First Citizens
SVB - Relationship Manager II - Corporate Banking, Credit Solutions
First Citizens, San Francisco, California, United States, 94199
Overview
Read on to find out what you will need to succeed in this position, including skills, qualifications, and experience. This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.
Together, Silicon Valley Bank and First Citizens offer you 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 unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens 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, is the bank of 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. Learn more at svb.com.
Responsibilities
Underwriting; Process Management
Debt process management – manage corporate and leveraged transaction processes from new opportunity introduction to loan closing
Due Diligence – review target company provided / publicly available materials, including historical financials, management presentations, CIMs, and 3rd party materials; assist associates with generating diligence request lists to cover questions arising from review of materials while identifying gaps in provided information
Credit Memorandums – create credit memorandums to drive credit approval for new opportunities
Review financial models from associates to ensure accuracy with company projections
Present new opportunities to loan approvers
Prepare loan packages for approvals, including utilization of existing bank systems
Lead document negotiation
Utilizes analysis and independent judgment to generate recommendations to Directors/MDs
Drive coordination / execution with Syndications and Relationship Management partners
Act as primary lending liaison for portfolio companies
Work with associates to ensure timely and accurate reporting from portfolio companies
Manage any amendment/waiver processes for portfolio companies
Other Responsibilities:
Coordination with RM partners to develop materials required to evaluate, pitch, and execute debt opportunities
Participation on diligence calls with prospects and portfolio companies. Takes notes on material updates and opportunities
Mentor the associate staff
Decisions – utilizes moderate decision making and independent judgement in negotiations and building relationships. Influences and drive decisions
Exercises judgment and authority prudently and with proper balance for the best interests of the clients and SVB
Recommendations:
Recommends structuring and underwriting points on new opportunities as well as decisions related to portfolio and risk management of the existing portfolio with guidance from senior team members
Knowledge - Advanced late stage lending & leveraged finance knowledge, negotiating experience and marketing skills with an ability to build and close new relationships with minimal assistance
Skills:
Highly proficient at researching information and gathering pertinent items to identify trends / anomalies
Extremely adept at understanding and interpreting requests
Strong understanding of financial accounting with financial modeling experience
Strong organization and attention to details ensuring all documentation is complete and accurate
Proven ability / highly skilled at developing strong positive relationships with external clients / internal partners
Excellent communication skills capable of explaining information in a clear and concise manner and adapting delivery depending on the audience and influencing decisions in the best interest of the client
Professional, thorough, and organized with strong follow-up skills
Excels in a team environment and proactively collaborates and acts as a leader with others to serve clients
Demonstrates initiative, a commitment to continuous learning, and the ability to adapt to changing demands and requirements
Responds positively and quickly to constructive feedback
Competencies:
Intuitiveness
Analytical Ability/Fluency with Numbers
Critical thinking
Time management
Prioritization
Driven/Self-Motivated
Collaborative
Accountability
Qualifications Bachelor's Degree and 6 years of experience in Commercial banking, Credit Underwriting or Analysis, or Relationship Management and/or industry-specific knowledge in technology or healthcare sectors OR High School Diploma or GED and 8 years of experience in Commercial banking, Credit Underwriting or Analysis, or Relationship Management and/or industry-specific knowledge in technology or healthcare sectors.
Preferred Education and Experience:
8+ years of experience in either a leveraged finance, investment banking, or technology commercial banking/finance role
Bachelor’s or equivalent required. MBA or CFA preferred but not required
Moderate travel is expected for this position; events; trainings; or bank meetings may require offsite work
Preferred Area of Study: Finance, Economics, Business Administration, or related field
Preferred Area of Experience: Technology or healthcare sector experience, and/or Leadership experience and advanced financial modeling skills
The base pay for this position is relative to your experience but the range is generally $165,000 – $220,000 per year. This position is eligible for variable compensation, which may be in the form of incentive, bonus, or commission pay.
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.
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Read on to find out what you will need to succeed in this position, including skills, qualifications, and experience. This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.
Together, Silicon Valley Bank and First Citizens offer you 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 unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens 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, is the bank of 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. Learn more at svb.com.
Responsibilities
Underwriting; Process Management
Debt process management – manage corporate and leveraged transaction processes from new opportunity introduction to loan closing
Due Diligence – review target company provided / publicly available materials, including historical financials, management presentations, CIMs, and 3rd party materials; assist associates with generating diligence request lists to cover questions arising from review of materials while identifying gaps in provided information
Credit Memorandums – create credit memorandums to drive credit approval for new opportunities
Review financial models from associates to ensure accuracy with company projections
Present new opportunities to loan approvers
Prepare loan packages for approvals, including utilization of existing bank systems
Lead document negotiation
Utilizes analysis and independent judgment to generate recommendations to Directors/MDs
Drive coordination / execution with Syndications and Relationship Management partners
Act as primary lending liaison for portfolio companies
Work with associates to ensure timely and accurate reporting from portfolio companies
Manage any amendment/waiver processes for portfolio companies
Other Responsibilities:
Coordination with RM partners to develop materials required to evaluate, pitch, and execute debt opportunities
Participation on diligence calls with prospects and portfolio companies. Takes notes on material updates and opportunities
Mentor the associate staff
Decisions – utilizes moderate decision making and independent judgement in negotiations and building relationships. Influences and drive decisions
Exercises judgment and authority prudently and with proper balance for the best interests of the clients and SVB
Recommendations:
Recommends structuring and underwriting points on new opportunities as well as decisions related to portfolio and risk management of the existing portfolio with guidance from senior team members
Knowledge - Advanced late stage lending & leveraged finance knowledge, negotiating experience and marketing skills with an ability to build and close new relationships with minimal assistance
Skills:
Highly proficient at researching information and gathering pertinent items to identify trends / anomalies
Extremely adept at understanding and interpreting requests
Strong understanding of financial accounting with financial modeling experience
Strong organization and attention to details ensuring all documentation is complete and accurate
Proven ability / highly skilled at developing strong positive relationships with external clients / internal partners
Excellent communication skills capable of explaining information in a clear and concise manner and adapting delivery depending on the audience and influencing decisions in the best interest of the client
Professional, thorough, and organized with strong follow-up skills
Excels in a team environment and proactively collaborates and acts as a leader with others to serve clients
Demonstrates initiative, a commitment to continuous learning, and the ability to adapt to changing demands and requirements
Responds positively and quickly to constructive feedback
Competencies:
Intuitiveness
Analytical Ability/Fluency with Numbers
Critical thinking
Time management
Prioritization
Driven/Self-Motivated
Collaborative
Accountability
Qualifications Bachelor's Degree and 6 years of experience in Commercial banking, Credit Underwriting or Analysis, or Relationship Management and/or industry-specific knowledge in technology or healthcare sectors OR High School Diploma or GED and 8 years of experience in Commercial banking, Credit Underwriting or Analysis, or Relationship Management and/or industry-specific knowledge in technology or healthcare sectors.
Preferred Education and Experience:
8+ years of experience in either a leveraged finance, investment banking, or technology commercial banking/finance role
Bachelor’s or equivalent required. MBA or CFA preferred but not required
Moderate travel is expected for this position; events; trainings; or bank meetings may require offsite work
Preferred Area of Study: Finance, Economics, Business Administration, or related field
Preferred Area of Experience: Technology or healthcare sector experience, and/or Leadership experience and advanced financial modeling skills
The base pay for this position is relative to your experience but the range is generally $165,000 – $220,000 per year. This position is eligible for variable compensation, which may be in the form of incentive, bonus, or commission pay.
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.
#J-18808-Ljbffr