SVB - Relationship Manager II, Credit Solutions - Life Sciences

First Citizens Bank • Boston, MA

75d • $145,000 - $200,000

About The Position

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of our Boston or New York office. First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of more than 550 branches in 23 states and commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets. Silicon Valley Bank (SVB), a division of First-Citizens Bank, is the bank of some of the world’s most innovative companies and investors. SVB provides commercial and private banking to individuals and companies in the technology, life science and healthcare, private equity, venture capital, and premium wine industries. SVB operates in centers of innovation throughout the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights, and connections. This team has a focus on accelerator and growth level Life Sciences (Healthtech and Medical Devices). The Credit Solutions group manages lending/credit for a wide range of credit relationships. Leads the due diligence process and deal structuring process. Partners with the Relationship Management Team for the delivery and negotiation of credit solutions. Owns the underwriting, approval and closing process. Responsible for proactive portfolio management, including maintaining credit quality and profitability targets. Remains abreast of market, sector and competitive trends. Engages and builds relationships with key client stakeholders to remain well-informed, and able to respond to changing circumstances while appropriately balancing client and SVB needs. Develops and delivers insights and points of view on loan types and credit/performance trends in sectors/sub-sectors.

Requirements

• Bachelor's Degree and 4 years of experience in Commercial banking, Credit Underwriting or Analysis, or Relationship Management and/or industry-specific knowledge in technology or healthcare sectors OR High School Diploma or GED and 8 years of experience in Commercial banking, Credit Underwriting or Analysis, or Relationship Management and/or industry-specific knowledge in technology or healthcare sectors.
• Strong financial modeling/analysis, memo writing, debt structuring, negotiation, and closing skills with the ability to engage and build trust with clients independently.
• Advanced knowledge of portfolio management practices including expertise in evaluating risk and managing changing situations.

Nice To Haves

• 6 years of commercial banking experience underwriting.
• Healthcare sector experience, and/or Leadership experience and advanced financial modeling skills.

Responsibilities

• Lead the structuring, underwriting, and closing of credit solutions for prospects and clients.
• Conduct thorough financial analysis and risk assessment of client portfolios.
• Manage assigned portfolio of borrowing relationships, reviewing information, evaluating risk, and engaging with clients.
• Support the MD/Director as a leader in team development, including collaboration and coaching of Associates who support the team.
• Demonstrate subject matter expertise including market, sector and competitive trends, business models, lending models.

Benefits

• Competitive salary based on skills, experience, location, and other non-discriminatory factors.
• Variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees