About the Role
Supports in the portfolio management of a variety of problem loans. Primary responsibilities will include underwriting and executing debt restructuring and portfolio management. The ideal candidate will have the ability to work in a dynamic, fast-paced environment, managing a variety of deal stages and types, with a strong attention to detail.
Responsibilities
- Assists in the review of the assigned portfolio for credit quality and credit risk rating accuracy and notes any policy exceptions.
- Requires underwriting skills on a variety of technology/life sciences verticals as well as credit products.
- Prepares quarterly CLS/CLR packages as well as CLR minutes.
- Maintains credit files, monitors past dues, prepares underwriting packages, interfaces and collaborates with operations, and contacts clients to obtain financial information.
- Assists in the preparation of quarterly Individual Assessments.
- Must understand and be able to navigate a number of Bank systems.
- May manage a small number of less complex accounts and/or charge-offs, including recommending and implementing strategies to mitigate loss and interacting with clients directly.
- Requires basic negotiation skills, basic understanding of workout strategies, and strong credit acumen.
Requirements
- Ability to review and analyze credit and financial information
- Knowledge of financial principles and concepts
- Bachelor's Degree OR High School Diploma or GED/Equivalent and 3 years' experience in Credit Training or Financial Analysis
Skills
- Underwriting
- Portfolio Management
- Credit Analysis
- Financial Analysis
- Negotiation
- Credit Acumen
Location
- New York
- Massachusetts
Work Type
- Hybrid
Experience Level
- 3 years experience in Credit Training or Financial Analysis
Education Level
- Bachelor's Degree
- High School Diploma or GED/Equivalent
Salary/Compensations
- New York: $66,600 - $98,000
- Massachusetts: $63,825 - $97,000
Benefits
- Competitive, thoughtfully designed, and quality benefits program
About the Company
- First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates.
