Citizens · 5 days ago
Private Bank, Private Equity Lending Associate (Boston, MA)
772 Boylston St, Boston, MA, 02199, US
Full-time
Hybrid
Mid Level
$100K/yr - $130K/yr
3+ years expCitizens is a financial institution seeking a Private Bank, Private Equity Lending Associate for their Boston office. The role involves underwriting and managing a commercial loan portfolio, primarily focusing on private equity and venture capital fund finance transactions while also handling credit-related inquiries and managing client relationships.
BankingCredit CardsFinancial ServicesFinTechRetail
Responsibilities
Works closely with Relationship Manager and client to identify lending needs and solutions
Serve as the client day-to-day contact for credit-related inquiries and requests
Ability to interact with private equity/venture capital clients and understand operating models of client businesses
Underwrite credit approval packages for new credit product originations or renewals and modifications to existing credit facilities, including: capital call lines of credit / subscription facilities, revolving lines of credit to management companies, term loans to management companies, general partner loans to corporate borrowers, and standby letters of credit
Performs analysis of client's financials to determine loan eligibility
After Relationship Manager handoff, serves as main point of contact for all internal/external parties to lending transactions while keeping the RM updated
Manages end-to-end loan process with clients and internal/external partners from inquiry through post-closing (e.g., presents loan requests to Credit Officer for approval, assists with closing coordination and any post-closing requests)
Manage the existing portfolio of credit facilities to ensure operations are in compliance with terms structured in credit agreements
Proficient use of Moody's CreditLens or similar application to complete financial analysis and spreads. Analyze cash flow reports, calculate ratios, recognize and describe trends and identify recurring and non-recurring sources of cash flow
Monitors pipeline to ensure loan workflow is efficient and meeting closing deadlines
Maintains a high level of quality control for verifying accuracy of financial and loan documents
Qualification
Required
3+ years of commercial credit analysis experience with private equity/venture capital (capital call lending, management company credit facilities)
BA/BS Degree required with concentration in business, finance and/or accounting preferred
Strong decision-making, interpersonal and communication skills; including the ability to clearly understand and convey complex concepts, both written and verbal
Excellent organizational and time-management skills, and high attention to detail and accuracy
Self-motivated and self-disciplined, with the ability to work effectively with little supervision
Willingness to focus primarily on fund finance transactions but also handle occasional C&I and CRE transactions. Experience across all three lending verticals is not essential – the Team will help the candidate get up to speed
Advanced familiarity with Word, Excel, and PowerPoint
Preferred
Experience with Moody's CreditLens is a plus
Benefits
Comprehensive medical, dental and vision coverage
Retirement benefits
Maternity/paternity leave
Flexible work arrangements
Education reimbursement
Wellness programs
Paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States.
Company
Citizens
At Citizens, we recognize that the journey to accomplishment is no longer linear and that individuals are made of all they have done and all they are going to do.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$2B2025-02-26Post Ipo Debt· $750M
2024-07-09Post Ipo Debt· $1.25B
2014-09-23IPO
Leadership Team
Melisa Carrascoza
SVP, Business Banking Market Executive - New England South
Steve Kozek
Head of Commercial Excellence, Senior Vice President
Recent News
2026-01-22
Talk Business & Politics
2026-01-19
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