Asset & Wealth Management, Private Bank, Finance, Capital & Funding, Associate - New York

About the position

As a member of the Finance, Capital and Funding team, you will play a key role in efficiently managing the financial resources of the Private Bank Lending business. You will understand, analyze, and present on overall business performance and trends, oversee risk limits, balance sheet, and capital planning, and support lenders to drive strategic initiatives and new product launches via data analysis, financial modeling, and presentation preparation.

Responsibilities

• Understand, analyze, and present on overall business performance and trends.
• Oversight of risk limits, balance sheet, and capital planning.
• Own and review business planning and stress testing by firm management.
• Support lenders to drive strategic initiatives and new product launches via data analysis, financial modeling, and presentation preparation.
• Oversight of the risk integrity of loan book including origination, servicing, and portfolio management by coordinating across underwriters, operations, and other internal stakeholders.
• Continuous improvement of liquidity, capital, internal loan booking and funding processes.
• Work as the face of the business when dealing with internal groups to help resolve issues related to Private Bank products.
• Engage with lenders, underwriters & bank management on the credit pipeline to ensure the business is adequately funded.
• Maximize revenues within liquidity risk tolerance and execute projects to enhance capital footprint.
• Oversight of the governance and controls framework.
• Work with senior management to ensure the results and projections of the Private Bank are communicated with internal stakeholders.
• Ownership of private wealth advisor incentive plan for lending products.
• Partner with engineering team on driving the various strategic initiatives of the Private Bank.

Requirements

• Bachelor's degree required.
• 3-6 years' experience supporting financial services with a general understanding of leveraged finance, fixed income, or banking.
• Excellent communication and interpersonal skills, with desire to work in a fast paced, high pressure, results driven environment.
• Ability to work on multiple tasks with a high attention to detail and flexible with hours.
• Strong financial, analytical and presentation skills, with working knowledge of multiple asset classes.

Benefits

• Competitive salary range of $85,000 - $160,000.
• Discretionary bonus eligibility.
• Valuable and competitive benefits and wellness offerings.