Assistant Vice President, Credit Solutions Innovation Banking

Responsibilities

• Lead the structuring, underwriting, and closing of credit solutions for assigned prospects and clients.
• Manage resources effectively and responsible for doing this at increasing scale.
• Engage with Relationship Management, clients/prospects and Credit Admin to ensure successful outcomes.
• With oversight from senior management, engage with other internal/external stakeholders, including Legal Counsel, to ensure successful outcomes.
• Manage assigned portfolio of borrowing relationships, reviewing information, evaluating risk, and engaging with clients.
• Build relationships with appropriate stakeholders.
• Communicate internally to recommend and execute on responses to changing situations for clients / across the portfolio broadly.
• Ensure that portfolio management practices meet/exceed credit quality and standards.
• Optimize business processes and procedures for portfolio management to improve scalability.
• Ensure compliance with internal policies and regulatory requirements.
• Engage in team development, including collaboration and coaching of Associates who support the team.
• Foster a collaborative environment and provide mentorship to junior team members.
• Develop and demonstrate subject matter expertise within the team including market, sector and competitive trends, business models, lending models.
• Stay informed about industry developments and share insights with the team.

Qualifications

• Bachelor's Degree and 2 years of experience in Commercial banking, Credit Underwriting or Analysis, or Relationship Management and/or industry-specific knowledge in technology sectors OR
• High School Diploma or GED and 6 years of experience in Commercial banking, Credit Underwriting or Analysis, or Relationship Management and/or industry-specific knowledge in technology sectors.

Preferred Qualifications

• 4 years of commercial banking experience underwriting
• Strong financial modeling/analysis, memo writing, debt structuring, negotiation, and closing skills with the ability to engage and build trust with clients independently.
• Advanced knowledge of portfolio management practices including expertise in evaluating risk and managing changing situations.

Pay

The base pay for this position is generally between $113,775-$151,700 per year. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law.

Benefits

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.