VP, Senior Underwriter & Portfolio Manager- Aviation Finance (Hybrid)

First Citizens Bank•Boston, MA

4h•Hybrid

About The Position

This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office based in NY, NJ, CA, AZ, MA, IL FL, GA, TX, NC. First Citizens Aerospace, Defense & Government—part of the Commercial Finance group—delivers asset-backed lending solutions for commercial aircraft, engines, and parts, along with cash flow financing for manufacturers, service providers, and private equity sponsors across the sector. With over 20 years of specialized expertise, the team is recognized for its deep industry knowledge, strong client relationships, and disciplined execution. We are seeking a highly skilled professional to join our team and support continued growth in this dynamic and specialized market. The Vice President, Underwriting Portfolio Manager is responsible for both underwriting and portfolio management of ADG financing transactions. This role includes evaluating, monitoring, and optimizing portfolio performance while ensuring compliance with regulatory requirements and market conditions. The VP will lead analysis, reporting, and asset management activities to maximize value and minimize risk, while communicating portfolio insights to key stakeholders through reports, dashboards, and presentations.

Requirements

Bachelor’s degree with 6+ years of experience in credit analysis, underwriting, or risk management OR High school diploma/GED with 10+ years of relevant experience

Nice To Haves

Bachelor’s degree in Business, Finance, Economics, or related field
8 years of experience in commercial banking, asset-based lending, corporate lending, or investment banking
4 years of experience in aviation or aerospace lending
Experience structuring bilateral, syndicated, and asset-backed (collateralized) financing transactions
Formal credit training program completion

Responsibilities

Lead the underwriting of credit transactions in accordance with established policies and regulatory standards
Partner directly with clients to gather and assess financial and operational information
Analyze financial statements and performance to determine creditworthiness and repayment capacity
Recommend credit structures, risk ratings, covenants, and loan terms
Communicate underwriting progress and outcomes to internal and external stakeholders
Provide leadership and expertise in credit analysis and underwriting execution
Drive portfolio performance through strategic transaction recommendations and execution
Ensure appropriate liquidity is maintained to support balance sheet growth
Monitor portfolio risk and confirm that transactions align with acceptable risk levels
Support stress testing, model validation, and ongoing assumption updates
Develop and present reports for management and regulatory stakeholders on portfolio composition, returns, and risk
Conduct detailed financial and market analysis to support loan structuring and approvals
Compile and interpret borrower data, industry trends, and collateral valuations
Assess key risks and mitigants to develop a comprehensive view of borrower performance
Apply analytical insights to support underwriting of complex financing structures
Identify and evaluate risks across new and existing credits
Collaborate with internal partners to resolve risk-related issues
Manage credit review and renewal cycles, ensuring timely and thorough evaluations
Support development and execution of portfolio risk management strategies