Distressed Asset Recovery Analyst

First Citizens Bank; San Francisco (CA); Hybrid; USD 105,000 - 145,000; Full time

Job summary

First Citizens Bank is seeking a professional to assist in managing a portfolio of distressed and stressed assets, with a focus on maximizing recoveries and minimizing losses through restructuring.

This hybrid role is based in Denver, CO; Los Angeles or San Francisco, CA; New York, NY; or Boston, MA, and requires coordination with internal teams to negotiate amendments, monitor credit actions, and ensure regulatory compliance.

Qualifications

• Bachelor's degree and 2+ years of experience in Credit Training or Financial Modeling, valuation and credit
• Strong knowledge of financial principles and concepts
• Ability to interpret financial information and create effective models

Responsibilities

• Analyze portfolio financials of stressed assets to create workout models
• Coordinate amendments, waivers and restructuring proposals with team leaders
• Monitor compliance with regulations and bank policies in credit actions
• Collaborate across internal units to ensure timely management and resolution of distressed portfolios
• Negotiate and influence stakeholders to bridge to exit or turnarounds

Skills

Negotiation

Financial principles

Financial modeling

Education

Bachelor's degree and 2+ years in Credit/Financial Modeling

Job description

First Citizens Bank is seeking a professional to assist in managing a portfolio of distressed and stressed assets, with a focus on maximizing recoveries and minimizing losses through restructuring.

This hybrid role is based in Denver, CO; Los Angeles or San Francisco, CA; New York, NY; or Boston, MA, and requires coordination with internal teams to negotiate amendments, monitor credit actions, and ensure regulatory compliance.