VP, Senior Portfolio & Relationship Manager-CMS

First Citizens Bank•New York, NY

1d•Hybrid

About The Position

Together, CIT and First Citizens offer you the strength and stability of a diversified financial institution with a 125-year tradition of service and the personalized approach of a nimble financial partner. 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. Reporting to the Director of Portfolio & Relationship Manager, the Vice President is the primary contact and is responsible for the overall relationship with Commercial Services clients. The incumbent interfaces directly with clients and as such is responsible for balancing the needs and expectations of the clients with policies, procedures and risk tolerances of Commercial Services.

Requirements

Bachelor's Degree and 6 years of experience in Financial Services OR High School Diploma or GED and 10 years of experience in Financial Services

Nice To Haves

Experience in any of the following: factoring, auditing, banking, commercial lending, underwriting, financial analysis, credit analysis, collateral management
Master's degree preferred but not required
6 years of progressive portfolio management/underwriting experience with relevant focus in the leverage lending sector, with a focus on Retail, Apparel, Consumer Products preferred
Completion of bank/finance company credit training program preferred, but not required

Responsibilities

Primarily responsible for managing, maintaining, & controlling a portfolio of larger, more complex client and their customer relationships – both borrowing and non-borrowing clients.
Work in tandem with customer credit team to establish credit lines.
Analyze & monitor Clients’ financial & collateral performance by implementing & maintaining a system of controls and checks & balances.
Maintain knowledge of clients’ financial condition, collateral evaluation, and industry trends.
Ensure client is compliant with Bank’s Policies and Procedures including Client Credit Authorities, Borrowing Base Credit Standards, and Industry White Papers.
Familiarity with and ability to apply and understand Bank’s Compliance procedures to meet government and company regulations and risk profiles.
Coordinate with area operations & audit staff to ensure that clients’ information is accurate, current, is complete and presented on a timely basis.
Cultivate/manage relationships with the borrowers and referral sources.
Review/analyze interim financial statements, fiscal year-end audit reports and client projections on a timely basis.
Visit and communicate with clients as necessary.
Responsible for generating new business along with referral source generation.
Foster an environment of cross sell including treasury management services, equipment finance, FX and other FCB services that may benefit the client.