VP/Director, Portfolio Manager- Asset Based Lending

2 weeks ago


Dallas TX, United States CIT Full time

OverviewThis position supports the Northbridge Credit Group through managing, servicing, and developing lending relationships on assigned accounts through prescribed policies and procedures. Identifies client needs and recommends facility modifications as appropriate. Builds strong relationships with clients in accordance with the JV values, providing value for the client while maximizing preservation of capital and revenue.This is a remote role with preferred locations at our offices based in Dallas, New York and Chicago.  ResponsibilitiesPortfolio Management - Monitors portfolio for completeness of documentation, accuracy of credit grading, and potential exposures. Performs other tasks related to the servicing and management of assigned portfolio, including any facility modifications. Promote additional fee generation.Client Service - Maintains ongoing communication and contact with assigned loan clients. Fortifies relationships and monitors client satisfaction. Conducts a needs assessment session at least once a year to identify additional financing needs. Promote client retention.Collections - Monitors loans for payment status. Works with delinquent customers to collect past due payments. Develop and lead loan workout strategy as appropriate.Collateral and Operations Oversight - work closely with collateral and operations teams to ensure all data is properly received, reviewed and recorded.In New York, the base pay for this position is relative to your experience but the range is generally $150,000 to $185,000 per year for the VP level or $185,000 to $200,000 per year for the Director level. This position is eligible for variable compensation, which may be in the form of incentive, bonus, or commission pay. First Citizens offers a competitive, comprehensive benefits program which you can review here: https://jobs.firstcitizens.com/benefits.QualificationsVP LevelBachelor's Degree and 5 years of experience in Portfolio Management, Credit Analysis, Underwriting or Risk Management or High School Diploma or GED and 8 years of experience in Portfolio Management, Credit Analysis, Underwriting or Risk ManagementDirector LevelBachelor's Degree and 8 years of experience in Portfolio Management, Credit Analysis, Underwriting or Risk Management OR High School Diploma or GED and 12 years of experience in Portfolio Management, Credit Analysis, Underwriting or Risk ManagementPreferred:Portfolio & Asset Management, Asset Based Lending, Syndications & Capital Markets, Commercial Finance, Commercial Banking


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