First Citizens Bank · 1 day ago
Director Underwriter Portfolio Manager-ABL (hybrid) NY
New York, NY
Full-time
Hybrid
Senior Level, Lead/Staff
$200K/yr - $240K/yr
8+ years expFirst Citizens Bank is a financial institution providing various banking services. The Director, Underwriting Portfolio Manager - ABL is responsible for leading the Asset Based Lending and Specialty Finance underwriting and portfolio management, ensuring compliance with strategies and regulations while maximizing bank earnings and minimizing risk.
BankingInsuranceLendingPaymentsWealth Management
Responsibilities
Underwriting Oversight - Contributes and provides leadership to the ABL and SpF underwriting, approval and legal documentation process. Ensures that credit quality standards, lending targets, and compliance requirements are met. Evaluates opportunities via communication with Business Development Officers, underwriting team members, prospect and portfolio management teams and or agents and provides oversight to highly complex loan requests. Identifies weaknesses, voids, or deficits in lending processes, and develops appropriate solutions. Supports the Bank's risk and soundness objectives
Business Support - Responsible for the development, revision, and implementation of compliant and effective strategies, policies, standards, and procedures, as it relates to underwriting and portfolio management. Advises on strategies to ensure risks are properly identified and portfolio composition is aligned with overall Bank balance sheet and appropriate for various economic environments. Monitors changes in industries, the economy and macroeconomic environment and advises executive management on potential opportunities to enhance shareholder return
Reporting - Directs analysis and reporting efforts to support investment decision making and alignment with corporate strategy. Oversees and provides reports on strategies and risk positions to Councils and the Asset-Liability Committee (ALCO), and other appropriate parties. Ensures all activities follow regulatory guidance, Bank policies and guidelines
Managerial Functions - Leads an underwriting and portfolio management team. Establishes and monitors expectations to achieve company and department goals. Makes appropriate changes to team policies, procedures, and efficiencies in order to prioritize and meet objectives. Manages the performance, training, and evaluation of assigned staff
Qualification
Required
Bachelor's Degree and 8 years of experience in Credit analysis, underwriting or Risk Management
High School Diploma or GED and 12 years of experience in Credit analysis, underwriting or Risk Management
Preferred
Master's Degree, BS Business, Finance, Economics Banking, Finance
6 years of Senior Secured Asset Based Lending
Negotiating term sheets and legal agreements
Lead Left and Direct borrower relationships experience
Management or formal mentorship experience
Completion of a formal credit training program
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
Company data provided by crunchbase