Director Underwriter Portfolio Manager-MMB

First Citizens Bank; Dallas (TX); Hybrid; USD 110,000 - 190,000; Full time

Job summary

First Citizens Bank in Dallas, TX, is seeking a seasoned credit professional for a hybrid Middle Market Banking role. The position oversees underwriting and portfolio management for mid-sized clients, typically with revenues from $100 million to $2 billion, and requires collaboration across relationship managers, credit partners, and senior management.

The role involves coordinating the underwriting process from initial discussions to closing, maintaining portfolio risk post-closing, and leading

Qualifications

• Bachelor's degree and 8 years' experience in credit analysis or underwriting.
• Or high school diploma with 12 years' experience in credit analysis or risk management.
• Master's or Business/Finance/Economics degree preferred.

Responsibilities

• Coordinate underwriting from initial client discussions to closing.
• Interface with borrowers, agent banks, and third parties.
• Monitor post-closing portfolio and adjust credit risk as needed.
• Lead underwriting and portfolio management team.

Skills

Credit analysis

Underwriting

Leadership

Detail oriented

Communication

Education

Bachelor's degree

Master's degree

Job description

Overview

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

First CitizensMiddle Market Bankingdelivers a range of financial solutions to midsize clients through a relationship banking model. Typical Middle Market Banking clients range from $100 million to $2 billion in revenue. The business offers deposit solutions, loans, treasury services and other banking products to manufacturers, distributors and a wide variety of service 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

Collaborate with the Head of MMB Underwriting and Portfolio Management, Relationship Managers, and Credit Partners on evaluation assessment of prospective relationship orientated credit opportunities:

• 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

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.