Associate 2- Global Fund Banking

Company:  First Citizens Bank
Location: Denver
Closing Date: 25/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Overview

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of our Denver or Chicago office

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.

Silicon Valley Bank is fully committed to the innovation economy, as we have been for the past 40 years. And now as a division of First Citizens Bank, we have the strength and stability of a 125-year-old, well established financial organization, its balance sheet, and highly diversified deposits behind us.

Responsibilities

Global Fund Banking Portfolio Management roles are responsible for managing all lending and credit aspects for both Venture Capital and Private Equity client relationships. Core responsibility is leading the due diligence process and deal structuring process, and then partnering with the Relationship Management team for the delivery and negotiation of credit products. GFB Portfolio Management owns the underwriting, approval and closing process. Responsible for proactive portfolio management, including maintaining credit quality and profitability targets, understanding changing risk profiles of clients and communicating this information and assessment to key stakeholders (internal and external).

Engages with clients, building relationships with key client stakeholders to remain well-informed, and able to respond to changing circumstances while appropriately balancing client and SVB needs. Remains abreast of market, sector and competitive trends.

Develops and delivers insights and points of view on loan types and credit/performance trends.

Supports the VP in the structuring, underwriting, and closing of credit products for assigned prospects and clients. Supports the VP in the end to end process on all deals, including engaging with Relationship Management, clients/prospects, Credit Admin, Legal partners, and other internal / external stakeholders to ensure successful outcomes. Provides training to less experienced staff

Qualifications

Bachelor's degree and 1 year of Financial Services experience or High School Diploma/GED and 5 years of experience.

Preferred:

  • Excellent credit analysis and portfolio management skills.
  • Strong communication skills and ability to engage with clients effectively and independently.
  • Ability to support the VP in the due diligence, structuring, underwriting and documentation processes independently.
  • Able to manage a portfolio of loans proactively and independently, while exercising proper judgment on when additional guidance and engagement of others is appropriate.

This job posting is expected to remain active for 30 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.

If hired in Colorado, the base pay for this position is generally between $77044-115566 annually. If hired in Illinois, the base pay for this position is generally between $ 90640-135960. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors

First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here:

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