Manager Asset Backed Securities Jobs (NOW HIRING)

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of our New York or San Francisco offices.

Together, Silicon Valley Bank and First Citizens 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.

Silicon Valley Bank (SVB), a division of First-Citizens Bank, is the bank of some of the world’s most innovative companies and investors. SVB provides commercial and private banking to individuals and companies in the technology, life science and healthcare, private equity, venture capital, and premium wine industries. SVB operates in centers of innovation throughout the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights, and connections. Learn more atsvb.com.

This role is responsible for portfolio management, credit underwriting, and loan administration duties for Fintech Warehouse Facilities.

• Portfolio Management and Loan Administration - This role primarily focuses on supporting, monitoring, and analyzing client collateral credit performance for asset-backed finance (ABF) transactions. Responsible for working with the client and middle office to process loan transactions (such as draw requests, pay downs, and distribution of funds). Will also prepare modeling and analysis for both monthly and quarterly portfolio reviews (including asset backed securities (ABS) market overviews), highlighting key trends and potential risks, and monitor deals for compliance with covenants. Ensure timely receipt and accuracy of client financial, compliance, and collateral reporting. Additionally, maintain accurate and up-to-date client information in internal systems and assist in the preparation of internal reports and presentations for credit and senior management.
• Credit Structuring and Underwriting – The role involves supporting the deal teams in the underwriting process for existing warehouse credit facilities. Will assist in the preparation of credit memoranda and complex structured finance models, analyze client financial statements, collateral tapes, and other relevant documents, and perform collateral stratification. Coordinate with internal stakeholders-including credit, legal, and operations teams and assist in both the deal approval and structuring process. Responsible for understanding risk factors and performance drivers for the various asset classes that the team finances, as well as understanding venture debt and broader structured finance vehicles maintained by commercial banking clients.
• Client Relationship Management and Communication – The role will act as a point of contact for assigned clients, responding to inquiries and requests, including loan transactions. Collaborate with relationship managers to support client meetings, presentations and prepare client-facing materials and correspondence. A key aspect of this responsibility is contributing to the development

Bachelor's Degree and 1 years of experience in OR High School Diploma or GED and 5 years of experience in

Preferred Area of Study: Finance, Economics, Accounting, Business Preferred Area of Experience: Commercial Banking, Asset Backed Finance, Debt Capital Markets Asset Backed Securities, Warehouse Lending, Corporate Finance

For New York or San Francisco, the base pay for this position is generally between $102,450.00-$136,600.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

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.

Bachelor's Degree and 1 years of experience in OR High School Diploma or GED and 5 years of experience in

Preferred Area of Study: Finance, Economics, Accounting, Business Preferred Area of Experience: Commercial Banking, Asset Backed Finance, Debt Capital Markets Asset Backed Securities, Warehouse Lending, Corporate Finance

For New York or San Francisco, the base pay for this position is generally between $102,450.00-$136,600.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

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.