Managing Director Underwriter Port Manager MMB

Overview

The Managing Director, Underwriting Portfolio Manager - Middle Market Banking is responsible for the leadership and development of Middle Market Banking operations. Creates business strategies that enhance service capabilities, operational efficiency, and regulatory compliance. Develops and implements best practice methodologies across the department. Establishes strong productive partnerships between business partners to facilitate daily operations. Develops and executes new initiatives, directing all planning and training efforts to achieve project success. Provides personal leadership and expert direction on all processes, systems, and policies within the division.

Responsibilities

Strong middle market finance experience with both privately-held and public companies, thorough understanding of credit analysis, financial modeling, structuring, guarantor analysis, deal terms and the ability to communicate credit recommendations with senior management. Deep credit product knowledge ranging from senior secured lending with recourse to owner-occupied real estate, and enterprise value financings.

Responsible for managing Middle Market Banking (MMB) Underwriting & Portfolio Management activities, processes (excluding reporting), and related personnel for the group.

Collaborate with the MMB Business Unit Head, Relationship Managers and Credit Partners on evaluation and assessment of prospective relationship-oriented credit opportunities :

Interface effectively with key partners :

MMB Relationship Specialist team to coordinate collection of reporting information from clients and prospects as well as other client facing activities

Lending Middle Office’s MMB coverage team for new deal closing and material amendment booking and AML / KYC activities

Oversee deal vetting, structuring, term sheet issuance, Credit Approval Memo quality, loan document negotiation, approval and closing, and post-close loan modifications, extensions, portfolio monitoring, and ensuring risk rating accuracy.

Run / coordinate the underwriting process from initial client discussions, all the way through closing, including working closely with relationship managers, underwriting team, credit partners, middle office team, compliance managers and legal counsel.

Actively participate in all credit approval request meetings with MMB SCO’s and / or MMB CCO

Propose revisions as needed to the Middle Market Banking Credit Standard

Advise leadership of adverse borrower developments in a timely manner

Manage periodic Portfolio Management deliverables as required, including quarterly portfolio reviews, as well as Audits, Exams, and Ad-hoc requests

Interface with Borrowers, Agent Banks, and Third Party Intermediaries

Interaction with Regulatory Agencies and FCB Senior Management

Travels to and meets with all regional MMB teams 2-3 times per year

Ensures professional development and training for all UW / PM colleagues

Possesses a player-coach mentality and knows how to balance team / individual empowerment versus direct involvement.

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Qualifications

Bachelor's Degree and 10 years of experience in Credit Analysis, Portfolio Management, Credit Underwriting, Risk Management OR High School Diploma or GED and 14 years of experience in Credit Analysis, Portfolio Management, Credit Underwriting, Risk Management

Preferred :

Bachelor’s or Master’s degree in Business, Economics or Finance, Accounting or MBA.

Completed courses relevant to business and financial analysis.

15+ years of Middle Market and / or Mid-Corporate Banking UW & PM experience

Demonstrated effective leadership of teams in multiple locations nationwide

Completion of a formal credit training program

10 years of banking experience at a Large Financial Institution (LFI)

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.

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.