Special Assets Associate I (Hybrid)

First Citizens Bank•Denver, CO

9d•Hybrid

About The Position

Supports in the portfolio management of a variety of problem loans. Primary responsibilities will include underwriting / 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.

Requirements

Bachelor's Degree and 0 years of experience in Credit Training or Financial Analysis OR High School Diploma or GED and 3 years of experience in Credit Training or Financial Analysis
Ability to review and analyze credit and financial information
Knowledge of financial principles and concepts

Nice To Haves

2 years experience in Credit and financial analysis in Commercial Banking or Advisory
Strong attention to detail
Bachelor’s Degree in Accounting, Finance, or Credit

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 have the ability 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.