Director Private Investments

First Citizens Bank • Boston, MA

5h • Hybrid

About The Position

This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office. Join First Citizens Bank and be part of a team dedicated to helping clients build stronger financial futures. From banking and lending to investments, insurance, and wealth planning, the First Citizens Wealth team provides comprehensive solutions backed by trusted expertise. Here, your work helps power meaningful progress for the clients and communities we serve. This position leads the bank's private markets platform across private equity, private credit, and real assets. This leadership role is responsible for setting strategy, driving due diligence, and cultivating partnerships with leading fund managers. The director works closely with investment, operational and client teams to deliver best-in-class private market solutions for institutional and ultra-high -net-worth clients. The role combines strategic oversight with hands-on execution in a growing and fast evolving environment.

Requirements

• Bachelor's Degree and 10 years of experience in Private market investments
• High School Diploma or GED and 14 years of experience in Private market investments

Nice To Haves

• CFA Charter holder or MBA or PhD

Responsibilities

• Lead and oversee all private investment due diligence, including manager selection, underwriting and performance evaluation for all private investments.
• Establish and maintain General Partner relationship pipeline.
• Represent the private markets platform with clients and prospects through presentations, updates and support of the relationship and sales teams.
• Provide leadership to private investment resources and collaborate with dedicated and shared investment research team members.
• Coordinate with middle-office and operations team to ensure efficient implementation and ongoing administration of private investments.

Benefits

• Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees