First Citizens Bank · 15 hours ago
Underwriter Portfolio Manager IV-ABL
New York, NY
Full-time
Hybrid
Mid, Senior Level
$120K/yr - $150K/yr
4+ years expFirst Citizens Bank is seeking an AVP Underwriting Portfolio Manager for Asset Based Lending. This role is responsible for underwriting and managing ABL financing transactions, ensuring compliance with regulations, and maximizing portfolio value while minimizing risk.
BankingInsuranceLendingPaymentsWealth Management
Responsibilities
Underwriting - Underwrites ABL 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
Portfolio Management - Manages assigned portfolio by monitoring performance and trends, proactively defining client credit solutions, identifying issues and following through for remediation. Responsible for risk rating integrity, annual reviews as well as financial statement spreading, compliance and regulatory review. Manages all amendment and waivers in the assigned portfolio
Client Service - Maintains ongoing communication and contact with assigned loan clients. Fortifies relationships and monitors client satisfaction
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 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
Qualification
Required
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
3 years of Asset Based and / or Specialty Finance Lending 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
Formal credit training
Benefits
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.
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
2026-01-13
2026-01-06
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