Special Assets Associate I

Supports in the portfolio management of a variety of problem loans. Primary responsibilities will include underwriting / executing debt restructuring and portfolio management. The ideal candidate will have the ability to work in a dynamic / fast paced environment, managing a variety of deal stages and types, with a strong attention to detail.

This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office

• Underwriting: Process Management
  • Assists in the review of the assigned portfolio for credit quality and credit risk rating accuracy and notes any policy exceptions.
  • Requires underwriting skills on a variety of science industry verticals as well as credit products.
  • Prepares quarterly reporting packages as well as meeting minutes.
• Reporting/Portfolio Management
  • Maintains credit files, monitors past dues, prepares underwriting packages, interfaces and collaborates with operations, and contacts clients to obtain financial information.
  • Assists in the preparation of quarterly Individual Impairment Assessments.
• Knowledge of Credit Policy, Risk Rating Matrices, and Bank systems
  • Must understand and have the ability to navigate a number of Bank systems.
• Knowledge of Lending Products and Restructuring
  • May manage a small number of less complex accounts and/or charge-offs, including recommending and implementing strategies to mitigate loss and interacting with clients directly.
  • Requires basic negotiation skills, basic understanding of workout strategies, and strong credit acumen.

Bachelor's Degree and 0 years of experience in Credit Training or Financial Analysis OR High School Diploma or GED and 3 years of experience in Credit Training or Financial Analysis

Preferred Area of Study: Accounting, Finance, or CreditPreferred Area of Experience: Commercial Banking or Advisory

Skill(s): Ability to review and analyze credit and financial information, Knowledge of financial principles and concepts

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. More information can be found at https://jobs.firstcitizens.com/benefits.