First Citizens Bank
Managing Director Underwriter Port Manager MMB
First Citizens Bank, Atlanta, Georgia, United States, 30383
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.
#LI-NK1
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 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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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.
#LI-NK1
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 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