Underwriter Portfolio Manager III-Sponsor
First Citizens Bank•Chicago, IL
•Hybrid
About The Position
The Associate Underwriter Portfolio Manager III - Sponsor underwrites credit exposure for large credit relationships and circumstances and actively manages Sponsor portfolios. Manages portfolio risk and adheres to all regulatory and compliance guidelines. Manages, services, and develops banking relationships through prescribed servicing and sales processes. Identifies emerging credit problems and industry trends.
Requirements
- Bachelor's Degree and 1 years' experience OR High School Diploma or GED/Equivalent and 5 years' experience in Credit analysis, underwriting or Risk Management
- Completion of formal credit training program preferred
Nice To Haves
- Preferred Education:Bachelor's Degree
- Preferred Area of Study:Business, Economics, Finance
- Preferred Area of Experience:Banking, Finance
Responsibilities
- Underwrites Sponsor accounts according to applicable regulations, procedures, and guidelines.
- Reviews financial statements, communicates with clients or prospects, and performs analysis to recommend credit grades and appropriate loan structuring.
- Ensures all involved parties are updated on underwriting progress and outcome.
- Monitors assigned portfolio for completeness of documentation, accuracy of credit grading, and potential exposures.
- Processes line renewals and new requests as per loan approval servicing requirements.
- Performs other tasks related portfolio servicing and management.
- 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 loans.
- Identifies risks through reviews, analysis, and research of new and existing loans.
- Communicates identified risks, 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.
Benefits
- Competitive, thoughtfully designed and quality benefits program
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
Upload and Match Resume
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
