Senior Portfolio Manager

1 week ago


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

We are seeking a highly skilled Senior Portfolio Manager to join our team at First Citizens Bank. As a key member of our asset management team, you will be responsible for managing a portfolio of distressed and stressed corporate, real estate, and project finance assets.

Key Responsibilities
  • Asset Analysis: Analyze financial statements and KPI reporting of Guarantors and stressed and distressed Borrowers to identify potential risks and opportunities for growth.
  • Financial Modeling: Develop three-statement models and valuation models to structure workout strategies, determine fulcrum position, and assess Borrowers' repayment capacity and refinancing capabilities.
  • Portfolio Management: Manage a portfolio of distressed and stressed assets, including debt and swap exposures, to maximize recoveries and minimize losses.
  • Communication and Negotiation: Present recommendations to senior management and negotiate amendments, waivers, restructuring proposals, and credit documentation with Borrowers, syndicate members, and other key creditors.
  • Risk Management: Perform due diligence to identify risks associated with credit actions and work collaboratively with internal business units to mitigate these risks.
Requirements
  • Education: Bachelor's Degree in a relevant field, such as Accounting, Finance, or Credit.
  • Experience: 6 years of experience in credit training, financial analysis, or a related field.
  • Skills: Strong analytical and problem-solving skills, excellent communication and negotiation skills, and proficiency in financial modeling and valuation.
What We Offer

As a Senior Portfolio Manager at First Citizens Bank, you will have the opportunity to work with a talented team of professionals and contribute to the success of our asset management team. We offer a competitive salary and benefits package, as well as opportunities for professional growth and development.



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