Distressed Assets Strategy Analyst

First Citizens Bank; Boston (MA); Hybrid; USD 102,000 - 145,000; Full time

Job summary

First Citizens Bank is seeking a hybrid Asset/ Credit Management professional based in Boston, MA with responsibilities spanning distressed portfolio analysis, workout structuring, and credit documentation. The role emphasizes collaboration across internal teams to optimize recoveries while minimizing losses in stressed and distressed loans and equity positions.

Key duties include analyzing portfolio financials to build workout models, preparing reviews and memos, and guiding amendments and

Qualifications

• Bachelor's Degree and 2 years of experience in Credit Training or Financial Modeling, valuation and credit
• High School Diploma or GED and 6 years of experience in Credit Training or Financial Modeling, valuation and credit
• Preferred Area of Study: Accounting, Finance, Credit
• Preferred Area of Experience: Commercial Banking or Advisory

Responsibilities

• Asset Management - Analyzes portfolio financials of stressed and distressed to create models to structure workout strategies for the Borrowers.
• Prepares and processes portfolio reviews, credit action applications and upgrade/downgrade memos.
• Business Support - Works with Team leaders in development, implementation, and monitoring of restructured strategies.
• Assist team leaders with negotiations of amendments, waivers, restructuring proposals, and other necessary credit documentation.
• Regulatory Compliance - Maintains current knowledge of regulations pertaining to management of stressed portfolios to ensure adherence to policies.
• Performs due diligence to identify risks associated with credit actions.
• Collaboration - Interfaces across multiple internal units to ensure timely, efficient management and resolution of portfolios.

Skills

Negotiation

Financial principles

Financial modeling

Education

Bachelor's degree

HS diploma with 6+ years experience

Job description

First Citizens Bank is seeking a hybrid Asset/ Credit Management professional based in Boston, MA with responsibilities spanning distressed portfolio analysis, workout structuring, and credit documentation. The role emphasizes collaboration across internal teams to optimize recoveries while minimizing losses in stressed and distressed loans and equity positions.

Key duties include analyzing portfolio financials to build workout models, preparing reviews and memos, and guiding amendments and