Sr Analyst/Associate - Healthcare/CRE

First Citizens Bank•New York, NY

2d•Hybrid

About The Position

First Citizens Healthcare Finance provides comprehensive financing and banking solutions to middle market healthcare companies across the U.S. Using a client-focused and industry-centric model, Healthcare Finance can tailor its products and services to help clients meet their needs for growth capital. The Sr Analyst/Associate – Healthcare supports the Healthcare team at an advanced level through underwriting, analysis, and structuring recommendations for healthcare portfolios. Identifies, gathers, and reviews financial information to determine borrower risk ratings and appropriate loan structuring. Assesses and communicates risks within new and existing Healthcare accounts. Provides service and support for both associates and clients, assisting in customer calls and may assist in identifying cross-sales opportunities to facilitate lending activities.

Requirements

Bachelor's Degree and 1 years' experience OR High School Diploma or GED/Equivalent and 5 years' experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis.
Bachelor's Degree and 2 years' experience OR High School Diploma or GED/Equivalent and 6 years' experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis
Strong analytical, financial modeling, written and communication skills
Proficiency with Microsoft Excel

Nice To Haves

Completion of a formal credit training program preferred
Area of Study: Real Estate, Finance, Accounting
Master's Degree
Experience: Finance, Banking
1 year experience in CRE finance with focus on credit underwriting; experience underwriting MOBs and Healthcare Real Estate a plus
Experience with Argus software
Experience underwriting construction loans a plus
Experience in portfolio management/underwriting other healthcare sectors such as Inpatient Rehab and Seniors Housing a plus
2 years experience in CRE finance with focus on credit underwriting; experience underwriting MOBs and Healthcare Real Estate a plus

Responsibilities

The Associate will support the HRE MOB UW team with analyzing and underwriting new real estate transactions with a focus on the Medical Office Building (“MOB”) asset class.
Assist with the preparation of property level analysis, pre-screens and final credit approvals for new financing opportunities
Involved in every stage of the transaction including the following: market research, due diligence, presenting to credit, structuring and legal documentation
Assist with special projects, audits, and other ad hoc duties
Will interact with Originators and Credit Management, support Senior Underwriters, Portfolio Management, Operations and Closing teams, and collaborate with peers