Job Description

Overview:

Together, Silicon Valley Bank and First Citizens Bank offer you the strength and stability of a diversified financial institution with a 125-year tradition of service and the personalized approach of a nimble financial partner.

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 banking expertise delivering best-in-class lending, leasing and other financial services coast to coast. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets. Responsibilities:

Individual with essential analytical and management skills to independently and objectively evaluate the creditworthiness of current and prospective commercial borrowers, with specific focus on not for profit organizations, and perform various administrative duties and projects to support the Bank\xe2\x80\x99s ongoing credit and risk management functions. Must have strong writing skills and possess prior accounting, financial analysis or commercial lending credit analysis background. Additionally, the ideal candidate should be naturally inquisitive with problem-solving mindset, be a team player, flexible and able to adapt to frequently changing priorities, have a positive attitude and ability to complete work within the required, often fast-moving timelines. Good organizational skills and ability to multi-task are essential. Position requires the capacity to provide oversight of more junior credit analysts and interns. Help manage the credit pipeline and portfolio level risk.

Responsibilities, Duties, and Accountabilities:

• Prepare timely and insightful credit analysis applications for a diverse, high complexity and sophisticated portfolio of nonprofit organizations. Loan size may range from $500,000 for more straight forward lines of credit to over $35 million for more complex credits including tax exempt bond financings.
• Conduct independent and objective annual reviews of existing loans as well as scheduled and unscheduled loan reviews of the existing portfolio. Monoitor and maintain covenant compliance across the portfolio.
• Assess and prepare criticized loan status reports.
• Assist in the preparation and responses for loan examinations.
• Review approval conditions vis-a-vis the loan documentations for existing loans to ensure integrity of the credit process.
• Interface with Bank\xe2\x80\x99s loan operations department in the drawing of loan documentation, loan closing and booking.
• Assist in enhancing the Bank\xe2\x80\x99s underwriting procedures and guidelines for nonprofit organizations.
• Create thorough and concise analyses of the risks and mitigants of pending new commercial loan requests by reviewing and analyzing the borrowers\xe2\x80\x99 financial statements (which would include audited financial statements prepared on fund accounting basis typical for non-profit organizations), as well as real estate appraisal reports, environmental assessment reports and other loan repayment reports such as fundraising pledge reports.
• Prepare sensitivity analyses, pro forma cash flows, and assessments of collateral.
• Conduct analysis of the market and industry dynamics affecting the borrower especially as it relates to competition. State/Federal government funding and guarantees as well as other factors that may affect revenue or expenses thereby impacting cash flow and ability to debt service.
• Evaluate and opine, working with internal partners, on appraisals and environmental reports as part of the underwriting analysis.
• Accurately assess the financial position of nonprofit clients to support the Bank\xe2\x80\x99s credit decisions on credit exposure of varying size, up to its lending limits. This includes providing independent recommendations to credit and lending management on whether to approve or renew loans, modify terms of existing loans, maintain or change risk ratings of existing loans, and otherwise suggesting the appropriate credit actions based on the Bank\xe2\x80\x99s credit policies.
• Assist in the discussion of risk elements and mitigants at various loan approval meetings whether as part of a pre-flight or final credit approval for a loan or loans under consideration.
• Manage the workflow and credit analysis pipeline, with oversight and input by the lending staff.
• Support education and development of junior Credit Analysts and Credit Analysts to ensure high quality underwriting that is consistent with Credit Policy and other guidelines.
• Monitors performance, gives on-going performance feedback and participates in effective performance evaluations of Credit Analysts annually.
• Trains, counsels, mentors, and provides general direction and guidance to staff. Develops and motivates team credit analysts; identifies development needs and encourages educational/training opportunities.
• Review and assess credit analysis written memos of junior credit analysts.
• Actively seek self-training and development opportunities.
• Assist with special projects and reporting assignments as needed.
• Stay current on banking regulations and audit, regulatory and compliance requirements.
• The Senior Credit Risk Analyst conducts the most complex analysis of sophisticated credits.

The base pay for this position is relative to your experience but the range is generally $123,000 to $184,000 per year. This position is eligible for variable compensation, which may be in the form of incentive, bonus, or commission pay. First Citizens offers a competitive, comprehensive benefits program which you can review here: . Qualifications:

• Bachelor\xe2\x80\x99s Degree and 5 of relevant experience, strong preference for direct credit analysis experience in a commercial lending environment OR High School Diploma or GED with 9 years\xe2\x80\x99 of relevant experience, strong preference for direct credit analysis experience in a commercial lending environment. MBA or other similar advance degree or coursework is a plus.
• Strong financial modeling skills are preferred.
• The successful completion of a formal credit / financial analyst training program is strongly preferred.
• Proficiency with Microsoft Office products (Word, Excel, Power Point, etc.) and financial statement spreading software.
• Experience with Salesforce / nCino software a plus.

First Citizens Bank