First Citizens
Business Risk Process Manager (Hybrid)
First Citizens, Raleigh, North Carolina, United States, 27601
Overview
First Citizens Bank invites a Commercial Services (CMS) Underwriter to lead underwriting efforts for high‑complexity loan opportunities, including ABL, factoring, working capital financing, credit protection and receivables management services. The role is a hybrid position with regular time both in and out of the New York City office. Responsibilities
Lead the preparation and analysis of underwriting presentations for ABL, factoring, working capital and credit protection transactions. Collaborate closely with Underwriting Manager, Business Development Officers, Legal, Credit Risk, Operations and other departments to manage the underwriting function, coordinate deal execution, and ensure timely closing of transactions. Ensure all underwriting activities comply with internal credit procedures and provide clear, concise risk assessments and recommendations to Credit Risk. Coordinate KYC/BSA processes, ensuring all compliance requirements are satisfied prior to transaction close. Perform rigorous financial analysis: statement review, collateral assessment, risk rating, industry and competitor analysis, and sensitivity scenarios to support transaction recommendations. Assist portfolio teams with client acquisition, refinancing and cross‑sale opportunities; support peer development and training initiatives. Qualifications
Bachelor’s Degree and 6 years of experience in commercial banking, credit and underwriting, or 10 years of experience with a high school diploma or GED. Commercial lending and underwriting experience for factoring/ABL and working capital transactions. Strong financial statement analysis, financial modeling, and analytical skills with an ability to question assumptions. Experience with retailers, consumer goods, wholesale, and manufacturing industries. Excellent communication, interpersonal skills, team player, and self‑motivated with high energy level and prioritization ability. Factoring experience is a plus; knowledge of legal documentation and deal management is advantageous. Compensation
Base pay ranges from $160,000 to $190,000 per year, with additional variable incentives, bonuses and benefits as outlined in the offer of employment. Benefits
First Citizens Bank offers a competitive benefits program that includes health, dental, vision, life, disability, retirement plans, paid time off, employee stock purchase plan, and other rewards. For more information, visit
https://jobs.firstcitizens.com/benefits . Application
To apply, submit your application through the First Citizens Bank career portal. Please review the Equal Employment Opportunity statement and confirm you meet the required qualifications.
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First Citizens Bank invites a Commercial Services (CMS) Underwriter to lead underwriting efforts for high‑complexity loan opportunities, including ABL, factoring, working capital financing, credit protection and receivables management services. The role is a hybrid position with regular time both in and out of the New York City office. Responsibilities
Lead the preparation and analysis of underwriting presentations for ABL, factoring, working capital and credit protection transactions. Collaborate closely with Underwriting Manager, Business Development Officers, Legal, Credit Risk, Operations and other departments to manage the underwriting function, coordinate deal execution, and ensure timely closing of transactions. Ensure all underwriting activities comply with internal credit procedures and provide clear, concise risk assessments and recommendations to Credit Risk. Coordinate KYC/BSA processes, ensuring all compliance requirements are satisfied prior to transaction close. Perform rigorous financial analysis: statement review, collateral assessment, risk rating, industry and competitor analysis, and sensitivity scenarios to support transaction recommendations. Assist portfolio teams with client acquisition, refinancing and cross‑sale opportunities; support peer development and training initiatives. Qualifications
Bachelor’s Degree and 6 years of experience in commercial banking, credit and underwriting, or 10 years of experience with a high school diploma or GED. Commercial lending and underwriting experience for factoring/ABL and working capital transactions. Strong financial statement analysis, financial modeling, and analytical skills with an ability to question assumptions. Experience with retailers, consumer goods, wholesale, and manufacturing industries. Excellent communication, interpersonal skills, team player, and self‑motivated with high energy level and prioritization ability. Factoring experience is a plus; knowledge of legal documentation and deal management is advantageous. Compensation
Base pay ranges from $160,000 to $190,000 per year, with additional variable incentives, bonuses and benefits as outlined in the offer of employment. Benefits
First Citizens Bank offers a competitive benefits program that includes health, dental, vision, life, disability, retirement plans, paid time off, employee stock purchase plan, and other rewards. For more information, visit
https://jobs.firstcitizens.com/benefits . Application
To apply, submit your application through the First Citizens Bank career portal. Please review the Equal Employment Opportunity statement and confirm you meet the required qualifications.
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