First Citizens Bank · 8 hours ago
Underwriter Portfolio Manager IV-ADG
New York, NY
Full-time
Hybrid
Mid, Senior Level
$130K/yr - $140K/yr
4+ years expFirst Citizens Bank is a financial institution seeking an AVP, Underwriter Portfolio Manager - ADG. This role is responsible for underwriting and portfolio management of ADG financing transactions, including analysis, reporting, and asset management while ensuring compliance with regulatory requirements.
BankingInsuranceLendingPaymentsWealth Management
Responsibilities
Underwriting - Leads the underwriting of credit actions according to applicable regulations, procedures, and guidelines. Interacts directly with customers to gather information throughout the approval process and to determine the viability of repayment. Reviews financial statements, third-party reports (appraisals, field audits, Quality of Earnings, etc.), communicates with customers or prospects, and performs analysis to recommend credit grades, covenants, and appropriate loan structuring. Prepares cash flow and asset backed financial models as well as supervises colleagues modeling efficiently and accurately. Ensures all involved parties are updated on underwriting progress and outcome. Provides leadership in daily activities through underwriting production and credit analysis expertise
Portfolio Management - Enhances Bank earnings through the recommendation and execution of portfolio transactions and by ensuring adequate liquidity to support balance sheet growth is available at all times. Confirms portfolio transactions are properly executed and carry an acceptable amount of risk. Supports, liquidity management, stress testing, assumption updates, and model validation. Creates reports for management and regulators on portfolio composition, return, and risk. Responsible for all aspects of annual reviews, waivers, amendment requests and documentation. Ensures accurate recordation of PD/LGD and Fed regulatory ratings. Ensures credit files are maintained and accurate
Analysis - Performs analysis on portfolio positions and assists in liquidity management. Sources, compiles, and interprets financial data and third-party reports to support structuring, and approval of loans. Reviews industry information and comparisons, key risks and mitigants, and collateral coverage to form a general business overview of the borrower. Utilizes results of analysis to underwrite complex 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. May assist in the development of strategies to manage risk within the credit portfolio
Mentor and tutor junior team members
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
Bachelors in Accounting, Business, Finance, or Economics
Finance, Banking License
Completion of a formal credit training program
Underwriting/portfolio management experience
Cash flow and asset backed financial models
Familiarity of Third-party reports including appraisals, field audits, and quality of earnings
Mentoring others
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 (102)
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
Greg Smith
Chief Information and Operations Officer
Recent News
2025-12-22
2025-12-21
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