Assistant Vice President, Fund Banking

Stifel•San Francisco, CA

About The Position

The Assistant Vice President, Fund Banking plays an integral part of leading portfolio level analytics and reporting and will work directly with senior leaders on origination, underwriting, and portfolio management. The Fund Banking group provides commercial banking services to private investment funds. This includes funds investing across all alternative asset classes but with a specific focus on venture capital, growth equity, and lower middle market private equity. Products and services include capital call / subscription lines of credit, management company / GP lending, treasury management, and other banking services. This position offers a unique opportunity to gain hands-on exposure in both commercial banking and private equity industry within a small tight-knit team. The Assistant Vice President will be an integral part of business development, portfolio management, underwriting, and administration of the group working closely with the Head of West Coast Fund Banking. Situationally, the position is also expected to perform certain tasks for the Venture Banking team, which works closely with Fund Banking. The location of the position is flexible but would ideally be based in a city with ample VC/PE funds.

Requirements

Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
Use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Effective communication in writing as appropriate for the needs of the audience.
Microsoft Office with emphasis on Excel software proficiency.
Minimum Required: Bachelor's degree in finance, accounting, or another business related field or equivalent experience required.
Minimum Required: 3+ years' of commercial banking, investment banking, or private capital investing experience required.

Responsibilities

Develop, originate and maintain relationships with VC, Growth Equity, and Middle Market Buyout Firms working in close coordination with the Head of West Coast Fund Banking.
Partner with the Head of West Coast Fund Banking, Analysts and Risk Management to proactively manage and maintain desired credit quality of the portfolio.
Strong underwriting and deal structuring skills are critical. Deal underwriting will be a major component of the role.
Collaborate with the Fund Banking team and Group Head to develop new products and strategies to meet the banking needs of clients.
Maintain in-depth knowledge of the Technology and Healthcare industries, Fund Banking community, and Stifel’s broad product offerings.