SVB - Associate II, Credit Solutions - Corporate Banking - Hybrid
Company: First Citizens Bank
Location: San Francisco
Posted on: October 5, 2024
Job Description:
Overview: This is a hybrid role, with the expectation that time
working will regularly take place inside and outside of a company
office.Together, Silicon Valley Bank and First Citizens offer you
the strength and stability of a diversified financial institution
with a 125-year tradition of service and the personalized approach
of a nimble financial partner.First Citizens Bank helps personal,
business, commercial and wealth clients build financial strength
that lasts. Headquartered in Raleigh, N.C., First Citizens has
built a unique legacy of strength, stability and long-term thinking
that has spanned generations. First Citizens offers an array of
general banking services including a network of more than 550
branches in 23 states and commercial banking expertise delivering
best-in-class lending, leasing and other financial services coast
to coast. Parent company First Citizens BancShares, Inc. (NASDAQ:
FCNCA) is a top 20 U.S. financial institution with more than $200
billion in assets. -Corporate Banking Credit Solutions focuses on
late-stage companies within SVB's portfolio of businesses. Primary
responsibilities will include underwriting / executing debt
transactions and portfolio management. The ideal candidate will be
able to take on increasing deal execution responsibilities while
assisting senior deal team members in all aspects of the deal
process. The team provides creative late stage and leveraged
capital solutions to Corporate Banking clients in the technology
sector. Responsibilities: Underwriting; Process Management
- Debt process management - manage with VP guidance corporate and
leveraged transaction processes from new opportunity introduction
to loan closing;
- Due Diligence - review target company provided / publicly
available materials, including historical financials, management
presentations, CIMs, and 3rd party materials; assist with
generating diligence request lists to cover questions arising from
review of materials while identifying gaps in provided
information;
- Credit Memorandums - create credit memorandums to drive credit
approval for new opportunities;
- Prepare financial models accurately based off of company
projections;
- Prepare loan packages for approvals, including utilization of
existing bank systems;
- Assist in document negotiation;
- Utilizes analysis and independent judgment to generate
recommendations to Directors/MDs;
- Assist coordination / execution with Syndications and
Relationship Management partners;
- Oversee the loan closing process.Reporting/Portfolio Management
- Act as lending liaison for portfolio companies with guidance
from VP;
- Ensure timely and accurate reporting from portfolio
companies;
- Assist any amendment/M&A processes for portfolio
companies;
- Research and analyze information as directed;
- Oversee portfolio database as well as quarter portfolio
review/analysis.External / Other Responsibilities
- Coordination with RM partners to develop materials required to
evaluate, pitch and execute debt opportunities;]
- Participation on diligence calls with prospects and portfolio
companies. Takes notes on material updates and opportunities;
- Mentor and train ADP.Skills
- Highly proficient at researching information and gathering
pertinent items to identify trends / anomalies.
- Strong understanding of financial accounting with financial
modeling experience.
- Strong organization and attention to details ensuring all
documentation is complete and accurate.
- Excellent communication skills capable of explaining
information in a clear and concise manner and adapting delivery
depending on the audience and influencing decisions in the best
interest of the client.
- Professional, thorough, and organized with strong follow-up
skills.
- Excels in a team environment and proactively collaborates and
acts as a leader with others to serve clients.
- Demonstrates initiative, a commitment to continuous learning,
and the ability to adapt to changing demands and requirements.
- Responds positively and quickly to constructive feedback.
Qualifications: A minimum of 2 years of related experience or High
School diploma or GED with a minimum of 6 years of related
experiencePreferred QualificationsBachelor's degree or equivalent
related experience The base pay for this position is generally
between $85,284 - 127,926 per year. 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. -First Citizens benefits programs are designed to meet
our associates where they are in life. Full-time associates (20+
hours) are offered a comprehensive benefits program, with
customized offerings, including those designed to support families,
however defined. More information regarding our benefits offerings
can be found here: .
Keywords: First Citizens Bank, San Bruno , SVB - Associate II, Credit Solutions - Corporate Banking - Hybrid, Accounting, Auditing , San Francisco, California
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