VP, Senior Underwriter Portfolio Manager-MMB

First Citizens Bank•Charlotte, NC

25d

About The Position

The VP, Senior Underwriter Portfolio Manager is responsible for underwriting and portfolio management of Middle Market Banking financing transactions. The role includes analysis, reporting, and purchase or liquidation of portfolio assets; monitoring regulatory requirements and market trends; and adjusting strategies as needed. The position works to maximize value while minimizing risk and develops reports, dashboards, and other evaluation methods to communicate status to relevant stakeholders. The role requires strong middle-market finance experience with privately held and public companies, including credit analysis, financial modeling, structuring, guarantor analysis, deal terms, and communicating credit recommendations to senior management. It calls for deep credit product knowledge ranging from senior secured lending with recourse to owner-occupied real estate and enterprise-value financings. For new business underwriting, the role collaborates with the MMB Underwriting and Portfolio Management Team Lead, Relationship Managers, and Credit Partners to assess prospective relationship-oriented credit opportunities. It leads the underwriting process from initial client discussions through closing, including deal vetting, structuring, term-sheet issuance, preparation of a Credit Approval Memo, loan-documentation negotiation, approval, and closing. The position interfaces with borrowers, agent banks, and third-party intermediaries and participates in credit approval request meetings. For ongoing portfolio management, the role oversees post-closing loan modifications, extensions, and portfolio monitoring, including risk-rating accuracy. It monitors risks across lending relationships through periodic review of financial statements and other required reporting, as well as independent research. It advises on strategies to identify risks appropriately and align portfolio composition with the Bank’s balance sheet and varying economic environments. The role also mentors junior team members and ensures compliance with bank policies and procedures throughout underwriting and portfolio management.

Requirements

Bachelor’s degree and 6 years of experience, or high school diploma/GED/equivalent and 10 years of experience, in credit analysis, underwriting, or risk management.
Strong middle-market finance experience with privately held and public companies.
Understanding of credit analysis, financial modeling, structuring, guarantor analysis, deal terms, and communicating credit recommendations to senior management.
Deep credit product knowledge, including senior secured lending with recourse, owner-occupied real estate, and enterprise-value financings.
Detail-oriented.
Commercial credit knowledge.
Strong verbal and written communication skills.
Ability to handle multiple tasks with changing priorities.

Nice To Haves

Completion of a formal credit training program.
Bachelor’s degree with coursework relevant to business and financial analysis.
8 years of experience in a commercial lending or investing environment, preferably within middle-market banking.
Commercial loan closing experience, including owner-occupied real estate.

Responsibilities

Underwrite and manage Middle Market Banking financing transactions.
Analyze, report on, and purchase or liquidate assets within the portfolio.
Monitor regulatory requirements and market trends and modify strategies as needed.
Develop reports, dashboards, and other evaluation methods to communicate portfolio status to stakeholders.
Collaborate with the MMB Underwriting and Portfolio Management Team Lead, Relationship Managers, and Credit Partners to evaluate prospective credit opportunities.
Lead underwriting from initial client discussions through closing, including deal vetting, structuring, term-sheet issuance, Credit Approval Memo preparation, loan-documentation negotiation, approval, and closing.
Interface with borrowers, agent banks, and third-party intermediaries.
Participate in credit approval request meetings with Credit Partners.
Oversee post-closing loan modifications, extensions, and ongoing portfolio monitoring, including risk-rating accuracy.
Monitor risks across lending relationships through periodic review of financial statements, required reporting, and independent research.
Advise on strategies to identify risks and align portfolio composition with the Bank’s balance sheet and economic environments.
Mentor and assist in training and developing junior team members.
Ensure compliance with bank policies and procedures throughout underwriting and portfolio management.