First Citizens Bank · 1 day ago
AVP/VP, Senior Underwriter Portfolio Manager-ABL (Asset Based Lending) Hybrid
New York, NY
Full-time
Hybrid
Mid Level
$140K/yr - $185K/yr
4+ years expFirst Citizens Bank is seeking an AVP/VP, Senior Underwriter Portfolio Manager for their Asset Based Lending division. The role involves underwriting and managing portfolios of ABL financing transactions while ensuring compliance with regulatory requirements and market trends.
BankingInsuranceLendingPaymentsWealth Management
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
Qualification
Required
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
Bachelor's Degree and 4 years of experience in Credit analysis, underwriting or Risk Management OR High School Diploma or GED and 8 years of experience in Credit analysis, underwriting or Risk Management
Preferred
Bachelor's Degree in Business, Finance or related subject
5 years of Asset Based Lending Working Capital, Specialty Finance Lending, Borrowing Base structures
Experience with determining the engagement scope and analysis of third-party field exam and appraisal reports
Accounts Receivable, Inventory, Liquidation experience
5 -years portfolio management experience. Lead Agent and Direct account relationship role experience preferred
Ability to lead new underwriting opportunities from customer introduction through credit approval and negotiate legal documentation
Formal credit training
3 years of Asset Based and/or Specialty Finance Lending, Working Capital experience for loans with borrowing base structures
Experience with analysis of third party field exam, appraisal and / or investment valuation reports
2 years portfolio management experience
Ability to support new underwriting opportunities from customer introduction through credit approval and legal documentation
Company
First Citizens Bank
First Citizens Bank provides banking services, essential business and professional services, wealth management capabilities, and more.
10001+ employees
H1B Sponsorship
First Citizens Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (126)
2024 (115)
2023 (249)
2022 (53)
2021 (12)
2020 (9)
Funding
Current Stage
Public CompanyTotal Funding
$33M2021-05-07Post Ipo Debt· $10M
2018-08-29Post Ipo Debt· $23M
1986-10-31IPO
Leadership Team
C
Craig Nix
Chief Financial Officer
Samantha Bureau - Johnson
SVP & Director, Customer Contact Center
Recent News
2026-01-06
2025-12-22
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