VP Subscription Finance & Services

Citizens•Charlotte, NC

1d•$190,000 - $225,000

About The Position

Citizens Bank is seeking a Vice President to join its Subscription Finance & Services (“SFS”) team. The SFS team manages a portfolio of private equity fund clients of varying sizes, strategy, and complexity. SFS serves as the primary banking partner to CFOs, COOs, treasurers, and investment professionals across leading private equity firms. The team delivers fund-level financing solutions, strategic advisory, and holistic banking services. The position will support with originating, structuring, underwriting, and executing subscription credit facilities for sponsors with AUM > $1 billion, while also ensuring relationship coverage across the fund family.

Requirements

6+ years of experience covering private equity, private capital, or corporate clients, with a strong background in fund finance, structured credit, leveraged finance, or related fields
Experience supporting or contributing to business development, relationship management, or client-facing activities
Strong understanding of private equity structures, LP capital commitments, fund formation documents, and capital call mechanics

Responsibilities

Support senior team members in calling on target sponsors to develop deep, multi‑level relationships with key decision‑makers
Contribute to identifying cross‑sell opportunities across Treasury, Capital Markets, FX, and other bank products
Assist in preparing detailed pitch materials, market updates, and financing analyses for client meetings
Perform borrowing base analysis, LP concentration and quality review, collateral diligence, and structural risk assessment
Participate in accounting, business, and legal due diligence for credit approval processes and ongoing portfolio monitoring
Review and interpret fund documents, LPAs, side letters, subscription agreements, and investor letters to evaluate borrowing base eligibility and collateral protections
Monitor facility performance, borrowing base compliance, LP credit quality, and concentration risks throughout the life of the loan
Support the execution of amendments, waivers, covenant modifications, and facility upsizes as funds evolve
Collaborate with internal partners (Credit, Risk, Treasury, Capital Markets, Operations), and external legal counsel
Support Syndications (if applicable) on facility distribution strategy and market clearing levels
Assist in training, guidance, and skill development for junior bankers, analysts, and associates