Underwriter Portfolio Manager III-Sponsor

First Citizens Bank; Chicago (IL); Hybrid; USD 100,000 - 125,000; Full time

Job summary

First Citizens Bank is seeking an Associate Underwriter Portfolio Manager III - Sponsor in a hybrid role, with a blend of office and off-site work. You will underwrite Sponsor accounts, manage portfolios, and perform financial analysis to support loan structuring while monitoring risk across large credit relationships.

The role requires a Bachelor's degree with related experience or a high school diploma with substantial credit analysis/risk experience, plus industry knowledge in banking and

Qualifications

• Bachelor's Degree and 1 year of experience, or High School Diploma and 5 years in credit analysis, underwriting or risk management.
• Preferred Education: Bachelor's Degree.
• Preferred Area of Study: Business, Economics, Finance.
• Preferred Area of Experience: Banking, Finance.

Responsibilities

• Underwriting – Underwrites Sponsor accounts according to regulations and guidelines, analyzes financial statements and determines credit grades and loan structuring.
• Portfolio Management – Monitors portfolio documentation, credit grading accuracy, renewals, and servicing requirements.
• Analysis – Gathers and interprets financial data to support loan structuring and approvals; reviews industry info, risks, and collateral.
• Risk Management – Identifies risks via reviews and research; coordinates review and renewal schedules for existing credits and ongoing risk management.

Skills

Credit analysis

Underwriting

Portfolio management

Risk management

Regulatory compliance

Education

Bachelor's Degree

High School Diploma or GED/Equivalent

Job description

Overview

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

The Associate Underwriter Portfolio Manager III - Sponsor underwrites credit exposure for and large credit relationships and circumstances and actively manages Sponsor portfolios. Manages portfolio risk and adheres to all regulatory and compliance guidelines. Manages, services, and develops banking relationships through prescribed servicing and sales processes. Identifies emerging credit problems and industry trends.

Responsibilities & Qualifications

Duties & Responsibilities:

• Underwriting - Underwrites Sponsor accounts according to applicable regulations, procedures, and guidelines. Reviews financial statements, communicates with clients or prospects, and performs analysis to recommend credit grades and appropriate loan structuring. Ensures all involved parties are updated on underwriting progress and outcome.
• Portfolio Management - Monitors assigned portfolio for completeness of documentation, accuracy of credit grading, and potential exposures. Processes line renewals and new requests as per loan approval servicing requirements. Performs other tasks related portfolio servicing and management.
• Analysis - Sources, compiles, and interprets financial data to support structuring and approval of loans. Reviews industry information and comparisons, key risks and mitigants, and collateral to form a general business overview of the borrower. Utilizes results of analysis to underwrite loans.
• Risk Management - Identifies risks through reviews, analysis, and research of new and existing loans. Communicates identified risks, review schedule, and potential changes in the energy portfolio. Assists in coordinating review and renewal schedules for existing credits, facilitating ongoing risk identification and management.

Position Specific Skills

Completion of formal credit training program preferred.

Qualifications

• Minimum Required Education and Experience: Bachelor's Degree and 1 years' experience OR High School Diploma or GED/Equivalent and 5 years' experience in Credit analysis, underwriting or Risk Management
• Preferred Education:Bachelor's Degree
• Preferred Area of Study:Business, Economics, Finance
• Preferred Area of Experience:Banking, Finance

Additional Information

If hired in Illinois the base pay for this position is generally between $100,000.00 and $125,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

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.