VP, Senior Portfolio Manager-CEF (Hybrid) NY

First Citizens Bank • New York, NY

43d • $110,000 - $160,000 • Hybrid

About The Position

This is a hybrid role that will only be hired in the following location: New York City, NY. The VP, Portfolio Manager will be responsible for portfolio management activity on 26 accounts for equipment loans and leases which contribute to an aggregate portfolio exposure of $1Bn. You will be responsible for making recommendations on new credit requests, renewals, and modifications ensuring quality and soundness of all credit transactions.

Requirements

• Bachelor's Degree and 6 years of experience in Credit Analysis and Credit Underwriting OR High School Diploma or GED and 10 years of experience in Credit Analysis and Credit Underwriting

Nice To Haves

• Problem loan management/workout experience
• Strong Microsoft Office Skills
• Moody's Credit Lens experience
• BA and 10+ years' experience or MBA and 7+ years' experience
• Equipment finance knowledge in the following asset classes - Transportation, Construction, Industrial/Manufacturing, Mining, Material Handling, Aircraft, Jones Act vessels, and Power Generation.

Responsibilities

• Responsible for portfolio management activity on ~26 accounts for equipment loans and leases which contribute to an aggregate portfolio exposure of $1Bn
• Ensures all applicable credit policies, standards, and procedures are within full regulatory compliance.
• Responsible for making recommendations on new credit requests, renewals, and modifications ensuring quality and soundness of all credit transactions
• Capture and document credit decisions, conditions, and modifications to meet client needs as well as balance the bank's internal risk/return requirements
• Equipment finance knowledge across a wide range of asset classes and obligor types required, including underwriting experience as PM periodically handles new requests from clients or surges in prospect requests

Benefits

• Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates.
• More information can be found at https://jobs.firstcitizens.com/benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 5,001-10,000 employees