverse aspects of Fanatics' teams, including budget management, forecasting, variance reporting, and analytics. Collaborating with different functional teams, this role involves providing financial insights for...

  • Director of Finance

    1 week ago

    New York, New York, United States The Family Support Center Full time

    Director of FinancePosition OverviewResponsible for overseeing the Accounting and Finance Departments of the agency. Tasks include managing accounting operations, audits, budgets, payroll, and reports for authorities and organizations.Key ResponsibilitiesManage day-to-day accounting operations such as payables, payroll, and cash flow management.Lead...