VP, Senior Underwriter Portfolio Manager-Maritime (hybrid)

Overview

This position is responsible for the underwriting as well as portfolio management of asset-backed maritime financing transactions. Responsible for analysis, reporting, and purchase or liquidation of assets within the portfolio. Monitors regulatory requirements and market trends, and modifies strategies as needed. Performs all activities to maximize value while minimizing risk, developing reports, dashboards, and other methods of evaluation to communicate status with the appropriate stakeholders.

Responsibilities & Qualifications

Duties & Responsibilities:

Underwriting - Leads the underwriting of credit actions according to applicable regulations, procedures, and guidelines. Interacts directly with customers to gather information throughout the approval process and to determine the viability of repayment. Reviews financial statements, communicates with customers or prospects, and performs analysis to recommend credit grades, covenants, and appropriate loan structuring. Ensures all involved parties are updated on underwriting progress and outcome. Provides leadership in daily activities through underwriting production and credit analysis expertise.

Portfolio Management - Enhances Bank earnings through the recommendation and execution of portfolio transactions and by ensuring adequate liquidity to support balance sheet growth is available at all times. Confirms portfolio transactions are properly executed and carry an acceptable amount of risk. Supports, liquidity management, stress testing, assumption updates, and model validation. Creates reports for management and regulators on portfolio composition, return, and risk.

Analysis - Performs analysis on portfolio positions and assists in liquidity management. Sources, compiles, and interprets financial data to support structuring and approval of loans. Reviews industry information and comparisons, key risks and mitigants, and collaterals to form a general business overview of the borrower. Utilizes results of analysis to underwrite complex loans.

Risk Management - Identifies risks through reviews, analysis, and research of new and existing loans. Works closely with Bank associates and partners to resolve risk issues, communicating review schedule and potential changes in the portfolio. Assists in coordinating review and renewal schedules for existing credits, facilitating ongoing risk identification and management. May assist in the development of strategies to manage risk within the credit portfolio.

Position Specific Skills:

Completion of a formal credit training program preferred

Qualifications:

Minimum Required Education and Experience: Bachelor''s Degree and 6 years'' experience OR High School Diploma or GED/Equivalent and 10 years'' experience in Credit analysis, underwriting or Risk Management

Preferred Education:Bachelor''s Degree

Preferred Area of Study:Business, Finance, Economics

Preferred Area of Experience:Finance, Banking

Required Licenses or Certifications:

Preferred Licenses or Certifications:

Additional Information

Bachelor''s Degree and 6 years of experience in Credit analysis, underwriting or Risk Management OR High School Diploma or GED and 10 years of experience in Credit analysis, underwriting or Risk Management

Preferred:

• Maritime Finance or Maritime Industry experienced strongly preferred
• Degree with a concentration in finance or accounting preferred. MBA/CFA/CPA a plus.
• Formal credit training with experience in the underwriting and execution effort on senior debt transactions is preferred.
• Experience with structuring transactions and negotiating documentation is preferred.
• Strong communication and interpersonal skills; team player.
• Self-motivated with high energy levels; ability to prioritize and multi-task effectively

The base pay for this position is generally between $152,250.00 and $185,000.00. 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.

#LI-NK1

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.

Bachelor''s Degree and 6 years of experience in Credit analysis, underwriting or Risk Management OR High School Diploma or GED and 10 years of experience in Credit analysis, underwriting or Risk Management

Preferred:

• Maritime Finance or Maritime Industry experienced strongly preferred
• Degree with a concentration in finance or accounting preferred. MBA/CFA/CPA a plus.
• Formal credit training with experience in the underwriting and execution effort on senior debt transactions is preferred.
• Experience with structuring transactions and negotiating documentation is preferred.
• Strong communication and interpersonal skills; team player.
• Self-motivated with high energy levels; ability to prioritize and multi-task effectively

The base pay for this position is generally between $152,250.00 and $185,000.00. 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.

#LI-NK1

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.