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VP, Senior Portfolio Manager-CEF (Hybrid) NY
VP, Senior Portfolio Manager-CEF (Hybrid) NYFirst Citizens Bank • New York, NY, US
VP, Senior Portfolio Manager-CEF (Hybrid) NY

VP, Senior Portfolio Manager-CEF (Hybrid) NY

First Citizens Bank • New York, NY, US
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Overview

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.

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
  • Qualifications

    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

    Preferred / Other Qualifications :

  • 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.
  • If hired in New York, New York the base pay for this position is generally between $110,000.00 and $160,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and / or other awards as outlined in the offer of employment.

    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.

    LI-NK1

    Company Description :

    Founded in 1898 and headquartered in Raleigh, N.C., First Citizens Bank serves customers in 18 states and the District of Columbia. For over 100 years, customers have trusted First Citizens with their money … and their futures. Today, First Citizens is the largest family-controlled bank in the nation and the sixth-largest bank franchise headquartered in the Southeast with more than $30 billion in assets. We employ more than 6,000 associates who are focused on helping our customers achieve a lifetime of success. First Citizens operates more than 570 branches in Arizona, California, Colorado, District of Columbia, Florida, Georgia, Kansas, Maryland, New Mexico, Missouri, North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington and West Virginia.

    First Citizens Bank. Forever First®. Member FDIC.

    Equal Opportunity / Affirmative Action Employer / Minority / Female / Disability / Veteran

    If you need special assistance or an accommodation in applying for employment at First Citizens Bank, please contact our Human Resources department.

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    Vp Senior Portfolio • New York, NY, US

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