Hybrid: Distressed Assets Recovery Analyst

First Citizens; Denver (CO); Hybrid; USD 102,000 - 136,000; Full time

Benefits offered by this job

Competitive benefits

Bonus eligibility

Job summary

First Citizens Bank seeks a portfolio management professional to oversee distressed and stressed assets, focusing on maximizing recoveries and minimizing losses through restructuring. The role involves negotiating amendments, waivers, and credit actions, while ensuring regulatory compliance across multiple internal teams.

The hybrid position is based in Denver, CO, with potential work in other major markets.

Qualifications

• Bachelor's Degree in Finance, Accounting, Economics or related field with 2 years in Credit Training or Financial Modeling, valuation and credit OR equivalent experience.
• Ability to interpret complex financial information and build effective models.
• Strong negotiation and analytical skills for restructuring and credits.

Responsibilities

• Analyze portfolio financials of stressed assets to structure workout strategies.
• Prepare portfolio reviews, credit action memos, and upgrade/downgrade recommendations.
• Support negotiations of amendments, waivers, and restructuring proposals.
• Ensure compliance with regulatory requirements and bank policies during workouts.
• Collaborate across internal units to manage distressed portfolios efficiently.

Skills

Negotiate and influence

Financial principles

Interpret financial data

Education

Bachelor's degree in finance/accounting/related field

High school diploma or GED + 6 years relevant experience

Job description

First Citizens Bank seeks a portfolio management professional to oversee distressed and stressed assets, focusing on maximizing recoveries and minimizing losses through restructuring. The role involves negotiating amendments, waivers, and credit actions, while ensuring regulatory compliance across multiple internal teams.

The hybrid position is based in Denver, CO, with potential work in other major markets.