AVP, Portfolio Manager IV - Energy (hybrid) NY/CA

Overview

This is a hybrid role, with the expectation that work time will regularly take place inside and outside of a company office based in New York, New York OR Santa Monica, California.

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 bankingexpertisedelivering best-in-class lending,leasingand other financial services coast to coast. Parent company First CitizensBancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than$220 billionin assets.

First Citizens Energy Financeleveragesits deep industry knowledge andexpertiseto offer comprehensive financing solutions for renewable and conventional power generation. The unit manages a large, diverse portfolio that includes investments in all asset classes across the energy sector.

The Portfolio Management Groupis responsible formonitoring credit performance ofFirst Citizens Energy Financepolio.The AVP, Portfolio manager entailsassistingwithregularconstructionfuningswithin the Distributed Generation Project Finance portfolio,analysisof routinedeal modificationcredit requests,participatinginoccasionaldeal upsizes, Credit monitoring, controlfunctions associated with PortfolioManagement, andworking on deals in which we serveas Administrative Agent.In this role, you willassistwith the management ofdeal relationshipsandwhile working to preserve the credit quality ofportfolio deals.

Responsibilities

Supportingtheportfolio managementteam, includingassistancewithmonthly diligence and draws on construction loans,workingonamendment and waiver requests,involvement withupsizes and extensionsfor existing deals, andhelpingrespondto internal and external audits.

Assistingon deals for which we areAdministrative Agentincludingcommunicationof construction fundings, deal modifications, andmonitoring betweeninternal and external stakeholders.Performing AdminAgent duties require active communication with the various external partiesand actingas point person for Syndicate banks.

Proactivelyassistinall aspects ofregular Distributed Generation construction fundings, which require high-touch worktoclose deal fundings on a regular basis.

Performdiligence, structuring, and analysis ofdeal modification requests bydemonstratingagood sense of the requestwith attention to creditquality and risk mitigation.Proactively manage the approval processfor amendments, waivers, and consents,includingassuring that clienttimeframesandrelationshipsare attended to.

Perform financial modelingtoreview and analyzeprojections for construction fundings and deal modifications;accuratelyinterpret model results and createrecommendations andsummaries to be used in internal and external documents.

Continuouslymonitorthe ongoing performance of the portfolio of borrowers and trackreportingcompliance with a view toidentifyingdeteriorating situations early.

Preparequarterly and annual reviews of loan portfolio,maintainborrower monthly/quarterly/annual reporting requirementsand otherperiodicdeal review requests.Present deals to credit committees for review asappropriate.

Coordinate communicationfor legal modifications tosyndicate bank groupsincluding questions/answers,communicatingrequestupdates, andtracking lender votes.

Participatein ad hoc projects includingperiodicportfolio-wide analysisin response to market or regulatory updates.

borrower credit files, financial files, legal documents, and other relevant information in an organized andtimelymanner.

Interactwithand coordinate administrative matters with otherinternaldepartments(i.e.LoanBoarding, Operations, Agency, Liquidity Management,Syndications,and others).Perform internal reporting duties and control administrative and operational matters cooperating with back office.

Ensure compliance with all Know Your Customer ("KYC")and other bankingregulations.

Actively build rapport withexisting clientsandsyndicate banks, asappropriate.

Qualifications

Required:

Bachelor's Degree and 4 years of experience in Credit Analysis, Relationship Management OR High School Diploma or GED and 8 years of experience in Credit Analysis, Relationship Management.

Preferred:

2 years large corporate debt, commercial or project finance loanstructuring.

2 years projectfinancefinancial modeling, presentations, and drafting underwriting/investment memoranda and credit documentation, reviewing contracts and project materials, and bank operational processes.

Other Skills:

• Strong analytical and quantitative skills.
• Strong ability to recognize and communicateProject Financedealrisks and mitigants.
• Demonstratedtenacity,patience, and enjoymentforproblem solving.
• Ability toeffectively, tactfully, and professionally communicate withinternal and external stakeholders.
• Experiencereviewing and analyzingProject Financedeal legal documentation.
• Strong attention to detail in both qualitative and quantitative work.
• Capacity to effectively organize and multi-task in a fast-paced environment.
• Strong, proactive, and empatheticoral and written communication skills.
• Experience and passion to work oncutting edgeenergy or infrastructure related financing transactions.
• Demonstratedability to work remotely effectively and manage/prioritize multiple streams of workflow simultaneously.
• Proactive, resourceful, self-starter.
• Collaborative team player willing to receive direction and/or provide support across levels. Able to work both independentlyand alsoin close collaboration with others.
• Creative thinker.
• Empathetic teamplayer.

If hired in Santa Monica, California OR New York, York, the base pay for this position is generally between $135,000.00 and $160,000.00. 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.