Associate II Commercial Banking Warehouse Lending

This is a hybrid role, with the expectation that work will regularly take place inside and outside of our New York or San Francisco offices. Together, Silicon Valley Bank and First Citizens offer the strength and stability of a diversified financial institution with a 125-year tradition of service and the personalized approach of a nimble financial partner. First Citizens Bank helps personal, business, commercial, and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., First Citizens has built a legacy of strength, stability, and long-term thinking. The bank offers an array of general banking services, including a network of more than 550 branches in 23 states, and commercial banking expertise delivering best-in-class lending, leasing, and other financial services coast to coast. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets.

Silicon Valley Bank (SVB), a division of First Citizens Bank, serves some of the world’s most innovative companies and investors. SVB provides commercial and private banking to individuals and companies in the technology, life science and healthcare, private equity, venture capital, and premium wine industries. SVB operates in centers of innovation throughout the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights, and connections.

About the role

This role is responsible for portfolio management, credit underwriting, and loan administration duties for Fintech Warehouse Facilities.

Responsibilities

• Portfolio Management and Loan Administration: Support, monitor, and analyze client collateral credit performance for asset-backed finance (ABF) transactions. Work with clients and the middle office to process loan transactions (such as draw requests, pay downs, and distribution of funds). Prepare modeling and analysis for monthly and quarterly portfolio reviews (including asset-backed securities (ABS) market overviews), highlighting key trends and potential risks. Monitor deals for compliance with covenants. Ensure timely receipt and accuracy of client financial, compliance, and collateral reporting. Maintain accurate and up-to-date client information in internal systems. Assist in the preparation of internal reports and presentations for credit and senior management.
• Credit Structuring and Underwriting: Support deal teams in the underwriting process for existing warehouse credit facilities. Assist in the preparation of credit memoranda and complex structured finance models. Analyze client financial statements, collateral tapes, and other relevant documents. Perform collateral stratification. Coordinate with internal stakeholders—including credit, legal, and operations teams—and assist in both the deal approval and structuring process. Understand risk factors and performance drivers for the various asset classes financed by the team, as well as venture debt and broader structured finance vehicles maintained by commercial banking clients.
• Client Relationship Management and Communication: Act as a point of contact for assigned clients, responding to inquiries and requests, including loan transactions. Collaborate with relationship managers to support client meetings and presentations. Prepare client-facing materials and correspondence. Contribute to the development of client relationships.

Qualifications

• Bachelor’s Degree and 1 year of experience or High School Diploma or GED and 5 years of experience.
• Preferred Area of Study: Finance, Economics, Accounting, Business.
• Preferred Area of Experience: Commercial Banking, Asset Backed Finance, Debt Capital Markets, Asset Backed Securities, Warehouse Lending, Corporate Finance.

Pay

For New York or San Francisco, the base pay for this position is generally between $102,450.00 and $136,600.00. 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

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.