Middle Market Banking Portfolio Manager
3 days ago
This role is part of First Citizens Middle Market Banking, which delivers a range of financial solutions to midsize clients through a relationship banking model. The business offers deposit solutions, loans, treasury services and other banking products to manufacturers, distributors and a wide variety of service industries.
The Assistant Vice President underwrites credit exposure for the most complex and largest credit relationships and circumstances and actively manages a Middle Market Banking (MMB) portfolio. The portfolio manager will be responsible for managing portfolio risk and adhering to all regulatory and compliance guidelines. This includes managing, servicing, and developing banking relationships through prescribed servicing and sales processes. Identifying emerging credit problems and industry trends is also a key responsibility.
This is an opportunity to work within a growing group for a top 20 Bank with significant advancement opportunities both in the department and other functional areas of First Citizens Commercial Bank. MMB targets companies across most industry sectors that include traditional industries of manufacturing, wholesaling/distribution, transportation/logistics and service businesses.
Key responsibilities will include working within a team construct to assist and/or take a leadership role in the credit underwriting and portfolio management of diverse debt solutions for middle-market companies. Specifically: (i) debt refinancing for working capital, fixed assets, or real property; (ii) acquisition financing; or (iii) recapitalizations.
The ideal candidate will have experience in Credit analysis, underwriting or Risk Management, preferably with a Bachelor's degree in Business, Economics or Finance, Accounting, or completed courses relevant to business and financial analysis. At least five years of experience in commercial lending or investing environment is preferred. Strong expertise with financial modeling and credit analysis, excellent oral and written communications skills, time management skills to efficiently handle multiple tasks with changing priorities, and attention to detail are essential. A demonstrated ability to anticipate and problem solve to then take initiative to drive processes forward, detailed knowledge of Microsoft Office Applications, and ability to function independently and as part of a small deal team are also required.
Salary: The estimated salary for this position is between $130,000.00 and $140,000.00 per year, based on location and non-discriminatory factors permitted by law.
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