VP, Senior Portfolio Manager-CEF (Hybrid) NY/NJ at First Citizens Bank and Trust Company

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

11 May, 26

Salary

175000.0

Posted On

10 Feb, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Analysis, Credit Underwriting, Portfolio Management, Equipment Finance, Problem Loan Management, Microsoft Office, Moody’s Credit Lens, Underwriting Experience

Industry

Banking

Description

Overview This is a hybrid role that will only be hired in the following location: New York City, NY or Morristown, NJ. The VP, Portfolio Manager will be responsible for portfolio management activity on 26 accounts for equipment loans and leases which contribute to an aggregate portfolio exposure of $1Bn. You will be responsible for making recommendations on new credit requests, renewals, and modifications ensuring quality and soundness of all credit transactions. Responsibilities Responsible for portfolio management activity on ~26 accounts for equipment loans and leases which contribute to an aggregate portfolio exposure of $1Bn Ensures all applicable credit policies, standards, and procedures are within full regulatory compliance. Responsible for making recommendations on new credit requests, renewals, and modifications ensuring quality and soundness of all credit transactions Capture and document credit decisions, conditions, and modifications to meet client needs as well as balance the bank's internal risk/return requirements Equipment finance knowledge across a wide range of asset classes and obligor types required, including underwriting experience as PM periodically handles new requests from clients or surges in prospect requests #LI-NK1 Qualifications Bachelor's Degree and 6 years of experience in Credit Analysis and Credit Underwriting OR High School Diploma or GED and 10 years of experience in Credit Analysis and Credit Underwriting Preferred/Other Qualifications: • Problem loan management/workout experience • Strong Microsoft Office Skills • Moody’s Credit Lens experience • BA and 10+ years’ experience or MBA and 7+ years’ experience • Equipment finance knowledge in the following asset classes - Transportation, Construction, Industrial/Manufacturing, Mining, Material Handling, Aircraft, Jones Act vessels, and Power Generation. If hired in New York, New York the base pay for this position is generally between $110,000.00 and $175,000.00. If hired in Morristown, New Jersey the base pay for this position is generally between $105,000.00 and $150,000.00 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. #LI-NK1

Responsibilities

Responsible for portfolio management activity on approximately 26 accounts for equipment loans and leases. Ensure compliance with credit policies and make recommendations on credit requests, renewals, and modifications.