Underwriter IV-Energy

First Citizens Bank•Santa Monica, CA

15h•Hybrid

About The Position

This Underwriter IV-Energy position supports the Energy team by underwriting at an advanced level of complexity for energy portfolios. Provides guidance to structuring, servicing, and analysis for both new and renewal credits. Identifies, gathers, and reviews financial information to determine borrower risk ratings and appropriate loan structuring. Assesses and communicates risks to assist department risk mitigation strategies. Provides service and support for both associates and clients, participating in client calls, and may assist in identifying cross-sales opportunities. May assist special projects as needed to facilitate energy lending activities and service capabilities and may provide direction to less experienced underwriters in the work group.

Requirements

Bachelor's Degree and 4 years of experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis.
OR High School Diploma or GED and 8 years of experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis.

Nice To Haves

Bachelor's Degree in related field such as Finance, Economics, or Business
Renewable Energy experience
Project finance experience
Distributed Generation experience to include community solar
US renewable project finance experience
Tax equity experience
Commercial Finance experience
Excel and modeling experience

Responsibilities

Underwrites energy accounts according to applicable regulations, procedures, and guidelines.
Reviews financial statements, communicates with clients or prospects, and performs analysis to recommend borrower risk ratings and appropriate loan structuring.
Ensures all involved parties are updated on underwriting progress and outcome.
May provide guidance to less experienced underwriters through knowledge of underwriting procedures and information needs.
Sources, compiles, and interprets financial data to support structuring and approval of loans.
Reviews industry information and comparisons, key risks and mitigants, and collateral to form a general business overview of the borrower.
Utilizes results of analysis to underwrite energy loans.
Identifies risks through reviews, analysis, and research of new and existing energy loans.
Works closely with Bank associates and partners to resolve risk issues, communicating review schedule and potential changes in the energy portfolio.
Assists in coordinating review and renewal schedules for existing credits, facilitating ongoing risk identification and management.
May assist in Identifying cross-sales opportunities for new and existing relationships based on analysis activities.
Identifies servicing information and prepares credit analysis documentation.
Partners with associates and clients to determine needs and structuring of new requests, renewals, and modifications, participating in client and prospect calls as needed.
May assist management with peer development and training.