Director Underwriter Portfolio Manager-MMB

First Citizens; Atlanta (GA); Hybrid; USD 120,000 - 180,000; Full time

Job summary

First Citizens Bank in Atlanta seeks a Senior Underwriter Manager to lead middle market underwriting and portfolio management. You will coordinate the underwriting process from initial client discussions through closing, including structuring, term sheets, and loan documentation.

Responsibilities include overseeing post-closing modifications and portfolio monitoring, advising senior management on risk and opportunities, and leading a team to meet department goals.

Qualifications

• Minimum education: Bachelor's Degree with 8+ years in Credit analysis, underwriting or Risk Management; or High School Diploma with 12+ years in the same fields.
• Preferred: Master’s Degree or Bachelor’s in Business, Finance or Economics.

Responsibilities

• Run/coordinate the underwriting process from initial client discussions to closing, including deal vetting, structuring, term sheet, and loan doc negotiations.
• Interface with Borrowers, Agent Banks, and Third Party Intermediaries; participate in credit approval meetings.
• Oversee post-closing loan modifications, extensions and portfolio monitoring; advise on risk and opportunities to improve shareholder value.

Skills

Credit analysis

Financial modeling

Structuring

Guarantor analysis

Deal terms

Credit recommendations

Education

Bachelor's Degree

High School Diploma or GED

Master's or Bachelor's in Business/Finance/Economics

Job description

Overview

This is a hybrid role, with the expectation that work time will regularly take place inside a company office.

At First Citizens Bank, we believe meaningful careers are built through meaningful relationships. For more than 125 years, we've supported our clients, communities and colleagues through a culture rooted in connection, collaboration and long-term success.

At First Citizens Bank, we're committed to helping our clients achieve their ambitions, and we bring that same commitment to our associates. For more than 125 years, our relationship-based culture has created opportunities to build lasting connections, grow professionally and make a meaningful impact for our clients, communities and one another.

First Citizens Middle Market Banking brings a relationship and advisory driven approach to delivering tailored banking solutions that support growth, strategic objectives and long-term success to privately held, family-owned and publicly traded companies across a variety of industries.

Responsibilities & Qualifications

Duties & Responsibilities:

Strong middle market finance experience with both privately-held and public companies, through 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.

New Business Underwriting:

• Run/coordinate the underwriting process from initial client discussions to closing, including deal vetting, structuring, term sheet issuance, overseeing the preparation of a quality Credit Approval Memo, loan documentation negotiation, approval and closing.
• Interface with Borrowers, Agent Banks, and Third Party Intermediaries.
• Actively participate in credit approval request meetings with Credit Partners

Ongoing Portfolio Management:

• Following closing, oversee any post-closing loan modifications, extensions, and ongoing portfolio monitoring including ensuring risk rating accuracy.
• Monitors changes in the economy and macroeconomic environment and advises executive management on potential opportunities to enhance shareholder return.
• Advises on strategies to ensure risks are properly identified and portfolio composition is aligned with overall Bank balance sheet and appropriate for various economic environments.

Managerial Functions:

• Leads an underwriting and portfolio management team and manages the performance, training, and evaluation of assigned staff.
• Establishes and monitors team expectations to achieve company and department goals. Makes appropriate changes to team policies, procedures, and efficiencies in order to meet objectives.
• Possesses a player-coach mentality and knows how to balance team/individuals empowerment versus direct involvement.

Position Specific Skills:

• Completion of a formal credit training program preferred
• Management or Supervisory
• Detail Oriented
• Commercial Credit
• Communications both verbal and written

Qualifications:

• Minimum Required Education and Experience: Bachelor's Degree and 8 years' experience OR High School Diploma or GED/Equivalent and 12 years' experience in Credit analysis, underwriting or Risk Management
• Preferred: Education: Master's Degree or Bachelor’s degree Business, Finance, Economics
• Management or Supervisory experience
• #LI-NK1

Additional Information

• 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.