Note: The job is a remote job and is open to candidates in USA. First Citizens Bank is seeking an AVP, Underwriter/Portfolio Manager - Healthcare to support the Healthcare group by underwriting complex Healthcare portfolios. The role involves assessing borrower risk ratings, providing guidance on loan structuring, and participating in client interactions to support Healthcare lending activities.
Responsibilities
- Underwriting - Underwrites Healthcare accounts according to applicable regulations, procedures, and guidelines. Reviews financial statements, communicates with clients or prospects, and performs analysis to recommend borrower risk ratings and appropriate loan structuring. Ensures all involved parties are updated on underwriting progress and outcome. May provide guidance to less experienced underwriters through knowledge of underwriting procedures and information needs
- 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 Healthcare loans
- Risk Management - Identifies risks through reviews, analysis, and research of new and existing Healthcare loans. Works closely with Bank associates and partners to resolve risk issues, communicating review schedule and potential changes in the Healthcare portfolio. Assists in coordinating review and renewal schedules for existing credits, facilitating ongoing risk identification and management
- Business Support - Prepares credit analysis documentation. Partners with associates and clients to determine needs and structuring of new requests, participating in client and prospect calls as needed
Skills
- Bachelor's Degree and 4 years of experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis
- OR High School Diploma or GED and 8 years of experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis
- Business, Finance, Economics
- Preferred Area of Experience: Finance, Banking
- Completion of a formal credit training program
Benefits
- Variable incentives
- Bonuses
- Benefits
- Other awards as outlined in the offer of employment
Company Overview
First Citizens Wealth offers a full range of financial planning, asset management, private banking, brokerage, investment advisory, insurance and trust services to individuals and institutional clients. It was founded in 1994, and is headquartered in Raleigh, North Carolina, US, with a workforce of 51-200 employees. Its website is https://www.firstcitizens.com/wealth.